Maximizing Business Success: The Influence of Human Resource Management Practices, Cost-Efficient Supply Chain Management, and Top Management Support on Financial Performance

This study is rooted in the Resource-Based View (RBV) theory, which highlights the significance of Human Resource Management (HRM) practices, supply chain management, and top management support in shaping an organization's financial success. A quantitative research approach based on an age-based quota sampling technique was adopted to analyze the interplay among study constructs. Data were collected from 410 employees from various organizations across the agriculture sector using structured questionnaires at two different time points. Results show that HRM practices, including talent management, recruitment, training, and workplace development, significantly impact financial performance, with a cost-efficient supply chain management mediating role. Additionally, top management support was found to moderate the relationship between cost-efficient supply chain management and financial performance. This study provides valuable insights into how organizations can leverage their resources, particularly human capital and supply chain efficiency, to enhance financial performance and long-term sustainability in today's competitive business environment.