The Impact of Human Asset Valuation Information on Stock Investment Decisions: An Empirical Study

Abstract

The main objective of the study is to find whether the reporting of information of human asset va luation in publis hed financial statements of the companies cause investment decision to be different and to find out whether any background variables have an impact on investment decision. 150 responses were obtained by using the questionnaire developed by the researcher havi n g human asset information (via human resource va luation model Singh, 2002) a long with traditional financial information of two companies. To te t the hypotheses, non parametric test i.e. MC Nemar test has been used . The results show that there is a sign ificant impact of the human asset valuation information on investors' decision regarding their selection of the company. It was reported that there wa no significant relationship between the four background variables: age, experience, educational qualifications, indu trial ector and company selection .