FEAS RESEARCH E-BULLETIN FEAS RESEARCH E-BULLETIN DECEMBER 2017 | Page 15

Author: Yılmazer, Berkant
Title: The Invisible Capital
Supervisor: Assoc. Prof. Dr. Adil Oran
Department: Business Administration
Date: March 2017
Abstract: This thesis analyzes the human capital and aims develop techniques to recognize human
capital under Statement of Financial Position. National Basketball Association (NBA) players were
used as a sample group because professional athletics are human intensive and players are the most
valuable assets for their teams. The study includes the NBA team rosters for seasons between 2005-
06 and 2013-14. A final list of 2,059 contracts for 774 players were grouped under three headings as
“Option”, “Minimum Salary” and “Cap Space” contracts in order to analyze the effect of field
statistics on contract values. The results indicate that field statistics have an impact on contract
values and the contract values determined by the market could be used to capitalize human capital.
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