The Effect of Social Capital on Creating Shared Value for Educational Companies

HONG,, S. , & KIM,, S. (2022). The Effect of Social Capital on Creating Shared Value for Educational Companies. The Journal of Industrial Distribution & Business, 13(2), 33-43, https://doi.org/https://doi.org/10.13106/jidb.2022.vol13.no3.33

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Abstract

Purpose: To examine the strength of social capital (SC) that are likely to affect Created share value (CSV) factors. This research aims to conduct a literature review to establish the components of SC and CSV identified within educational research and use factor analysis to identify how numerical values differ from the average and the amount of variance expressed in eigenvalue and factor score. Research design, data and methodology: To achieve the purpose of the study and provide adequate empirical results, we conducted the structural equation analysis using IBM AMOS 24.0 and collect online questionnaires from top practitioners, managers and non-managerial employees in Korean education firms, which will be used to conduct a factor analysis to assess SC's effect on CSV. Results: Final analysis of the path coefficient of the research model indicated that the SC values based on six have a significantly positive (+) effect on CSV values based on three categories (β=.35, p<.001). Therefore, the current research accepts the hypothesis in determining that SC can enhance the impact of CSV in educational companies. Conclusions: From the study, the practitioners of education companies should make more efforts to find action plans to create corporate social responsibility and shared value, which are required throughout society.

keywords: Creating Social Value, Sustainable Social Capital, Educational Firm

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Article Contents

Vol.13 No.2

The Effect of Social Capital on Creating Shared Value for Educational Companies

Abstract

Reference

The Journal of Industrial Distribution & Business