The reporting and recognition of human resource assets in recent Australian IPOS
While intangible capital (IC), including human resources (HR), are recognised as being important in creating competitive advantage for organisations (Nishii, Lepak and Schnedier, 2008) there remains very uneven measuring and reporting of the firm’s IC as highlighted in recent studies (Rimmel, Nielse...
| Main Authors: | , |
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| Format: | Journal Article |
| Published: |
Pacific Employment Relations Association
2011
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| Online Access: | http://search.informit.com.au/documentSummary;dn=846025354936796;res=IELNZC http://hdl.handle.net/20.500.11937/5258 |
| _version_ | 1848744746325901312 |
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| author | Chan, J Burgess, John |
| author_facet | Chan, J Burgess, John |
| author_sort | Chan, J |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | While intangible capital (IC), including human resources (HR), are recognised as being important in creating competitive advantage for organisations (Nishii, Lepak and Schnedier, 2008) there remains very uneven measuring and reporting of the firm’s IC as highlighted in recent studies (Rimmel, Nielsen and Yosano, 2009; Singh and Van der Zahn, 2007). The growing disclosure of IC is expected to provide the information that capital market participants find important in terms of making informed investment decisions (Abhayawansa and Guthrie, 2010). In this context initial placement offer (IPO) prospecti would be expected to provide more information and details on a company’s long term strategy, including their intangible assets (Rimmel et al., 2009).This paper reviews the reporting of intangible capital, specifically HR, from the propsecti for six Australian companies that listed in 2010 and 2011. Following on the research of Bukh, Nielsen, Gormsen and Mouritsen (2005) we apply a template to the public documents in order to reveal the extent and the detail of the HR reporting. The findings reveal limited HR reporting; limited strategic plans for the development of HR assets and very uneven reporting across the prospecti. |
| first_indexed | 2025-11-14T06:06:22Z |
| format | Journal Article |
| id | curtin-20.500.11937-5258 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:06:22Z |
| publishDate | 2011 |
| publisher | Pacific Employment Relations Association |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-52582017-03-08T13:12:01Z The reporting and recognition of human resource assets in recent Australian IPOS Chan, J Burgess, John While intangible capital (IC), including human resources (HR), are recognised as being important in creating competitive advantage for organisations (Nishii, Lepak and Schnedier, 2008) there remains very uneven measuring and reporting of the firm’s IC as highlighted in recent studies (Rimmel, Nielsen and Yosano, 2009; Singh and Van der Zahn, 2007). The growing disclosure of IC is expected to provide the information that capital market participants find important in terms of making informed investment decisions (Abhayawansa and Guthrie, 2010). In this context initial placement offer (IPO) prospecti would be expected to provide more information and details on a company’s long term strategy, including their intangible assets (Rimmel et al., 2009).This paper reviews the reporting of intangible capital, specifically HR, from the propsecti for six Australian companies that listed in 2010 and 2011. Following on the research of Bukh, Nielsen, Gormsen and Mouritsen (2005) we apply a template to the public documents in order to reveal the extent and the detail of the HR reporting. The findings reveal limited HR reporting; limited strategic plans for the development of HR assets and very uneven reporting across the prospecti. 2011 Journal Article http://hdl.handle.net/20.500.11937/5258 http://search.informit.com.au/documentSummary;dn=846025354936796;res=IELNZC Pacific Employment Relations Association restricted |
| spellingShingle | Chan, J Burgess, John The reporting and recognition of human resource assets in recent Australian IPOS |
| title | The reporting and recognition of human resource assets in recent Australian IPOS |
| title_full | The reporting and recognition of human resource assets in recent Australian IPOS |
| title_fullStr | The reporting and recognition of human resource assets in recent Australian IPOS |
| title_full_unstemmed | The reporting and recognition of human resource assets in recent Australian IPOS |
| title_short | The reporting and recognition of human resource assets in recent Australian IPOS |
| title_sort | reporting and recognition of human resource assets in recent australian ipos |
| url | http://search.informit.com.au/documentSummary;dn=846025354936796;res=IELNZC http://hdl.handle.net/20.500.11937/5258 |