Researchers have used CRANET data to explore how Swiss companies can increase their organisational perfomance by profiting from social capital. Social capital reflects an organization’s overall ability to share and leverage knowledge among and between networks of employees, customers, suppliers, and alliance partners. Researcher focused specifically on the role of nepotism, i.e. preferential treatment of family members in human resource management related decisions, and showed that in spite of known negative effects of nepotism, it can bring benefits in terms of optimal use of social capital in family firms.
11th November 2019