Asian Journal of Development Matters
  • Year: 2014
  • Volume: 8
  • Issue: 1

Relationship between financial variables and human resource value in ROLTA INDIA LTD.

  • Author:
  • Khodabakhshi Parijan. Khadijeh1, Hossein Habibisavadkouhi2
  • Total Page Count: 11
  • Page Number: 31 to 41

1Research Scholar, DOS, B.N. Bahadur Institute of Management Sciences, University of Mysore, Manasagangotri, Mysore, Karnataka, India. parijan.kh@gmail.com

2DOS in Accounting, Islamic Azad University of Iran, Babol Branch, Babol, Mazandaran, Iran. habibi_sk@yahoo.com

Online published on 30 August, 2014.

Abstract

The evaluation of Human Assets of ROLTA INDIA LTD. is based on the present value of the future earnings of the employees with the following assumptions: Employees’ compensation includes all the direct and indirect benefits earned both in India and abroad. The incremental earnings based on the basis of group and age is considered.

The study is carried out by analyzing the behavior of all the important variables from the HRA point of view. To find out the interrelationship between these variables, the bivariate correlation analysis between HRV and financial variables has been undertaken. The data used in the study has been collected from the annual reports of ROLTA INDIA LTD. for the years 2005–06 to 2011–12. The simple correlation analysis as examined in the study reveals the insignificant relationship between financial variables, predictor variables and HRV per employee except in Return on HRV. HRV is negatively related with the Return on HRV.

Keywords

Human Resource Value (HRV), Human Resource Accounting (HRA), Financial Variables, Predictor Variables