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The effects of competencies on the company value
[Vliv kompetencí na hodnotu společnosti]

Author

Listed:
  • Kamila Růžičková

    (Ústav podnikové ekonomiky, Mendelova univerzita v Brně, Zemědělská 1, 613 00 Brno, Česká republika)

  • Petr Novák

    (Ústav managementu, Fakulta podnikatelská, Vysoké učení technické v Brně, Kolejní 2906/4, 612 00 Brno, Česká republika)

Abstract

Competent management of a company is an important generator of a company value. The aim of the article is to provide detailed academic discussion of the human capital potential and its effects on the value of the company. Attention is paid especially to the definition of the human resources in this context and possible measurability, assuming what can be measured, can be increased. Although the company value can be measured by financial analyses tools, we have in the article moved on to the empirical dimension and provide a theoretical framework of the represented issue. Firstly, we stressed the importance of knowledge in the society of today, secondly, we outlined the indispensability of the intellectual capital for the companies and after that we dealt with the human capital itself, both competences and competencies and their measurability. Based on the partial results, the figure describing the creation of company value was formed; we identified important variables and one of the triggers of these variables.All findings are supported with the literature review e. g. Andreissen (2004), Boddy (2008), Kubeš, et al. (2004), Marinič (2008), Stewart (1998) and Sullivan (2000).

Suggested Citation

  • Kamila Růžičková & Petr Novák, 2010. "The effects of competencies on the company value [Vliv kompetencí na hodnotu společnosti]," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 58(6), pages 415-420.
  • Handle: RePEc:mup:actaun:actaun_2010058060415
    DOI: 10.11118/actaun201058060415
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