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Effect of Financial Variables Disclosed in the Annual Report on Human Resource Value in Infosys Limited

Author Affiliations

  • 1Department of Master of Business Administration, University of Mysore, Mysore, INDIA

Res. J. Recent Sci., Volume 3, Issue (8), Pages 43-52, August,2 (2014)


The evaluation of Human Assets of Infosys 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 Infosys 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.


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