Value Creation, Reporting, and Signaling for Human Capital and Human Assets: Building the Foundation for a Multi-Disciplinary, Multi-Level Theory

275 Pages·2014·1.852 MB·English

by  Meir Russ (eds.)

Value Creation, Reporting, and Signaling for
Human Capital and Human Assets
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Value Creation, Reporting, and
Signaling for Human Capital
and Human Assets
Building the Foundation
for a Multi-Disciplinary,
Multi-Level Theory
Edited by
Meir Russ
VALUE CREATION, REPORTING, AND SIGNALING FOR HUMAN CAPITAL AND HUMAN ASSETS
Copyright © Meir Russ, 2014.
Softcover reprint of the hardcover 1st edition 20
All rights reserved.
First published in 2014 by
PALGRAVE MACMILLAN®
in the United States— a division of St. Martin’s Press LLC,
175 Fifth Avenue, New York, NY 10010.
Where this book is distributed in the UK, Europe and the rest of the world,
this is by Palgrave Macmillan, a division of Macmillan Publishers Limited,
registered in England, company number 785998, of Houndmills,
Basingstoke, Hampshire RG21 6XS.
Palgrave Macmillan is the global academic imprint of the above companies
and has companies and representatives throughout the world.
Palgrave® and Macmillan® are registered trademarks in the United States,
the United Kingdom, Europe and other countries.
ISBN: 978–1–137–47196–3
Library of Congress Cataloging-in-Publication Data
Value creation, reporting, and signaling for human capital and human
assets : building the foundation for a multi-disciplinary, multi-level theory /
edited by Meir Russ.
pages cm
Includes bibliographical references and index.
ISBN 978–1–137–47196–3 (hardcover :alk. paper)
1. Human capital—Management. 2. Intellectual capital—Management.
3. Knowledge management. 4. Value. I. Russ, Meir, 1968–
HD4904.7.V35 2014
658.3001—dc23 2014025571
A catalogue record of the book is available from the British Library.
Design by Newgen Knowledge Works (P) Ltd., Chennai, India.
First edition: December 2014
10 9 8 7 6 5 4 3 2 1
ISBN 978-1-349-50107-6 ISBN 978-1-137-47206-9 (eBook)
DOI 10.1057/9781137472069
This book is dedicated to my one and only.
Thank you Fay for being my rock, my dream, my life.
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Contents
List of Figures ix
List of Tables xi
Foreword
Leif Edvinsson xiii
Acknowledgments xvii
Introduction Homo Sustainabiliticus and the “New Gold” 1
Meir Russ
Part I Value Creation
Chapter 1 A Measurement Approach to Human Potential in
the Context of a Sustainable Corporate Management 19
Regina Osranek and Klaus J. Zink
Chapter 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) 49
Katalin Pádár and Piroska Harazin
Chapter 3 Human and Relational Capital as a Growth Factor:
The Case of Korean New Technology–Based Venture 87
Youngkeun Choi, Seungwha (Andy) Chung,
and Ji Sun Lim
Chapter 4 Bridging Human Capital and Social Capital Theories 113
Deepali Sharma
viii (cid:77) Contents
Part II Reporting and Signaling
Chapter 5 A Social Network Analysis of Managerial Migrations:
The Case of Large Companies in the United Kingdom 143
Mary-Paz Arrieta-Paredes and Bruce Cronin
Chapter 6 Intangible Assets: Current Requirements, Social
Statements, Integrated Reporting, and New Models 179
Sabrina Pucci, Marisa Cenci, Marco Tutino,
and Roberta Luly
Chapter 7 A Comparative Analysis of Human Capital Disclosure
in Annual Reports and Sustainability Reports 213
Emilio Passetti and Lino Cinquini
Appendix A Content Analysis Protocol 243
Appendix B Definition of Human Capital Items and Indicators 245
List of Contributors 249
Index 251
Figures
I.1 Human models, framework, and development 4
I.2 Human capital: Major issues 8
1.1 An integrative measurement framework of human potential 24
1.2 A roadmap to measure human potential 43
2.1 The Integrated Evaluation Loop (IEL) model 64
3.1 Theoretical model 89
3.2 Mediation model 103
4.1 Human capital and social capital inter-linkage model 134
5.1 (a) Managerial performance model and (b) Company value
model—all components 154
5.2 (a) Managerial performance model and (b) Company value
model—main components 156
5.3 The managerial performance model all components simulation.
Standard deviation and skewness of in degree and out
degree distributions 167
5.4 The company value model all components simulation.
Standard deviation and skewness of in degree and out
degree distributions 168
5.5 A ll components simulation. Correlation of the in degree and
out degree distributions and triad census 169