THEORETICAL CONTENT OF HUMAN CAPITAL AND ITS COMPOSITION

Authors

  • N.V. Bondarchuk Dnіpro State Agrarian and Economic University, Ministry Of Education and Science of Ukraine, Depertment of Accounting, Audit and and Management of Financial and Economic Security S.Efremova str., 25, Dnipro, 49600

DOI:

https://doi.org/10.15330/apred.1.14.10-18

Keywords:

human capital, components of human capital, accounting concept of human capital

Abstract

The article is devoted to the study of the theoretical content of human capital and its main components. The purpose of the study is to determine the theoretical content of the concept of «human capital» as an object of accounting and its components. It is established that the central place in the process of transition to the knowledge economy is given to a person who should have high creative potential, to be a highly skilled professional. According to its professionalism, the results of intellectual, innovative activity and success in an innovative economy depend accordingly.

It was discovered the main definitions of “human capital” in the writings of economists. It is stated that man and his productive abilities occupy a central place in psychological, pedagogical and socio-economic sciences. Differences in the interpretation of this definition depend on: first, the separation of the components of human capital (capital of health, intellectual capital, mobility, motivation, culture, creative abilities, talent, upbringing, mentality, adaptability); - secondly, in the sphere of human capital use (economic, social, psychological, pedagogical, managerial, accounting category).

To form a complete understanding of the essence, features of human capital and its significance in various spheres of business entities substantially disclosed elements of the category under investigation. The main components of human capital are identified: capital of health, intellectual capital, mobility, motivation, culture, creative abilities, talent, education, mentality, adaptability). In the course of the research, the functions of each component of human capital are specified.

The main areas of further research are the specification of the accounting principles and procedures of the human capital, the formation of common methodological approaches in the methods of assessment of human capital.

Author Biography

N.V. Bondarchuk, Dnіpro State Agrarian and Economic University, Ministry Of Education and Science of Ukraine, Depertment of Accounting, Audit and and Management of Financial and Economic Security S.Efremova str., 25, Dnipro, 49600

доктор державного управління, профecop

References

1. Baker, W. Achieving Success Through Social Capital: tapping the hidden resources in your personal and business network, University of Michigan Business School, 2000.
2. Grishnova, O.A. “Human, intellectual and social capital of Ukraine: essence, interconnection, assessment, directions of development.” Social-Labor Relations: Theory and Practice, no.1, 2014. Vernadsky National Library of Ukraine, nbuv.gov.ua/UJRN/stvttp_2014_1_5. Accessed 1 Mar. 2018.
3. Davidyuk, T.M. “Human capital as a component of enterprise capital.” Journal of ZHDTU, no.4(46), 2008, pp. 56-60.
4. Dobrynin, A.I., Dyatlov, S.A., and E.D. Tsyrenova. Human capital in a transitive economy: scholarly publication, 1999.
5. Flamholtz, E.G. Human Resource Accounting, Dickenson Publishing Co, 1974.
6. Korolyuk, N.M. “Human Capital as an Object of Accounting Methodology.” Actual problems of economy: scientific economic journal, no.7(97), 2009, pp. 252-261.
7. Naumchuk, O.A. “Problems of human capital accounting.” Trade and the market of Ukraine: thematic collection of scientific works, Vol. 29, DonNUET, 2010.
8. Pochinok, N. “Human Resources in Accounting Theory and Practic.” Economic Analysis, no. 6, 2010, pp. 141-144.
9. Trofimchuk T.M. “Genesis of the Theory of Human Capital.” Scientific Bulletin of the International Humanitarian University, no. 16, 2016, pp. 29-35.Vernadsky National Library of Ukraine, nbuv.gov.ua/UJRN/Nvmgu_eim_2016_16_8 . Accessed 1 Mar. 2018.
10. Petty, W. Political Arithmetick. 3rd ed., 1690, www.marxists.org/reference/subject/economics/petty/index.htm. Accessed 1 Mar. 2018.
11. Resler, M.V. “Human capital as an object of accounting.” Scientific Visnik of the International Humanitarian University, no. 12, 2015, pp. 231-234. Vernadsky National Library of Ukraine, nbuv.gov.ua/UJRN/Nvmgu_eim_2015_12_54. Accessed 1 Mar. 2018.
12. Ricardo, D. Principles of political economy, Batoche Books, 2001, socialsciences.mcmaster.ca/econ/ugcm/3ll3/ricardo/Principles.pdf. Accessed 1 March 2018.
13. Smith, A. The wealth of nations, MetaLibri, www.ibiblio.org/ml/libri/s/SmithA_WealthNations_p.pdf Accessed 1 Mar. 2018.
14. Schulz, T.W. “Human Capital: Policy issues and research opportunities.” Human resources, vol. 6, 1975.
15. Yadransky, D.M. “Equity accounting: the answer to the challenges of our time.” Economic Theory and History of Economic Thought, no. 1-2, 2012, pp. 21-23.

Downloads

Published

2018-04-26

How to Cite

Bondarchuk, . N. (2018). THEORETICAL CONTENT OF HUMAN CAPITAL AND ITS COMPOSITION. The Actual Problems of Regional Economy Development, 1(14), 10–18. https://doi.org/10.15330/apred.1.14.10-18

Issue

Vol. 1 No. 14 (2018): THE ACTUAL PROBLEMS OF REGIONAL ECONOMY DEVELOPMENT"

Section

Human capital development

License

Authors who publish with this journal agree to the following terms:
    1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution NonCommercial NoDerivs 4.0 Unported License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
    1. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  1. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access)