A Markovian Model for the Valuation of Human Assets Acquired by an Organizational Purchase

Eric G. Flamholtz; George T. Geis; Richard J. Perle

A Markovian Model for the Valuation of Human Assets Acquired by an Organizational Purchase

Eric G. Flamholtz
, George T. Geis
, Richard J. Perle

Information Systems and Business Analytics

University of California Los Angeles

Research output: Contribution to journal › Article › peer-review

Abstract

A corporation acquires the assets and liabilities of a securities brokerage firm for a price in excess of net book value. A Markov analysis is used in conjunction with human resource accounting to value a pool of account executives employed by the brokerage firm. The tax implications of imputing a portion of the purchase price premium to the pool of human assets (as opposed to goodwill) are discussed.

Original language	American English
Pages (from-to)	11-15
Journal	Interfaces
Volume	14
State	Published - 1984

Disciplines

Finance and Financial Management

Cite this

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title = "A Markovian Model for the Valuation of Human Assets Acquired by an Organizational Purchase",

abstract = " A corporation acquires the assets and liabilities of a securities brokerage firm for a price in excess of net book value. A Markov analysis is used in conjunction with human resource accounting to value a pool of account executives employed by the brokerage firm. The tax implications of imputing a portion of the purchase price premium to the pool of human assets (as opposed to goodwill) are discussed.",

author = "Flamholtz, \{Eric G.\} and Geis, \{George T.\} and Perle, \{Richard J.\}",

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year = "1984",

language = "American English",

volume = "14",

pages = "11--15",

journal = "Interfaces",

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AU - Geis, George T.

AU - Perle, Richard J.

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PY - 1984

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N2 - A corporation acquires the assets and liabilities of a securities brokerage firm for a price in excess of net book value. A Markov analysis is used in conjunction with human resource accounting to value a pool of account executives employed by the brokerage firm. The tax implications of imputing a portion of the purchase price premium to the pool of human assets (as opposed to goodwill) are discussed.

AB - A corporation acquires the assets and liabilities of a securities brokerage firm for a price in excess of net book value. A Markov analysis is used in conjunction with human resource accounting to value a pool of account executives employed by the brokerage firm. The tax implications of imputing a portion of the purchase price premium to the pool of human assets (as opposed to goodwill) are discussed.

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M3 - Article

VL - 14

SP - 11

EP - 15

JO - Interfaces

JF - Interfaces

ER -

A Markovian Model for the Valuation of Human Assets Acquired by an Organizational Purchase

Abstract

Disciplines

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