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Capitalized Human Resources Cost and Its Influence on Corporate Productivity: A Study of Selected Companies in Nigeria

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  • Bassey Eyo Bassey
  • Arzizeh Tiesieh Tapang

Abstract

This study aimed at examining the influence of human resources cost on corporate productivity. Human resources have been identified as one of the main sources of competitive advantage by many organizations in today¡¯s economy. In other to investigate the above issue, the researcher gathered data from ten (10) companies listed in the Nigerian Stock Exchange with the aid of a questionnaire using an ex-post facto design. The study revealed that acquisition and development costs are important determinants of human resources cost and does significantly influence corporate productivity. Conclusively, human resources cost approach to corporate performance measurement which have gained substantial attention and use in recent years provides further opportunities for utilization of human resource accounting measures. The study recommended that companies should use career management programs to assist their employees in career planning.

Suggested Citation

  • Bassey Eyo Bassey & Arzizeh Tiesieh Tapang, 2012. "Capitalized Human Resources Cost and Its Influence on Corporate Productivity: A Study of Selected Companies in Nigeria," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 3(2), pages 48-59, April.
    • Handle: RePEc:jfr:ijfr11:v:3:y:2012:i:2:p:48-59
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    References listed on IDEAS

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    1. Williamson, Oliver E, 1979. "Transaction-Cost Economics: The Governance of Contractural Relations," Journal of Law and Economics, University of Chicago Press, vol. 22(2), pages 233-261, October.
    2. John Paul Macduffie, 1995. "Human Resource Bundles and Manufacturing Performance: Organizational Logic and Flexible Production Systems in the World Auto Industry," ILR Review, Cornell University, ILR School, vol. 48(2), pages 197-221, January.
    3. Williamson, Oliver E, 1981. "The Modern Corporation: Origins, Evolution, Attributes," Journal of Economic Literature, American Economic Association, vol. 19(4), pages 1537-1568, December.
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    Cited by:

    1. Olajide Idowu OKUNBANJO & Lookman Olaseni AJETUNMOBI & Adesina Saliu YUSUFF, 2020. "Effects of Human Resource Investment on Economic Sustainability of Nigerian Real Estate Industry," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 86-92.
    2. Edirin JEROH, 2013. "Human Capital Accounting and the Comparability of Financial Statements in Niger," The Journal of Accounting and Management, Danubius University of Galati, issue 2, pages 53-64, August.

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