Decision On Human Capital Investment Financial Analysis

1,Background and SignificanceHuman capital is regarded as the emphasis of core competence build in the intellectual economics times, because it is the most essential resource of value addition. As the crises of unrecycle resource and the pursuit of unsimulate competition advantages, it is more important to take hold of it than others. So companies would like to invest more from materials to human resource. This change make Human resource investment analysis becomes a hot issue both in the circles of theory and practice. As a statistical capital, Human capital invest demands an integral and dynamical analysis for its high earning with high-risk characters. However, so far the research at home and abroad has put particular emphasis on human assets value but neglected human capital invest analysis in terms of finance,especially in statistics. This paper aims to systematically construct the framework of human capital investment decision methods in line with its special characters.2,Structure and ContentsThe existent study can't fit the special requirements of human capital investment and management account development, because they always use economical profit to measure its effect or haven't a systematical analysis. To make up of these disappointments, this paper go out of companies, throws the view of market environment and stands on the point of employee to design a whole possess of human capital investment, including plan, appraisal and control.Firstly, we introduce the theories and definitions relating to human capital investment. Then we give the value chain analysis and activity management methods to describe how to determine the human capital investment orient and goals. In the following, the text carries on qualitative models of cost-effect as the human capital invest feasibility analysis. By this step, human capital invest decision has not finished yet, because the makers need to know how the plan is going and what the real effect is. That means we should build a thorough appraisal on economic and uneconomic way to get the feedback. So the text details on effect appraisal and possess control by an index system and four layers analysis to complete the whole decision-make.Follow the thread above,The basic structure is arranged as follows: Chapter 1,we mainly describe the thesis purpose, significance and the situation of existent study in abroad and home. Beside that, we also introduce the paper's structure and the human capital investment decision traits under the statistical management accounting.Chapter 2, is a summarize of the human capital theories and discuss related definition of human capital. This chapter is used as the academic foundation of the enterprise's human capital investment.Chapter 3,we elaborate how to use the value chain to analysis competition advantage and locate human capital investment on both inner and outer value chain. At the same time, we carry on actuation identification to describe the application of activity management on human capital investment. Then,we divide the human capital invest analysis on marginal utility into two category to discuss the human capital structure. One is the balance of material and human capital; another is the substitute relationship between various forms in the human capital.Chapter 4,we mainly analyzed the human capital investment cost and income evaluation contents and some cost-income models. We use examples to introduce how to separate general contribution including material and human capital income by two dimension line model, and introduce three classic models to analyze the economical feasibility of human capital invest.Chapter 5 , mainly builds a thorough index appraisal system including economic and uneconomic effect, and use a four layers appraisal model to turn the decision-making after appraisal to possess control. At last, we use the barrel principal to summarize some important notices in the human capital investment and expect enterprises can make decision on continuable development. We also points out this paper's innovation and disadvantages, as well as the direction in the future study.3,Method and InnovationsIn this text,our research method is always guided with the value orient. On the usage of concrete research method,we mainly use induce and deduce,the history and logics combine together and normative study with substantial evidence. This paper refers to some methods and theories of Accounting, Economics, Management, Psychology, Statistic and so on. We have use many static and dynamic analysis, statistics and tactics analysis, economic and uneconomic appraisal to make human capital investment decision fit for future environment. Through this decision system companies, companies can put the investment to the most important activities and react faster in front of change.4,Innovation Lack and Future research directionThe research of enterprise human capital investment only is start in china. So we expect to build an analyze system of human capital investment which considers from the statistic view,microcosmic view,personal and organization view etc. we have pay attention to already for of research result, which is affirmed and accept the history data,and concentrate on expand and innovation. On this foundation,we set up the value chain analysis and activities management to form the basis of human capital investment, and use the marginal utility analysis to discuss its best structure. When it comes to income evaluation, we use two-dimension line model to separate general contribution including material and human capita. Finally we set up a thorough index appraisal system combined with qualitative and quantitative information, and design a four layers appraisal model to accomplish the decision-making from the possess control.In addition,because of author's level and conditional restricts,in this text,we have not yet applied all the method on the econometrical problem of business enterprise human capital, and some study also did not go deeply into the research. Therefore,these problems need to deserve further research and make it perfect of direction for the domestic scholars.