The Impact of Human Capital on a Company's Value: A Cross-Cultural Study

Human resource culture is the only attempt to determine the cost and value of the company's HR in terms of expenditures incurred through employment, social welfare culture, communication, training, development, and compensation. This study aims to look into the impact of human capital on a company's value. Using a purposive sampling method, both market capitalization and total assets were used to determine the value of the company; 40 companies from the Iraq Stock Exchange were chosen for research in 2018. We used a multiple regression model. Employee compensation has no significant impact on market capitalization, according to the findings of this study, whereas employee care and training expenses and profits have a positive and significant impact on market capitalization. Employee compensation has a significant and negative effect on total assets, according to the study, whereas employee care and training expenses and posttax profits have a moral and positive effect on total assets.