About the Book
Value Creation, Reporting, and Signaling for Human Capital and Human Assets provides a platform for a broad scope of theory building discussion regarding human capital and assets and, more importantly, by encouraging a multidisciplinary fusion between diverse disciplines. The content of the book is formed around three major issues grounded in the praxis of human capital and assets while providing for a triangulation opportunity to analyze human capital and assets issues from diverse academic traditions, perspectives, and theories. The three issues are: definitions, origins; value creation; and reporting, signaling. This book is focused on the accounting, human resource, strategic, social, behavioral, and systems-networks perspectives. Presently, human capital and assets are measured and managed by different financial and economic indicators based on currency as a unifying economic measure which communicates only the constraints of present economic resource scarcity. But, assuming continuous economic growth without including the constraints on substitution among production factors, resulting from including energy and environment is not sustainable for the long-term.
Breaking the silos between the traditional academic perspectives the book presents new frameworks and definitions for human capital and proposes a new unifying research paradigm.
Table of Contents:
Table of Contents List of Figures List of Tables Forward - Leif Edvinsson Acknowledgments Introduction- Homo Sustainabiliticus and the 'new gold'; Meir Russ Value Creation 1. A Measurement Approach To Human Potential In The Context Of A Sustainable Corporate Management; Regina Osranek And Klaus J. Zink 2. Links And Evaluation Possibilities Of Intangible Value Creation In Organizations: The Importance Of Human Resources Management, Knowledge Management, Organizational Learning, And Intellectual Capital (Management); Katalin Padar And Piroska Harazin 3. Human And Relational Capital As A Growth Factor: The Case Of Korean New Technology Based Venture; Youngkeun Choi, Seungwha (Andy) Chung, And Ji Sun Lim 4. Bridging Human Capital And Social Capital Theories; Deepali Sharma Reporting And Signaling 5. A Social Network Analysis Of Managerial Migrations: The Case Of Large Companies In The UK; Mary-Paz Arrieta-Paredes And Bruce Cronin 6. Intangible Assets: Current Requirements, Social Statements, Integrated Reporting And New Models; Sabrina Pucci, M. Cenci, Marco Tutino, And Roberta Luly 7. A Comparison Of Voluntary Human Capital Disclosure In Annual Reports And In Sustainability Reports: Do They Complement For An Effective Disclosure?; Emilio Passetti And Lino Cinquini
About the Author :
Meir Russ is Professor of Management in the Austin E. Cofrin School of Business at the University of Wisconsin-Bay, USA, where he presently holds the Philip J. and Elizabeth Hendrickson Professorship in Business.
Review :
"Human capital is admittedly the most important resource for all types of organizations and, indeed, for economic development of countries. And, although, much research has focused on human capital, more is needed. This volume extends the frontiers of our knowledge of human capital by providing a multidisciplinary and multilevel view of this critical resource. I commend this volume to all scholars interested in the advancement of our understanding of human capital." - Michael Hitt, Joe B. Foster '56 Chair in Business Leadership, Department of Management, Texas A&M University "Research on intangible and human capital has been growing over the past 20 years. This volume, advancing the frontier of research on intangibles' contribution to value creation, is an important addition to the intangibles' area. It should be of considerable interest to scholars and practitioners in the area." - Baruch Lev, Philip Bardes Professor of Accounting and Finance, New York University, USA "There is broad recognition that human assets are among the most important organizational resources. What does it really mean for people to be assets in the context of a high velocity environment with dwindling natural resources? This book takes seriously the value creation, associated costs, and reporting of such assets. It's an excellent read for today's dynamic knowledge-based business world." - Russell Coff, Wisconsin Naming Partners Professor of Strategic Management, University of Wisconsin, Madison, USA. "This book, edited by Prof. Russ is a valuable contribution in the field of human capital management. After homo politicus, homo economicus, and homo technologicus, the editor proposes homo sustainabiliticus, a new kind of human concerned with the economic profitability, the environmental concerns, and the social responsibilities. This lei motiv, is connecting the chapters of the book that is organized in two parts, namely Value Creation and Reporting and Signaling. The book presents seven papers that extend the existing literature on the topic providing new insights in human capital management for researchers and practitioners alike." - Ricardo Colomo-Palacios, Ostfold University College, Norway, and Editor-in-Chief, The International Journal of Human Capital and Information Technology Professionals "This book starts with the rather uncontroversial proposition that we are in a knowledge economy. Still, and much more interesting, the book offers a multiple tale of how human capital is being depicted from different streams of research and, by offering this multi-discipline approach, the book show how different ontologies presents the human capital in the knowledge economy. This makes it possible for students of accounting to read beyond the current state of accounting research and to become introduced to other ways of approaching the issue. This is crucial since if we cannot learn from others, who can we learn from?" - Bino Catasus, Chair in Accounting, Stockholm University, Sweden
