The Impact of Human Resource Accounting Information on Stock Investment Decisions: An Empirical Study.
This paper reported on an experiment designed to answer two questions. Firstly, does human resource accounting information affect stock investment decisions? Secondly, why might human resource accounting information affect stock investment decisions? Related to the first question, in this experiment stock investment decisions were affected by the addition of human resource accounting information to conventional accounting information. Concerning second question, the results of this experiment indicate that the degree of openness of the belief system is not important in explaining decision differences when human resource accounting information is added to conventional accounting information. In conclusion, this research is based on an experiment. The administration of such an experiment occurs under somewhat artificial conditions. Because this study was an experiment using graduate students as subjects, the conclusions of this study cannot be generalized to other decision situations or statement user groups. However, the favorable results of this experiment should justify the additional research that would permit more general conclusions.
- DOI
- 10.2308/tar-4492051
- Volume
- 51 (2)
- Pages
- 292-305
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref