Research Article | OPEN ACCESS
An Available Approch to Human Capital Measuring: Short-term Response and Long-term Financial Performance Appraisal System
1Yong Liu, 1Dazheng Wang, 1Shulin Ke and 2Hongxing Liu
1School of Economics and Managements
2Academic Affairs Department, Hubei Polytechnic University, Huangshi 435003, Hubei Province, China
Current Research Journal of Social Sciences 2015 2:43-48
Received: November ‎30, ‎2014 | Accepted: January ‎8, ‎2015 | Published: April 25, 2015
Abstract
In order to study the causes of ineffectively and inefficiently measuring human capital within organizations (profit-organizations such as enterprises and non-profit organizations such as universities) in China, we analyze the potential and actual bias occurred in measuring and evaluating Human Capital (HC) within organizations. The study has helped administrators understand the challenges with objectively measuring behavior as well as some of the pitfalls associated with employee and manager bias in administering performance appraisals. For this purpose, research has focused on value creativity to more accurately and objectively measure HC. The study shows short-term response and long-term financial performance appraisal system is an available approch to effective and efficient Human Capital Measuring (HCM). In this sense, we hope that short-term response and long-term financial performance appraisal system within organizations in china can drive effects and efficacies in measuring HC and more importantly to be a “pioneer” in such applications.
Keywords:
Effects and efficacies, human capital measuring, long-term financial performance appraisal, short-term response, value creativity,
Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2041-3246
ISSN (Print): 2041-3238 |
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