RESEARCH ON THE IMPACT OF HETEROGENEOUS HUMAN CAPITAL ON ENTERPRISE VALUE-- BASED ON THE EMPIRICAL TEST OF CHINESE LISTED STEEL COMPANIES

1,2 HAN Weixue
Co-authors:
1 SAMOLEJOVA Andrea 1 YAO Wenlong 2 WANG Wenjuan
Institutions:
1 VSB - Technical University of Ostrava, Ostrava, Czech Republic, EU, weixue.han.st@vsb.cz
2 Wuhan Business University, School of Economics, Wuhan, Hubei, People's Republic of China, Kelly.wbu@outlook.com
Conference:
31st International Conference on Metallurgy and Materials, Orea Congress Hotel Brno, Czech Republic, EU, May 18 - 19, 2022
Proceedings:
Proceedings 31st International Conference on Metallurgy and Materials
Pages:
854-861
ISBN:
978-80-88365-06-8
ISSN:
2694-9296
Published:
30th June 2022
Proceedings of the conference have already been published in Scopus and we are waiting for evaluation and potential indexing in Web of Science.
Metrics:
220 views / 102 downloads
Abstract

Based on the samples of Shanghai and Shenzhen listed companies in China's steel industry from 2015 to 2020, this paper establishes a fixed effect model to analyze the influence of heterogeneous human capital on enterprise value. The results show that the knowledge-based human capital has less positive impact on the enterprise value of steel enterprises, but the technology-based human capital has a significant impact on them. Therefore, compared with knowledge-based human capital, steel enterprises should pay more attention to the accumulation of technology-based human capital in the process of development to promote the improvement of enterprise value.

Keywords: Heterogeneous human capital, enterprise value, steel enterprises

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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