Title : Impact of Human Recource Investment on Firm Value
Authors:
- Irene Kristanti Linggardjaja
- ISNALITA ISNALITA
Department : Accounting
Journal Name : Journal of Accounting and Business
Kinds of Journal : Sinta 2
Keywords : Human Capital; Human Resource Investment; Firm value
ABSTRACT
This study Attempts to investigate the effect of human resources (HR) investment that has been done by a firm. Human Resource Investment Became The Main Focus of this Research because HR is one of the key factors of a firm's success. Howver, a great hr investment cost a lot of money that not every firm is going to take risks. The objective of this study is to find out current hr investment, in the form of training and education, create value for the firm. Tobin's Q is used as a firm value proxy. This study uses multiple linear regression methods for hypothesis testing and use probability sampling method with simple random sampling technique on non-finance companions listed in Indonesian stock exchanges 2013-2017. Final Sample of this Study is 540 Firm-Years. The result of this study does not support the initial proposition: HR Investment Does Not Have Significant Impact in Creating Values for Companies.
For details
