The only resource of an organization that has life and can be motivated is its employees. Like any other resources, this area also requires investment that involves risk. This paper aims at emphasizing the necessity of investing on human capital as well as the risks involved in such investment...

Extant literature documents a relationship between human resource management (HRM) practices and performance, but the mechanisms underlying this relationship are still not well understood. We develop a theoretical framework of the HRM-performance relationship fusing an employment systems...

Davenport (1999) provides a different point of view at the concept of Human Capital by Gary Becker (1993). He focused the application of human capital from the employee’s point of view and coined the term Employee‐Investor where employees are seen as both owners and investors of their own...

Ensuring that firms devote sufficient resources to the reporting process is important for quality reporting. To explore the effects of resources invested in the reporting function, we use a regulatory intervention in South Korea that led to an increase in human capital invested in the reporting...

This paper provides an overview of the human capital literature focusing on the firm's incentives and disincentives to invest in human capital and subsequently to account for the investments. The evidence suggests human capital investment decisions are intrinsically linked to the success of a...