Abstract
This study investigates the relationship between human resource management (HRM) and the performance of 101 foreign-owned subsidiaries in Russia. The study's results provide support for the assertion that investments in HRM practices can substantially help a firm perform better. Further, different HRM practices for managerial and non-managerial employees are found to be significantly related with firm performance. However, only limited support is obtained for the hypothesized relationship between efforts at aligning HRM practices with firm strategy and subsidiary performance.