Naslov
The Role of Human Capital Investments in Business Excellence of Croatian Companies

Autori
Tadić, Ivana ; Aljinović Barać, Željana

Izvornik
Economic and business review (1580-0466) 24 (2022), 3; 161-170

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
intellectual capital ; human resource management ; human resource accounting ; company performance

Sažetak
The paper analyses human capital investments and their relation to company performance in Croatia. Human capital represents an inevitable element in recognising and measuring an organisation's values and supporting its business excellence. The results obtained show that training and extra bonuses or salaries are positively correlated with company excellence, as well as show a significant difference in the mean of salaries per employee between high and moderate intensive intellectual capital companies. The differences in company excellence, when human capital expenditures are capitalized in a company's balance sheet rather than recognized as expenses in the company's profit and loss account, is confirmed. Companies should pay attention to managing human resources and realizing their importance for business excellence, as well as the importance of appropriate recognition and measurement of human capital in financial statements.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA