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The Social Capital: From Macro To Microeconomic

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  • Simona BUTA

    (Stefan cel Mare' University of Suceava, Romania)

Abstract

Our paper examines the social capital both from a macroeconomic and a microeconomic perspective, meaning that an equivalent of this structure of the social capital (macroeconomic perspective) is reflected clearly also in the social capital available to a company, firm or enterprise. Intuitively, we understand that we encounter in the real economy some firms / companies for which their social capital accumulated over time has some specific supporting the yearly performance obtained by the organization (examples regarding this specific: greater trust between individuals and groups, a set of common values more clearly individualized and conducive to competition etc.). Similarly, we will encounter in the real economy firms and companies for whom the specific of the accumulated social capital limits the annual performance (specificity examples of this type of capital: excessive conflicts and distrust between employees, lack of integrity of some decision-makers, autocratic management styles etc.).

Suggested Citation

  • Simona BUTA, 2016. "The Social Capital: From Macro To Microeconomic," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 16(1(23)), pages 138-144, June.
    • Handle: RePEc:scm:usvaep:v:16:y:2016:i:1(23):p:138-144
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    File URL: http://www.seap.usv.ro/annals/arhiva/USVAEPA_VOL.16,ISSUE_1(23),2016_fulltext.pdf
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    Cited by:

    1. Odiegwu, Chinwendu Laurentia & Enyioko, Newman Chintuwa (PhD), 2022. "Influence of Sustainable Shipping on Organizational Effectiveness of Shipping Companies in Port Harcourt, Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(8), pages 74-92, August.

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