MICECH: An Integrated Model of Strategic Accounting and Human Capital Management for Organizational Value Creation
DOI:
https://doi.org/10.71112/asfdev91Keywords:
strategic accounting, human capital, talent management, financial performance, MICECH model, intangible assetsAbstract
Strategic accounting is undergoing a transformation driven by the growing weight of intangible assets in value creation, acknowledged by the IASB when it launched a review of IAS 38 in 2024. This article develops a conceptual model integrating strategic accounting with human capital management to measure its impact on financial performance. Through a review of academic literature (2021-2026) and theoretical triangulation —Human Capital Theory, the Resource-Based View, and the causal logic of the Balanced Scorecard— the article proposes the Integrated Model of Strategic Accounting and Human Capital Management (MICECH), structured across four layers: baseline human capital, talent management and analytics, accounting-financial translation, and integrated strategic performance. The evidence reviewed confirms a positive relationship between human capital management, ESG performance, and financial performance, concentrated in the United States, with a marked empirical gap in Latin America. MICECH constitutes an original contribution bridging disconnected disciplines.
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Copyright (c) 2026 Jovana Ellis de Grimes, Ariadna Yanis, Catalina Núñez (Autor/a)
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