HRM practices differ across the profit or not-for-profit sectors as well as public and
private sector organizations. In an Australian study on the influence of various
strategic HRM practices and perceived overall performance in the health sector, private-sector health service organizations had a higher perceived performance than public-sector health organizations. Similarly, an evolution on human resource development (HRD) in Australian organizations was
conducted based on 13 years period from 1996-2009 and analyzed the effect of ownership pattern, the company
size, and industry sector on HRD practices. Among the results, the study revealed limited differences in HRD
practices between public and private sector organizations. Moreover, from the results
of one sample T-test presented in the subsection 4.1 of this study, it is clear the applications of HRIS significantly
vary among the organizations. Consequently, we looked for whether the variations of HRIS applications
according to the ownership patterns have significant impact on the firms’ financial performance outcomes.
Therefore, our second hypothesis is: