Ali Saghafi; Ghasem Blue; Narges Rezapour
Volume 14, Issue 53 , April 2017, , Pages 9-44
Abstract
The importance of human capital (HC) is a broadly accepted concept and human capital financial reporting as the traditional concept of "human resource accounting", has a long history. However, human capital financialreporting is still an unresolved problem in reporting which makes the investigation ...
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The importance of human capital (HC) is a broadly accepted concept and human capital financial reporting as the traditional concept of "human resource accounting", has a long history. However, human capital financialreporting is still an unresolved problem in reporting which makes the investigation of human capital reporting quality an important issue. The research provides evidence on the value relevance and information contentof "Capital-Based Human Capital Financial Reporting Model". For this purpose, we utilized the value relevance models as an experimental framework. Using cluster sampling, we chose and examined 22 corporations,from 2011 to 2015. We utilized OLS to test our research hypothesis. The results indicated that capital-based model is relevant for measuring and reporting Iranian corporations' HC. After verifying the relevancecharacteristic using a quasi-experimental method, the information content of the model was examined by applying four-group experimental design with pretest and posttest at a higher level. The results of this experiment performed in controlled conditions and with the help of graduate accounting students of Allameh Tabataba'i University revealed that there are no significant difference between experimental and control groups' responses, and therefore there is no additional information content
Ali Saghafi; Ghasem Blue
Abstract
The significance and critical role of human capital (HC) is broadly accepted. Human capital financial reporting as the classic "human resource accounting", has a long history. As a result, many methods have been proposed for HC measuring and reporting. Given that the HC financial reporting is still an ...
Read More
The significance and critical role of human capital (HC) is broadly accepted. Human capital financial reporting as the classic "human resource accounting", has a long history. As a result, many methods have been proposed for HC measuring and reporting. Given that the HC financial reporting is still an unsolved problem, it is important to evaluate the quality of HC measurement and reporting models. The research offers evidences about the relevance and information content of "Capital-Based Human Capital Financial Reporting Model". For this purpose, we utilized the value relevance models as an experimental framework. Using cluster sampling, we chose and examined 22 corporations, from 2011 to 2015. We utilized OLS to test our research hypothesis. The results indicate that capital-based model is relevant for measuring and reporting Iranian corporations' HC. After verifying the relevance characteristic using a quasi-experimental method, at a higher level, information content of the model was examined by applying four-group experimental design with pretest and posttest. The results of this experiment, performed in controlled conditions and with the help of graduate accounting students of Allameh Tabatabai University, show no significant difference between experimental and control groups' responses, and therefore no additional information content.
