![Open Access](https://i-scholar.in/lib/pkp/templates/images/icons/fulltextgreen.png)
![Restricted Access](https://i-scholar.in/lib/pkp/templates/images/icons/fulltextred.png)
![Open Access](https://i-scholar.in/lib/pkp/templates/images/icons/fulltextgreen.png)
![Open Access](https://i-scholar.in/lib/pkp/templates/images/icons/fulltext_open_medium.gif)
![Restricted Access](https://i-scholar.in/lib/pkp/templates/images/icons/fulltextred.png)
![Restricted Access](https://i-scholar.in/lib/pkp/templates/images/icons/fulltext_restricted_medium.gif)
Role of Human Capital Management in Economic Value Addition of Large Scale Organizations: A Literature Review
Subscribe/Renew Journal
The concept of human resource is transformed to human capital as an outcome of globalization and corporate sustainability. There have been various studies which relate human assets as an important fi nancial input cost and separate accounting methodology has also been developed. The research topic relates to the Role of Human Capital Management in Economic Value Addition of large scale organizations. Economic Value Addition (EVA) has become an important fi nancial indicator of corporate performance. The corporate organizations have shifted their focus more on market capitalization and economic value addition rather generating operating profi t. The researcher feels that human assets could be an important input while generating profi ts vis-a-vis maximizing organizational wealth. The paper presents a comprehensive literature review of Economic Value Addition which is a very powerful indicator for fi nancial manager who wishes to adopt and implement the concept of EVA. Moreover, an important variable human capital focuses on such diverse issue for value adding performance metric. The aim of literature review is to summarize, analyse, integrate and evaluate the current literature on the role of human capital management in economic value addition of large scale organizations. Large scale organizations can erect entry barriers through EVA vide Human Capital.
Keywords
Economic Value Addition, Human Asset, Human Capital, Human Capital Management, Human Resource Accounting, Shareholder Value
Subscription
Login to verify subscription
User
Font Size
Information
- Ameels, Anne., & Scheipers, Geert (2002) “Value- Based Management Control Processes To Create Value Through Integration: A Literature Review.” Retrieved from www.citeseerx.ist.psu.edu/viewdoc/ download?doi=10.1.1.133...
- Ameels. Anne & Scheipers. Geert (2002) “Value-Based Management Control Processes to create value through integration: A Literature Review,” pg.45
- Abdeen, Adnan. M., & Haight, G. Timothy (2011). “A Fresh Look At Economic Value Added : Empirical Study of The Fortune Five-Hundred Companies.” The Journal of Applied Business Research. Retrieved from Http://www.journals.cluteonline.com/index. php/JABR/article/view 2112 on Jan.20, 2011
- Bontis, Dr .Nick., & Fitz-enz, Dr. Jac (2002). “Intellectual Capital ROI: A Causal Map of Human Capital Antecedents and Consequents,” Emerald 1-25. Retrieved from http://www.business.mcmaster.ca/ mktg/nbontis/ic/.../JICBontisFitz-enz.pdf. Aug. 03, 2011
- Bukowitz, Wendi.R., Williams, Ruth. L., Mactas, Edward. S. (2004). Human Capital Measurement. Published by Research Technology Management, 1-11. Retrieved from http://www.allbusiness. com/labor-employment/human-resourcespersonnel/ 10629764-1.html on Jan. 15, 2011.
- Bullen, Maria. L., & Eyler, Kel-Ann (2010). “Human Resource Accounting and International Developments: Implications for Measurement of Human Capital.” Journal of International Business and Cultural Studies, 1-16. Retrieved from http:// www.aabri.com/manuscripts/09342.pdf on Jan. 20, 2011.
- CEO/CFO Certifi cation News (2006). “Addressing Human Capital Elements Key to Effective, Sustainable Compliance.” IBS ALUMNI FEDERATION. Retrieved from http://www.deloitte. com/view/en_CA/ca/services/ceocfocertifi cation/a rticle/46e264f0b0fb110ZVgnVCM100000ba42f00 aRCRD.htm. on Jan.02, 2011. European journal of Economics, Finance and Administrative Sciences- Issue 21(2010)
- E-source-Human Capital Management: “More than HR with a New Name,” Human Resource Planning 30.2
- Khilawala Rashida(2009),”History of human Resource Management” http://www.buzzle.com/articles/ history-of-human-resource-management/html
- Linda, Merritt (2007). “Human Capital Management: More than HR with a New Name. (Perspectives).” Human Resource Planning. Retrieved from http:// www.highbeam.com/doc/1G1-166051337.html on Apr. 11, 2010.
- Losey Michael (2010), “HR comes of age-History of human resource management” HR Magazine; http:// findarticles.com/p/articles/mi_m3495/is_n3_v43/ ai_20514399
- Ministry of human Resource Development http://www. education.nic.in
- Pasha,Mohd.arif(2006), Accounting for Managers, New Delhi : Vrinda Publication (P)Ltd,p 993
- Pasha Arif Mohammed (2006),” Accounting for Managers”, Vrinda Publications (P) Ltd, Delhi, pg-995
- PriceWaterHouseCooper, Saratoga (2008). “Managing People in a Changing world: Key trends in Human Capital-A Global Perspective.” 1-43. Retrieved from http://www/pwc.com/gx/en/hr-managementservices/ hr-management-key-trends-in-humancapital. jhtml.on Jan 02, 2011.
- http://www.apure.org/dept/ind-rel/USPS_hbks/F-Series F-06%20 Economic%20value%20Added%20 2-01%20(111%20KB). Pdf
- http://en.wikipedia.org/wiki/Human_capital
- http://www.ceridien.co.uk/hr/nav/human_capital/1,4102, 428,00.html#banner
- http://www.ceridien.co.uk/hr/nav/human_capital/1,4102, 428,00.html#banner
- http://www.chrmglobal.com/articles/583/1/human_ Capital-Management-html
- Sharma, Anil. K., & Kumar, Satish (2010). “Economic Value Added (EVA) - Literature Review and Relevant Issues.” International Journal of Economics & Finance. Retrieved from http://www.ccsenet.org/ journal/index.php/ijef/article/view/5908/4688 on Jan. 18, 2011.
- Stiles, Dr. Philip., & Kulvisaechana Somboon (2006). “Human Capital and Performance: A Literature Review.” University of Cambridge. Judge Institute of Management. 1-39. Retrieved from http://www. bis.gov.uk/fi les/fi e38844.pdf on Aug. 03, 2011
- Venkataramani Sankaran, Computer Society of India(CSI Communications) ISSN 0970-647X Volume No.33, Issue No.10, January 2010, pg 20. Or www.csi-india. org
- Walker, David. M. (2000). “Managing Human Capital in the 21st Century. GAO.” Retrieved from http:// www.gao.gov/archive/2000/gg00077t.pdf on Aug. 03, 2011
- Weatherly, A. Leslie (2003). “Human Capital-the Elusive Asset; Measuring & Managing Human Capital; a Strategic Imperative for HR.” Research Quarterly, HR magazine. Issues in Information Systems Retrieved from www.ispi.org/pdf/suggestedReading/6_ Weatherly_HumanCapital.pdf on feb.07, 2010.
- Armstrong, Michael. (2010). “Armstrong’s Essential Human Resource Management Practice,” London Philadelphia: Kogan Page Limited.
- Becker, E. Brian., & Huselid, Mark. A., Ulrich. Dave. (2001). “The HR Scorecard: Linking People, Strategy and Performance.” Boston Massachusetts: Harvard Business School Press.
- Casio, Wayne. F. (2002). “Managing Human Resources, Productivity, Quality of Work Life, Profi ts (6th ed).” New Delhi: Tata McGraw-Hill.
- Chandra, Prasanna (2011), “PROJECTS: Planning, Analysis, Selection, Implementation and review, (7th ed.)”. New Delhi: Tata McGraw-Hill.
- Dessler, Gary & Varkkey, Biju. (2010). “Human Resource Management (11th ed.).” New Delhi: Pearson Education.
- Fitz-enz, Jac. (2009). “The ROI of Human Capital: Measuring the Economic Value of Employee Performance. (2nd ed.).” NewYork: American management Association.
- Greer, Charles. R.(2009). “Strategic Human Resource Management: A General Managerial Approach (2nd ed.).” New Delhi: Pearson Education.
- Ingham, Jon (2006). Strategic Human Capital Management- Creating Value through people, Oxford: Butterworth Heinemann.
- Iyer, S.S. (2009). Managing for Value (3rd ed.). New Delhi; New Age International Gully Stanley.
- M, Phillips & Jean, M. (2010). “Strategic Staffi ng.” New Delhi: Pearson Education.
- Maheswari, S.N. (1992). “Advanced accountancy (5th ed.).” New Delhi: Vikas Publishing House Private Limited.
- Mohanty, R.P. (2006). “Managing Human Capital.” New Delhi: Excel Books.
- Pasha, Mohd. Arif. (2006). Accounting for Managers. New Delhi: Vrinda Publication (P) Ltd.
- Singh, B.D. (2010). “Performance management System: a holistic approach.” New Delhi: Excel Books.
- Ulrich, Dave. (1997). “Human Resource Champions: The Next Agenda for Adding Value and Delivering Results.” Boston: Harvard Business School.
- Ulrich, Dave. Meisinger, Sue. Losey, Michael. (2005). “The future of Human Resource Management, 64 Thought leaders Explore the Critical HR issues of Today and tomorrow.” New Jersey: john Wiley & Sons, Inc.
![](https://i-scholar.in/public/site/images/abstractview.png)
Abstract Views: 372
![](https://i-scholar.in/public/site/images/pdfview.png)
PDF Views: 0