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Social Capital Management Challenges: Thailand

Social Capital Management Challenges: Thailand
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Author(s): Scott A. Hipsher (Webster University, Thailand)
Copyright: 2016
Pages: 18
Source title: Multinational Enterprise Management Strategies in Developing Countries
Source Author(s)/Editor(s): Mohammad Ayub Khan (Tecnológico de Monterrey, Mexico)
DOI: 10.4018/978-1-5225-0276-0.ch013

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Abstract

Social capital is an abstract concept, yet it is widely believed the core aspects of social capital, the quality and quantity of social relationships, are important factors in organizational and individual success. An examination of the use of bonding and bridging social capital within Thailand was made. It was found, in principle; the managing of social capital in Thailand is similar to managing social capital in other locations, although the specific practices should be aligned with the unique cultural values found in Thailand. It is suggested that creating and using both bridging and bonding social capital are important components of the business environments found in Thailand.

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