Human Assets to total Assets Ratio of Top Profit Making Companies of India in the Financial Year 2013-14
- 1 Faculty of Commerce and Management, Jagannath University Haryana, INDIA
Res. J. Management Sci., Volume 4, Issue (7), Pages 24-25, July,6 (2015)
The present economy is knowledge based economy which capitalizes human efforts, efficiency, knowledge, skills, creativity, innovation and ideas. These tools are the major profit making mantra now days. Human efforts in turn are awarded with a number of incentives, awards, benefits, schemes, offers and bonuses in addition to the normal wages, salaries and payments. The monetary and non monetary incentives boost the motivation level of an employee. The total amount incurred on human assets (employees) and the total amount incurred on all other assets, current and non-current, can be compared and a new ratio, called, human assets to total assets ratio may be carried out to see at what extent the top profit making companies are incurring on human assets.
- http://economictimes.indiatimes.com/markets/stocks/news/et-500-top-20-profit-making-companies/articleshow/ 42538358.cms 16 September (2014)
- Mehra Rajesh, Maheshwari Manoj, Meena Krishan Kant, Valuation of Human Assets and Its Proposed Position in the Balance Sheet, IJEDR | 2(3) (2014) ISSN: 2321-9939
- Annual reports and official websites of the companies (2014)