Valuing human resources: perceptions and practices in UK organisations.

Despite Government and academic interest in valuing human resources, there has been relatively little progress in reflecting the value of human resources in UK organisations. This research uses a survey questionnaire to identify perceptions and practices in the area of valuing human resources in three types of UK organizations; traditional companies, knowledge intensive companies and local authorities. The survey focuses on the importance of valuing human resources, current measurement practices, key barriers to the valuation of human resources and the progress expected in this field over five years in UK organisations. Although the majority of respondents identified that the measurement/valuation of human resources was important to their organization, only little or moderate progress in recognizing the worth of human resources in financial statements was expected. The main reasons for this were identified to be lack of understanding and support of the area by others in the organization, particularly senior management, lack of resources, uncertainty as to what information should be reported and lack of precision and reliability in current human resource measures. The research identified that there is more interest in the area from human resource professionals than accounting professionals and that valuation of human resources should be included in internal reports rather than reported externally. More research is now needed, both on conceptual models for valuing human resources within organizations and empirical research focusing on issues such as gaining commitment to valuing of human resources by senior management, the development of systems of valuing human resources, how systems to value employees, when developed, are implemented in organisations and the consequences, both intended and unintended of how the systems operate in practice

Development of company law in India : the case of the Companies Act 1956

The influence of culture and politics on the promulgation of accounting regulations in the Companies Act 1956 in India immediately post independence is analysed using an exploratory framework based on the work of McKinnon (1986) and Gray (1988). Within the framework, the process of change is analysed into three phases, a source phase, diffusion phase and reaction phase with all phases of change being influenced by intra-system activity, trans-system activity and the social and cultural context of India. In particular, the importance of the role of the Government within the process of accounting change is seen and the social context is seen to influence both the need for change and the process of change

The establishment of the Institute of Chartered Accountants of India (ICAI): the first step in the development of an accounting profession in post-independence India

This paper analyses the influence of culture and politics on the establishment of the Institute of Chartered Accountants of India (ICAI) using a theoretical framework, extending the work of Gray (1988) and McKinnon (1986) in which accounting change is analysed into three phases, a source phase, a diffusion phase and a reaction phase. The ICAI is established in a way which is in line with the cultural and social context of India with the ICAI set up under parliamentary charter promulgated through the parliamentary system and with government involvement in the council of the ICAI. In particular, the analysis shows the importance of the relationship between the state and the accounting profession in determining the outcome of accounting change, with in this case, the balance of power being in the hands of the Government

High energy electrons and emission of the omnidirectional synchrotron radiation in radio frequency and X-ray regions

High energy electrons and emission of galactic, omnidirectional synchrotron radiation in radio frequency and X rays region

Measurement of the Charged Splash and Re-entrant Albedo of the Cosmic Radiation

Proton and electron balloon measurements of splash and re-entrant cosmic ray albed

A study on Quantization Dimension in complete metric spaces

The primary objective of the present paper is to develop the theory of quantization dimension of an invariant measure associated with an iterated function system consisting of finite number of contractive infinitesimal similitudes in a complete metric space. This generalizes the known results on quantization dimension of self-similar measures in the Euclidean space to a complete metric space. In the last part, continuity of quantization dimension is discussed

Proton albedo spectrum observation in low latitude region at Hyderabad, India

The flux and the energy spectrum of low energy (30-100 MeV) proton albedos, have been observed for the first time in a low latitude region, over Hyderabad, India. The preliminary results, based on the quick look data acquisition and display system are presented. A charged particle telescope, capable of distinguishing singly charged particles such as electrons, muons, protons in low energy region, records the data of both upward as well as downward moving particles. Thus spectra of splash and re-entrant albedo protons have been recorded simultaneously in a high altitude Balloon flight carried out on 8th December, 1985, over Hyderabad, India. Balloon floated at an latitude of approx. 37 km (4 mb)