The Effect of Human Resources Accounting Activities on Business Performance: A Sectoral Application on the BIST

Abstract

Purpose – It is the determination of the effect of Human Resources Accounting activities on business performance. For this purpose, a sectoral evaluation was made on the companies traded in the BIST. Design/methodology/approach – Within the scope of the research, the financial reports and activity reports of the enterprises for the years 2020 and 2021 were accessed thanks to the Public Disclosure Platform. In order to measure the performance of the enterprises thanks to the financial statements, the Asset Profitability Ratio, Net Profit Margin and Equity Profitability Ratios for the years 2020 and 2021 were determined. The Human Resources Accounting Statements scale developed by Mamun (2009) was used to determine the human resources accounting activities of the enterprises. The data digitized by the Human Resources Accounting Index and the profitability ratios were analyzed with the SPSS 22.0 package program and the findings were obtained. Findings – In companies operating in the manufacturing sector, it has been determined that human resources accounting activities have a positive and significant effect on business performance. It has been determined that human resources accounting activities have a positive and significant effect on net profit margin, return on assets and return on equity in both years. It has been determined that the human resources accounting activities of the companies operating in the financial institutions sector only affect the return on equity positively and significantly. Discussion – As a result of the evaluations made on the basis of the sector, contrary to the general expectation, it can be said that the effect (return on equity, net profit, return on assets) determined in the companies that continue their activities in the manufacturing sector is more extensive than the effect (return on equity) in the companies that continue their activities in the financial institutions sector. It can be said that the effect in the manufacturing sector is stronger in 2020 and in the financial institutions sector in 2021.