Human capital development and its impact on firm performance: Evidence from developmental economics

Human capital is getting wider attention with increasing globalization and also the saturation of the job market due to the recent downturn in the various economies of the world. Developed and developing countries put emphases on a more human capital development towards accelerating the economic gr...

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Main Authors: Maran, Marimuthu, Arokiasamy, Lawrence, Ismail, Maimunah
Format: Article
Language:English
English
Published: The Journal of International Social Research 2009
Online Access:http://psasir.upm.edu.my/id/eprint/7448/
http://psasir.upm.edu.my/id/eprint/7448/1/Human%20capital%20development%20and%20its%20impact%20on%20firm%20performance.pdf
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author Maran, Marimuthu
Arokiasamy, Lawrence
Ismail, Maimunah
author_facet Maran, Marimuthu
Arokiasamy, Lawrence
Ismail, Maimunah
author_sort Maran, Marimuthu
building UPM Institutional Repository
collection Online Access
description Human capital is getting wider attention with increasing globalization and also the saturation of the job market due to the recent downturn in the various economies of the world. Developed and developing countries put emphases on a more human capital development towards accelerating the economic growth by devoting necessary time and efforts. Thus human capital development is one of the fundamental solutions to enter the international arena. Specifically, firms must invest necessary resources in developing human capital which tend to have a great impact on performance. This paper examines the extent to which human capitals have direct impacts on firm performance from various critical perspectives. Firm performance is viewed in terms of financial and non-financial performance. Finally, this paper develops a model that explains the relationship between human capital and firm performance.
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spelling upm-74482015-10-22T07:47:30Z http://psasir.upm.edu.my/id/eprint/7448/ Human capital development and its impact on firm performance: Evidence from developmental economics Maran, Marimuthu Arokiasamy, Lawrence Ismail, Maimunah Human capital is getting wider attention with increasing globalization and also the saturation of the job market due to the recent downturn in the various economies of the world. Developed and developing countries put emphases on a more human capital development towards accelerating the economic growth by devoting necessary time and efforts. Thus human capital development is one of the fundamental solutions to enter the international arena. Specifically, firms must invest necessary resources in developing human capital which tend to have a great impact on performance. This paper examines the extent to which human capitals have direct impacts on firm performance from various critical perspectives. Firm performance is viewed in terms of financial and non-financial performance. Finally, this paper develops a model that explains the relationship between human capital and firm performance. The Journal of International Social Research 2009 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/7448/1/Human%20capital%20development%20and%20its%20impact%20on%20firm%20performance.pdf Maran, Marimuthu and Arokiasamy, Lawrence and Ismail, Maimunah (2009) Human capital development and its impact on firm performance: Evidence from developmental economics. The Journal of International Social Research, 2 (8). pp. 60-67. ISSN 1307-9581 http://www.sosyalarastirmalar.com/cilt2/sayi8pdf/marimuthu_arokiasamy_ismail.pdf English
spellingShingle Maran, Marimuthu
Arokiasamy, Lawrence
Ismail, Maimunah
Human capital development and its impact on firm performance: Evidence from developmental economics
title Human capital development and its impact on firm performance: Evidence from developmental economics
title_full Human capital development and its impact on firm performance: Evidence from developmental economics
title_fullStr Human capital development and its impact on firm performance: Evidence from developmental economics
title_full_unstemmed Human capital development and its impact on firm performance: Evidence from developmental economics
title_short Human capital development and its impact on firm performance: Evidence from developmental economics
title_sort human capital development and its impact on firm performance: evidence from developmental economics
url http://psasir.upm.edu.my/id/eprint/7448/
http://psasir.upm.edu.my/id/eprint/7448/
http://psasir.upm.edu.my/id/eprint/7448/1/Human%20capital%20development%20and%20its%20impact%20on%20firm%20performance.pdf