scholarly journals Human Capital Investment and Its Impact on Firm’s Performance: A Study on Private Commercial Banks in Bangladesh

2020 ◽  
pp. 66-74 ◽  
Keyword(s):  
Human Capital ◽  
Human Resource Development ◽  
Commercial Banks ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Value Added ◽  
Human Capital Development ◽  
Training Cost ◽  
Capital Development ◽  
The Impact

Human capital is important possessions used to achieve a firm’s competitiveness and it is through investment (the commitment of a firm’s fund in human resource development with the hope of generating returns), we can expand it. This study embodies the investment scenario in human capital development made by different private commercial banks of Bangladesh and the impact of the investment on firm’s performance. The researchers have used different HR metrics (Human Capital ROI, Net Profit after Tax per Employee, HR Expense Factor, Organizational Training Cost per Employee, Human Capital Value Added) to measure the impact of human capital investment on a firm’s performance. Finally, the study reveals that investment in human capital development significantly increases a firm’s performance.

Human Capital Investment as a Catalyst for Sustainable Economic Development in Nigeria

2019 ◽  
Vol 5 (5) ◽  
pp. 13-22 ◽  
Author(s):  
Amadi Kelvin Chijioke ◽  
Alolote Ibim Amadi
Keyword(s):  
Human Capital ◽  
Gross Domestic Product ◽  
Capital Investment ◽  
Government Expenditure ◽  
Human Capital Investment ◽  
Nation Building ◽  
Human Capital Development ◽  
Real Gross Domestic Product ◽  
Capital Development ◽  
Budgetary Allocation

Human capital development presupposes investments, activities, and processes facilitating the generation of technical and expert knowledge; skills, health or values that are embodied in people. It implies maintaining an appropriate balance and key massive human resource base and providing an encouraging environment for all individuals to be fully engaged and contribute to organizational or national goals. Human capital development is necessary in order for National development to occur. In addition, human capital development teaches people how to utilize the advantages of diverse thinking styles (analytical and intuitive) so that they achieve the best holistic practical solutions. Human capital development and training are basically the same. This paper aims to examine the meaning of human capital development in relation to nation-building. The authors also took a cursory look at the concept of business education and its roles for sustainable development for nation-building. The study examined human capital investment as a catalyst for sustainable economic environment in Nigeria. The broad objective of the study is to analyze the effect of human capital investment on the Nigerian economy from 1986 to2017. The data used for the study were sourced from the central bank statistical bulletin and national bureau of Statistics. Ordinary Least Squares (OLS) techniques were used to analyze the data. The findings of the study reveal that there is a positive relationship between government expenditure on health and real gross domestic product. The adjusted coefficient of determination (R2) shows that 97.3% of variations in the real gross domestic product is being accounted for by government expenditure on education, government expenditure on health and gross capital formation while the remaining 2.7% is accounted for by variables not included in the model. The study suggests that Nigerian policymakers should pay more attention to the health sector and increase its yearly budgetary allocation to it. Nevertheless, the key to achieving best results lies not in ordinarily increasing particular budgetary allocation but rather in implementing a public expenditure and revenue and ensuring the usage of the allocated fund as transparently as possible.

Environmental Accounting and Value Relevance of Accounting Information: Time Series Evidence from Nigeria Commercial Banks

2018 ◽  
Vol 2 (1) ◽  
pp. 51-67
Author(s):  
F. N. Akani ◽  
Alasin Captain Briggs
Keyword(s):  
Human Capital ◽  
Human Resource Development ◽  
Commercial Banks ◽  
Value Relevance ◽  
Accounting Information ◽  
Environmental Accounting ◽  
Series Data ◽  
Regression Result ◽  
Human Capital Development ◽  
Capital Development

This paper examined the relationship between environmental accounting and value relevance of accounting information of commercial banks in Nigeria.Time series data of the variables used in the research was collected from financial statement of the commercial banks.  The study had equity prices and earnings per share as the function of cost of donations, cost of wages and salaries, cost of environmental expenditure and cost of human resource development. The Ordinary Least Square (OLS) method of data analysis with multiple regressions was used in the study.  In determining the long-run relationship, stationary and causal relationship that exists among the variables, cointegration, Augmented Fuller Unit Root and Pair wise Causality was used.  The static regression result found that the independents variables have positive relationship with the dependent variables excerpt cost of human capital development. The cointegration test revealed at least two cointegrating equation, the stationarity test revealed that the variables are stationary at level while the granger causality test proved no directional relationship. The study conclude that environmental accounting have significant relationship with value relevance of accounting information in Nigeria commercial banks. We recommend that all environmental cost should properly be reported and accountants should ensure well accountability of human capital development.

scholarly journals Exploring the Human Capital Development Dimensions of Chinese Investments in Africa: Opportunities, Implications and Directions for Further Research

2018 ◽  
Vol 54 (2) ◽  
pp. 189-210 ◽  
Author(s):  
Motolani Agbebi
Keyword(s):  
Human Capital ◽  
Three Dimensions ◽  
Human Capital Development ◽  
Study Approach ◽  
Working Hypothesis ◽  
Research Areas ◽  
Economic Engagement ◽  
Capital Development ◽  
The Impact

This article uses a case-study approach to discuss the effects of Chinese economic engagement on three dimensions of human capital development: local employment, training and skill building, and knowledge and technology transfer. The study findings suggests that Chinese economic engagement can and does contribute to human capital development in Africa; however, this is dependent on certain sectoral factors and contextual conditions. This study advances a working hypothesis that the human capital development impact of Chinese economic engagement will vary across countries and sectors of the African economy. This working hypothesis seeks to guide further research towards developing a theoretical framework for the study of Chinese economic engagement in Africa and its effects on human capital development. The article also identifies research areas that should be further explored in order to gain a deeper understanding of the impact of Chinese economic engagement in Africa.

scholarly journals Econometric models for estimating current and forecast values of the level of human capital development in the Russian economy

2020 ◽  
Vol 26 (1) ◽  
pp. 52-67
Author(s):  
Nina Baranova ◽  
Sergey Larin ◽  
Evgeny Khrustalyov
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Negative Impact ◽  
Import Substitution ◽  
Econometric Models ◽  
Practical Significance ◽  
Human Capital Development ◽  
Russian Economy ◽  
Capital Development ◽  
The Impact

Studies of factors of sustainable economic development in modern conditions are highly relevant for Russia due to the constant increase and tightening of sanctions restrictions. They have a negative impact on the introduction of innovative developments and economic growth, and reduce the competitiveness of Russian enterprises and their products on world markets. Human capital can become one of the key factors for countering sanctions restrictions, improving the efficiency of economic development and gaining additional competitive advantages for domestic enterprises and the economy as a whole. Assessing the impact of human capital on the sustainable development of the economy is difficult, since it is one of the specific forms of capital. When making appropriate measurements, economic scientists rely on a number of developed theoretical methods and practical tools that support them, which allow us to obtain fairly accurate values of the human capital development index (HDI) based on statistical data. First of all, this is the current UN methodology for calculating the HDI indicator, as well as modern software systems OriginPro-8.6 and Eviews-10.0, which have sufficiently advanced functionality for performing calculations. Russia today has all the necessary prerequisites and opportunities for progressive social and economic development. However, the formation of econometric models will help to timely determine the current and forecast values of the level of human capital development for individual enterprises, industries, and the country’s economy as a whole. This paper shows the practical application of the econometric tools of all the above approaches to obtain the calculated values of the HDI indicator for different time periods and different scenarios for the development of the Russian economy. The results obtained confirmed the high practical significance of the tools used and the acceptable accuracy of the calculations. However, the current and forecast values of the level of human capital development alone will not be able to ensure the effective development of the Russian economy. On the contrary, the effective use of human capital in the implementation of import substitution strategies and national projects will allow our country to become one of the world’s leading economic development countries.

scholarly journals Long-term Development of National Human Capital. Evidence from China and Poland

2020 ◽  
Vol 12 (3) ◽  
pp. 30-66
Author(s):  
Łukasz Bryl
Keyword(s):  
Human Capital ◽  
Research Collaboration ◽  
Tertiary Education ◽  
Value Added ◽  
Human Capital Development ◽  
Policy Makers ◽  
Industry Research ◽  
National Human ◽  
Capital Development

AbstractObjective: The aim of this paper is to present the long-term development of the chosen human capital indices that uncovers and compares the outcome of the national efforts performed by the two culturally distant countries (China and Poland) over the decade. Additionally, paper indicates the areas of further HC progress in both nations.Methodology: The study was based on measuring human capital with the help of deliberately chosen set of macroeconomic indices (28 items) referring to the nations’ capability to create innovations. Analysis was performed for the 2007–2017 years.Findings: Positive phenomena in the case of human capital development outperform the negative ones in both countries, however, the extent is more remarkable in the case of China. China managed to: improve greatly the pupil-teacher ratio (both in primary and secondary schools), increase secondary and tertiary education enrolment rate along with the rise of the no. of students from abroad. In Poland, the greatest increase was observed in the case of the number of researchers what consequently contributed to the improvement of number of scientific and technical articles and citable documents (h-index).Value Added: To the best Author’s knowledge this is the first paper that compares national human capital development in Poland and China with a set of indices focused on capability to create innovations and adopts longitudinal approach.Recommendations: Policy-makers in the case of Poland should concentrate on: fostering university/industry research collaboration, improving rank in worldwide QS classification and performing more efforts to attract and retain talents. Moreover, the negative trends should be reversed with regard to: PISA scores and general quality of education system. In turn, Chinese authorities should facilitate better PISA scores and increase the presence of scientific and technical articles.

The impact of FDI on human capital development in SACU countries

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Winfried Henok ◽  
Teresia Kaulihowa
Keyword(s):  
Human Capital ◽  
Secondary Level ◽  
Policy Implications ◽  
Supporting Evidence ◽  
Human Capital Development ◽  
Member States ◽  
Content Type ◽  
Level Of Education ◽  
Capital Development ◽  
The Impact

PurposeThis paper aims to examine how FDI trickle down to human capital development in SACU member states.Design/methodology/approachA longitudinal research design and feasible general least squares was used over the periods 1990 and 2018.FindingsThere is supporting evidence that FDI enhances human capital when primary school enrolment rate is used. However, the reverse holds for the secondary level of education. It can be argued that although FDI exhibits a positive effect on primary education, optimal spillovers to human capital development has not been realized. An indication that certain level of human capital may be required to ensure the optimal benefit of FDI or the types of current FDI does not enhance FDI-led-human capital hypothesis.Practical implicationsThe negative effect of FDI toward secondary level of education could be an indication of a weak absorptive capacity. SACU's current dominance of FDI activities toward extractive industries could limit potential benefit of FDI due to capacity constraints. Practical policy implications indicate that SACU member states need to ensure that it attracts FDI toward smart investment that enhances human capital development.Social implicationsThere is need to a gear FDI firms toward corporate social responsibilities that will stimulate secondary education.Originality/valueThe novelty of this paper is twofold. First, it focuses on SACU countries where majority of the people are trapped with poverty and inequality issues. Second, SACU member states have used greenfield FDI as a policy instrument to enhance human capital. However, human capital link remains weak. This creates a need to search for smart FDIs that are committed toward community transformation through human capital development.

Innovation and Investment in the Roman Rural Economy Through the Lens of Marzuolo (Tuscany, Italy)*

2020 ◽  
Vol 248 (1) ◽  
pp. 3-40
Author(s):  
Astrid Van Oyen
Keyword(s):  
Human Capital ◽  
Economic History ◽  
Rural Economy ◽  
Capital Investment ◽  
Trial And Error ◽  
Human Capital Development ◽  
Roman Economy ◽  
Roman World ◽  
Capital Development ◽  
Investment Behaviour

Abstract: The presence, uptake and economic impact of innovations in the Roman world have been much debated. Not subject to debate, however, is the agency behind innovation, which is assumed to be the large, elite landowner. Evidence of experimentation at the rural terra sigillata production site of Marzuolo (Tuscany, Italy) does not fit dominant models of external investment in the Roman world and challenges the directionality of innovation. Instead, this article makes the case that experimentation at Marzuolo was driven by intensification on the part of local smallholders, but was curbed by a lack of capital investment. A later, scaled-up terra sigillata production phase at the same site, linked to infrastructural investments, shows predatory investment behaviour by a landowner who appropriated a tried and tested facility. Recasting innovation as an open-ended process of trial and error that is centred on human capital development, labour and relations of production, changes the terms of study of the Roman economy and aligns it with broader conversations in economic history.

Sign in / Sign up

Export Citation Format

Share Document