IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/2504261.html
   My bibliography  Save this paper

Impact of Human Asset Value on Business Financial Results on Software Business in Romania

Author

Listed:
  • MARIUS RADU

    (Babes-Bolyai University)

Abstract

The relative low salaries of the IT employees compared to the Western countries, the employees skills and the location of the country have supported outsourcing become one of the most competitive Romanian sectors. The IT sector in Romania maintains a steady growth sustained by outsourcing companies. The Romanian IT software development sector is highly competitive when we take into account the level of technical proficiency of the IT employees in the country and the financial performance of the companies. The article presents the structure of the industry and competition between actors based on the multivariate analysis of the data from 301 Romanian IT companies. An outliers mining research approach is used to discover the data records for companies which have an exceptional behavior comparing with other records of the companies in the remaining dataset. Further on are presented the results from a regression analysis applied to understand the influence of human capital force on financial performance of the IT software companies in Romania.In general the human capital dimension does improve the companies financial performance and creates value, but on the other side there are outlying performers - IT companies with a peculiar financial performance for which human capital is not the main business driver.

Suggested Citation

  • Marius Radu, 2015. "Impact of Human Asset Value on Business Financial Results on Software Business in Romania," Proceedings of International Academic Conferences 2504261, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:2504261
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/16th-international-academic-conference-amsterdam/table-of-content/detail?cid=25&iid=059&rid=4261
    File Function: First version, 2015
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    software business; outsourcing; outliers analysis; industry competition;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iacpro:2504261. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.