INFLUENCING THE PRACTICE OF HUMAN RESOURCE ACCOUNTING: SKILLS AND STRATEGIES

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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Journal of Economics Finance and Accounting-Cover

Yayın Aralığı: Yılda 4 Sayı
Başlangıç: 2014
Yayıncı: PressAcademia

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