Human Capital Theory in Education

This chapter analyses the relationship between career development, education, and human capital theory. It argues that education lies at the heart of our understanding of how individuals develop their careers and how purposeful career development interventions can support them in this endeavour. Career development services are most evident and accessible in the education system. This relationship is not accidental but is rooted in both the historical development of the field and in the importance of human capital theory to the ideology of both education and career development. The chapter finishes by critiquing the dependence of policymakers and advocates for the field on human capital theory and by considering alternative relationships that could be built between education and career development.

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Policy borrowing and developing knowledge economies in GCC countries: a critique from a Human Capital Theory perspective

Asia Pacific Education Review ◽

10.1007/s12564-020-09661-x ◽

2021 ◽

Author(s):

Reem Khalid Abu-Shawish ◽

Michael H. Romanowski ◽

Tasneem Amatullah

Keyword(s):

Human Capital ◽

Human Capital Theory ◽

Policy Borrowing ◽

Capital Theory ◽

Gcc Countries ◽

Knowledge Economies ◽

Developing Knowledge

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CEOs’ International Work Experience and Compensation

Management International Review ◽

10.1007/s11575-021-00444-z ◽

2021 ◽

Author(s):

Stefan Schmid ◽

Sebastian Baldermann

Keyword(s):

Human Capital ◽

Empirical Analysis ◽

Work Experience ◽

Resource Dependence ◽

Human Capital Theory ◽

Work Experiences ◽

Capital Theory ◽

International Work ◽

Executive Remuneration ◽

To Receive

AbstractIn this paper, we study the effect a CEO’s international work experience has on his or her compensation. By combining human capital theory with a resource dependence and a resource-based perspective, we argue that international work experience translates into higher pay. We also suggest that international work experience comprises several dimensions that affect CEO compensation: duration, timing and breadth of stays abroad. With data from Europe’s largest stock market firms, we provide evidence that the longer the international work experiences and the more numerous they are, the higher a CEO’s compensation. While, based on our theoretical arguments, we expect to find that later international work experiences pay off for CEOs, our empirical analysis shows that earlier international work experiences are particularly valuable in terms of compensation. In addition, our data support the argument that maturity allows a CEO to take advantage of the skills, knowledge and competencies obtained via international experience—and to receive a higher payoff. With our study, we improve the understanding of how different facets of a CEO’s background shape executive remuneration.

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