Economic Annals-XXI: Volume 211, Issue (11-12), Pages: 27-32
Citation information
Sharopova, N., Zaxidov, G., Khudayberganov, Kh., Rakhmonova, F., Matkarimov, I., & Berdibaev, M. (2024). The impact of human resource development on social capital dimensions and financial performance: a case study of companies active in IT. Economic Annals-XXI, 212(11-12), 27-32. doi: https://doi.org/10.21003/ea.V212-05
Nafosat Sharopova
PhD (Marketing),
Associate Professor,
Tashkent State University of Economics
49 Islom Karimov Str., Тashkent, 100066, Uzbekistan
n.sharopova@tsue.uz
ORCID ID: https://orcid.org/0000-0001-9595-0655
Gafurdjan Zaxidov
PhD (Education),
Director,
Kokand University
28-A Turkistan Str., Kokand, Fergana, 150700, Uzbekistan
g.zaxidov@kokanduni.uz
ORCID ID: https://orcid.org/0009-0006-9877-1138
Khudaybergan Khudayberganov
PhD student (Agriculture),
Researcher,
Urgench State University
14 Kh. Alimdjan Str., Urganch, Khorezm, 220100, Uzbekistan
xudaybergan.x@urdu.uz
ORCID ID: https://orcid.org/0009-0003-5484-5471
Feruza Rakhmonova
PhD (Economics),
Senior Lecturer,
Samarkand State University of Architecture and Civil Engineering named after Mirzo Ulugbek
70 Lolazor Str., Samarqand, 703004, Uzbekistan
feruzaraxmonova2202@gmail.com
ORCID ID: https://orcid.org/0009-0001-4700-4207
Inomjon Matkarimov
PhD (Economics),
Associate Professor,
Department of Economy,
Mamun University
989Q+6V, Khiva, Xorazm Region, 220900, Uzbekistan
inomjon.matkarimov0303@gmail.com
ORCID ID: https://orcid.org/0000-0002-6783-8591
Maman Berdibaev
PhD (Pedagogics),
Nukus State Pedagogical Institute named after Ajiniyaz
FJ99+FPH, Nukus, The Autonomous Republic of Karakalpakstan, 230100, Uzbekistan
maman2223780@mail.ru
ORCID ID: https://orcid.org/0009-0004-1263-2184
The impact of human resource development on social capital dimensions and financial performance: a case study of companies active in IT
Abstract. The present study aimed to identify the components of human resource development in order to improve the performance of Uzbek IT companies in two dimensions: social capital and financial performance. The type of research was quantitative-qualitative in terms of its purpose, application, and method, based on the method of data collection during 2020-2024 in IT companies in Uzbekistan. In the qualitative phase, by reviewing the literature and research background and talking to experts in the field of human resources and IT companies, the components of the two dimensions of social capital and financial performance were extracted, and then by forming a Delphi panel consisting of 15 experts in five rounds, the final components were identified. In the quantitative phase, 165 companies were selected based on the Morgan table. Sampling was carried out using the stratified sampling method. The results of structural analysis showed that all three dimensions have a significant role in the development of human resources of companies, and based on the T-test, the prioritization of all three dimensions was determined. Therefore, the results of the research showed that the components of the two dimensions of social capital and financial performance have an impact on human resource development, leading to increased knowledge and skills, improved attitude and motivation of employees, and consequently increased financial and operational performance of companies.
Keywords: Human Resource Development; Social Capital; IT Company; Financial Performance
JEL Classifications: Е24; Е41; Е64; I18; J28; J31
Acknowledgements and Funding: The authors received no direct funding for this research.
Contribution: The authors contributed equally to this work.
Data Availability Statement: The dataset is available from the authors upon request.
DOI: https://doi.org/10.21003/ea.V212-05
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Received 29.08.2024
Received in revised form 19.09.2024
Accepted 23.09.2024
Available online 28.12.2024