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The Role of Relational Capital in Anti-Crisis Measures Undertaken by Companies—Conclusions from a Case Study

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  • Anna Walecka

    (Department of Management, Faculty of Management and Production Engineering, Lodz University of Technology, 90-924 Lodz, Poland)

Abstract

The aim of this article was to present the results of empirical research conducted in enterprises of all sizes operating in Poland and Central Europe. The study focused on the impact of relational capital on the prevention of and intervention in the event of a crisis in a company. The author assumes that there is a link between a company’s relational capital and its susceptibility to crisis phenomena. The research carried out allowed different conclusions to be drawn. It turns out that the studied companies were characterized by a high level of relational capital. Their internal relational capital—particularly the relations between employees and company owners—was especially important to them. Relations of the surveyed companies with external stakeholders were also important. In response to the question about the role of relational capital in anti-crisis measures undertaken by companies, it appears that the relational capital of the companies surveyed allowed them, in their opinion, to avoid many crisis situations. Thanks to the right attitudes of the surveyed companies’ stakeholders, they have often managed to avoid crises. This situation also applies to the recent crisis caused by COVID-19.

Suggested Citation

  • Anna Walecka, 2021. "The Role of Relational Capital in Anti-Crisis Measures Undertaken by Companies—Conclusions from a Case Study," Sustainability, MDPI, vol. 13(2), pages 1-16, January.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:2:p:780-:d:480606
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    References listed on IDEAS

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    Cited by:

    1. Adamik Anna & Walecka Anna, 2024. "The maturity of using the organization’s relational intelligence in the processes of building relational capital: a smart organization example," International Journal of Contemporary Management, Sciendo, vol. 60(1), pages 44-59, March.
    2. Anna Walecka, 2021. "The Management of a Company’s Relational Capital as Part of Business Process," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 704-721.

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