The use of publicly available information for human capital analysis: case of three Australian companies
Hatipoglu, Burcin
The use of publicly available information for human capital analysis: case of three Australian companies - 2019.
30
The underlying assumption of this research paper is that the future performance of an organization cannot be based only on the fulfillment of mandatory requirements while ignoring other valuable indicators such as human capital. Analysis of the annual reports and company websites of three Australian corporations indicates that corporations complied with mandatory regulations and the ASX Corporate Governance Recommendations for the period 1999–2004. The study of the annual reports and sustainability reports of the companies demonstrates that these are valid sources for gathering information about corporate strategy, corporate governance mechanisms, restructuring programs, social and environmental performance, occupational and health concerns (OH&S), and economic performance. On the other hand, they provide little information on human capital besides the mandatory remuneration of executives and directors. Most of the human capital knowledge used to analyze the data in this research (regarding indicators of job characteristics, recruitment, training, career opportunities, rewards, and professional identity and culture) is not systematically part of the mandatory reporting requirements or the investment process. Use of qualitative data together with quantitative data will, however, lessen the information asymmetry between managers and investors.
The use of publicly available information for human capital analysis: case of three Australian companies - 2019.
30
The underlying assumption of this research paper is that the future performance of an organization cannot be based only on the fulfillment of mandatory requirements while ignoring other valuable indicators such as human capital. Analysis of the annual reports and company websites of three Australian corporations indicates that corporations complied with mandatory regulations and the ASX Corporate Governance Recommendations for the period 1999–2004. The study of the annual reports and sustainability reports of the companies demonstrates that these are valid sources for gathering information about corporate strategy, corporate governance mechanisms, restructuring programs, social and environmental performance, occupational and health concerns (OH&S), and economic performance. On the other hand, they provide little information on human capital besides the mandatory remuneration of executives and directors. Most of the human capital knowledge used to analyze the data in this research (regarding indicators of job characteristics, recruitment, training, career opportunities, rewards, and professional identity and culture) is not systematically part of the mandatory reporting requirements or the investment process. Use of qualitative data together with quantitative data will, however, lessen the information asymmetry between managers and investors.
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