Companies devote most of their time on the analysis and accounting of tangible assets, but there are no processes to analyse and measure intellectual capital Intellectual capital has become a popular term that influences the total value of the organisation Intellectual capital is creating wealth and adding value to the organisations, The purpose of the research is to conduct literature study on intellectual capital as a creator of wealth and shareholder value for an organisation The research will show the three different components of intellectual capital, which are human capital, structural capital and relationship capital When these three components are combined they form intellectual capital In order for intellectual capital to be managed properly this components must be identified by the company and used effectively as these components rely on each other in order for the company to succeed in achieving their goals All relevant information with relation to intellectual capital was gathered from research on the Internet and from documents or sources. / Mr. C. Scheepers

This study consists of a critical evaluation of the role of the cost of capital as a "risk-adjusted" discount rate in the economic analysis of capital investments. In conventional theory, the cost of capital is formulated as a discount rate which serves as a financial standard, in accordance with one variation or another of the following definition: The cost of capital is the minimum acceptable rate of return that a proposed investment in real assets must offer in order to be worthwhile undertaking from the stand-point of the current owners of the firm. Unfortunately, theorists have found it difficult to incorporate a proper measure of risk into the specification of the cost of capital as a single-valued rate of discount. Ezra Solomon, among others, has avoided much of the difficulty by assuming that all projects to be evaluated are of a quality, in respect to uncertainty of future earnings, which is "homogeneous" with the quality of earnings attributed to existing operations. The problem of dealing with investments of a quality significantly different from earnings from existing assets is largely unresolved. This study consists of an analysis of the relationship which should exist between a project's risk and the cost of capital appropriate to its evaluation. The analysis rests upon several simplifying assumptions regarding the behavior of investors and capital markets; and employs for its investigation two models of risk and valuation: The classical certainty-equivalence model and John Lintner's recently derived risk asset valuation and portfolio selection model. In recognition of certain weaknesses in the conventional discounted cash flow approaches to capital project evaluation, several theorists including David B. Hertz and Frederick S. Hillier, have proposed that Monte Carlo Simulation and analytical-statistics methods be employed to account for risk by generating stochastic expressions for valuation indices. To the extent that the expression of probabilistic valuation indices depends upon a "risk-adjusted" cost of capital discount rate, there exists the inconsistency of "double accounting for risk;" once in the cost of capital, and once again in the stochastic expression of the indices themselves. This study assesses the relevance of the cost of capital as a discount rate in the generation of stochastic discounted cash flow indices. The investigation disclosed that: (1) the cost of capital is a derived variable consisting of a complex function of the risk-free rate of interest, and the expected values and risk parameters of earnings expectations of the firm, the project concerned, and securities comprising the market as a whole; that (2) the cost of capital is essentially inefficient as a means of accounting for risk because its correct derivation depends upon the employment of a valuation model which is of itself both sufficient and more direct as a means of evaluation; and (3) that the cost of capital, as a "risk-adjusted" rate of discount is both inappropriate and irrelevant for employment in the generation of stochastic expressions of valuation indices. / Business, Sauder School of / Graduate

En este escenario de globalización, donde el conocimiento es la nueva base de la competitividad, las organizaciones afrontan desafíos que exigen de manera inminente, la identificación y medición de activos intangibles que representan el Capital Intelectual para que puedan gestionarse efectivamente y lograr los niveles de competitividad que el mundo actual exige. El trabajo de investigación titulado “Modelo de Medición del Capital Intelectual en Carreras Acreditadas de Ingeniería Industrial del Perú”, propone el diseño de un modelo de medición del Capital Intelectual (CI), el mismo que se logró luego de identificar los factores generadores de valor e inductores de éxito, teniendo en cuenta los componentes del Capital Intelectual: Capital Humano, Capital Estructural, Capital Relacional y Capital Social, los cuales se analizaron a través de un estudio de casos. Este modelo de medición del Capital Intelectual obtenido como resultado de la presente investigación, fue validado empíricamente a través de una muestra de 100 docentes, obtenida de cuatro (04) Carreras Acreditadas de Ingeniería Industrial del Perú; los resultados muestran que el Capital Intelectual se encuentra en una ventaja competitiva diferenciadora, habiendo alcanzado una valoración del 63,54%, en donde el Capital Humano tiene la más alta valoración respecto del Capital Estructural, con un 24,02%, seguida del Capital Estructural con un 16.5%, el Capital Relacional con 13,98% y, finalmente, el Capital Social, con 9,05%; utilizando Redes Bayesianas se han determinado doce factores que tienen influencia significativa en el Capital Intelectual y los impactos que ellas generan. Se propone un software aplicativo para la medición y gestión del Capital Intelectual.

Economic activities are lacking in many townships around South Africa. The newly developed Reconstruction and Development Programme townships are also facing the problem of encouraging economic activities. These townships are always criticized for being overcrowded by the people who are unable to support economic activities because of lack of capacity to be employed. This study adopted assets pentagon method to find the assets which the people have in the township which they can use to support and encourage economic activities in the area. Assets Pentagon method includes social and political capital, human capital, physical capital, financial capital and natural capital. The availability of these assets in the township will be vital to encourage and support economic activities

Thesis (Ph. D.)--University of North Carolina at Chapel Hill, 2005. / Includes bibliographical references (leaves 173-186).

Thesis (Ph. D.)--New School for Social Research, New York, 1979.

Tesis para optar al grado de Magíster en Finanzas / Autor, no envía autorización para acceso a texto completo de su documento / En el vertiginoso mundo que vivimos siempre han existido variables sociales, económicas, políticas y sumado a que las empresas desean crecer cada día más aspirando a generar mayores rentabilidades, por eso es de suma importancia tomar una buena decisión de financiamiento para alcanzar una estructura de capital óptima, por lo tanto esta investigación pretende saber ¿Cuál es la relación de las decisiones de financiamiento de la estructura de capital sobre rendimiento financiero?. Para desarrollar este tema, se utilizó como base la investigación realizada por Saeedi y Mahmoodi (2011), puesto que ellos efectuaron un estudio similar analizando la relación entre ambas variables en empresas iraníes. Estos autores Saeedi y Mahmoodi (2011) consideraran tres factores de rendimiento retorno sobre los activos (ROA), retorno sobre el capital (ROE) y Q de Tobin estas como variables dependientes y por otro lado tres medidas estructurales del capital deuda corto plazo, deuda largo plazo y deuda total como variables independientes. Llegando a los siguiente resultados en su país. Entre la deuda corto plazo y Q´de Tobin existe una “relación positiva” al igual que los beneficios por acción, asociada a la estructura de capital, en cambio con respecto al ROA hay una “relación negativa”, por otro lado el ROE no posee una “relación significativa” con respecto a la estructura de capital. La forma de abordar la investigación es mediante una serie de modelos de regresión pero no solo para datos con dimensión transversal sino que además tienen una dimensión temporal, es por ello que se harán modelos para datos de panel para las empresas participantes de los principales índices bursátiles de Chile, Perú y Colombia como también para el MILA (Mercado Integrado Latinoamericano).

"This research examines the relationship between United States Navy Human Resource (HR) officers assigned work activities as described by Total Force Manpower Management System (TFFMS) commercial activity (CA) function codes with Society for Human Resource Management (SHRM) body of knowledge standards. A review of the current HR officer career field and HR competencies was performed. A total of (N=661) cases were drawn from TFMMS and comprised the data set used in factoring HR officers' CA function codes with the body of knowledge standards prescribed by the Society for Human Resource Management. This study enumerates HR officers working in HR related work activities as defined in the SHRM body of knowledge and those who are performing non-HR related work in the Navy."-- p. v.

M.Phil. (Human Resource Management) / The purpose of the study was to establish the Human Capital Value’s competence construct theoretical underpinnings by investigating perspectives, definitions, frameworks, models, variables, and measures based on levels of analysis. The research design followed on a theoretical (non-empirical) research approach, based on a systematic literature. The approach allowed for a content analysis, via the application and computer assisted qualitative data analysis software, ATLAS.ti. The findings revealed that individual and team level competence consists of variables such as knowledge, skills, abilities, and attributes that include both the application of behavioural and functional capabilities. Organisation level competence relies on core competencies’ resources and capabilities responsible for maintaining its competitive advantage. Furthermore, the findings have established that there is a significant lack of standardised competence frameworks, models, and measures. The implication of this study needs to be empirically validated, since it was based on a non-empirical systematic literature review.

Thesis (M. P. A.)--University of Hong Kong, 2006. / Title proper from title frame. Also available in printed format.