The Impact of HRM and Strategic Marketing Management on Corporate Financial Performance in Malaysia: Conceptual Paper

This conceptual paper examines the relationship between Human Resource Management (HRM), Strategic Marketing Management (SMM), and Corporate Financial Performance (CFP) within the Malaysian banking sector.As the industry faces competition, successfully combining Human Resource Management (HRM) and Social Media Marketing (SMM) becomes important in order to enhance financial results outcomes.This study reviews existing literature, highlighting that strong HRM practices help improve employee engagement and satisfaction, which positively influence organizational performance.Concurrently, strategic marketing initiatives, particularly those leveraging digital platforms, are shown to enhance brand visibility and customer loyalty.By synthesizing insights from empirical studies and qualitative case analyses of Malaysian banks, the research identifies key themes and synergies between these domains.The findings highlight the importance of aligning HRM and SMM strategies to drive sustainable financial growth.

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Publication Details

Journal
International Journal of Academic Research in Business and Social Sciences
Published
2024-10-12
DOI
https://doi.org/10.6007/ijarbss/v14-i10/22997
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

The Impact of HRM and Strategic Marketing Management on Corporate Financial Performance in Malaysia: Conceptual Paper

Rosnah Hussin, Novia Zahrah, Wan Md Afnan Wan Mahmood
International Journal of Academic Research in Business and Social Sciences
Islamic Finance and Banking Studies
article

The Impact of HRM and Strategic Marketing Management on Corporate Financial Performance in Malaysia: Conceptual Paper

Rosnah Hussin, Novia Zahrah, Wan Md Afnan Wan Mahmood
article en

Abstract

This conceptual paper examines the relationship between Human Resource Management (HRM), Strategic Marketing Management (SMM), and Corporate Financial Performance (CFP) within the Malaysian banking sector.As the industry faces competition, successfully combining Human Resource Management (HRM) and Social Media Marketing (SMM) becomes important in order to enhance financial results outcomes.This study reviews existing literature, highlighting that strong HRM practices help improve employee engagement and satisfaction, which positively influence organizational performance.Concurrently, strategic marketing initiatives, particularly those leveraging digital platforms, are shown to enhance brand visibility and customer loyalty.By synthesizing insights from empirical studies and qualitative case analyses of Malaysian banks, the research identifies key themes and synergies between these domains.The findings highlight the importance of aligning HRM and SMM strategies to drive sustainable financial growth.

International Journal of Academic Research in Business and Social SciencesVol. 14(10)
City University Malaysia (MY)
Openalex Percentile: Top 70%
Islamic Finance and Banking Studies
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The Impact of HRM and Strategic Marketing Management on Corporate Financial Performance in Malaysia: Conceptual Paper — Rosnah Hussin, Novia Zahrah, et al. · International Journal of Academic Research in Business and Social Sciences (2024) | TGRS Research Map | TGRS