caerCentral Asian Economic ReviewCentral Asian Economic Review2789-43982789-4401Университет Нархоз10.52821/2789-4401-2023-4-6-14caer-907Research ArticleГОСУДАРСТВО И БИЗНЕС: ТЕОРИЯ И ПРАКТИКА УПРАВЛЕНИЯSTATE AND BUSINESS: THEORY AND PRACTICE OF MANAGEMENTВЛИЯНИЕ ИНВЕСТИЦИЙ В ЧЕЛОВЕЧЕСКИЙ КАПИТАЛ НА ФИНАНСОВУЮ УСТОЙЧИВОСТЬ КОМПАНИИINVESTMENTS IN HUMAN CAPITAL AND COMPANY’S FINANCIAL STABILITY: IS THERE ANY RELATION?АсановаА.AssanovaA.

Алматы

Assanova Aiman – PhD candidate, researcher

Almaty

Aimanas-sanova@gmail.comhttps://orcid.org/0000-0002-1162-9942МалаеваР.MalayevaR.

Алматы

Malayeva Raushan – PhD in Economics, Associate Professor

Almaty

Rauka.ru@mail.ruhttps://orcid.org/0000-0002-5688-7523ОспановаА.OspanovaA.

Алматы

Ospanova Aigerim Maratovna – PhD, lecturer

Almaty

Aigerim_marat@list.ruКазахский национальный педагогический университет имени Абая, Институт Сорбонна-КазахстанКазахстанKazakh National Pedagogical University named after Abai, Institute Sorbonne-KazakhstanKazakhstanКазахская национальная консерватория имени КурмангазыКазахстанKurmangazy Kazakh National ConservatoryKazakhstan20231511202304614Copyright © Асанова А., Малаева Р., Оспанова А., 20232023Асанова А., Малаева Р., Оспанова А.Assanova A., Malayeva R., Ospanova A.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://caer.narxoz.kz/jour/article/view/907

Цель исследования заключается в определении влияния инвестиций в человеческий капитал на финансовое состояние крупнейших частных компаний Республики Казахстан, а также разработке рекомендаций для компаний по созданию лучших финансовых стимулов для сотрудников.

Методология исследования – использовались панельные данные десяти компаний за 2022 год. Анализ данных включает переменные, такие как количество сотрудников, размер компании, выручка, обучение, квалификация и другие подобные курсы, предоставленные компаниями.

Оригинальность / ценность исследования – существует множество исследований, анализирующих, как сотрудники влияют на компанию, однако большинство из них имеют качественный характер исследования. Авторы, в свою очередь, применяют количественное моделирование и анализируют крупные компании в Казахстане.

Результаты. Наши результаты показывают, что количество сотрудников имеет статистически значимый положительный влияние на выручку. Большее количество сотрудников ассоциируется с более высокой выручкой.

The purpose of the research is to identify the impact of the investments in human capital on the general financial conditions of the largest private companies of the Republic of Kazakhstan, as well as to develop recommendations for companies to have better financial incentives for employees.

Research methodology – there was applied panel data of ten companies throughout the 2022 year. The data analysis includes the variables of the number of employees, company size, revenue, trainings, qualifications and other similar courses, provided by the companies.

Originality/value of the research – there are a lot of studies, that analyze how employees make an impact on company, however most of them have qualitative way of research. Authors, in turn, apply quantitative modelling and analyze the largest companies in Kazakhstan.

Findings. Our findings show that the number of employees appears to have a statistically significant positive impact on revenue. More employees are associated with higher revenue.

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The authors declare that there are no conflicts of interest present.