The impact of human resource accounting on financial performance(case study: Industry-oriented companies admitted to the Tehran stock exchange)

Abstract

Human resources have a significant role in the development of the organization. Human resource accounting helps measure the cost and value of the organization's human resources and helps managers make critical decisions about employees. This study mainly investigates the impact of human resource accounting on financial performance in industry-oriented companies admitted to the Tehran Stock Exchange by using the panel data approach from 2001-2017. The results show that organizational profitability has a positive and significant effect on human resource accounting, and asset return and stock return have a negative but insignificant effect on human resource accounting.