The Conversion From Value Distribution To Value Participation

As the humanity society developing, the importance of human resources comparing to material resources in the society production is more significant. It has become the core resources of the enterprises. The request of the property right of human resources is getting more and more intense. After the concept of human capital raised, human resources accounting had been developing under the calling of the new epoch. One of the important developing aspects is thinking how we could consider the calculation and reflection from the angle of the enterprise interests sharing mechanism and then put it into use of the practice of human resources management. The interests sharing mechanism of owners of human resources and owners of material resources is a matter relate to admitting to the property rights of human capital and the operation efficiency of human assets and the operation level and the ability to profit. However, most of the practices in society economics have not admit the property right of human resources. The ways of practice concerning to the interest allocation is value distribution. The owners of the material capital realize the previous practice giving the staff wage only would not adapt the request of actual situation as the age of knowledge economics coming, in order to protect the rights of maintenance and proliferation of their material capital, they apply a lot kinds of means to control, to impel the staff including Stock Option. This is the value distribution disserted in this paper. As the society developing, the importance of human resource will get more and more significant and the trend is value participation. After the property rights of human resources were accepted, the owners of human capital and owners of material capital of enterprises would participate in value base on the foundation of property rights. The value participation can be divided into two sections: the compensatory participation in order to maintaining capitals and the profit participation in order to proliferation. The foundation of implementation of the value participation is the developing and consummating of human resources accounting. The calculation of human resource accounting will provide support indispensable.The key difference between the value distribution and the value participation is the way deals with the property rights of human capital. The value distribution is under the logic of capital employing labour. It denies the mortgage of human capital. The property rights of human capital are not implemented. The human assets and human capital were not introduced into the accounting system. The value distribution is impel the human capital avoiding the property rights of human capital. Whereas the value participation implement the property rights of human capital and the value participation between owners of human capital and owners of material capital based on property rights and achieve the self-motivation of human capital.The chapter one and two of this paper proposed and analyzed the concept of the value distribution and the value participation. The chapter three analyzed the trend and change from the value distribution and value participation. The chapter four discussed the rudimental concrete contents of the value participation。...