The impact of financial and social capital on firm performance

Date

1993

Author

Meyerson, Eva

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The social capital has a significant effect on firm performance. The present study examines how different firms react to an external crisis signal such as a drop in stock prices. Firms with a decision-competent executive team whose social capital is conducive to mobilise strategic resources are likely to recover guicker than firms with an information-competent team whose social capital is conducive to accruing novel information. The data collected on 29 Swedish public firms render support for the suggested relationship.

URI

https://hdl.handle.net/11511/107846

Collections

Department of Economics, Article