ArticleOpen Access http://dx.doi.org/10.26855/ept.2025.12.003
Study on Value Quantification of Human Resource Management in Small and Medium-sized Enterprises from the Perspective of Human Capital Accounting
Yiran Ma
Master of Human Resource Management and Accounting, University of New South Wales, Sydney NSW 2052, Australia.
*Corresponding author: Yiran Ma
Published: November 14, 2025
Abstract
Against the dual backdrop of the digital economy and the transformation of Small and Medium-sized Enterprises (SMEs), the “hidden value” of Human Resource Management (HRM) has become a key bottleneck restricting SME development. Combining Human Capital Accounting (HCA) theory and Strategic HRM, this paper focuses on “value quantification” and explores the correlation between HRM activities and corporate financial value via literature review and SME case analysis. The study finds that SMEs can convert HRM activities (recruitment, training, retention) into calculable financial indicators through a three-stage framework of “cost accumulation—value conversion—performance connection”; lightweight digital tools are crucial to addressing “data silos and inefficient calculation”. This paper provides practical solutions for SMEs to demonstrate HRM value using accounting logic and supplements empirical references for HRM-accounting interdisciplinary micro-research.
Keyword
Human Capital Accounting; Small and Medium-sized Enterprises (SMEs); Human Resource Management (HRM); Value Quantification; Lightweight Digitization
References
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Copyright
© 2025 by the author(s).
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives (CC BY-NC-ND) license, which permits non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited and is not modified or adapted.
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How to cite this paper
Study on Value Quantification of Human Resource Management in Small and Medium-sized Enterprises from the Perspective of Human Capital Accounting
How to cite this paper: Yiran Ma. (2025) Study on Value Quantification of Human Resource Management in Small and Medium-sized Enterprises from the Perspective of Human Capital Accounting. Economic Perspectives and Trends, 2(2), 64-67.
DOI: http://dx.doi.org/10.26855/ept.2025.12.003