IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i19p11905-d921075.html
   My bibliography  Save this article

Social Capital Factors Fostering the Sustainable Competitiveness of Enterprises

Author

Listed:
  • Halyna Mishchuk

    (Human Resources and Entrepreneurship Department, National University of Water and Environmental Engineering, Soborna 11, 33-028 Rivne, Ukraine
    Faculty of Economics and Entrepreneurship, Pan-European University, Tomášikova 20, 821 02 Bratislava, Slovakia)

  • Jana Štofková

    (Faculty of Operation and Economics of Transport and Communications, University of Zilina, 010 26 Žilina, Slovakia)

  • Vita Krol

    (Human Resources and Entrepreneurship Department, National University of Water and Environmental Engineering, Soborna 11, 33-028 Rivne, Ukraine)

  • Olena Joshi

    (Department of Computer Technologies and Economic Cybernetics, National University of Water and Environmental Engineering, Soborna 11, 33-028 Rivne, Ukraine)

  • László Vasa

    (Faculty of Economics, Széchenyi István University, 9026 Győr, Hungary)

Abstract

The study aimed to determine the factors of social capital (SC) of enterprises that can have a significant impact on achieving sustainable competitiveness. In this regard, the study tested the SEM-analysis method for evaluating hypotheses regarding the influence of factors of relational, cognitive and structural social capital of enterprises on financial and non-financial indicators of competitiveness. Empirical data for the study were obtained on the basis of a sociological survey conducted by the authors of managers and owners of enterprises in Ukraine from December 2020 to March 2021. The obtained results and modelled relationships of factors confirmed the significant influence of factors of social capital of enterprises on competitiveness. At the same time, the results revealed the most essential influence of efforts to develop strategic partnerships with suppliers (as part of structural SC), efforts to form a positive image of the enterprise and satisfaction with horizontal relationships (as part of relational SC), general satisfaction with the psychological climate in the team, the establishment of corporate culture as well as own efforts to support and develop corporate culture (among the factors of cognitive SC).

Suggested Citation

  • Halyna Mishchuk & Jana Štofková & Vita Krol & Olena Joshi & László Vasa, 2022. "Social Capital Factors Fostering the Sustainable Competitiveness of Enterprises," Sustainability, MDPI, vol. 14(19), pages 1-19, September.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:19:p:11905-:d:921075
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/19/11905/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/19/11905/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nguyen, Long Thanh & An, Jake & Ngo, Liem Viet & Hau, Le Nguyen, 2020. "Transforming social capital into performance via entrepreneurial orientation," Australasian marketing journal, Elsevier, vol. 28(4), pages 209-217.
    2. Benraïss-Noailles, Laïla & Viot, Catherine, 2021. "Employer brand equity effects on employees well-being and loyalty," Journal of Business Research, Elsevier, vol. 126(C), pages 605-613.
    3. Zdenko Metzker & Justas Streimikis, 2020. "Csr Activities In The Czech Sme Segment," International Journal of Entrepreneurial Knowledge, Center for International Scientific Research of VSO and VSPP, vol. 8(1), pages 49-64, June.
    4. Wenqian Guo & Wenxue Lu & Xinran Gao & Feifei Cai, 2021. "How interpersonal ties affect interorganizational trust in construction projects: role differences and cross-level effects," Construction Management and Economics, Taylor & Francis Journals, vol. 39(11), pages 912-931, November.
    5. Mehdi Tajpour & Elahe Hosseini & Maliheh Mohammadi & Behrooz Bahman-Zangi, 2022. "The Effect of Knowledge Management on the Sustainability of Technology-Driven Businesses in Emerging Markets: The Mediating Role of Social Media," Sustainability, MDPI, vol. 14(14), pages 1-15, July.
    6. Jaroslav Belas & Gentjan Çera & Jan Dvorský & Martin Čepel, 2021. "Corporate social responsibility and sustainability issues of small‐ and medium‐sized enterprises," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 721-730, March.
    7. Perez, Charles & Sokolova, Karina & Konate, Malick, 2020. "Digital social capital and performance of initial coin offerings," Technological Forecasting and Social Change, Elsevier, vol. 152(C).
    8. Kazuya Nogi & Haruhiko Imamura & Keiko Asakura & Yuji Nishiwaki, 2021. "Association of Structural Social Capital and Self-Reported Well-Being among Japanese Community-Dwelling Adults: A Longitudinal Study," IJERPH, MDPI, vol. 18(16), pages 1-14, August.
    9. Cheng-Yi Luo & Chin-Hsun (Ken) Tsai & Ming-Hsiang Chen & Jun-Li Gao, 2021. "The Effects of Psychological Capital and Internal Social Capital on Frontline Hotel Employees’ Adaptive Performance," Sustainability, MDPI, vol. 13(10), pages 1-19, May.
    10. Khalid Farooq & Mohd Yusoff Yusliza & Ratri Wahyuningtyas & Adnan ul Haque & Zikri Muhammad & Jumadil Saputra, 2021. "Exploring Challenges and Solutions in Performing Employee Ecological Behaviour for a Sustainable Workplace," Sustainability, MDPI, vol. 13(17), pages 1-19, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Olena Oliinyk & Halyna Mishchuk & Laszlo Vasa & Katalin Kozma, 2023. "Social Responsibility: Opportunities for Integral Assessment and Analysis of Connections with Business Innovation," Sustainability, MDPI, vol. 15(6), pages 1-17, March.
    2. Małgorzata Okręglicka & Prabhat Mittal & Valentinas Navickas, 2023. "Exploring the Mechanisms Linking Perceived Organizational Support, Autonomy, Risk Taking, Competitive Aggressiveness and Corporate Sustainability: The Mediating Role of Innovativeness," Sustainability, MDPI, vol. 15(7), pages 1-23, March.
    3. Haijuan Xie & Niankun Li & Chenglong Wang & Jiangxuan Wang, 2023. "Informal Board Hierarchy and High-Quality Corporate Development: Evidence from China," Sustainability, MDPI, vol. 15(11), pages 1-21, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. BARTOSOVA Simona & POLIACIKOVA Eva & MUSOVA Zdenka, 2022. "Consumers´ Perception of Responsible Companies and Using of Cause-Related Marketing in their CSR Practice," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    2. Ni, Dan & Jiwen Song, Lynda & Zheng, Xiaoming & Zhu, Jinlong & Zhang, Mengyi & Xu, Lingxiao, 2022. "Extending a helping hand: How receiving gratitude makes a difference in employee performance during a crisis," Journal of Business Research, Elsevier, vol. 149(C), pages 967-982.
    3. Basu, Shubhabrata & Pereira, Vijay & Sinha, Paresha & Malik, Ashish & Moovendhan, V., 2022. "Esoteric governance mechanism and collective brand equity creation in confederated organizations: Evidence from an emerging economy," Journal of Business Research, Elsevier, vol. 149(C), pages 217-230.
    4. Cui Zhang & Xiongjin Feng & Yanzhen Wang, 2022. "Technology Spillovers among Innovation Agents from the Perspective of Network Connectedness," Mathematics, MDPI, vol. 10(16), pages 1-17, August.
    5. Asif Mahmood & Rana Tahir Naveed & Naveed Ahmad & Miklas Scholz & Muhammad Khalique & Mohammad Adnan, 2021. "Unleashing the Barriers to CSR Implementation in the SME Sector of a Developing Economy: A Thematic Analysis Approach," Sustainability, MDPI, vol. 13(22), pages 1-20, November.
    6. Alpana Agarwal & Divina Raghav, 2023. "Analysing Determinants of Employee Performance Based on Reverse Mentoring and Employer Branding Using Analytic Hierarchical Process," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 48(3), pages 343-358, August.
    7. Fredström, Ashkan & Parida, Vinit & Wincent, Joakim & Sjödin, David & Oghazi, Pejvak, 2022. "What is the Market Value of Artificial Intelligence and Machine Learning? The Role of Innovativeness and Collaboration for Performance," Technological Forecasting and Social Change, Elsevier, vol. 180(C).
    8. Giudici, Giancarlo & Giuffra Moncayo, Giancarlo & Martinazzi, Stefano, 2020. "The role of advisors’ centrality in the success of Initial Coin Offerings," Journal of Economics and Business, Elsevier, vol. 112(C).
    9. Boukis, Achilleas, 2023. "Storytelling in initial coin offerings: Attracting investment or gaining referrals?," Journal of Business Research, Elsevier, vol. 160(C).
    10. Saeed Kamranfar & Farid Damirchi & Mitra Pourvaziri & Pardayev Abdunabi Xalikovich & Samira Mahmoudkelayeh & Reza Moezzi & Amir Vadiee, 2023. "A Partial Least Squares Structural Equation Modelling Analysis of the Primary Barriers to Sustainable Construction in Iran," Sustainability, MDPI, vol. 15(18), pages 1-20, September.
    11. Meoli, Michele & Vismara, Silvio, 2022. "Machine-learning forecasting of successful ICOs," Journal of Economics and Business, Elsevier, vol. 121(C).
    12. Gentjan Çera & Khurram Ajaz Khan & Andrea Bláhová & Jaroslav Belas, Jr., 2022. "Do owner-manager demographics in SMEs matter for corporate social responsibility?," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(2), pages 511-531, June.
    13. Tatiana Yu. Kudryavtseva & Angi E. Skhvediani & Maiia S. Leukhina & Alexandra O. Schneider, 2023. "A Fuzzy Model for Personnel Risk Analysis: Case of Russian-Finnish Export-Import Operations of Small and Medium Enterprises," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 22(3), pages 683-709.
    14. Andrea Caputo & Monica Molino & Barbara Cerato & Claudio G. Cortese, 2023. "Employer Attractiveness: Two Instruments to Measure Employer Branding and Reputation," SAGE Open, , vol. 13(3), pages 21582440231, August.
    15. José Campino & Ana Brochado & Álvaro Rosa, 2022. "Initial coin offerings (ICOs): Why do they succeed?," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-35, December.
    16. Nguyen, Phong Thanh & Nguyen, Linh Thi My, 2022. "Understanding platform market value through decentralization governance — An integrative model from signaling and mechanism design theory," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    17. Radka MacGregor Pelikánová & Robert Kenyon MacGregor & Martin Èernek, 2021. "New trends in codes of ethics: Czech business ethics preferences by the dawn of COVID-19," Oeconomia Copernicana, Institute of Economic Research, vol. 12(4), pages 973-1009, December.
    18. Mehdi Tajpour & Elahe Hosseini & Vanessa Ratten & Behrooz Bahman-Zangi & Seydeh Mersedeh Soleymanian, 2023. "The Role of Entrepreneurial Thinking Mediated by Social Media on the Sustainability of Small and Medium-Sized Enterprises in Iran," Sustainability, MDPI, vol. 15(5), pages 1-26, March.
    19. Adam P. Balcerzak & Radka MacGregor Pelikánová, 2020. "Projection of SDGs in Codes of Ethics—Case Study about Lost in Translation," Administrative Sciences, MDPI, vol. 10(4), pages 1-18, November.
    20. Ahmad M. Alghamdi & Salvatore Flavio Pileggi & Osama Sohaib, 2023. "Social Media Analysis to Enhance Sustainable Knowledge Management: A Concise Literature Review," Sustainability, MDPI, vol. 15(13), pages 1-30, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:19:p:11905-:d:921075. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.