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The Possibility of Developing an Appropriate Framework for Reflecting Information and Making Decisions on the Human Capital

Author

Listed:
  • Ciurea Maria

    (University of Petrosani)

  • Man Mariana

    (University of Petrosani)

Abstract

The rapid evolution of the economic environment, under the influence of constantly moving factors, leads to rapid changes in economic theory. The rapidity with which they follow, also influences aspects of information reflection and decision making in the field of human capital. In order for the information and processes of decision-making in the field of human knowledge not to risk being mistaken, a good knowledge and interpretation is necessary. Consequently, through this scientific approach, we considered a schematic presentation from which to identify the stages of creation and use of information necessary for the use of human capital, establishing a parallel regarding the allocation of resources in the field of physical capital. Therefore, making the right decisions in stocktaking and human capital flows will contribute both to economic development and raising the standard of living, as well as to the responsibility of governments and individuals.

Suggested Citation

  • Ciurea Maria & Man Mariana, 2018. "The Possibility of Developing an Appropriate Framework for Reflecting Information and Making Decisions on the Human Capital," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 234-239, December.
    • Handle: RePEc:ovi:oviste:v:xviii:y:2018:i:2:p:234-239
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    References listed on IDEAS

    as
    1. Mariana Man & Maria Macris, 2015. "Integration Of Corporative Governance Into Organisation’S Social Responsibility System," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 11(2), pages 100-114, June.
    2. Konstantinos Angelopoulos & James Malley & Apostolis Philippopoulos, 2017. "Human Capital Accumulation and Transition to Skilled Employment," Journal of Human Capital, University of Chicago Press, vol. 11(1), pages 72-105.
    3. Chang, Ching-Fu & Wang, Ping & Liu, Jin-Tan, 2016. "Knowledge spillovers, human capital and productivity," Journal of Macroeconomics, Elsevier, vol. 47(PB), pages 214-232.
    4. Mariana Man & Maria Ciurea, 2016. "Transparency of Accounting Information in Achieving Good Corporate Governance. True View and Fair Value," Social Sciences and Education Research Review, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 3(1), pages 41-62, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Human capital; physical capital; decisions; information flow; investment;
    All these keywords.

    JEL classification:

    • A19 - General Economics and Teaching - - General Economics - - - Other
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • M29 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Other
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation

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