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The influence of management capital on enterprise performance

Author

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  • Andrej Bertoncelj
  • Darko Kovac

Abstract

Human capital is becoming more important than economic capital in today's knowledge society. Presented in this study is a financial yardstick for measuring management capital efficiency and human value added, as well as its practical implementation on a research sample of 154 managers in Slovene small and medium enterprises. This study suggests that Slovene managers are not prone to risk taking and dealing with unknowns; moreover, they are neither sufficiently flexible nor intuitive. Study provides a framework for investigation of the role and value add of management.

Suggested Citation

  • Andrej Bertoncelj & Darko Kovac, 2008. "The influence of management capital on enterprise performance," International Journal of Management and Enterprise Development, Inderscience Enterprises Ltd, vol. 5(4), pages 444-461.
    • Handle: RePEc:ids:ijmede:v:5:y:2008:i:4:p:444-461
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