IDEAS home Printed from https://ideas.repec.org/a/nwe/eajour/y2022i1p52-75.html
   My bibliography  Save this article

Corporate Social Capital – Prerequisite for Effective Bonding

Author

Listed:
  • Adelina Milanova

    (Bulgarian Academy of Sciences, Sofia, Bulgaria)

  • Pavlinka Naydenova

    (Bulgarian Academy of Sciences, Sofia, Bulgaria)

Abstract

The conceptualization of the manifestation of corporate social capital presents a cognitive message about its complicated relationship with corporate culture, applicable to both theory and practice. The study presents the authors’ original vision of the role of corporate social capital in business processes, where the dichotomy rationality-irrationality of behaviors and choices, as well as of decision-making directly affects the performance through the corporate bonding. The aim is to conceptualize the contextual specifics of the manifestation of the corporate social capital and its fundamental parameter–trust, with a focus on culture, subcultural constructs, and management practices to outline specific theses for the implementation of different forms and levels of organizational cooperation. The in-depth study of the cultural context favors the development of up-to-date conceptual management models, as well as the derivation of good and appropriate practices. The idea is that the study of the cultural context and in general, the mutual enrichment and coexistence between economics and socio-economic and business anthropology, favors the development of conceptual models for the management of human and social capital, and putting the appropriate practices for effective management.

Suggested Citation

  • Adelina Milanova & Pavlinka Naydenova, 2022. "Corporate Social Capital – Prerequisite for Effective Bonding," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 52-75, March.
  • Handle: RePEc:nwe:eajour:y:2022:i:1:p:52-75
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/doi/eajournal/2022.1/EA.2022.1.04.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    corporate culture; Corporate Social Capital; Corporate Management; Rational Behavior; Subcultures;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • Z1 - Other Special Topics - - Cultural Economics

    Statistics

    Access and download statistics

    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:nwe:eajour:y:2022:i:1:p:52-75. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    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.