The role of related party transactions on sukuk financing

2020 ◽  
Vol 11 (6) ◽  
pp. 1175-1190
Author(s):  
Norakma Abd Majid ◽  
Akmalia Mohamad Ariff ◽  
Nor Raihan Mohamad
Keyword(s):  
Social Capital ◽  
Institutional Environment ◽  
Future Research ◽  
Content Type ◽  
Related Party Transactions ◽  
Muslim Countries ◽  
The Social ◽  
Financing Choice ◽  
Using Data ◽  
Social Capital Perspective

Purpose The Islamic bond, known as sukuk, is an ethical financing avenue driven by religious and profit motives. This study aims to analyze the relation between related party transactions and Sukuk. Companies with high related parties transactions are deemed to be committed toward social capital that they are more likely to choose sukuk for their debt financing. Design/methodology/approach Logistic regression analyses were conducted using data from 122 listed companies in Malaysia. Related party transactions proxy for companies’ commitment to social capital, while the likelihood to choose sukuk represents ethical financing. Findings This study documents a positive relationship between related party borrowings and sukuk, suggesting that close ties through related parties have created an ethical sense that is associated with the uptake of sukuk. Research limitations/implications Future research can opt other measures of related party transactions, such as by identifying the different categories of transactions and related parties. Future research may also extend the sample size by using samples from several countries to enable analysis involving institutional environment variables of the countries. Practical implications Findings of this study highlight sukuk uniqueness by supporting its role as ethical financing avenue through commitment toward social capital. Originality/value This study is the first to use the social capital perspective of related party transactions in identifying ethical financing choice that the authors believe is relevant in the institutional context of developing Muslim countries.

scholarly journals Perceptions of social capital and cost-related non-adherence to medication among the elderly

2011 ◽  
Vol 27 (2) ◽  
pp. 269-276 ◽  
Author(s):  
Tatiana Chama Borges Luz ◽  
Antônio Ignácio de Loyola Filho ◽  
Maria Fernanda Lima-Costa
Keyword(s):  
Social Capital ◽  
Insurance Coverage ◽  
The Elderly ◽  
Health Insurance Coverage ◽  
Future Research ◽  
Adherence To Medication ◽  
The Social ◽  
Belo Horizonte ◽  
Using Data ◽  
Physician Patient

The aim of this study was to examine the association between social capital and cost-related non-adherence (CRN) in an elderly population, using data from 1,134 respondents to the Greater Metropolitan Belo Horizonte Health Survey. CRN was lower for those elderly with a better perception of attachment to their neighbourhoods (PR = 0.68; 95%CI: 0.50-0.94), with more social contacts (one to five, PR = 0.49; 95%CI: 0.30-0.80 and more than five, PR = 0.42; 95%CI: 0.26-0.67), and with private health insurance coverage (PR = 0.64; 95%CI: 0.45-0.93). Meanwhile, CRN was significantly higher for those with fair to poor self-rated health (PR =1.66; 95%CI: 0.95-2.90 and PR = 2.62; 95%CI: 1.46-4.71 respectively), with multiple comorbidities (two, PR = 3.45; 95%CI: 1.38-8.62 and three or more, PR = 4.42; 95%CI: 1.74-11.25), and with a lower frequency of physician-patient dialogue about health/treatment (rarely/never, PR = 1.91; 95%CI: 1.16-3.13). These findings highlight the need to take into account the social context in future research on CRN.

Spinoffs and their endowments: beyond knowledge inheritance theory

2016 ◽  
Vol 17 (3) ◽  
pp. 570-589 ◽  
Author(s):  
Andrea Furlan ◽  
Roberto Grandinetti
Keyword(s):  
Social Capital ◽  
Intellectual Capital ◽  
Theoretical Research ◽  
Integrative Approach ◽  
Content Type ◽  
Integrative Framework ◽  
The Social ◽  
Conceptual Paper ◽  
Social Capital Perspective ◽  
Crucial Part

Purpose – The purpose of this paper is to integrate knowledge inheritance theory with the social capital perspective to explain the initial endowments of spinoffs. Design/methodology/approach – The authors maintain that social capital plays a crucial part, both as a mechanism supporting the generation of intellectual capital prior to a spinoff’s foundation, and as an endowment that complements this capital once the spinoff is founded. Knowledge inheritance remains a fundamental mechanism for the formation of a spinoff’s intellectual capital. Its other endowment, social capital, derives from three types of relationship that future entrepreneurs develop within, through and outside their parent firm, all three of which are crucial to the formation of a spinoff’s intellectual capital. Findings – The first result of the theoretical research is an integrative framework of a spinoff’s endowments. Moreover, the authors apply this framework to address two key research questions in the spinoff literature, i.e. whether spinoffs can differ from their parents in terms of intellectual capital; and why spinoffs tend to co-locate near their parents, in geographical clusters. The integrative approach helps to tackle these questions. Originality/value – This conceptual paper offers a more comprehensive explanation of the emergence of spinoffs in terms of their initial endowments than the knowledge inheritance theory.

Through the lens of social capital: a research agenda for studying IT outsourcing

2014 ◽  
Vol 7 (2) ◽  
pp. 107-134 ◽  
Author(s):  
Beena George ◽  
Rudy Hirschheim ◽  
Alexander von Stetten
Keyword(s):  
Social Capital ◽  
Research Agenda ◽  
Success Factors ◽  
Past Research ◽  
It Outsourcing ◽  
Future Research ◽  
Content Type ◽  
The Social ◽  
New Research ◽  
Comprehensive Framework

Purpose – This paper proposes a new research agenda for information technology (IT) outsourcing,motivated by the belief that the social capital concept enables IT outsourcing researchers to capture more of the nuances of the client–vendor relationship in IT outsourcing arrangements. Design/methodology/approach – The paper builds a comprehensive framework of social capital based on Nahapiet and Ghoshal (1998) to examine the IT outsourcing life cycle. Past research on IT outsourcing is examined applying the parameters of the framework to identify issues that have been addressed in research on IT outsourcing and to uncover the gaps in past research. Findings – The social capital framework is applied to IT outsourcing which suggests new avenues for future outsourcing research. Research limitations/implications – While past research has identified success factors for IT outsourcing, a significant number of outsourcing arrangement still fail to meet expectations. The research agenda presented in this paper encourages an examination of IT outsourcing from a different perspective to determine how to successfully manage IT outsourcing. Originality/value – The paper provides a new framework that is useful for identifying the relationships among past research in IT outsourcing as well as for identifying potential topics for future research.

scholarly journals Knowledge sharing in online smoking cessation communities: a social capital perspective

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chenglong Li ◽  
Hongxiu Li ◽  
Reima Suomi ◽  
Yong Liu
Keyword(s):  
Social Capital ◽  
Smoking Cessation ◽  
Knowledge Sharing ◽  
Content Type ◽  
Online Health Communities ◽  
Structural Capital ◽  
The Social ◽  
Health Communities ◽  
Social Capital Perspective ◽  
Practical Implications

PurposeAlthough knowledge sharing in online communities has been studied for many years, little is known about the determinants for individuals' knowledge sharing in online health communities (OHCs) surrounding smoking cessation. Examining the determinants of knowledge sharing in such OHCs from the social capital perspective may prove particularly enlightening.Design/methodology/approachA questionnaire-based online user survey of two smoking cessation OHCs, one based in Finland and one based in China, was performed. Performing data analysis with partial least squares (SmartPLS 3.0), the authors developed a model conceptualizing the structural, cognitive and relational dimensions of social capital as drivers for knowledge sharing in smoking cessation OHCs, with users' stage in giving up smoking as a moderator.FindingsThe results show that structural capital (social ties) and relational capital (reciprocity) are important motivators behind knowledge sharing in smoking cessation OHCs, and the authors found a moderating effect of the stage in quitting on the antecedents' relationship with knowledge sharing in these OHCs.Originality/valueThe study enriches understanding of knowledge sharing in smoking cessation OHCs, contributing to theory and identifying practical implications for such groups' administration.

Understanding users’ contribution in open innovation communities: a social capital perspective

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Tao Zhou
Keyword(s):  
Social Capital ◽  
Open Innovation ◽  
Structural Equation ◽  
Social Capital Theory ◽  
Equation Modeling ◽  
Capital Theory ◽  
Content Type ◽  
The Social ◽  
Social Capital Perspective ◽  
Innovation Community

Purpose As users often lack the motivation to contribute their ideas and knowledge in open innovation communities, it is necessary to identify the determinants of users’ contribution. This paper aims to examine users’ contribution in open innovation communities based on the social capital theory. Design/methodology/approach The authors collected 474 valid responses from a survey and adopted structural equation modeling (SEM) to conduct data analysis. Findings The results indicated that social interaction, which includes informational and emotional interaction, has a significant effect on social capital, which in turn affects users’ contribution. Research limitations/implications The results imply that companies need to facilitate users’ interactions and develop social capital to promote their contribution in open innovation communities. Originality/value Although previous research has found the effect of individual motivations such as perceived benefits and behavioural control on innovation community users’ behaviour, it has seldom considered the effect of social capital embedded within the social relationship networking. This research tries to fill the gap and the results disclosed the mechanism underlying open innovation community users’ contribution.

Choosing to stop consuming meat for environmental reasons: exploring the influence of gender and social status variables in Chile

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Claudia Giacoman ◽  
Pamela Ayala Arancibia ◽  
Juan Alfaro
Keyword(s):  
Social Status ◽  
Social Determinants ◽  
Social Stratification ◽  
Meat Consumption ◽  
Red Meat ◽  
Future Research ◽  
Content Type ◽  
Logistic Regression Models ◽  
The Social ◽  
Using Data

PurposeGlobal meat consumption has increased rapidly, which is of concern, given its contribution to environmental destruction. Within this framework, this article aims to analyse the social determinants in relation to stopping red meat consumption for environmental reasons in Chile, with a focus on gender and social status.Design/methodology/approachUsing data from a representative national survey, we estimated six logistic regression models to analyse the social determinants that reduce red meat consumption in Chile.FindingsThe results show that social stratification variables (gender, social class, household income and education) are closely linked with choosing to stop eating red meat for environmental reasons. A possible interpretation of these results is the ambiguous status of red meat in contemporary Chilean society and its symbolic link with masculinity.Research limitations/implicationsThe analysis may be complemented by future research that distinguishes the environmental aspects, which encourage individuals to stop eating red meat. In addition, asking about meat consumption in an environmental survey, may generate social desirability.Originality/valueThe results contribute to understanding which social factors help stop meat consumption within a strong carnism culture. This is relevant since South America is well known for high meat consumption, and few studies have explored the issue of consumption in these countries.

What’s App: a social capital perspective

2015 ◽  
Vol 39 (1) ◽  
pp. 26-42 ◽  
Author(s):  
Noa Aharony
Keyword(s):  
Social Capital ◽  
New Media ◽  
Well Being ◽  
Intention To Use ◽  
Content Type ◽  
Bridging Social Capital ◽  
The Social ◽  
Technological Platform ◽  
Social Capital Perspective ◽  
Academic Year

Purpose – Based on the premises of Putnam’s bridging social capital, and on Ellison, Steinfield and Lampe’s notion of maintained social capital, the purpose of this paper is to explore the extent to which the well-being variables of self-esteem and loneliness, as well as What’s App attitudes and intention to use variables, explain the social capital students gain from What’s App use. Design/methodology/approach – The research was conducted in Israel during the second semester of the 2014 academic year and included 124 students from two major universities in Israel. Researchers used six questionnaires to gather data. Findings – Findings confirm that the well-being variables, as well as What’s App attitudes and intention to use, affect the social capital students gain while using What’s App. Originality/value – The findings of this study shed light on a new technological platform: What’s App that has rarely been examined to date. In addition, it expands the social capital and well-being perspectives to new media.

scholarly journals The role of collaborative interorganizational relationships in supply chain risks: a systematic review using a social capital perspective

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anis Daghar ◽  
Leila Alinaghian ◽  
Neil Turner
Keyword(s):  
Social Capital ◽  
Supply Chain ◽  
Interorganizational Relationships ◽  
Future Research ◽  
Content Type ◽  
Demand Information ◽  
Supply Chain Risks ◽  
Social Capital Perspective ◽  
Practical Implications

Purpose The purpose of this paper is systematically review, synthesize and critically evaluate the current research status on the role of collaborative interorganizational relationships (CIRs) in supply chain risks (SCRs) from a social capital perspective and provide an organizing lens for future scholarship in this area. Design/methodology/approach This study adopts a systematic literature review approach to investigate 126 articles from 27 peer-reviewed journals between 1995 and 2020. Findings This paper investigates supply chain CIRs using a social capital perspective to explain the role of structural, relational and cognitive capital that resides in these relationships in various SCRs (i.e. environmental, supply, manufacturing, demand, information, financial and transportation). The review reveals that the three social capital dimensions uniquely and both positively and negatively affect different SCRs. The findings further suggest that the perceived SCRs can influence the structural and relational capital. Practical implications This study calls for practitioners to consider the cognitive alignment with their supply network partners, their relational investments, as well as the interorganizational processes and systems in managing and alleviating SCRs. Originality/value This review offers a theoretical articulation of how various aspects of CIRs affect SCRs. Specifically, this study extends the existing understanding of the role of social capital in SCRs through offering a synthesis of dominant findings and discourses, and avenues for future research.

The embodiment of social capital at individual and communal levels

2019 ◽  
Vol 39 (9/10) ◽  
pp. 812-830
Author(s):  
Anson Au
Keyword(s):  
Social Capital ◽  
Social Dynamics ◽  
Future Research ◽  
Content Type ◽  
Social Exchanges ◽  
Individual Level ◽  
The Social ◽  
New Directions ◽  
The Individual ◽  
Dynamics Of Action

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.

Supply chain collaboration for sustainability: a qualitative investigation of food supply chains in Brazil

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Natália Rohenkohl do Canto ◽  
Marilia Bonzanini Bossle ◽  
Luciana Marques Vieira ◽  
Marcia Dutra De Barcellos
Keyword(s):  
Social Capital ◽  
Supply Chain ◽  
Supply Chains ◽  
Supply Chain Collaboration ◽  
Sustainable Supply Chain ◽  
Content Type ◽  
Food Supply Chains ◽  
The Social ◽  
Social Capital Perspective

PurposeThis paper investigates how chain members collaborate to ensure the sustainability of supply chains through the social capital perspective.Design/methodology/approachFollowing a case study design, three social capital mechanisms – reach, richness and receptivity – were used as a lens with two eco-innovative food companies and their respective supply chains in Southern Brazil. Data consisted of interviews and other sources of evidence obtained from multiple stakeholders.FindingsResults highlight the importance of a managerial orientation for sustainability and that sustainable chains presuppose a network that is closely linked and with great affinity. Not only does the management of operations improve the green performance of companies for environmental benchmarking but it also expands to include the supply chain. Social capital mechanisms can encourage partners to develop strategic initiatives for sustainability, especially if managers share key drivers for adopting eco-innovations and overall chain sustainability.Originality/valueThe paper contributes to research on collaboration within sustainable supply chain management. Empirical data were gathered from different stakeholders in two food chains in a developing country. Through the lens of social capital mechanisms, the paper shows how different types of companies collaborate in their supply chain for sustainability.

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