Investigating The Impact Of Human Capital Reporting (Hcr) On Financial Performance, Stock Price And Firm Value
Journal Title: International Research Journal of Applied and Basic Sciences - Year 2013, Vol 6, Issue 2
Abstract
In recent years, a trend in management has been the introduction of Human Capital (HC) management and accounting. As a result of this trend, there has been a demand from external stakeholders for a different sort of information, and many firms have, in an attempt to meet this demand, become more involved in the creation, measurement and reporting of information other than ‘financial’ data. In this article, Gamerschlag and Moeller’s model (2011) is used that describes cause-and-effect relationships between Human Capital Reporting (HCR) and company financial performance. Therefore, the main purpose of this study is to examine the impact of HCR on financial performance and value of companies listed in the Tehran Stock Exchange. The dataset includes 112 companies listed in the Tehran Stock Exchange during the period 1385-1389. The study finds no significant evidence of the effect of HCR on the firm financial performance, but HCR has a positive and significant effect on stock price and firm value.
Authors and Affiliations
Abolfazl Ghadiri Moghaddam *| Assistant Professor, Department of Accounting, Mashhad Branch, Islamic Azad University, Mashhad, Iran., Mahrokh Shakeri| M.A. Student of Accounting, Department of Accounting, Mashhad Branch, Islamic Azad University, Mashhad, Iran., Esmail Tavakolnia| Ph.D. Student of Accounting, Department of Accounting, Mazandaran University, Mazandaran, Iran
Keywords
Related Articles
- EP ID EP6106
- DOI -
- Views 374
- Downloads 7
The Investigation of the Relationship between Emotional Intelligence, Job Satisfaction and Organizational Commitment of Personnel in Banks and Financial Institutions of Darrehshahr City
Today, consideration of human efficiency and job productivity in a normal level is of utmost importance. And for this reason attention to factors interfering in this field is of highly importance. The current study has b...
Surveying the Management Accountancy and its Different Aspects Contribution to Managers’ Decision-Makings at West Azarbaijan Applied Sciences Universities
The indispensable need of institutes and organizations to verified information in order for the managers to run them in their decision process is inevitable one. To do this, the management information system is taken int...
Introversion and Its Role in Iranian Architecture and Urbanism genesis and development
This paper is an attempt to uncover the methods and features of architecture and urbanism in Iranian environment during the recent history;The importance of various elements and factors influencing decision makers and pe...
The Investment Dispute Resolutions in Energy Charter Treaty
Energy differences, due to the strategic nature of the enormous costs associated with it, great sensitivity, and the Energy Charter Treaty as the first legal document in planning, trade, transit and investment in the ene...
Relationship between opportunistic behavioural of managers and earnings quality: Tehran Stock Exchange evidence
In this study an attempt has been made to the relationship between financial leverage, institutional ownership, and free cash flow as criteria of opportunistic behaviour of managers using accrual amount of earnings quali...