Title: The influence of management capital on enterprise performance
Authors: Andrej Bertoncelj, Darko Kovac
Addresses: University of Primorska, Faculty of Management, Cankarjeva 5, SI-Koper, Slovenia. ' CO&DA Ltd., Partizanska 22b, Bled SI-4260, Slovenia
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.
Keywords: management capital; human value added; Kolbe method; conative competency; corporate performance; innate action mode; small and medium-sized enterprises; SMEs; Slovenia; human captial.
International Journal of Management and Enterprise Development, 2008 Vol.5 No.4, pp.444 - 461
Published online: 16 Jun 2008 *Full-text access for editors Access for subscribers Purchase this article Comment on this article