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Facilitating achievement by social capital in Japan

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  • Cheung, Chau-kiu
  • Chan, Raymond Kwok-hong
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    Abstract

    Social capital, as a comprehensive concept, comprises structural components representing social networks and functional components, which register past and future help, reciprocity, and trust. One assumption is that these various components interact and reinforce one another to enhance an individual's expected achievement. To validate the conceptualization and examine the consequences of social capital, the present study analyzed a set of data collected from 201 residents based in Japan. The results demonstrated that conceptualization proves to be valid in view of its adequacy in internal consistency and stability in the confirmatory factor model. The structural equation modeling likewise revealed contributions of the social capital components both individually and interactively. Notably, the Japanese respondents expected greater achievement with higher levels of both structural social capital and anticipatory functional social capital, which consequently tapped expected help, trust, and reciprocity. Structural social capital appeared to be a basis for functional social capital.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

    Volume (Year): 37 (2008)
    Issue (Month): 6 (December)
    Pages: 2261-2277

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    Handle: RePEc:eee:soceco:v:37:y:2008:i:6:p:2261-2277

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    Web page: http://www.elsevier.com/locate/inca/620175

    Related research

    Keywords: Trust Social interaction Friendship Achievement;

    References

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    1. Hawe, Penelope & Shiell, Alan, 2000. "Social capital and health promotion: a review," Social Science & Medicine, Elsevier, vol. 51(6), pages 871-885, September.
    2. Christiaan Grootaert & Thierry Van Bastelar, 2002. "Understanding and Measuring Social Capital : A Multidisciplinary Tool for Practitioners," World Bank Publications, The World Bank, number 14098.
    3. Torsvik, G., 2000. "Social Capital and Economic Development," Norway; Department of Economics, University of Bergen 216, Department of Economics, University of Bergen.
    4. Deirdre N. McCloskey & Stephen T. Ziliak, 1996. "The Standard Error of Regressions," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 97-114, March.
    5. Kunioka, Todd & Woller, Gary M., 1999. "In (a) democracy we trust: social and economic determinants of support for democratic procedures in central and eastern Europe," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(5), pages 577-596.
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    Cited by:
    1. Richa Awasthy & Rajen K. Gupta, 2011. "DO NON-WORK PRACTICES IN MNCs OPERATING IN INDIA IMPACT ORGANIZATIONAL COMMITMENT?," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 2(2).
    2. Z. Whitman & T. Wilson & E. Seville & J. Vargo & J. Stevenson & H. Kachali & J. Cole, 2013. "Rural organizational impacts, mitigation strategies, and resilience to the 2010 Darfield earthquake, New Zealand," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 69(3), pages 1849-1875, December.

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