INFLUENCING THE PRACTICE OF HUMAN RESOURCE ACCOUNTING: SKILLS AND STRATEGIES

Year 2017, , 138 - 144, 30.06.2017

Krishna Priya Rolla

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.

Keywords

Human resource accounting, skill inventory, India

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