scholarly journals Human Psychological Factors in the Success of Human Capital Investment in Driving Financial Performance, Case Study of the Hotel Industry in Indonesia and Malaysia

2021 ◽  
Vol 12 (1) ◽  
pp. 69-75
Author(s):  
Diah Rusmingsih ◽  
Eny Lestari Widarni ◽  
Suryaning Bawono

Abstract This research combines quantitative research to calculate data variables and draw conclusions as well as meaning-based qualitative research for things that are observed and cannot be calculated precisely such as psychological factors in human resources and other human factors related to human capital investment and organizational performance in Hotel Industry throughout Indonesia and Malaysia. With careful observation based on activity reports and various reliable sources using content analysis, we find that investment in human capital can be successful if human factors of human resources can be fulfilled such as comfort and job satisfaction. So that the factors of expertise and work comfort are the two dominant factors in increasing the success of investing in human capital in improving organizational work.

2008 ◽  
Vol 36 (8) ◽  
pp. 1011-1022 ◽  
Author(s):  
I-Ming Wang ◽  
Chich-Jen Shieh ◽  
Fu-Jin Wang

Based on 150 valid questionnaires, an investigation was undertaken through correlation analysis and multiple regression analysis to examine the following: the correlation between human capital investment and organizational performance, between organizational culture and human capital investment, between organizational culture and organizational performance, and finally the effect of organizational culture on the correlation between human capital investment and organizational performance. The relationship between staff training and development and internal trust relations positively correlated with organizational value. That same relationship was enhanced by organizational identification. On the other hand, the correlation between the 3 dimensions of organizational performance and the other 2 dimensions of human capital investment (staff recruitment; staff inspiration) was not influenced by the presence of either organizational identification or organizational value.


2019 ◽  
Vol 4 (1) ◽  
pp. 176
Author(s):  
Evi Adriani

Human capital is an investment in the field of human resources The process of acquiring knowledge and skills through education is not merely a consumptive activity, but rather a form of investment in Human Resources (HR). This study will explain the existence of the theory of human capital in terms of investment in human capital for education. Explanation starts from the definition and concept of human capital, perspective in discussing human capital investment and methods of measuring human capital investment. This paper closes with the signaling theory which is another direction of thinking about the role of education as human capital.


2019 ◽  
Vol 6 (2) ◽  
pp. 167-208
Author(s):  
Contributing Authors ◽  
Saira Munir ◽  
Asia Bibi ◽  
Ahmed Faisal Siddiqui ◽  
Qurrat Ul-Ain Butt

Human capital is professed as a critical factor and a special resource that can elevate the firm’s performance, generally, in most of the organizations, and specifically, in labor-intensive organizations. It is considered a special resource in the hotel industry where employees have direct interaction with customers. Although a lot of research has been done, however, the question of how much and what type of human capital is required by the organization to fight in the recent rivalry is still unanswered. This study is an effort to answer the aforesaid question about human capital in the hospitality sector in Pakistan (involving five stars, four-star, and three-star hotels separately). A theoretical framework and a research conceptual model is developed on the bases of in-depth literature. A cross-sectional field survey was conducted through an adopted and valid research instrument. Questionnaires were administered to 300 respondents selected by stratified random sampling, 275 were received and 250 were perfect for further use in SPSS version 22. Statistical analysis shows the results which clearly identify the strong and significant relationship between human capital and organizational performance. Moreover, microanalysis of components of human capital depicts that innovation and creation have the most significant impact among all of the three components, on organizational performance in all types of hotels in Pakistan. Theoretically, the current study added knowledge to the literature about the constructs of human capital, organizational performance, and organization success. Practically, in the hotel industry, it contributes to strategic decision making such as employees’ training, human capital investment, regulatory decisions, developing mechanisms in order to develop human capital as a unique and valuable resource that leads to the competitive advantage of the organizations. The current study is limited to five stars, four-star and three-star hotels in Lahore, Pakistan. It an important and initial step towards establishing a measurable and empirical value of human capital for organizations in the hospitality sector. However, It opens new vistas for researchers to further investigate the phenomenon.


2012 ◽  
Vol 36 (2/3) ◽  
pp. 308-328 ◽  
Author(s):  
Olga Verkhohlyad ◽  
Gary N. McLean

PurposeThis study aims to bring some additional insight into the issue of emigration by establishing a relationship between emigration and psychic return of citizens to their human capital investment in the country.Design/methodology/approachThe article adopts a quantitative research strategy. It applies organizational commitment and human capital theories to the study of emigration.FindingsThe article provides evidence for the fact that psychic return to human capital investment in the country has significant relationship with emigration level from this country. At the same time, of all variables that comprise this type of return to HC investment, only two variables were found to be statistically significant: national GDP and access to education in the country.Research limitations/implicationsThe findings provide some evidence for the fact that emigration from a country cannot be reduced unless people in the country have the ability to lead an economically comfortable life and have access to education. Those countries that experience significant emigration need to turn their attention to developing and implementing sound economic and educational reforms. Emigration will be reduced as a result. A significant limitation of this research is the fact that not all the world countries were included in the analysis. Although the authors did their best to get data for as many countries as possible, the absence of data for some countries allowed for the research using fewer countries than desired.Originality/valueThis article utilizes organizational commitment and human capital theories. The combination of these two theories of social research allows a unique look at emigration.


2019 ◽  
Vol 8 (3) ◽  
pp. 2980-2983

In the global scenario, the companies are controlled by challenger, despite of industry. The highly aggressive market has made impression on the companies to have competitive advantage. The unique challenging edge is company’s human capital. The human capital play significant role in increasing organizational performance. Now organizations have to take moment to enhance their workforce by imparting training and development program to upgrade skills, talents and knowledge to make their human capital effective. It also examines on the mindset of the employees and gives high attainment in their workforce planning. An employee is most valued resource to a company and provides tangible base needed to build long-term profitability and continuous success. Hence the study determines the significance importance of human capital investment in Indian pharmaceutical sectors. The situation of current human capital investment are explore and conclusion drawn from the study


2021 ◽  
Vol 1 (1) ◽  
pp. 128-131
Author(s):  
Sri Rahayu ◽  
◽  
Cahya Budhi Irawan

This study examines the role of human capital investment in the form of improving education and health services in Indonesia in order to improve the performance of Indonesia's human resources so that it can increase the income of Indonesians which is reflected in the encouragement of economic growth. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that education and health investment are positively related to economic growth. This indicates that human capital investment in Indonesia is able to improve the performance of Indonesia's human resources so that it has the impact of encouraging Indonesia's economic growth.


BISMA ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 25
Author(s):  
Suryaning Bawono ◽  
Regina Niken Wilantari

This study aims to find the development of aggregate human resources based on human capital investment in poverty alleviation efforts in Indonesia. The data used is secondary data obtained and processed from the Indonesian Financial Services Authority and the world bank. This study uses a vector error correction model to estimate, simulate, and predict each of the variables studied to provide an overview of the opportunities and threats of technological inclusion and financial inclusion in poverty reduction efforts based on human capital investment in the education-based human capital framework. Inclusion has the potential to be an opportunity to reduce the cost of education so that human capital investment efforts in the framework of education-based human capital work by the poor have a higher chance of success. Financial inclusion support from official P2P lending can also support poor people's capital in investing in human capital, but with low interest and must be close to zero and would be better with zero interest. Keywords: education, financial inclusion, human resources, P2P lending, poverty alleviation


Author(s):  
Yasser Omar Sindi - Hassan Awad Al-Surhi

The study aimed to identify to clarify the role that can be played by Knowledge Management in human capital investment applications company Saudi Arabian Airlines,  furthermore the study aimed to identify the Recognize reality of Knowledge Management in the field of human capital investment applications, As well as to identify the most serious obstacles Knowledge Management applications for the investment and development of human resources, to fulfill these objectives the descriptive analytical method is used in this study, where the researcher used the questionnaire to collect primary data through direct questions and inquiries. The study population consisted of personnel management of human resources in the company reached (586) employee, and researcher selected a simple random sample of the total overall society for the study size was (296) employee of the total community individual. the study concluded that the results of the study concluded that there are many positive indicators suggest that Knowledge Management applications for human capital investment available air transport sector is very high degree, the study also pointed that there are some Knowledge Management for the investment of human capital need to activate up to fit and perform its vital role in the development of human resources of the company. the study also showed that the most important human resource management needs to support Knowledge Management applications represented in the existing knowledge of the staff need to modern techniques to be published, also through the importance of spreading knowledge and culture through seminars, workshops, training programs. The study results revealed that the technologies of Knowledge Management is very vital role in the development of investment in human capital and by providing a work environment that encourages creativity and excellence. the main recommendations of  the  study that need to maintain the current ratio of Knowledge Management, and encourage a culture of acquiring new knowledge and information among workers, and need that the administration working to provide advanced systems for service personnel, and the need for attention to the deployment of knowledge and culture through seminars, workshops, training programs and need to focus on knowledge management techniques as they have a very vital role in the development of investment in human capital through the dissemination of information and disseminating them among employees where this will contribute to make them aware of, and that the administration need to working to open the channels of effective communication between them and the staff through the activation of all media and means of communication between them. And the need to provide a working environment that encourages creativity and excellence, the researcher recommended further studies on the subject as there is scarcity in such studies in the local environment of the Kingdom of Saudi Arabia.


Author(s):  
Rozila Ahmad ◽  
Roshita Abdul Razak

Human capital investment is important for service firms that provide personalised services, for example, luxury hotels. Hotels in Langkawi claim that they conduct continuous training. The extent of the training is just sufficient to fulfil the Ministry of Human Resources training requirements. Rarely do businesses spend above the minimum requirement. This is especially true in the hotel industry, an industry that many perceive as a stepping stone in building their careers. This makes it significant to conduct and in-depth interview with the master minds of The Datai Investing in People (DIP) training programme. The purpose of the interviews is to investigate how human capital investment is carried out in the hotel industry. Furthermore, the fact that covid-19 spreads around the world only a year after the “new” Datai reopens makes it seems riskier as it is very doubtful that the hotel will get the expected returns from its investment. The findings of this study may enhance understanding of human capital investment in the hotel industry as it provides in-depth explanation of how The Datai invests in its human capital. The finding will also bridge the gap between theory and practice as it enhances understanding of why many hotels choose to limit their human capital investment. The Datai’s sacrifice makes it clear why it has remained as the employer of choice


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