Social capital, job efforts and work life employee's quality

Managerial competence and financial performance of SMEs: the contingent role of stakeholder engagement

“…Maak and Pless (2006, p.103) posit that in the context of stakeholder theory, the purpose of management "can be understood as to build and cultivate sustainable and trustful relationships to different stakeholders inside and outside the organization and to coordinate their actions to achieve common objectives and business sustainability". In order to leverage the benefits related to social capital, it is imperative that managers develop good linkages with several stakeholders (Ghashghaeinejad and Hossein, 2016). Burt (1997, p.339), a strong advocate of social capital theory, remarks: "knowing who, when, and how to coordinate is a function of the manager's network of contacts with and beyond the firm".…”