The influence of management capital on enterprise performance
by Andrej Bertoncelj, Darko Kovac
International Journal of Management and Enterprise Development (IJMED), Vol. 5, No. 4, 2008

Abstract: Human capital is becoming more important than economic capital in today's knowledge society. Presented in this study is a financial yardstick for measuring management capital efficiency and human value added, as well as its practical implementation on a research sample of 154 managers in Slovene small and medium enterprises. This study suggests that Slovene managers are not prone to risk taking and dealing with unknowns; moreover, they are neither sufficiently flexible nor intuitive. Study provides a framework for investigation of the role and value add of management.

Online publication date: Mon, 16-Jun-2008

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