Research Article
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Year 2017, , 138 - 144, 30.06.2017
https://doi.org/10.17261/Pressacademia.2017.443

Abstract

References

  • Acedo, F. J., Barroso, C., & Galan, J. L. (2006). The resource-based theory: Dissemination and main trends. Strategic Management Journal , 27, 215-239.
  • Arnold, D. J., & Quelch, J. A. (1998). New strategies in Emerging Economies. Sloan Management Review , 40 (1), 7-20.
  • Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management , 17, 99-120.
  • Barney, J. (2001). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management , 643-650.
  • Barney, J., & Arikan, A. (2001). Resource-based view: Origins and implications. (M. Hitt, R. Freeman, & J. Harrison, Eds.) Malden, MA, USA: Blackwell.
  • Becker, B., Huselid, M., & Ulrich, D. (2001). The HR Scorecard: Linking People, Strategy & Performance. Boston, MA, USA: Harvard Business School.
  • Brummet, L., Falmholtz, E., & Pyle, W. (1969). Human Resource Accounting: Development & Implementation in Industry. Ann Arbor: Foundation for Research on Human Behavior.
  • Coff, R. W. (1997). Human Assets and Management Dilemmas Coping with Hazards on the Road to Resource-based Theory. Academy of Management Review , 374-402.
  • Edvinsson, L., & Malone, M. (1997). Intellectual Capital: Realizing Your Company's True Value by Finding its Hidden Brain Power. New York, NY: Harper Collins.
  • Gong, Y., Law, K. S., Chang, S., & Xin, K. R. (2009). Human resources management and firm performance: The differential role of managerial, affective and continuance committment. Journal of Applied Psychology , 94, 263-275.
  • Grant, R. M. (1996). Prospering in dynamically competitive environments: Organizational capability as knowledge integration. Organizational Science , 375-387.
  • Grant, R. M. (1991). The resource-based theory of competitive advantage: Implications for strategy formulation. California Management Review , 33, 114-136.
  • Huselid, M. A. (1995). The Impact of Human Resource Management Practices on Turnover, Productivity & Corporate Financial Performance. Academy of Management Journal , 635-672.
  • Israel, G. D. (1992, November). Determining Sample Size. Fact Sheet PEOD-6, a series of the Program Evaluation and Organizational Development , 1-5.
  • Kaplan, R. S., & Norton, D. P. (1996). The Balanced Scorecard. Harvard Business School Press.
  • Kashive, N. (2013). Importance of human resource accounting practices and implications of measuring value of Human Capital: Case Study of successful PSUs in India. Journal of Case Research , 113-144.
  • Kaur, S., Venkat Raman, A., & Singhania, M. (2014). Human Resource Accounting Disclosure Practices in Indian Companies. Vision , 217-235.
  • Kogut, B., & Zander, U. (1992). Knowledge of the firm, combinative, capabilities and the replication of technology. Organization Science , 3, 383-397.
  • Likert, R. (1967). The Human Organization: Its Management and Value. New York: McGraw - Hill Book Company.
  • Morrow, S. (1996). Football Players as Human Assets: Measurement as a critical factor in Asset Recognition: A Case Study Investigation. Journal of Human Resource Costing & Accounting , 1 (1), 75-97.
  • Narayanankutty, M. (2012). The role of human resource accounting in human resource management. Retrieved October 19, 2015, from Scribd: http://www.scribd.com/doc/59606063/Oh-20
  • O'Regan, P., O'Donell, D., Kennedy, T., Bontis, N., & Cleary, P. (2001). Perceptions of Intellectual Capital: Irish Evidence. Journal of Human Resource Costing & Accounting , 6 (2), 29-38.
  • Patra, R., & Khatik, S. K. (2003). Human resource accounting policies and practices: A case study of Bharat Heavy Electronics Limited, Bhopal, India. International Journal of Human Resource Development and Management , 3 (4), 285-295.
  • Penrose, E. (1959). The theory of the growth of the firm. White Plains, NY: Sharpe.
  • Sandervang, A. (2000). From learning to practical use & visible returns: A Case in Competence Development from a Norwegian Firm. Journal of Human Resource Costing & Accounting , 1 (2), 82-100.
  • Sonara, C. K. (2009). Valuation and reporting practices of Human Resource Accounting in India. Journal of Indian Management and Strategy , 14 (3), 47-52.
  • Subbarao, A. V., & Zehgal, D. (1997). Human Resources Information & Disclosure in Annual Reports: An INternational Comparison. Journal of Human Resource Costing & Accounting , 2 (2), 53-73.
  • Sveiby, K. B. (1997). The Intangibles Asset Monitor. Journal of Human Resource Costing & Accounting , 2 (1), 73-97.
  • Sveiby, K. E. (1997). The New Organizational Wealth: Managing and Measuring Knowledge based Assets. San Francisco, CA, United States of America: Berrett Koehler.
  • Takeuchi, R., Lepak, D. P., Wang, H., & Takeuchi, K. (2007). An empirical examination of the mechanisms mediating between high-performance work systems and the performance of Japanese organizations. Journal of Applied Pyschology , 1069-1083.
  • Tatiana, A., & Tatiana, G. (2000). Do all elements of intellectual capital matter for organizational performance? Evidence from Russian context. Journal of Intellectual Capital , 397-412.
  • Telia, A. B. (1996). The Statement of Human Resources. Journal of Human Resource Costing & Accounting , 1 (1), 99-116.
  • Vuontisjarvi, T. (2006). Corporate Social Reporting in the European Context and Human Resource Disclosures: An Analysis of Finnish Companies. Journal of Business Ethics , 331-352.

INFLUENCING THE PRACTICE OF HUMAN RESOURCE ACCOUNTING: SKILLS AND STRATEGIES

Year 2017, , 138 - 144, 30.06.2017
https://doi.org/10.17261/Pressacademia.2017.443

Abstract

Purpose- The purpose of the study is to provide empirical insights into
the relationship between the prevalence of human resource accounting with skill
inventory existent in an organization. Valuing human resources is argued to be
one of the key elements of strategic human resource management. This argument
has been widely advocated by empirical research, especially by studies executed
in developed countries.

Methodology- The purpose of the study is to provide empirical
insights into the relationship between the prevalence of human resource
accounting (HRA) with skill inventory in the particular context of Indian
manufacturing sector. The sample comprises of ninety-six India manufacturing
units (Israel 1992). The data is collected by survey-study using established
and validated scales in the international context. The author has used a
two-step data analysis - factor and regression analysis - to answer research
questions.

Findings- The findings demonstrate significant positive
relationship between HRA as independent variable and endogenous variables:
Business, Technical and Strategic Human Resource Management Skills.







Conclusion- The study implicates need for enhanced skill-inventory
and human resource investments. The study contributes to further development of
HRA in developing countries, especially in institutional and cultural contexts
of India.

References

  • Acedo, F. J., Barroso, C., & Galan, J. L. (2006). The resource-based theory: Dissemination and main trends. Strategic Management Journal , 27, 215-239.
  • Arnold, D. J., & Quelch, J. A. (1998). New strategies in Emerging Economies. Sloan Management Review , 40 (1), 7-20.
  • Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management , 17, 99-120.
  • Barney, J. (2001). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management , 643-650.
  • Barney, J., & Arikan, A. (2001). Resource-based view: Origins and implications. (M. Hitt, R. Freeman, & J. Harrison, Eds.) Malden, MA, USA: Blackwell.
  • Becker, B., Huselid, M., & Ulrich, D. (2001). The HR Scorecard: Linking People, Strategy & Performance. Boston, MA, USA: Harvard Business School.
  • Brummet, L., Falmholtz, E., & Pyle, W. (1969). Human Resource Accounting: Development & Implementation in Industry. Ann Arbor: Foundation for Research on Human Behavior.
  • Coff, R. W. (1997). Human Assets and Management Dilemmas Coping with Hazards on the Road to Resource-based Theory. Academy of Management Review , 374-402.
  • Edvinsson, L., & Malone, M. (1997). Intellectual Capital: Realizing Your Company's True Value by Finding its Hidden Brain Power. New York, NY: Harper Collins.
  • Gong, Y., Law, K. S., Chang, S., & Xin, K. R. (2009). Human resources management and firm performance: The differential role of managerial, affective and continuance committment. Journal of Applied Psychology , 94, 263-275.
  • Grant, R. M. (1996). Prospering in dynamically competitive environments: Organizational capability as knowledge integration. Organizational Science , 375-387.
  • Grant, R. M. (1991). The resource-based theory of competitive advantage: Implications for strategy formulation. California Management Review , 33, 114-136.
  • Huselid, M. A. (1995). The Impact of Human Resource Management Practices on Turnover, Productivity & Corporate Financial Performance. Academy of Management Journal , 635-672.
  • Israel, G. D. (1992, November). Determining Sample Size. Fact Sheet PEOD-6, a series of the Program Evaluation and Organizational Development , 1-5.
  • Kaplan, R. S., & Norton, D. P. (1996). The Balanced Scorecard. Harvard Business School Press.
  • Kashive, N. (2013). Importance of human resource accounting practices and implications of measuring value of Human Capital: Case Study of successful PSUs in India. Journal of Case Research , 113-144.
  • Kaur, S., Venkat Raman, A., & Singhania, M. (2014). Human Resource Accounting Disclosure Practices in Indian Companies. Vision , 217-235.
  • Kogut, B., & Zander, U. (1992). Knowledge of the firm, combinative, capabilities and the replication of technology. Organization Science , 3, 383-397.
  • Likert, R. (1967). The Human Organization: Its Management and Value. New York: McGraw - Hill Book Company.
  • Morrow, S. (1996). Football Players as Human Assets: Measurement as a critical factor in Asset Recognition: A Case Study Investigation. Journal of Human Resource Costing & Accounting , 1 (1), 75-97.
  • Narayanankutty, M. (2012). The role of human resource accounting in human resource management. Retrieved October 19, 2015, from Scribd: http://www.scribd.com/doc/59606063/Oh-20
  • O'Regan, P., O'Donell, D., Kennedy, T., Bontis, N., & Cleary, P. (2001). Perceptions of Intellectual Capital: Irish Evidence. Journal of Human Resource Costing & Accounting , 6 (2), 29-38.
  • Patra, R., & Khatik, S. K. (2003). Human resource accounting policies and practices: A case study of Bharat Heavy Electronics Limited, Bhopal, India. International Journal of Human Resource Development and Management , 3 (4), 285-295.
  • Penrose, E. (1959). The theory of the growth of the firm. White Plains, NY: Sharpe.
  • Sandervang, A. (2000). From learning to practical use & visible returns: A Case in Competence Development from a Norwegian Firm. Journal of Human Resource Costing & Accounting , 1 (2), 82-100.
  • Sonara, C. K. (2009). Valuation and reporting practices of Human Resource Accounting in India. Journal of Indian Management and Strategy , 14 (3), 47-52.
  • Subbarao, A. V., & Zehgal, D. (1997). Human Resources Information & Disclosure in Annual Reports: An INternational Comparison. Journal of Human Resource Costing & Accounting , 2 (2), 53-73.
  • Sveiby, K. B. (1997). The Intangibles Asset Monitor. Journal of Human Resource Costing & Accounting , 2 (1), 73-97.
  • Sveiby, K. E. (1997). The New Organizational Wealth: Managing and Measuring Knowledge based Assets. San Francisco, CA, United States of America: Berrett Koehler.
  • Takeuchi, R., Lepak, D. P., Wang, H., & Takeuchi, K. (2007). An empirical examination of the mechanisms mediating between high-performance work systems and the performance of Japanese organizations. Journal of Applied Pyschology , 1069-1083.
  • Tatiana, A., & Tatiana, G. (2000). Do all elements of intellectual capital matter for organizational performance? Evidence from Russian context. Journal of Intellectual Capital , 397-412.
  • Telia, A. B. (1996). The Statement of Human Resources. Journal of Human Resource Costing & Accounting , 1 (1), 99-116.
  • Vuontisjarvi, T. (2006). Corporate Social Reporting in the European Context and Human Resource Disclosures: An Analysis of Finnish Companies. Journal of Business Ethics , 331-352.
There are 33 citations in total.

Details

Journal Section Articles
Authors

Krishna Priya Rolla This is me

Publication Date June 30, 2017
Published in Issue Year 2017

Cite

APA Rolla, K. P. (2017). INFLUENCING THE PRACTICE OF HUMAN RESOURCE ACCOUNTING: SKILLS AND STRATEGIES. Journal of Economics Finance and Accounting, 4(2), 138-144. https://doi.org/10.17261/Pressacademia.2017.443

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