Business Services Industry
Analysts learn to love the touchy-feely.
Australasian Business Intelligence, May, 2007
Byline: Fiona Smith
May 28, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Shareholders are becoming increasingly important to the issue of employee rights. AMP Capital ranks "intangibles" as being worth 77 per cent of a company's value, which includes an ability to attract talent and retain employees. Mike Murray, head of AMP's Sustainable Alpha Team, has confirmed that the best companies view human capital or resources as a competitive advantage. Macquarie Bank downgraded the National Australia Bank in 2005 due to low staff engagement or morale.
Publication Date: 29 May 2007
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