P. O. Okpako, E.N. Atube and O.H.Olufawoye
The aim of this study is to determine the relationship between human resource accounting and firm performance. This paper conducted a survey on seven (7) companies quoted on the Nigeria Stock Exchange. The study used primary data and secondary data. 260 questionnaires were distributed and 246 questionnaires were retrieved on the companies targeted at the staffs of human resource, accounting, and audit/internal control departments which were considered to be the relevant departments for this study. Following the collection of completed questionnaires, the study adopted the principle component analysis to quantify the responses obtained so as to obtain a series which captured the composite value of the human resource accounting variable. It also adopted firm performance indicator (ROE) over the period 2006-2010. The study reveals that human resource accounting variables impacted positively to the level of firm performance.