Perceptions of Human Capital Measures: From Corporate Executives and Investors

Purpose

This study compared the perceptions of executives and investors in terms of the importance to disclose human capital measures and their knowledge of those measures.

Design/methodology/approach

Forty-nine senior-level executives (41% response rate) from service-oriented, public-listed companies in Australia and 33 investors (47% response rate) from various fund management companies responded to our survey.

Findings

The investors indicated the importance to disclose certain human capital measures more than the executives. The executives appeared to show a better understanding than the investors on indicators such as staff satisfaction index, staff capacity, motivational index, workforce stability, and workforce competence profile.

Implications

To date, researchers have explored human capital from a piecemeal perspective. A more integrated and multifaceted measure of human capital has the potential to benefit fund managers and executives. Disclosure of value added by employees, composition of staff (full-time, contract, or temporary), staff turnover, average years of experience, and average age of management and operational staff would shed some light on investment decisions for fund managers. Executives could utilize the measures to reflect on an assortment of human capital issues that are relevant to their organizations and stakeholders, especially the investment community.

Originality/value

This study proposed a more inclusive measure of human capital by integrating traditional measures of human capital and non-accounting measures (e.g., educational level, experience, and motivation). A comparison of the perspectives of executives and investors revealed preferences for certain information, which can help to improve the perception of transparency and accountability.     

Navigating the Pathway to Leader Emergence in Self-Managed Work Groups Over Time: Should I Self-Promote and Try to Emerge Initially as a Leader?

Despite literature revealing the negative effects of self-promotion on important outcomes for women in interviews, there is limited attention on whether this relationship exists in a peer-to-peer context (e.g., self-managed work groups). Whereas men’s self-promotion is vital to attain interview success, work has shown that self-promoting men are not viewed favorably in a peer-to-peer setting. Moreover, most self-promotion research has focused on a single time point. It is thus a puzzle as to whether and when one should use self-promotion to emerge as a leader in a self-managed work group over time. My study addresses this gap. A longitudinal study spanning a thirteen-week period and involving 165 participants distributed across 44 self-managed work groups was performed. The results showed that, for women, there was a negative effect of self-promotion on leader emergence, and its effects subsequently accumulated. For men, self-promotion was critical to their leader emergence. The findings also indicated that emerging as a leader at the onset of a project serves as a springboard for subsequent leader emergence. Contrary to existing work, gender salience in work groups does not reduce over time. The present findings imply that managers need to be aware of possible biases in leader emergence ratings resulting from self-promotion if such ratings are utilized in their promotion decisions. Despite progressive improvements made with respect to gender-related issues over the years, societal expectations of gender norms in work groups appear to persist.

     

Gender Differences in the Relationships between Parental Marital Conflict,Differentiation from the Family of Origin,and Children’s Marital Stability

Abstract

This study aimed to examine gender differences in the relationships between parental marital conflict, differentiation from the family of origin, and children’s martial stability. Data were collected from 453 married individuals in South Korea. The results revealed that parental marital conflict was directly related to children’s marital stability albeit only among married men. Emotional cutoff and family projection mediated the relationship between parental marital conflict and children’s marital stability among men and women, respectively. These findings can be used to develop gender-specific evidence-based interventions that enhance marital stability (e.g., programs for married and premarital couples).     

Effect of Socioeconomic Status on the Linkage Between Suicidal Ideation and Suicide Attempts

Previous suicide attempts are a leading risk factor for completed suicide. To identify specific characteristics of those at high risk for attempts, we investigated associations with socioeconomic status (SES). Data from the 2013 Korean Community Health Survey (KCHS) included adults who reported suicidal ideation (N = 220,245). Attempts in the past 12 months were assessed. Associations of demographic, socioeconomic, and suicide‐related behavioral factors were analyzed using multiple logistic regression. Among those with suicidal ideation, 862 (3.9%) had attempted suicide. After stratification by age and gender, results showed that low education and unemployed young adult men and women had significantly higher rates of attempts. The lowest income level was associated with significantly higher rates of attempts in only young adult women. Among those with the lowest and highest income, the association between ideation and attempts was attenuated, whereas it was enhanced among other income groups.     

Loving thy work: developing a measure of work passion

ABSTRACT

Passion for work has become increasingly valued, as reflected by its ubiquity in popular and empirical discourse. Yet we lack scientific consensus on the definition of work passion, and a reliable, well-validated measure of work passion that is relevant to workers across various vocations. In this paper, we identified and integrated key themes from existing scientific conceptualizations into a precise definition: Passion for work means to strongly identify with a line of work that one feels motivated to engage in and derives positive affect from doing. We developed a 10-item Work Passion (WP) scale, which we tested across multiple studies with a total of 858 adults, including working adults from two different English-speaking cultural backgrounds (i.e., United States and Singapore), and a two-wave study of employees from various vocations. Our results showed that work passion is associated with a host of beneficial outcomes, including greater career commitment, lower levels of job burnout, less work-home conflict, and fewer physical symptoms. Our research (1) provides an integrated definition of work passion, (2) offers a reliable, cross-culturally tested scale, and (3) highlights important implications for work outcomes associated with being passionate towards one’s line of work.     

Application of family therapy theory to complex social issues: using the WebQuest in family therapy training

This paper describes how the WebQuest is used to foster critical thinking and application of theory to complex social problems in a Master's level class on contemporary family therapy theories. The issue of child trafficking and prostitution is explored through the web‐based inquiry learning where scaffold learning is provided. Scaffolding includes resource links and guidance on cognitive and social skills, which are provided to facilitate the learner's development. The WebQuest design includes the task, the process and the evaluation rubrics. Student feedback on the WebQuest was positive and included increased motivation in learning, critical thinking and global awareness.