A company is usually founded by individuals striving to achieve their own or broader goals. Goal achievement related to a company＇s operations is called business or the business process. Human capital （man＇s work, ...A company is usually founded by individuals striving to achieve their own or broader goals. Goal achievement related to a company＇s operations is called business or the business process. Human capital （man＇s work, employees） is an important element of the business process, however its value is not disclosed on the assets side of the classical balance sheet. In order to shown assets, human capital has to be evaluated. Evaluation can be made in monetary or non-monetary terms. Non-monetary models for evaluating human capital include organisational and behavioural variables. These variables are not expressed in monetary terms, however, based on changes in their quality, one can assume the increased or decreased value of human capital within the company. The value of non-monetary models should not be underestimated, however monetary models are of greater importance. In this article, the most significant non-monetary and monetary models of human capital evaluation are discussed. Among non-monetary models the Michigan, Flamholz, and Ogan models are discussed. Among monetary models the replacement costs model, the opportunity costs model, the discounted wages and salaries model, and originally created dynamic model are discussed. A descriptive approach is used to identify the basic characteristics of existing models for evaluating human capital. According to these findings a different approach is taken in developing an original model. Dynamic model can efficiently overcome most of the practical problems and can be used as an appropriate estimator of human capital value expressed in monetary terms. The research limitations are that the dynamic model has not been sufficiently verified in practice. The model could prove to be directly applicable in those enterprises that would like to define the value of their human capital.展开更多
In today＇s knowledge-based economy, the role played by human capital in the determination of the market value of a firm is recognized. To be able to persist in the open competition, entities are forced to invest incr...In today＇s knowledge-based economy, the role played by human capital in the determination of the market value of a firm is recognized. To be able to persist in the open competition, entities are forced to invest increasingly in the professional training of their employees. Inconsistent with this rising importance is the prohibition to capitalize professional training cost according to international accounting standards （IAS） 38.69 （b）. Highly qualified employees ensure competitive advantages and thus lead to an increase in shareholder value. Regarding the financial statement as a primary source of information, it does not seem reasonable to leave such a valuable resource completely unnoticed in the balance sheet. Consequently, a truthful representation of a firm＇s asset should take training costs into account. This article pleads for a limitation of this general legal prohibition and analyzes under which premises those expenditures for training can comply with the common criteria of capitalization according to IAS 38.展开更多
Virtualization is a common technology for resource sharing in data center. To make efficient use of data center resources, the key challenge is to map customer demands （modeled as virtual data center, VDC） to the ph...Virtualization is a common technology for resource sharing in data center. To make efficient use of data center resources, the key challenge is to map customer demands （modeled as virtual data center, VDC） to the physical data center effectively. In this paper, we focus on this problem. Distinct with previous works, our study of VDC embedding problem is under the assumption that switch resource is the bottleneck of data center networks （DCNs）. To this end, we not only propose relative cost to evaluate embedding strategy, decouple embedding problem into VM placement with marginal resource assignment and virtual link mapping with decided source-destination based on the property of fat-tree, but also design the traffic aware embedding algorithm （TAE） and first fit virtual link mapping （FFLM） to map virtual data center requests to a physical data center. Simulation results show that TAE＋FFLM could increase acceptance rate and reduce network cost （about 49% in the case） at the same time. The traffie aware embedding algorithm reduces the load of core-link traffic and brings the optimization opportunity for data center network energy conservation.展开更多
With the advent of the era of aesthetic capitalism in the late 20th century, aesthetics and art exude enormous political potential. In contemporary aesthetic field, Utopia is breaking through the existing model and di...With the advent of the era of aesthetic capitalism in the late 20th century, aesthetics and art exude enormous political potential. In contemporary aesthetic field, Utopia is breaking through the existing model and disintegrating into the paradoxical ＂Heterotopia＂ or ＂Dystopia （anti-utopia）＂ with its revolutionary and negative power. It engages in politics, society and life with its reflexivity and anew assesses and activates aesthetical language and perceptive experience, The popularity of the engagement of aesthetics and art is the new modeling road of Utopia aiter its contemporary disintegration.展开更多
文摘A company is usually founded by individuals striving to achieve their own or broader goals. Goal achievement related to a company＇s operations is called business or the business process. Human capital （man＇s work, employees） is an important element of the business process, however its value is not disclosed on the assets side of the classical balance sheet. In order to shown assets, human capital has to be evaluated. Evaluation can be made in monetary or non-monetary terms. Non-monetary models for evaluating human capital include organisational and behavioural variables. These variables are not expressed in monetary terms, however, based on changes in their quality, one can assume the increased or decreased value of human capital within the company. The value of non-monetary models should not be underestimated, however monetary models are of greater importance. In this article, the most significant non-monetary and monetary models of human capital evaluation are discussed. Among non-monetary models the Michigan, Flamholz, and Ogan models are discussed. Among monetary models the replacement costs model, the opportunity costs model, the discounted wages and salaries model, and originally created dynamic model are discussed. A descriptive approach is used to identify the basic characteristics of existing models for evaluating human capital. According to these findings a different approach is taken in developing an original model. Dynamic model can efficiently overcome most of the practical problems and can be used as an appropriate estimator of human capital value expressed in monetary terms. The research limitations are that the dynamic model has not been sufficiently verified in practice. The model could prove to be directly applicable in those enterprises that would like to define the value of their human capital.
文摘In today＇s knowledge-based economy, the role played by human capital in the determination of the market value of a firm is recognized. To be able to persist in the open competition, entities are forced to invest increasingly in the professional training of their employees. Inconsistent with this rising importance is the prohibition to capitalize professional training cost according to international accounting standards （IAS） 38.69 （b）. Highly qualified employees ensure competitive advantages and thus lead to an increase in shareholder value. Regarding the financial statement as a primary source of information, it does not seem reasonable to leave such a valuable resource completely unnoticed in the balance sheet. Consequently, a truthful representation of a firm＇s asset should take training costs into account. This article pleads for a limitation of this general legal prohibition and analyzes under which premises those expenditures for training can comply with the common criteria of capitalization according to IAS 38.
基金This research was partially supported by the National Grand Fundamental Research 973 Program of China under Grant （No. 2013CB329103）, Natural Science Foundation of China grant （No. 61271171）, the Fundamental Research Funds for the Central Universities （ZYGX2013J002, ZYGX2012J004, ZYGX2010J002, ZYGX2010J009）, Guangdong Science and Technology Project （2012B090500003, 2012B091000163, 2012556031）.
文摘Virtualization is a common technology for resource sharing in data center. To make efficient use of data center resources, the key challenge is to map customer demands （modeled as virtual data center, VDC） to the physical data center effectively. In this paper, we focus on this problem. Distinct with previous works, our study of VDC embedding problem is under the assumption that switch resource is the bottleneck of data center networks （DCNs）. To this end, we not only propose relative cost to evaluate embedding strategy, decouple embedding problem into VM placement with marginal resource assignment and virtual link mapping with decided source-destination based on the property of fat-tree, but also design the traffic aware embedding algorithm （TAE） and first fit virtual link mapping （FFLM） to map virtual data center requests to a physical data center. Simulation results show that TAE＋FFLM could increase acceptance rate and reduce network cost （about 49% in the case） at the same time. The traffie aware embedding algorithm reduces the load of core-link traffic and brings the optimization opportunity for data center network energy conservation.
文摘With the advent of the era of aesthetic capitalism in the late 20th century, aesthetics and art exude enormous political potential. In contemporary aesthetic field, Utopia is breaking through the existing model and disintegrating into the paradoxical ＂Heterotopia＂ or ＂Dystopia （anti-utopia）＂ with its revolutionary and negative power. It engages in politics, society and life with its reflexivity and anew assesses and activates aesthetical language and perceptive experience, The popularity of the engagement of aesthetics and art is the new modeling road of Utopia aiter its contemporary disintegration.
