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Journals / International Journal of Business and Management Studies / 2010 / Cilt: 2 Sayı: 1

CONTRIBUTION BASED MEASUREMENT OF HUMAN ASSET FOR STRATEGIC DECISION MAKING USING HCIS

Ajay Kr. SINGH
Nisha GUPTA
Pages
97–105
Publication Date
2010-06-01
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

These findings have implications for strategic decision making relating to human asset

📌 3 Key Takeaways

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Objective & Hypothesis:The study has been undertaken to test the validity of the variables that contribute in the valuation of human asset using the Human Resource (HR) Valuation Model (Singh, 2002) conducted in three manufacturing companies in NCR on white collar employees.
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Key Findings & Data:The result indicates that the cost incurred on employees cannot be used as a surrogate measure of their value.
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Conclusion & Impact:These findings have implications for strategic decision making relating to human asset
🔬Design:Modeling & Simulation
📍Scope:2002 Verileri
⚙️Variables:Human Asset · Human Resource Accounting Model · Contribution

Abstract

The study has been undertaken to test the validity of the variables that contribute in the valuation of human asset using the Human Resource (HR) Valuation Model (Singh, 2002) conducted in three manufacturing companies in NCR on white collar employees. The result indicates that the cost incurred on employees cannot be used as a surrogate measure of their value. The various Organisational and Environmental factors relating to human resource have an impact on Organisation’s human resource value. Factor Analysis, a multivariate technique has been used that shows relative importance of all variables used in the model. Thus, there are various variables (i.e. qualitative variables that include behavioral and contribution based variables and quantitative variables) which are instrumental in making the contribution by an individual in the organization upon which the value of an individual is determined. These findings have implications for strategic decision making relating to human asset

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Cite This Article

SINGH, A. K., GUPTA, N. (2010). CONTRIBUTION BASED MEASUREMENT OF HUMAN ASSET FOR STRATEGIC DECISION MAKING USING HCIS. International Journal of Business and Management Studies, Cilt: 2 Sayı: 1, 97–105. https://ajindex.com/articles/993377

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References (6)

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  2. Krishnan, S. & Singh, M. (2004), “Strategic Human Resource Management: Three-Stage Process and Influencing Organizational Factors”, Working Paper No. 2004-06-04, IIM Ahmedabad. Available at: http://www.iimahd.ernet.in/publications/data/2004-06-04manjari.pdf.
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  6. Singh, Ajay Kr. (2002), “Accounting for Human Resources: Acquisition, Development and Retention”, Society for Human Transformation and Research, Delhi. Singh, Ajay Kr. and Gupta, N. (2008), “Measurement of Human Asset: An Empirical Analysis”, Indian Journal of Accounting, Vol. 38 (2), pp. 13-22.