Investing in Human Capital as a Key Factor for the Development of Enterprises

Drábek, Josef; Lorincová, Silvia; Javorčíková, Jana

doi:10.5772/67741

Cited by 13 publications

(11 citation statements)

References 12 publications

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“…Furthermore, investment in an effective system for distributing corporate benefits is essential for recruiting and retaining employees and developing high-quality human resources for firms [75]. Drábek et al [76] suggest a diagram about the benefits of increasing employee morale and interest. Therefore, the efficacy, fairness and suitability of market advantages need to be routinely measured and checked to assist in determining employee improvements and hence the rewarding scheme [11,20,36].…”

Section: The Education Level Of Human Resource and Bank Performancementioning

confidence: 99%

The impact of investment in human capital on bank performance: evidence from Bangladesh

Rahman

Akhter

2021

Futur Bus J

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The objective of this study is to examine the aspects of investment in human capital like training of employees, education level of employees, knowledge level of employees, and skills of employees that influence the performance of a bank and to provide some comments to improve the banking sectors. This research included a conceptual model along with hypotheses. This empirical study is based on primary data. The data were obtained by the convenient sampling procedure with a questionnaire using the seven-point Likert scale. The hypothesized model has been validated using data from 261 participants, and an analysis was conducted using the system of structural equation modelling. The results revealed that investment in training, knowledge level and skills of the employee were positively connected to bank performance at less than 1% and a 5% level of significance. But the employee’s educational level does not substantially affect bank output in this analysis. The focus field is the study of the human capital investments of the Human Resources Division at Janata Bank Limited. It investigates different aspects of the Janata Bank’s facilities as well as the problems and prospects. Thus, this study can be a policy dialogue for the managers, owners, decision-makers, and academicians.

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Section: The Education Level Of Human Resource and Bank Performancementioning

confidence: 99%

The impact of investment in human capital on bank performance: evidence from Bangladesh

Rahman

Akhter

2021

Futur Bus J

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“…The modern human capital efficiency measurement model includes several human capital efficiency indicators. Some of them are human capital market value -HCMV (Drábek et al, 2017;Lindenberg & Ross, 1981), human capital value added -HCVA (Fitzenz, 2000;Drábek et al, 2017), human capital return on investment -HCROI (Fitz-enz, 2000;Drábek et al, 2017), and efficiency in the use of human capital -EHC (Krstić & Bonić, 2016) (see Table 1).…”

Section: Human Capital Efficiency Measurementmentioning

confidence: 99%

The Impact of Human Capital Value on Human Capital Efficiency and Business Performance

2022

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In the knowledge economy era, human capital is a part of intellectual capital and a significant factor in enterprise competitiveness. The importance of human capital is often diminished due to the accounting expression of investments in human resources in the income statement as a cost (expenditure) component. This paper points to the fact that the cost of human resources is an investment that affects the growth of the business performance of an enterprise. Hence, the aim of this paper is to examine the impact of human capital value on human capital efficiency and business performance indicators, such as sales revenue (SR), earnings before interest and taxes (EBIT), and EBIT margin (EBITM). To examine this impact, empirical research is conducted on a sample of 24 companies with the highest brand value for the period 2012-2019. The regression analysis results show that sales revenue and EBIT grow by 0.77% and 1.1% respectively as human capital value grows by 1%. Additionally, findings reveal that the growth of the human capital value negatively affects the values of human capital efficiency indicators and EBIT margin in the sample of examined enterprises.

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“…Human capital cost factor (HCCF) reflects the total cost of human capital (Drábek et al, 2017). Fitz-enz (2000, p. 46-47) believes that this indicator is based on calculating four main types of human capital costs: salary and benefit costs for employees, contingencies, absence costs and turnover costs.…”

Section: )mentioning

confidence: 99%

Measuring the efficiency of human capital

Veselinović¹,

Krstić²,

Veselinović³

2021

Econ Sust Dev

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Increased efficiency is a necessity for any company in the knowledge-based economy, rather than an option, in the circumstances of constant change and global competition. The efficiency of using resources, especially intellectual resources, is a crucial factor in assessing the financial strength of an enterprise. Since intellectual resources are immaterial and mainly invisible, measuring and managing them is difficult. Measuring human capital efficiency provides relevant information for management, as human capital significantly affects a company's performance. The aim of the paper is to explain the importance of measuring human capital efficiency through selected conventional and contemporary indicators. This paper will show what managerial information we could get thanks to the quantification of human capital efficiency in using the specific indicators in the labour productivity analysis.

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Investing in Human Capital as a Key Factor for the Development of Enterprises

Cited by 13 publications

References 12 publications

The impact of investment in human capital on bank performance: evidence from Bangladesh

The impact of investment in human capital on bank performance: evidence from Bangladesh

The Impact of Human Capital Value on Human Capital Efficiency and Business Performance

Measuring the efficiency of human capital

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