*Research Scholar, DOS, B.N. Bahadur Institute of Management Sciences, University of Mysore, Mysore, Karnataka, India
**Research Scholar, International Trade Law, Department of law, University of Mysore, Mysore, Karnataka, India
Online published on 11 June, 2014.
This study presents a detailed benchmarking of the valuation model used to measure human assets by the selected companies. A purposive sampling technique is used for the selection of sample units. The researcher has found out ONGC, NTPC, BHEL, IOC, SAIL, HPCL, BPCL, HCL, INFOSYS Ltd, and ROLTA INDIA Ltd are TEN listed organizations on the BSE-500 Index which are practicing HRA.
Through analysis of various scientific literatures in the area of accounting, the researcher intend to group the several models used in measuring human asset in order to provide the means for measuring the many users of information. The study provides a most clear integrated framework and measures of forms of human asset accounting to guide and inform future scholars. Indian corporate and researchers have shown interest in Human Asset Accounting and the Lev and Schwartz model was the popular and adopted with a little modification by Indian companies in India.
Benchmark, Human Asset, Valuation Model, Human Resource Accounting
