scholarly journals Impact of human resource accounting on organizations’ financial performance in the context of SMEs

Accounting ◽  
2021 ◽  
pp. 621-628
Author(s):  
Sania Khan
Keyword(s):  
Human Capital ◽  
Human Resource ◽  
Decision Makers ◽  
Managerial Decision ◽  
Return On Assets ◽  
Return On Equity ◽  
Human Resource Accounting ◽  
Capital Efficiency ◽  
Resource Accounting ◽  
The Impact

This study aims to investigate the impact of human resource accounting (HRA) on the overall performance of the organization. By presenting the details of HRA the study identifies various dimensions of organizations’ financial aspects viz., human capital efficiency, organization profitability, return on asset, and return on equity. To understand the impact of various measurements, the study collected required data from 268 responses of human resource and finance departments of SME firms and analyzed the data using linear regression and the result of ANOVA and coefficient values illustrated there is a positive significant effect of HRA on human capital efficiency, organization profitability and return on equity. This is evident that the SME firms in Saudi Arabia are aware of the benefits on HRA of the organization and the only concern is it needs rapid implementation initiatives from the management which is possible with wide awareness across the nation. However, there is no significant effect of HRA on return on assets. This study contributes to the SME firms, human resource departments, and managerial decision-makers to understand the HRA concept and its usefulness to a make positive difference in their financial statements.

scholarly journals Human Resource Accounting and Shareholders Wealth Maximization: Empirical Study of Nigeria Quoted Manufacturing Firms

2018 ◽  
Vol 2 (1) ◽  
pp. 38-47
Author(s):  
Davies, Stanley Diepiriye
Keyword(s):  
Human Capital ◽  
Human Resource ◽  
Return On Investment ◽  
Explanatory Power ◽  
Manufacturing Firms ◽  
Series Data ◽  
Wealth Maximization ◽  
Independent Variables ◽  
Human Resource Accounting ◽  
Resource Accounting

This study empirically investigated the relationship between human resource accounting and shareholders wealth maximization of selected quoted manufacturing firms in Nigeria from 2000-2016.  Time series data was generated from the Annual Reports of the quoted firms. Twenty manufacturing firms were selected from the population of quoted manufacturing firms.  Two multiple regression models were specified and estimated with the aid of Software package for social services (SPSS). Return on investment was modeled as the function of capital and revenue expenditure components of human resource accounting. The generated collinearity diagnostics result shows that the Eigen values that correspond to the highest condition index and variable constant are consistent with the rule of thumb. The Durbin Watson test shows absence of auto-correlation. From the expenditure component, we found correlation coefficient of 71.3%, R2 and the Adjusted R2 shows that 50.8% and 36.0%. The explanatory power of the predictor variables shows that all the independent variables have positive but insignificant relationship with return on investment of the manufacturing firms except cost of human resource acquisition. The revenue expenditure proved   R2 and the adjusted R2 of 61.0% and 49.3% explained variation on return on investment. The coefficient of the independent variables proved that salaries, wages and bonus have positive relationship with return on investment of the selected manufacturing firms while commission and allowances have positive effect on return on investment. It concludes that human resource accounting has significant relationship with shareholders wealth maximization of the selected manufacturing firms. We recommend that all human capital expenditure should properly be accounted for and the need to investment on human capital of the firms.

A Human Resource Accounting: A Way to Succeed in Knowledge-Driven Economy

2005 ◽  
Vol 30 (4) ◽  
pp. 381-392
Author(s):  
Aruna Dhade
Keyword(s):  
Human Capital ◽  
Human Resource ◽  
Intangible Assets ◽  
Intangible Asset ◽  
Accounting System ◽  
Human Resource Accounting ◽  
Tangible Assets ◽  
Measurement Tools ◽  
Survival And Growth ◽  
Resource Accounting

In today's knowledge driven economy, mere procurement and management of tangible assets is not the end for survival and growth of an organization. Historically, companies had focused primarily on measuring and managing the tangible assets. There are other assets, which are often overlooked – Intangible Assets. Organizations lead towards success because of inherent intangible assets. The problems start when managers try to measure the intangible wealth with traditional measurement tools available to them. The focus of this paper is to highlight the importance of managing and measuring intangible asset – human capital, which is overlooked in traditional accounting system.

scholarly journals PENGARUH HUMAN CAPITAL, STRUCTURE CAPITAL, DAN PHYSICAL CAPITAL TERHADAP KINERJA PERUSAHAAN PERBANKAN DI INDONESIA

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Agustinus Jeneo
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Negative Impact ◽  
Stock Exchange ◽  
Value Added ◽  
Physical Capital ◽  
Return On Equity ◽  
Result Show ◽  
Capital Efficiency ◽  
The Impact

The objective of this study are to analyze the impact of intellectual capital (HumanCapital, Structure Capital and Physical Capital) on company’s financial performance Return on Assets (ROA) dan Return On Equity (ROE). This research used banking company data that listed in Indonesia Stock Exchange (IDX) 2011-2012. The model that used to measure intellectual capital was Pulic model agregatly-using Value Added Intellectual Coefficient (VAIC™) or separately-using Human Capital Efficiency (HCE), Structure Capital Efficiency (SCE), and Physical Capital/ Capital Employed Efficiency (CEE). The result show: (1) Human Capital Efficiency (HCE) not significant  impact on ROA, (2) Human Capital Efficiency (HCE) not significant impact on ROE, (3) Structure Capital Efficiency (SCE) not significant impact on ROA, (4) Structure Capital Efficiency (SCE) negative impact on ROE (5) Physical Capital/Capital Employed Efficiency (CEE) has a positive significant impact on ROA, (6) Physical Capital/Capital Employed Efficiency (CEE) has a positive significant impact on ROE

scholarly journals THE INFLUENCE OF INTELLECTUAL CAPITAL ON RETURN ON ASSETS AND RETURN ON EQUITY SHARIA RURAL BANK 2015 – 2017 PERIOD

2019 ◽  
Vol 5 (2) ◽  
pp. 124
Author(s):  
Qori Naufallita ◽  
Achsania Hendratmi
Keyword(s):  
Human Capital ◽  
Sampling Technique ◽  
Significant Positive Effect ◽  
Return On Assets ◽  
Return On Equity ◽  
Purposive Sampling ◽  
Structural Capital ◽  
Analysis Technique ◽  
Capital Efficiency ◽  
Positive Effect

ABSTRACT Purpose of this study is to determine the effect of Human Capital Efficiency, Capital Employed Efficiency, and Structural Capital Efficiency on Return On Assets and Return On Equity of Islamic Rural Banks period 2015-2017. This study uses a quantitative approach. Sampling technique is purposive sampling and there were 24 Islamic Rural Banks in Indonesia as subject of research. Analysis technique used is Panel Data Analysis.The results of this study indicate that CEE has a significant positive effect on ROA. Whereas HCE and SCE have no effect on ROA. Simultaneously HCE, CEE and SCE have a significant positive effect on ROA. In addition, the results of this study indicate that HCE and CEE have a significant positive effect on ROE, both partially and simultaneously.ABSTRAKPenelitian ini bertujuan untuk mengetahui pengaruh Human Capital Efficiency (HCE), Capital Employed Efficiency (CEE) dan Structural Capital Efficiency (SCE) pada Return On Assets dan Return On Equity Bank Pembiayaan Rakyat Syariah periode 2015-2017. Penelitian ini menggunakan pendekatan kuantitatif. Pengambilan sampel menggunakan purposive sampling dan terdapat 24 BPRS yang menjadi subyek penelitian. Teknik analisis menggunakan analisis Regresi Data Panel.Hasil penelitian menunjukkan CEE berpengaruh signifikan positif terhadap ROA. Sedangkan HCE dan SCE tidak berpengaruh terhadap ROA  Secara simultan HCE, CEE dan SCE berpengaruh signifikan positif terhadap ROA. Selain itu, hasil penelitian ini menunjukkan bahwa HCE dan CEE berpengaruh signifikan positif terhadap ROE, baik itu secara parsial maupun simultan. 

scholarly journals PENGARUH PENGUNGKAPAN AKUNTANSI SUMBER DAYA MANUSIA DALAM LAPORAN KEUANGAN TERHADAP KINERJA KEUANGAN PERUSAHAAN (Studi Kasus Pada PG. Modjopanggoong Tulungagung)

2020 ◽  
Vol 3 (1) ◽  
pp. 11-17
Author(s):  
Siti Isnaniati
Keyword(s):  
Financial Performance ◽  
Human Resource ◽  
Financial Statements ◽  
Cost Accounting ◽  
Return On Equity ◽  
Accounting Disclosures ◽  
Human Resource Accounting ◽  
Resource Cost ◽  
Resource Accounting ◽  
Turn Over

The influence of human resource accounting disclosures in the financial statements of company’s financial performance (case study at the Modjopanggoong Tulungagung Sugar Factory) aims to determine the effect of human resource accounting disclosures in the financial statements of the financial performance of the company. The data analysis technique quantitative and analysis tool used are (HRCA) Human Resource Cost Accounting, (ROA) Return On Asset, (ROE) Return On Equity, (ATO) Asset Turn Over. The results showed by implementing human resources accounting will affect the financial statements with the increase in total assets, total equityand total profit and decrease in losses. There is an increase in the percentage of RO and ROE, but there is a decrease for ATO. Pengaruh Pengungkapan Akuntansi Sumber Daya Manusia Dalam Laporan Keuangan Terhadap Kinerja Keuangan Perusahaan (Studi Kasus pada                PG. Modjopanggoong Tulungagung) bertujuan untuk mengetahui pengaruh pengungkapan akuntansi sumber daya manusia dalam laporan keuangan terhadap kinerja keuangan perusahaan. Tehnik analisis data yang digunakan adalah deskriptif kuantitatif dan alat analisis yang digunakan adalah analisis HRCA (Human Resource Cost Accounting), ROA (Return On Asset),ROE (Return On Equity), dan ATO (Asset Turn Over). Hasil penelitian menunjukkan dengan melakukan penerapan akuntansi sumber daya manusia maka akan berpengaruh pada laporan keuangan dengan meningkatnya total aset, total ekuitas dan jumlah laba serta penurunan rugi. Terdapat kenaikan prosentase ROA dan ROE, tetapi terjadi penurunan untuk ATO.  

scholarly journals Impact of Human Resource Accounting Practices on Decision Making in the Organization – Evidence from a Private Company in Kurdistan Region of Iraq

2019 ◽  
Vol 8 (9S3) ◽  
pp. 1251-1254
Keyword(s):  
Decision Making ◽  
Sample Size ◽  
Human Resource ◽  
Significant Relationship ◽  
Null Hypothesis ◽  
Alternative Hypothesis ◽  
Private Company ◽  
Human Resource Accounting ◽  
Resource Accounting ◽  
The Impact

The current study aimed at understanding the impact of Human Resource Accounting practices on decision making in an organization. The research was conducted on a private company in Kurdistan. Researchers constructed a model where predictor variable is Human Resource Accounting Practices and Predicted variable is Decision making. The Research has null hypothesis and alternative hypothesis where the null hypothesis was“There is no significant relationship between Human Resource Accounting Practices and Decision Making”. The alternative hypothesis was “There is significant relationship between Human Resource Accounting Practices and Decision Making”. The sample size for the current research was 107 where researcher distributed 120 questionnaires where 13 questionnaires were not filled properly. Researchers used quantitative method to analyze the results of the current research. The questionnaire consists of 20 questions which were organized randomly to avoid bias based responses from the respondents. Researchers concluded that HRA hasa strong positive effect on decision making where alternative hypothesis was accepted and null hypothesis got rejected. The sample size was low as the researcher conducted pilot study on this area and may get different results by increasing the sample size and demographics. The present research helps the organization to understand the importance of Human Resource Accounting and the effect of HRA on decision making

scholarly journals Influence of Human Resource Accounting Practices on Managerial Decision-Making

2020 ◽  
Vol 8 (5) ◽  
pp. 8-18
Author(s):  
James O. Abiola ◽  
Rilwan Ayinde Adisa
Keyword(s):  
Decision Making ◽  
Human Resource ◽  
Financial Reporting ◽  
Internal Control ◽  
Financial Services ◽  
Analysis Model ◽  
Managerial Decision ◽  
Managerial Decision Making ◽  
Human Resource Accounting ◽  
Resource Accounting

The study examined the influence of Human Resource Accounting (HRA) practices on managerial decision-making. Data for the study were gathered via a structured questionnaire on a 5-Points Likert Scale administered on personnel of Accounting, and Audit/Internal Control departments which were considered to be the relevant departments for this study in 16 quoted firms in the Nigerian financial services sector. The questionnaires distributed were returned and analyzed using a simple regression analysis model. The study found that HRA has a significant impact on managerial decision-making of organizations. It was therefore recommended that organizations should be more proactive in the use of HRA to enhance decision-making. Necessary and relevant standards should also be provided on the need for recognizing human resource cost in organizations’ statement of financial position in order to enhance adequate decision-making in business organizations premised on fair financial reporting.

scholarly journals Efektywność kapitału intelektualnego a wyniki spółek społecznie odpowiedzialnych indeksu WIG-Energia

2021 ◽  
pp. 15-32
Author(s):  
Grażyna Michalczuk ◽  
◽  
Urszula Konarzewska ◽  
Izabela Rutkowska ◽  
◽  
...  
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Market Valuation ◽  
Energy Index ◽  
Socially Responsible ◽  
Return On Equity ◽  
Book Value ◽  
Starting Point ◽  
Capital Efficiency ◽  
The Impact

Purpose – The aim of the research is to identify the impact of efficiency of intellectual capital and its components on the performance of socially responsible companies included in the WIG-Energy index. Research method – Various methods of research were used in this paper, such as the method of desk research consisting of an analysis of data contained in the annual reports of socially responsible companies included in the WIG-Energy index, the VAIC™ method which has been used to measure the intellectual capital, as well as Pearson correlation coefficients and the linear regression analysis, which were the basis for the study of the impact of intellectual capital efficiency on selected measures describing the performance of analysed companies. Results – The conducted studies showed the impact of intellectual capital efficiency on the return on equity (ROE) and the current market valuation of the book value measured by the P/BV ratio (price/book value). However, they did not show a significant impact on return on assets (ROA). In addition, the studies have pointed at the diversified impact of intellectual capital components on the measures describing the performance of socially responsible companies included in the WIG-Energy index. The return on equity (ROE) is significantly influenced by the efficiency of structural and human capital. In turn, the current market valuation of the book value (P/BV) is significantly influenced by the efficiency of human capital. Originality /value / implications /recommendations – The article intends to fill the gap in the field of intellectual capital in the context of its impact on the performance of energy sector companies. This aspect is still underrepresented in research. However, this is currently a significant issue because, for such types of companies that base their activities on specialist knowledge and modern technologies, the intellectual capital becomes a key factor for success. This paper provides a starting point for further research. Therefore, the focus is solely on companies from the WIG-Energy index simultaneously belonging to the WIG-ESG index, which covers companies that meet the highest standards in the field of corporate social responsibility.

Sign in / Sign up

Export Citation Format

Share Document