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The Financial Reporting of Human Resource Valuations
Author(s) -
Houghton K.A.
Publication year - 1980
Publication title -
asia pacific journal of human resources
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.825
H-Index - 33
eISSN - 1744-7941
pISSN - 1038-4111
DOI - 10.1177/103841118001700406
Subject(s) - valuation (finance) , human resources , business , accounting , value (mathematics) , business valuation , human resource management , value creation , finance , economics , industrial organization , management , computer science , machine learning
Employees have long been recognised by managers as being of substantial economic value to an employing organisation, yet traditionally that value has been ignored in the accounting systems of those organisations. In the past decade serious consideration has been given to the valuation of human resources in a manner that would fall within the constraints currently affecting the financial disclosure policies of business entities. This paper focuses attention on the parallel between human resources and leased resources, and notes certain implications for the disclosure of the value of a certain group of human resources.