IDEAS home Printed from https://ideas.repec.org/p/ecl/illbus/14-0101.html
   My bibliography  Save this paper

Advancing the Human Capital Perspective on Value Creation by Joining Capabilities and Governance Approaches

Author

Listed:
  • Mahoney, Joseph T.

    (University of IL)

  • Kor, Yasmine

    (University of SC)

Abstract

This paper elaborates on how the human capital perspective on value creation can be advanced by joining the capabilities and governance approaches. Investments in firm-specific human capital can be an important pathway to building and enhancing a firm's core competencies. Thus, it is vital to build mechanisms and systems that encourage the development and safeguarding of these human capital-based capabilities. Our paper unpacks the notion of firm-specific human capital and presents a view on why this form of human capital especially matters in today's business context. We review pitfalls and shortcomings of a traditional shareholder model and its likely impacts on investments in firm-specific human capital. Finally, we discuss mechanisms by which the firm-specific human capital development process can be stimulated and protected.

Suggested Citation

  • Mahoney, Joseph T. & Kor, Yasmine, 2014. "Advancing the Human Capital Perspective on Value Creation by Joining Capabilities and Governance Approaches," Working Papers 14-0101, University of Illinois at Urbana-Champaign, College of Business.
  • Handle: RePEc:ecl:illbus:14-0101
    as

    Download full text from publisher

    File URL: https://www.business.illinois.edu/Working_Papers/Abstract.asp?PaperID=14-0101
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ecl:illbus:14-0101. 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: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/cbuiuus.html .

    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.