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",

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journal = "Interfaces",

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AU - Geis, George T.

AU - Perle, Richard J.

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PY - 1984

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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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