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作者 Wright, Warren
書名 The Relationship Between Training Program Investment and Company Financial
國際標準書號 9781267188144
book jacket
說明 87 p
附註 Source: Dissertation Abstracts International, Volume: 73-06, Section: A, page:
Adviser: Jeffrey Prinster
Thesis (Ph.D.)--Walden University, 2012
Businesses managers have a cash outlay of millions of dollars every year to train their employees. Human capital theory addresses the intangible asset created by the relationship between businesses and employees; however, the lack of tangible asset criteria can result in the misdiagnoses of economic shifts. Although Kirkpatrick theorized a connection between training and financial results, there is no empirical evidence in the literature that the investment a business makes in training has positive financial impact. A population consisting of 82 nationally ranked businesses and training programs was used to examine the relationship between the annual budgeted training expense and financial results as measured by a standard global metric; earnings before interest, taxes, depreciation, and amortization (EBITDA).. Data were extracted from the public financial results that were presented for the years 2007, 2008, 2009, or 2010. Pearson correlations failed to confirm a statistically significant association linking training budgets with annual EBITDA financial results. It was concluded that future studies should examine more micro-level connections between specific measures of financial impact and associated training costs. The study contributes to positive social change by assisting business analysts in designing more effective strategies of building human capital to support a skilled and competitive workforce
School code: 0543
Host Item Dissertation Abstracts International 73-06A
主題 Business Administration, Accounting
Economics, Finance
Alt Author Walden University. Applied Management and Decision Sciences
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