A Study on Assessing the Influence of Human Resource Accounting on NSE-Listed Firms’ Value Bhardwaj Isha1,*, Bhardwaj Pradeep2 1Associste Professor, IMS Ghaziabad University Courses Campus, Ghaziabad–201015, Uttar Pradesh, India 2Professor, Lloyd Business School, Knowledge Park II, Greater Noida–201306, Uttar Pradesh, India *Corresponding author email id: isha.inc@gmail.com
Online Published on 20 January, 2024. Abstract This study examines the impact of employment benefit costs on the financial performance of businesses listed on the National Stock Exchange. Profit after tax, total assets, return on equity, debt equity ratio, and return on assets are treated as dependent factors in this study, whereas the amount spent on employment benefit costs is treated as an independent variable. The objective is to explore the relationship between employment benefit costs and these financial indicators. Data from 20 National Stock Exchange-listed companies over a 10-year period, sourced from annual reports, underwent panel data regression analysis using E-Views. The results reveal a significant correlation between the employment benefits expenses and profit after taxes, total assets, debt-to-asset ratio, return on equity, and return on assets. This research emphasize the positive impact of employment benefit costs on firms’ profitability. Top Keywords Human resource accounting, Corporate valuation, Human capital valuation, Return on equity, Return on assets, Total assets. Top |