The Impact of Knowledge Sharing, Human Resource Management Team Efficacy and Performance on the Financial Performance: Mediating Role of Leadership Empowerment

Abstract

The prime goal of the research is to investigate the impact of knowledge sharing, human resource management (HRM) team efficacy and performance on the financial performance. The second aim is to inspect the mediating role of leadership empowerment among the link of knowledge sharing, HRM team efficacy and performance and financial performance of the Thailand pharmacies. The data were gathered from the pharmacies employees that are situated in Bangkok and PLS-SEM was used to analyze and test the hypotheses. The findings exposed that the knowledge sharing, HRM team efficacy and HRM team performance has positive nexus with the financial performance. The outcomes also indicated that leadership empowerment has positively mediates the link among the knowledge sharing, HRM team efficacy, HRM team performance and firm performance. These results suggested to the authorities that are prepare the policies regarding the HRM practices that they should convert their emphasis towards the HRM team performance and efficacy and also on knowledge sharing activities of the employees that enhance the firm performance.