An Inferential Response of Organizational Culture upon Human Capital Development: A Justification on the Healthcare Service Sector

Sen Loknath (), Kumar Arya () and Biswal Saroj Kanta ()
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Sen Loknath: Siksha ‘O’ Anusandhan (Deemed to be University), Institute of Business and Computer Studies, India
Kumar Arya: Kalinga Institute of Industrial Technology, Deemed to be University, India
Biswal Saroj Kanta: Siksha ‘O’ Anusandhan (Deemed to be University), Institute of Business and Computer Studies, India

Folia Oeconomica Stetinensia, 2023, vol. 23, issue 1, 208-227

Abstract: Research background Many studies have declared the influence of organizational culture on the performance of employees, however little attention was given to the correlation of organizational culture and human capital development in the healthcare sector in the Indian context. Purpose The current study intends to elucidate the effects that organizational culture has on the development of Human Capital for various healthcare service sector organizations in Odisha. Research methodology A total of 300 responses were gleaned from various employees employed in different healthcare service sector organizations operating in the Odisha market. The positive influence of Organizational Culture (OC) was observed on the development of human capital as was found from the results of the data analysis. Results From the findings of the study the positive influence of various Reward Systems, Trend towards Participation and Trust was observed on the development of human capital. However, the results of the study showed no significant influence of the dimensions of information systems on the development of human capital. Novelty There are no previous studies which have substantiated the positive impacts of Organizational Culture on Human Capital Development (HCD) which were explicit to the Indian healthcare service sector. Furthermore, the findings of this study provide a unique insight into the influences of certain elements of organizational culture upon developing the human capital of healthcare service sector employees in the Indian context.

Keywords: Organizational Culture; Human Capital Development; Healthcare service sector (search for similar items in EconPapers)
JEL-codes: C12 I19 J24 M12 M54 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:23:y:2023:i:1:p:208-227:n:3

DOI: 10.2478/foli-2023-0011

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