| Pub. Date | : Jan, 2024 |
|---|---|
| Product Name | : The IUP Journal of Management Research |
| Product Type | : Article |
| Product Code | : IJMR020124 |
| Author Name | : Shobha R and Vedava P |
| Availability | : YES |
| Subject/Domain | : Arts & Humanities |
| Download Format | : PDF Format |
| No. of Pages | : 17 |
The study constructs a conceptual framework elucidating the intricate dynamics between organizational social capital, organizational justice, employee wellbeing and organizational performance. It positions organizational justice as an exogenous variable influencing social capital, which in turn impacts the wellbeing of employees, thereby shaping organizational performance. A thorough review of literature on organizational social capital and its impact on performance identifies a significant research gap. The study posits that organizational justice initiates and influences social capital, subsequently affecting employee wellbeing, which in a cascading effect contributes to organizational performance. The study not only explores the interrelatedness of various dimensions of social capital but also expands the scope of organizational social capital research. By establishing a direct relationship with firm performance, the study extends beyond the individual level, providing valuable insights into how social capital influences the overall effectiveness and success of an organization.
Analyzing an extensive corpus of literature focused on social capital unveils a dynamic interplay between individual or group network and its profound impact on the performance of business organizations. Social capital, a term encompassing the resources derived from these networks, has been recognized as the key influencer across various dimensions of organizational activities. This analysis delves into multifaceted ways in which social capital shapes organizational dynamics, emphasizing its discernible effects on innovation, job satisfaction, human resource policies, research and development initiatives, investment strategies, financial acquisition and overall financial performance of organizations.