Social capital of business organizations: modern trends

  • Hrynenko A
  • Kyryliuk V
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Abstract

The article analyzes the current state, trends and problems of formation and development of social capital of Ukrainian companies. The key role of social capital in the processes of economic and financial efficiency is substantiated. The purpose of the study is to determine the impact of social capital and its components on the socio-economic development of the company in the current economic environment. The study of modern theoretical aspects of interpreting the essence of a company’s social capital made it possible to determine the actual interpretation of the concept. Diagnostics of the current state of social capital in Ukrainian companies is carried out using sociological research tools proposed by the authors. The article determined the main problems related to the formation and development of social capital at the company level, considered an increase of trust, development of leadership qualities of the leader, development of social interaction between employees as key factors of social capital increase at the organizational level. Besides, the conclusions on the directions of social capital development under current trends of social cohesion are substantiated.

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APA

Hrynenko, A., & Kyryliuk, V. (2019). Social capital of business organizations: modern trends. Social and Labour Relations: Theory and Practice, 9(1), 50–58. https://doi.org/10.21511/slrtp.9(1).2019.05

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