An Empirical Study of the Effects of Social Capital on Industrial Relations and Firm Performance

사회적 자본이 노사관계 및 기업성과에 미치는 영향에 관한 실증연구

  • Received : 2009.11.01
  • Accepted : 2009.12.10
  • Published : 2009.12.01

Abstract

The purpose of this study is to examine the effects of social capital on industrial relations and firm performance, and to find out social capital is the antecedent factor of industrial relations. To serve the purpose of this study, we conducted the extensive survey on department managers and labor delegates of 110 Korean manufacturing firms. From the result, we identified that the industrial relations are more cooperative as the level of social capital increases, and the firm which has good relations between labor and management shows high performance. In addition, two factors of social capital (Trust/Participation) directly affect to the firm performance.