Organizational Social Capital and Anticorruption Policies: An Exploratory Analysis

Exploring the Relationship between Formal and Informal Institutions, Social Capital, and Entrepreneurial Activity in Developing and Developed Countries

“…Corruption also tends to appear in the institutional social context [87]. In countries where people tend to move away from legal norms, any illegal behavior becomes normal as long as it is accepted and followed by many people [88].…”

“…Analyzing each of the components of social capital, according to Mitchell [92] networks are constituted by information, exchange, and expectations; thus, social networks are frameworks for evaluating the behavior of people in different situations [93]. High levels of trust in institutions and compliance to norms can lower practices of corruption [87,94]. Finally, if anticorruption values are strongly shared within society, this will be more likely to result in an incentive for entrepreneurial activity [59,87].…”

“…High levels of trust in institutions and compliance to norms can lower practices of corruption [87,94]. Finally, if anticorruption values are strongly shared within society, this will be more likely to result in an incentive for entrepreneurial activity [59,87]. Additionally, the networks act as a monitoring agent of public administration.…”

“…Additionally, the networks act as a monitoring agent of public administration. This behavior introduces better managerial practices that affect organizational growth [87].…”

“…Social capital could be a good explanatory factor for the reduction of corruption in developing and developed countries-a situation that would improve the probability of starting new firms. However, the social context and the policies for eradicating corruption usually tend to be more feasible and more common in developed countries [87]. Aidt [95] contended that in developing countries, efficient corruption arises to facilitate the trade between agents that is not possible otherwise.…”