INVESTMENT IN HUMAN CAPITAL AS A SIGNIFICANT SEGMENT IN THE MODERN CORPORATE GOVERNANCE

Abstract

Modern corporate governance is aimed at maintaining a balance between economic and social goals, as well as between individualsgoals and community goals. A corporate governance framework should encourage the efficient use of resources while insisting on accountability on the part of those who manage the resources. The goal is to bring the interests of individuals, companies and society as close as possible. The dynamics of today’s living, the speed with which this technical – technological and information revolution is developing, imposes the need to emphasize how important it is to invest in human capital and what are the benefits of investing in employees, who contribute to the greatest extent to improving performance of the company and greater business success. Humanity knows various eras, each of them with its own features, characteristic of the period in which it appears, develops and “dies out”, but one thing is surely: the foundation of all eras, is man and his knowledge. Only man, besides all the machines, appliances, devices and technological aids is a link in the chain that will always be missing so that the cogwheel can turn. The man in “business language” is a security in which it is always worth and should be invested.