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Human Capital in Financial Institutions (CROSBI ID 617206)

Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija

Pavković, Anita ; Marošević, Katarina Human Capital in Financial Institutions. 2014

Podaci o odgovornosti

Pavković, Anita ; Marošević, Katarina

engleski

Human Capital in Financial Institutions

Human resources are an important factor in the overall efficiency of financial institutions which is one of the most competitive and turbulent industry. Investment in human resources at the individual and organisational level is a key component of business process management in financial institutions, mainly due to the continuous development of new products, strong competition, dynamic changes and challenges in finance, the emergence of new risks, intense regulatory changes, etc. The aim of this paper is to explore the level of human resource management development and human resource investments, needs for such investment and its cost-effectiveness in the case of financial institutions in the Republic of Croatia. Banks will play a central role in the analysis, as they are dominant financial institutions in the financial sector holding about 80% of the total financial sector assets. Furthermore, the paper will delineate the terminology referring to human resource management and clarify the terminology differences between human resources and human capital through the theoretical framework. Based on that study, the paper will analyse the hypotheses of the importance of investment in human resources as well as critically evaluate forms of human resource development. The purpose of this paper is to identify and provide guidelines that can help the bank and financial institutions management to make decisions about the appropriate form and level of investment in human capital based on the theoretical knowledge and practical aspects.

banks; financial institutions; human capital; human resources

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Podaci o prilogu

2014.

objavljeno

Podaci o matičnoj publikaciji

Podaci o skupu

6th International Scientific Conference on Economic and Social Development and 3rd Eastern European ESD Conference: Business Continuity

predavanje

24.04.2014-25.04.2014

Beč, Austrija

Povezanost rada

Ekonomija