M.A. Thesis:

Human Resource Accounting and Profitability

Profitability means the ability to gain profit from all the business activities of an organization. Like physical assets and investments of the organization, the skilled and expert human resources are of paramount importance. Additionally, in order to increase the organization efficiency, the managers of the organizations always spend huge sums to improve the workers and employees' expertise. The present research aims to investigate the effect of human resources accounting on the profitability of the companies listed on the Tehran Stock Exchange. To this purpose, the data related to 130 companies active in the stock exchange during a 5-year period from 2013-2017 were collected and analyzed using panel data method and EViews software. According to the statistical tests, the research results revealed a significant positive relationship between human resources accounting and the return on assets (ROA) rate. Additionally, there is a significant positive relationship between human resources accounting and return on equity (ROE), but no significant relationship was observed between human resources accounting and return on capital employed (ROCE). The obtained results with regard to the selected variables of this research are in agreement with theoretical foundations and those obtained by most of the research studies on this area in Iran and other countries.

Keywords: Human resources accounting, Profitability, Return on assets (ROA) rate, Return on equity (ROE), and