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Analysis of the Determinants of Social Capital in Organizations

Journal: Business Ethics and Leadership (BEL) (Vol.3, No. 1)

Publication Date:

Authors : ;

Page : 124-133

Keywords : social capital; performance; collaborative work factors;

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Abstract

At the present, Mexico is experiencing a climate of uncertainty and widespread distrust, due to the increase in the level of crime and low level of confidence derived from opportunistic behavior aimed at obtaining an individual rather than a collective benefit, affecting business activities in the country. This research analyzes the determinants of social capital in various theoretical and empirical investigations. The study proposes the analysis of eight dimensions necessary for the study of organizations. The methods employed are descriptive and explanatory research based on a research review and analysis of the determinants of social capital from a macroeconomic and microeconomic perspective. As a result of the review and analysis of the theoretical and empirical literature, this paper extends the model of determinants of social capital from six to eight to include trust and associations, from a point of view of interest groups. In addition to the above, it is considered vital to establish determinants of corporate governance, which promotes transparency and ethics in business, a fundamental pillar to increase the level of trust. The results of this research provide organizations with information on the determinants that must take care to increase their social capital and therefore their performance indicators in organizations. It is recommended that in order to promote substantial change in the country, the effort must be made jointly with the involving each organization or company, since it is difficult, if not impossible, for government institutions to do this in isolation. Change must be systemic, with the objective of increasing the level of social capital and collaborative work in the country to obtain better indicators of well-being.

Last modified: 2019-04-04 17:27:32