IJSTR

International Journal of Scientific & Technology Research

Home About Us Scope Editorial Board Blog/Latest News Contact Us
0.2
2019CiteScore
 
10th percentile
Powered by  Scopus
Scopus coverage:
Nov 2018 to May 2020

CALL FOR PAPERS
AUTHORS
DOWNLOADS
CONTACT

IJSTR >> Volume 2- Issue 10, October 2013 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



Determining The Contribution Of Human Resource Accounting (HRA) On Financial Statement Of Nigerian Banks Using The Mantel Test Analysis

[Full Text]

 

AUTHOR(S)

Ijeoma, N., Bilesanmi, A. O., Aronu, C. O.

 

KEYWORDS

Keywords: Communication, First Bank, Zenith Bank, Resemblance, Staff, Organization, Management

 

ABSTRACT

ABSTRACT: Human resource accounting is viewed as the process of identifying, measuring and communicating information about human resources in order to facilitate effective management within an organization where, the various decisions relating to hiring, training, developing, conservation, recruiting, allocation and selection of employees have to be made by the top management of any organization. This study examines the contribution of human resource accounting on the financial statement of banks in Nigeria using the Mantel Test Analysis. The method of data collection used in this study is field survey method which involved the use of questionnaire and interview. From the findings, it was observed that there exist a strong positive resemblance between the responses of Zenith Bank Plc staff and responses of First Bank Plc staff with an association of 98.43% and a p-value of 0.00 which falls on the rejection of the hypothesis assuming 95% confidence Interval. Also, it was concluded that the application of human resource accounting measures, management of banking Institutions will see its human resource as assets to be maximized rather than expenses to be minimized, which will lead to greater productivity in most of the key areas that guarantees the success of the institution.

 

REFERENCES

[1]. Narayan, R. “A New Paradigm in the Era of Globalization”. Asian Journal of Management Research, 2010, pages 237-244 .

[2]. Parameswaran, R. and Jothi, K. “ Human Resource Accounting”. The Chartered Accountant Journal, 2005, 53(7): 867-874.

[3]. Gul, A. “An empirical study of the usefulness of human resource turnover costs in Australia Accounting firms”. Journal of Accounting, organization and Society 1984; 5-11..

[4]. Steven, H.A. and Hannie, H. “Accounting for Human Resources”. Manager Auditing Journal, 1993, 8(2): 23-27.

[5]. Grojer, J. and Johansson, U. “Current Development in Human Resource Costing and Accounting”. Accounting, Auditing and Accountability Journal, 1998,11(4): 495-506.

[6]. Moore, R. “Measuring How ‘Human Capital’ Appreciates in Value over Time”. Plant Engineering, 2007, 61(4): 29-30.

[7]. Bullen, M.L. “Human Resource Accounting: A useful Tool for Measurement and Management in Organizations”. Leadership and Organizational Management Journal, 2007, 5: 85-103.

[8]. Davidove, E. A., and Schroeder, P. A. “Demonstrating ROI of Training”. Training and Development Journal, 1992, 46(8): 70-71.

[9]. Johanson, U. and Mabon, H. “The Personnel Economics Institute after Ten Years: What has been Achieved and where we are we going?” Journal of Human Resource Costing and Accounting, 1998, 3 (2): 65-76.

[10]. Legendre, P. “Comparison of Permutation Methods for the Partial Correlation and Partial Mantel Tests”. J. Statist. Comput. Simulation, (67), 37 – 73; 2000.

[11]. Mantel, N. T. “The Detection of Disease Clustering and a Generalized Regression Approach”. Cancer Res., 27, 209 – 220, 1967.

[12]. Hubert, L. J. & Schultz, J. “Quadratic Assignment as a General Data Analysis Strategy”; British Journal of Mathematical and Statistical Psychology, 29, 190-241; 1976.

[13]. Aronu, C. O, Ebuh, G. U. “Application of Mantel’s Permutation Technique on Asphalt Production in Nigeria”. International Journal of Statistics and Applications, 2013, 3(3): 81–85.

[14]. Aronu, C. O, Ebuh, G. U., Ogbogbo, G. O., Bilesanmi, A. O. “Partial Mantel Analysis on Estimating the Resemblance of Students Performance.” International Journal of Scientific and Engineering Research, 2013, 4(7): 2269-2273.

[15]. Aronu, C. O, Ebuh, G. U., Ogbogbo, G. O., Bilesanmi, A. O. “Measuring the Resemblance in Weight of two Group of Broiler Birds using the Mantel Test Analysis.” International Journal of Agriculture and Forestry, 3(4), 145-151, 2013.

[16]. Dalgaard, P. Introductory Statistics with R. Springer, NY; 2002.