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TETMHC 2022 : Call for Chapters: The Economics of Talent Management and Human Capital
TETMHC 2022 : Call for Chapters: The Economics of Talent Management and Human Capital

TETMHC 2022 : Call for Chapters: The Economics of Talent Management and Human Capital

USA
Event Date: May 22, 2022 - February 05, 2023
Abstract Submission Deadline: June 15, 2022
Submission Deadline: October 13, 2022
Notification of Acceptance: January 22, 2023
Camera Ready Version Due: February 23, 2023




Call for Papers

Interdisciplinary approach to the concept of talent. First contribution that summarizes and reconciles the most recent advancements in the definition of human capital and its relationship with the concept of creativity. Written by experts in the field of human capital as well as creativity Since 1960 the U.S. economy has moved from largely financing the exploitation of natural resources to making the most of talent. The rewards to executives and financiers have skyrocketed as a result. But over the past two decades or so, the author argues, it has become increasingly clear that much of this talent is trading value rather than creating it: The fastest-growing group on the Forbes 400 list is hedge fund managers. What’s more, stock-based incentives, which were intended to align the interests of top executives with those of long-term shareholders, are actually encouraging CEOs to serve the interests of short-term traders. The losers in this game are employees engaged in routine work, whose rewards are shrinking or whose jobs are disappearing. This state of affairs has created a growing—and unsustainable—inequality of income. Martin suggests that three things must happen if we are to avoid radical and talent-hostile steps imposed through the ballot box: (1) Talent must exert some self-discipline and lower its expectations. (2) Investors—primarily pension and sovereign wealth funds—must prioritize value creation. That means not voting in support of stock-based compensation and no longer supplying hedge funds with large amounts of capital or lending them stock. (3) Government should regulate the relationship between hedge funds and pension funds (if the latter don’t do so voluntarily), tax “carried interest” as ordinary income, tax trades, and revisit the overall tax structure.


Credits and Sources

[1] TETMHC 2022 : Call for Chapters: The Economics of Talent Management and Human Capital


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