An Empirical Analysis of Key Components of Measurement of Human Asset

Vol 14 , Issue 2 , July - December 2013 | Pages: 43-55 | Research Paper

https://doi.org/10.51768/dbr.v14i2.142201314

Published Online: December 16, 2013

Author Details ( * ) denotes Corresponding author

1. * Nisha Gupta, Research Scholar, Department of Commerce, Faculty of Commerce and Business, University of Delhi , Delhi, India (nishadse@gmail.com)

2. Ajay Kumar Singh, Associate Professor, Department of Commerce, Delhi School of Economics, University of Delhi, Delhi, India (drajayksingh@gmail.com)

To explore the reasons for the importance of measuring human asset and to find any significant difference between employees of different age and experience.

Methodology: 150 responses were obtained through a standard structured questionnaire that was analysed through mean, standard deviation, Factor analysis, ANOVA, Tukey HSD.

Findings: 61.9% of respondents stated that measuring human asset was important or very important in their organization. The employees of age group of 45 years and more and employees having experience of 5 years give more importance to measure human asset.

Implication: The information system should consider both the cost and value of human beings and should be able to make inter and intra-firm comparisons. Accounting standard for the measurement and reporting of the Cost and Value of Human Asset should be issued.

Keywords

Human asset measurement, Human asset valuation, Human resource valuation model, Service sector, Human asset value.

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