The model of evaluation of the impact of corporate social capital on the operation of enterprise

Irena Macerinskiene, Jolita Vasiliauskaite

Research output: Contribution to journalArticle

Abstract

Concept of corporate social capital has gained significant attention of academicians and practitioners from different backgrounds recently. As any other form of capital (i. e. physical or human capital), social capital refers to a specific asset that yields a stream of benefits over the time. Social capital is an essential asset in contemporary business world where timely information, proactive adjustment to the market changes and flexibility are the main competitiveness factors. Social capital enables efficient cooperation, facilitates exchange of knowledge and information, lowers the costs of contracts and has many other positive impacts. But it can also become an obstacle for goal achievement or cause losses because of the improper investment or over investment...
Original languageEnglish
Pages (from-to)53-60
JournalEngineering Economics = Inžinerinė ekonomika: mokslo darbai
Volume54
Issue number4
Publication statusPublished - 2007

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Keywords

  • Social capital
  • Corporate

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