HUMAN CAPITAL DEVELOPMENT (HCD)
THROUGH OPEN, DISTANCE AND E-LEARNING:
Evidence From Corporate Annual Reports (Cars)
of Top South African Listed Companies
ABSTRACT
This paper discusses the role of open, distance and e-learning in the development of
human resources by examining human capital development related disclosures in the
corporate annual reports (CARs) of top South African listed companies. The study
employed content analysis method to analyse the CARs of these companies with the aid
of qualitative analysis software known as Atlasti. The results show that open, distance
and e-learning plays a significant role in the development of human capital in the new
economy organisations.