Do rating agencies impound workforce human capital information into default risk assessments?
(2023)
Journal Article
Mali, D., & Lim, H. (2023). Do rating agencies impound workforce human capital information into default risk assessments?. Accounting Forum, 1-26. https://doi.org/10.1080/01559982.2023.2235873
No accounting policy exists to mandate that employee-level human capital (ELHC) must be included on Annual Reports. Because structured ELHC information is rare, the association between ELHC and credit ratings (risk) is not demonstrated in the extant... Read More about Do rating agencies impound workforce human capital information into default risk assessments?.