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Perspectives Paper: Human Capital

IVSC

Human Capital is the foundation from which all intangible assets are created, yet our understanding of Human Capital value creation and rigor around value measurement is less evolved than other intangible assets. Evidence suggests that investors require more information on the impact Human Capital has on enterprise value.

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The Board’s Oversight of Employee Voice

Harvard Corporate Governance

We reconvened in 2022 to research a topic of increasing importance: board oversight of human capital management, with a specific focus on employee voice. We define “employee voice” as the perspectives, interests, and needs of the workforce.

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Perspectives Paper: Rethinking Brand Value

IVSC

In Parts 1 and 2 of our series, we examined the Case for Realigning Reporting Standards with Modern Value Creation and took a deep dive into human capital value creation and measurement. In this paper, Part 3 of our series, we take a deeper dive into brands and reputation value creation. Download the paper.

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Perspectives Paper: Deciphering Technology

IVSC

It is the object of the current series of Perspective Papers the IVSC has published. In Parts 1 and 2 of our series, we examined the “Case for Realigning Reporting Standards with Modern Value Creation” and focused on human capital. In this paper, the fourth of our series, we address the topic of technology valuation.

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Corporate Human Capital Disclosures: Early Evidence from the SEC’s Disclosure Mandate

Harvard Corporate Governance

This post is based on their recent paper. Human capital is a critically important source of corporate value creation in the modern economy, yet disclosures related to what executives commonly refer to as their “most important asset” have been extremely limited relative to those of other asset classes. Strine, Jr.

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How History Sheds Light on the Limits of Fraud Prevention

Reynolds Holding

In a new paper, I argue that an answer may be found in the very long history of fraud, and the concomitantly long history of fraud prevention. While we may imagine that fraud is a modern phenomenon enabled by complex financial systems, the corporate structure, and modern capitalism, fraud is, in fact, an eternal feature of human society.

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Data Update 4 for 2024: Danger and Opportunity - Bringing Risk into the Equation!

Musings on Markets

Second, in our zeal to measure risk with numbers, we have lost sight of the reality that the effects of risk are as much on human psyche, as they are on economics. If you are interested, you can review the process that I use in far more detail in this paper that I update every year on country risk.