Social capital inequality and capital structure of new firms in a developing country: the role of bank ties

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Vi Dung Ngo ◽  
Quang Evansluong ◽  
Frank Janssen ◽  
Duc Khuong Nguyen

PurposeThis article aims to clarify the role of social capital and social capital inequality embedded in bank ties in enabling and diversifying new firms' debt use.Design/methodology/approachThe study adopts a quantitative method, using an unbalanced longitudinal dataset covering three years–2011, 2013 and 2015–from a project on small manufacturing enterprises in Vietnam. The sample consists of 513 firm-year observations.FindingsNetwork extensity and network mobilisation increase new firms' debt use. Differences in ascribed and attained social statuses (i.e. gender, generation, business association membership and political affiliation) result in social capital inequality between entrepreneurs. Entrepreneurs who are of a younger generation, have higher levels of education and are not members of the Communist Party benefit less from social capital than those who are older, have less education and are party members.Originality/valueThe effects of access to and the use of the social capital embedded in bank ties on new firms' debt use are both studied. The sources of social capital inequality are investigated at the individual level through distinguishing ascribed and attained social statuses and explained by two mechanisms: capital deficit and return deficit. The moderating effects of social capital inequality are also examined.

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xueyan Zhang ◽  
Xiaohong Wang ◽  
Wei Zhao

PurposeEffective knowledge integration is vital for decision making in interdisciplinary research (IDR) teams. However, there is a lack of knowledge about the antecedents of knowledge integration. This study aims to examine how social capital at different levels and their interaction influences knowledge integration in IDR teams. Specifically, this study explores the moderating role of team social capital in the relationship between individual social capital and knowledge integration.Design/methodology/approachA survey on 346 individuals from 46 IDR teams in a research university in China is conducted. A multilevel analysis of the hierarchical linear model is used to process the sociometric data.FindingsResults reveal that team social capital interacts with individual social capital by influencing knowledge integration. At the individual level, tie strength and structural equivalence have a positive influence on knowledge integration. There is an inverted U-shaped relationship between betweenness centrality and knowledge integration. Furthermore, team cohesion negatively moderates the positive effect of tie strength and structural equivalence on knowledge integration. No support is found for the moderating role of team cohesion on the effect of betweenness centrality.Originality/valueFirst, different from previous research on social capital at single levels, this study links the individual-level and the team-level views to explore the effects of social capital on knowledge integration. Second, this study enriches research on inducing factors of knowledge integration. Third, this study extends social capital research and knowledge integration research to the IDR team context.


2019 ◽  
Vol 39 (9/10) ◽  
pp. 812-830
Author(s):  
Anson Au

Purpose The purpose of this paper is to review the study of social capital focused on the level at which it is embodied, cross-comparing two prominent camps that have emerged in the social capital literature: a communal level and an individual level. Design/methodology/approach This paper reviews the intersections and departures between communal level and individual level conceptualizations of social capital according to the social dynamics of action within social exchanges that they stimulate, the processes by which social capital is activated/mobilized and the rewards they yield, and their linkages to inequality through network diversity. Findings This paper articulates new directions for future research in social capital: more analytical precision for studying returns to social capital; more efforts to transcend the individual-communal divide; the depreciation of social capital or tie decay; and recognizing the importance of ties whose value does not come from the ability to provide instrumental gain, but just from their very existence. Originality/value Social capital has informed many influential agendas in the social sciences, but the sheer volume of which has largely gone unscoped. This paper reviews this literature to provide an accessible introduction to social capital, organized by social processes foundational to sociology and a novel contribution to the literature by articulating new directions for future research in the area.


2021 ◽  
Vol 42 (3) ◽  
pp. 184-196
Author(s):  
Maja Dorota Wojciechowska

PurposeSocial capital, understood as intangible community values available through a network of connections, is a factor in the development of societies and improving quality of life. It helps to remove economic inequalities and prevent poverty and social exclusion, stimulate social and regional development, civic attitudes and social engagement and build a civic society as well as local and regional identity. Many of these tasks may be implemented by libraries, which, apart from providing access to information, may also offer a number of services associated with social needs. The purpose of this paper is to present the roles and functions that libraries may serve in local communities in terms of assistance, integration and development based on classical social capital theories.Design/methodology/approachThe paper reviews the classical concepts of social capital in the context of libraries. It analyses the findings of Pierre-Félix Bourdieu, James Coleman, Francis Fukuyama, Robert Putnam, Nan Lin, Ronald Stuart Burt, Wayne Baker and Alejandro Portes. Based on their respective concepts, the paper analyses the role of the contemporary library in the social life of local communities. In particular, it focuses on the possible new functions that public libraries may serve.FindingsA critical review of the concept of social capital revealed certain dependencies between libraries and their neighbourhoods. With new services that respond to the actual social needs, libraries may serve as a keystone, namely they may integrate, animate and engage local communities. This, however, requires a certain approach to be adopted by the personnel and governing authorities as well as infrastructure and tangible resources.Originality/valueThe social engagement of libraries is usually described from the practical perspective (reports on the services provided) or in the context of research on the impact of respective projects on specific groups of users (research reports). A broader approach, based on original social theories, is rarely encountered. The paper draws on classical concepts of social capital and is a contribution to the discussion on possible uses of those concepts based on an analysis of the role of libraries in social life and in strengthening the social capital of local communities.


2019 ◽  
Vol 11 (4) ◽  
pp. 949 ◽  
Author(s):  
Grzegorz Zasuwa

Product boycotts represent an important form of sustainable consumption, as withholding purchasing can restrain firms from damaging the natural environment or breaking social rules. However, our understanding of consumer participation in these protests is limited. Most previous studies have focused on the psychological and economic determinants of product boycotting. Drawing on social capital literature, this study builds a framework that explains how individual- and contextual-level social capital affects consumer participation in boycotts of products. A multilevel logistic regression analysis of 29 country representative samples derived from the European Social Survey (N = 54221) shows that at the individual level product boycotting is associated with a person’s social ties, whereas at the country level, generalized trust and social networks positively affect consumer decisions to take part in these protests. These results suggest that to better understand differences among countries in consumer activism, it is necessary to consider the role of social capital as an important predictor of product boycotting.


2019 ◽  
Vol 35 (3/4) ◽  
pp. 142-145
Author(s):  
Mario Coffa

Purpose Based on a comparison with different realities, analysis of the situation of libraries in line with International Federation of Library Associations and Institutions (IFLA) policies and directives. Design/methodology/approach The method used for the following paper is that of a remote interview. Findings The expected results will emerge from the debate that can be raised from this paper. Research limitations/implications The IFLA guidelines have international value but are implemented according to the context of the individual country, not always in a uniform manner. Originality/value The interview reveals the formality of the contents through the informality of the method.


2020 ◽  
Vol 42 (1) ◽  
pp. 107-124 ◽  
Author(s):  
Florence Stinglhamber ◽  
Marc Ohana ◽  
Gaëtane Caesens ◽  
Maryline Meyer

Purpose The purpose of this paper is to investigate whether a focal employee’s perception of organizational support (POS) is shaped by the social context or, more specifically, by his/her coworkers’ POS. The authors further aim to identify the conditions under which coworkers’ POS may have more influence or, on the contrary, less or even no influence. Design/methodology/approach Data were obtained from questionnaires distributed among a sample of 195 employees and among their supervisors. Findings Coworkers’ levels of POS are positively related to the focal employee’s POS with positive consequences in terms of job satisfaction and, finally, organizational citizenship behaviors. This influence of coworkers’ POS is strengthened when the focal employee experiences low voice in the workplace. Research limitations/implications Overall, this research contributes to organizational support theory by showing that POS may also develop based on a socially constructed process and not only on an individual-level psychological process. Practical implications Our findings have practical implications for HR policies employed by practitioners to socialize newcomers and to manage perceived support in a context of organizational change. Originality/value Building on a few recent studies suggesting that the social context may influence employees’ perceptions of organizational support, the present study is the first to show that the influence of the social context is more likely to occur under specific conditions, i.e. when employees experience low voice.


2018 ◽  
Vol 33 (1) ◽  
pp. 2-14 ◽  
Author(s):  
Lotta K. Harju ◽  
Wilmar B. Schaufeli ◽  
Jari J. Hakanen

Purpose The purpose of this paper is to examine cross-level effects of team-level servant leadership on job boredom and the mediating role of job crafting. Cross-level moderating effects of team-level servant leadership were also investigated. Design/methodology/approach This longitudinal study employed a multilevel design in a sample of 237 employees, clustered into 47 teams. Servant leadership was aggregated to the team-level to examine the effects of shared perceptions of leadership at T1 on individual-level outcome, namely job boredom, at T2. In addition, mediation analysis was used to test whether team-level servant leadership at T1 can protect followers from job boredom at T2 by fostering job crafting at T2. Cross-level moderating effects of team-level servant leadership at T1 on the relation between job crafting at T2 and job boredom at T2 were also modeled. Findings Job crafting at T2 mediated the cross-level effect of team-level servant leadership at T1 on job boredom at T2. Research limitations/implications The findings suggest that team-level servant leadership predicts less job boredom by boosting job crafting. Originality/value This study is the first to assess the effects of servant leadership on job boredom and the mediating role of job crafting. This paper examines job boredom in a multilevel design, thus extending knowledge on its contextual components.


2020 ◽  
Vol 10 (3) ◽  
pp. 66
Author(s):  
Olga V. Maslova ◽  
Dmitry A. Shlyakhta ◽  
Mikhail S. Yanitskiy

People differ in their value hierarchies, i.e., in the importance they attach to basic personal values. A large number of studies were performed to establish similarities and differences between national, ethnic, or professional groups in terms of Schwartz’s values structure. In addition to this sample-level approach, we found it useful to disclose a number of subgroups within those larger social groups, which are more homogeneous in themselves and reflect the individual-level types of personal values systems. The study was performed on university students (n = 1237) who were asked to fill in the SVS и PVQ Schwartz’s questionnaires. The sample was then treated with the K-means cluster analysis, which resulted in the division of the initial sample into three subgroups or clusters according to their values hierarchy being measured separately at the (1) Normative Ideals scale and (2) the scale of Behavioral Priorities. These clusters were equally common among male and female students, but they were unequally found in young people coming from different ethnic groups and regions, demonstrating the role of socio-cultural environment in building up personal values. The results may extend our capabilities for the prediction of the social, economic, and political behavior of the younger generation.


Info ◽  
2015 ◽  
Vol 17 (5) ◽  
pp. 66-81 ◽  
Author(s):  
ChienHsing Wu ◽  
Shu-Chen Kao ◽  
Hsin-Yi Liao

Purpose – The purpose of this study is to reveal the role of individual–social–technology fit in online social network (OSN) value development. The social software features (e.g. communication and interaction), social features (e.g. privacy and trust) and individual features (e.g. sense of belonging and self-disclosure) are considered fitting forms to describe the OSN value. Implications and suggestions are addressed. Design/methodology/approach – The literature review on social software, the social and individual characteristics and the research gap with respect to OSN value is presented. The research arguments are then hypothesized, and research model used to describe the proposed role is examined empirically. The research targeted mobile phone users as the subjects, and the extent of the activities of these users on OSN for both work and studies. A salient investigation explores the moderation effect of gender. The research results are obtained, and the findings are revealed on the basis of 468 social software users. Findings – The significant effect of individual–social–technology fit on OSN value development is presented through the satisfaction of both participation and sharing information, and knowledge about this fit is verified. The interplay of social software, social and individual features contributes significantly to individual–social–technology fit development, implying that OSN value development is not a single issue. OSN value development should be considered concurrently with technological, personal and social issues. Research limitations/implications – The empirical study confirms that fitness analysis produces a systematic outcome, in which all elements (e.g. social, technology and individual) are required to cooperate with one another to maximize the OSN value. An individual adopts online channels to communicate with others; thus, the benefits may be a multidimensional issue instead of only a single information service issue. They also consider building an equal social relationship to be important, as it enables diverse propositions, maintains acceptable privacy and behaves on faith to enhance the fit of technology features and individual features to value development. The subjects also likely accepted the fact that emotion generation is important for the advantage of fit of technology features and social features, thereby likely benefitting OSN value development. Originality/value – The OSN does not only add new values to the society but also brings new effects on social development, especially in terms of social cognition from virtual community formation, development and creation. Although existing studies in the literature present the important aspects and antecedents linked significantly to OSN value development, these studies also insufficiently discuss the effect of fit of these facets on OSN value development. This exploratory study mainly aims to propose and examine the individual–social–technology fit model through an empirical investigation. The main argument of the study is that when a positive and healthy virtual society is developed through social software, the individual and social characteristics, as well as the social software features, should be defined with a suitable fit to promote the social networking value.


2008 ◽  
Vol 49 (4) ◽  
pp. 452-467 ◽  
Author(s):  
Ari Väänänen ◽  
Nuria Tordera ◽  
Mika Kivimäki ◽  
Anne Kouvonen ◽  
Jaana Pentti ◽  
...  

The purpose of our two-year follow-up study was to examine the effect of the social components of the work group, such as group absence norms and cohesion, on sickness absence behavior among individuals with varying attitudes toward work attendance. The social components were measured using a questionnaire survey, and data on sickness absence behavior were collected from the employers' records. The study population consisted of 19,306 Finnish municipal employees working in 1,847 groups (78% women). Multilevel Poisson regression modeling was applied. The direct effects of work group characteristics on sickness absence were mostly insignificant. In contrast, both of the social components of a work group had an indirect impact: The more tolerant the group absence norms (at both individual- and cross-level) and the lower the group cohesion (at the individual level), the more the absence behavior of an individual was influenced by his or her attitude toward work attendance. We conclude that work group moderates the extent to which individuals with a liberal attitude toward work attendance actually engage in sickness absence behavior.


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