The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment

Gabriel Dwomoh; Williams Kwasi Boachie; Kofi Kwarteng

doi:doi:10.11648/j.jim.20150405.15

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The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment

Gabriel Dwomoh, Williams Kwasi Boachie, Kofi Kwarteng

Published in Journal of Investment and Management (Volume 4, Issue 5)

Received: 17 July 2015 Accepted: 1 August 2015 Published: 11 August 2015

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Abstract

The study examined the relationship between organizations’ acquired knowledge, skills, abilities and shareholders wealth with training playing the mediating role. The sample of the study consisted of organizations that spent 10% or more of its annual budget on training and those whose training budget is less than 10% of the organization’s annual budget. A total of 620 questionnaires were distributed to employees working in various organizations out of which 580 representing 93.5% were retrieved. The sample was drawn using convenience sampling. The data collection instrument was mainly questionnaires supported by the use of Regression models for analysis to be made. Analyzing multiple models, it was discovered that organizations training investment plays a considerable indirect and direct effect with partial mediation between organizations acquired skills, knowledge, abilities and shareholders wealth. Shareholders should allow their agents to invest part of their holdings to develop the human capital of the organization but this should be done with caution since shareholders returns do not depend much on how much organizations spend in developing its human resource capital.

Published in	Journal of Investment and Management (Volume 4, Issue 5)
DOI	10.11648/j.jim.20150405.15
Page(s)	171-179
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Skills, Knowledge, Abilities, Shareholders Wealth, Training Investment

References

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APA Style

Gabriel Dwomoh, Williams Kwasi Boachie, Kofi Kwarteng. (2015). The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment. Journal of Investment and Management, 4(5), 171-179. https://doi.org/10.11648/j.jim.20150405.15

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ACS Style

Gabriel Dwomoh; Williams Kwasi Boachie; Kofi Kwarteng. The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment. J. Invest. Manag. 2015, 4(5), 171-179. doi: 10.11648/j.jim.20150405.15

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AMA Style

Gabriel Dwomoh, Williams Kwasi Boachie, Kofi Kwarteng. The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment. J Invest Manag. 2015;4(5):171-179. doi: 10.11648/j.jim.20150405.15

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@article{10.11648/j.jim.20150405.15,
  author = {Gabriel Dwomoh and Williams Kwasi Boachie and Kofi Kwarteng},
  title = {The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment},
  journal = {Journal of Investment and Management},
  volume = {4},
  number = {5},
  pages = {171-179},
  doi = {10.11648/j.jim.20150405.15},
  url = {https://doi.org/10.11648/j.jim.20150405.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20150405.15},
  abstract = {The study examined the relationship between organizations’ acquired knowledge, skills, abilities and shareholders wealth with training playing the mediating role. The sample of the study consisted of organizations that spent 10% or more of its annual budget on training and those whose training budget is less than 10% of the organization’s annual budget. A total of 620 questionnaires were distributed to employees working in various organizations out of which 580 representing 93.5% were retrieved. The sample was drawn using convenience sampling. The data collection instrument was mainly questionnaires supported by the use of Regression models for analysis to be made. Analyzing multiple models, it was discovered that organizations training investment plays a considerable indirect and direct effect with partial mediation between organizations acquired skills, knowledge, abilities and shareholders wealth. Shareholders should allow their agents to invest part of their holdings to develop the human capital of the organization but this should be done with caution since shareholders returns do not depend much on how much organizations spend in developing its human resource capital.},
 year = {2015}
}

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TY  - JOUR
T1  - The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment
AU  - Gabriel Dwomoh
AU  - Williams Kwasi Boachie
AU  - Kofi Kwarteng
Y1  - 2015/08/11
PY  - 2015
N1  - https://doi.org/10.11648/j.jim.20150405.15
DO  - 10.11648/j.jim.20150405.15
T2  - Journal of Investment and Management
JF  - Journal of Investment and Management
JO  - Journal of Investment and Management
SP  - 171
EP  - 179
PB  - Science Publishing Group
SN  - 2328-7721
UR  - https://doi.org/10.11648/j.jim.20150405.15
AB  - The study examined the relationship between organizations’ acquired knowledge, skills, abilities and shareholders wealth with training playing the mediating role. The sample of the study consisted of organizations that spent 10% or more of its annual budget on training and those whose training budget is less than 10% of the organization’s annual budget. A total of 620 questionnaires were distributed to employees working in various organizations out of which 580 representing 93.5% were retrieved. The sample was drawn using convenience sampling. The data collection instrument was mainly questionnaires supported by the use of Regression models for analysis to be made. Analyzing multiple models, it was discovered that organizations training investment plays a considerable indirect and direct effect with partial mediation between organizations acquired skills, knowledge, abilities and shareholders wealth. Shareholders should allow their agents to invest part of their holdings to develop the human capital of the organization but this should be done with caution since shareholders returns do not depend much on how much organizations spend in developing its human resource capital.
VL  - 4
IS  - 5
ER  -

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Author Information

Gabriel Dwomoh

Institute of Entrepreneurship and Enterprise Development, Kumasi Polytechnic, Kumasi, Ghana
Williams Kwasi Boachie

Department of Accounting Education Studies Education, University of Education, Kumasi, Ghana
Kofi Kwarteng

School of Business, Takoradi Polytechnic, Takoradi, Ghana

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Plain Text BibTeX RIS

APA Style

Gabriel Dwomoh, Williams Kwasi Boachie, Kofi Kwarteng. (2015). The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment. Journal of Investment and Management, 4(5), 171-179. https://doi.org/10.11648/j.jim.20150405.15

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ACS Style

Gabriel Dwomoh; Williams Kwasi Boachie; Kofi Kwarteng. The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment. J. Invest. Manag. 2015, 4(5), 171-179. doi: 10.11648/j.jim.20150405.15

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AMA Style

Gabriel Dwomoh, Williams Kwasi Boachie, Kofi Kwarteng. The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment. J Invest Manag. 2015;4(5):171-179. doi: 10.11648/j.jim.20150405.15

Copy | Download

@article{10.11648/j.jim.20150405.15,
  author = {Gabriel Dwomoh and Williams Kwasi Boachie and Kofi Kwarteng},
  title = {The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment},
  journal = {Journal of Investment and Management},
  volume = {4},
  number = {5},
  pages = {171-179},
  doi = {10.11648/j.jim.20150405.15},
  url = {https://doi.org/10.11648/j.jim.20150405.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20150405.15},
  abstract = {The study examined the relationship between organizations’ acquired knowledge, skills, abilities and shareholders wealth with training playing the mediating role. The sample of the study consisted of organizations that spent 10% or more of its annual budget on training and those whose training budget is less than 10% of the organization’s annual budget. A total of 620 questionnaires were distributed to employees working in various organizations out of which 580 representing 93.5% were retrieved. The sample was drawn using convenience sampling. The data collection instrument was mainly questionnaires supported by the use of Regression models for analysis to be made. Analyzing multiple models, it was discovered that organizations training investment plays a considerable indirect and direct effect with partial mediation between organizations acquired skills, knowledge, abilities and shareholders wealth. Shareholders should allow their agents to invest part of their holdings to develop the human capital of the organization but this should be done with caution since shareholders returns do not depend much on how much organizations spend in developing its human resource capital.},
 year = {2015}
}

Copy | Download

TY  - JOUR
T1  - The Relationship Between Organizations’ Acquired Knowledge, Skills, Abilities (SKAs) and Shareholders Wealth Maximization: The Mediating Role of Training Investment
AU  - Gabriel Dwomoh
AU  - Williams Kwasi Boachie
AU  - Kofi Kwarteng
Y1  - 2015/08/11
PY  - 2015
N1  - https://doi.org/10.11648/j.jim.20150405.15
DO  - 10.11648/j.jim.20150405.15
T2  - Journal of Investment and Management
JF  - Journal of Investment and Management
JO  - Journal of Investment and Management
SP  - 171
EP  - 179
PB  - Science Publishing Group
SN  - 2328-7721
UR  - https://doi.org/10.11648/j.jim.20150405.15
AB  - The study examined the relationship between organizations’ acquired knowledge, skills, abilities and shareholders wealth with training playing the mediating role. The sample of the study consisted of organizations that spent 10% or more of its annual budget on training and those whose training budget is less than 10% of the organization’s annual budget. A total of 620 questionnaires were distributed to employees working in various organizations out of which 580 representing 93.5% were retrieved. The sample was drawn using convenience sampling. The data collection instrument was mainly questionnaires supported by the use of Regression models for analysis to be made. Analyzing multiple models, it was discovered that organizations training investment plays a considerable indirect and direct effect with partial mediation between organizations acquired skills, knowledge, abilities and shareholders wealth. Shareholders should allow their agents to invest part of their holdings to develop the human capital of the organization but this should be done with caution since shareholders returns do not depend much on how much organizations spend in developing its human resource capital.
VL  - 4
IS  - 5
ER  -

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