Social Capital and Transaction Costs: A Study of Small Enterprises in Sri Lanka

Priyanath, H. M. S.

ISBN 10: 613399181X / ISBN 13: 9786133991811

Published by LAP LAMBERT Academic Publishing, 2017

About this Item

348 pages. 8.66x5.91x0.79 inches. In Stock.

Seller Inventory # zk613399181X

Bibliographic Details

• Title: Social Capital and Transaction Costs: A Study of Small Enterprises in Sri Lanka
• Publisher: LAP LAMBERT Academic Publishing
• Publication Date: 2017
• Language: English
• ISBN 10: 613399181X
• ISBN 13: 9786133991811
• Binding: Paperback
• Condition: Brand New
• Weight: 0.57 kilograms

About this title

Synopsis

Small Enterprises (SEs) have a higher failure rate due to various limitations mostly reflected in Transaction Costs (TC). They fail to govern TC in an economizing manner due to the information and resource limitation. Instead, SEs develop informal and personal relationships with different members of the network expecting supports in order to overcome their limitations (resources and information). The network relationships lead to build Social Capital (SC) and thereby facilitate access to information and resources which have an influence on mitigating TC. Therefore, the study attempted to explore how SC affect the TC of SEs in Sri Lanka. The study mainly employed the survey method to gather data using quantitative methodological approach. The data were collected from 373 SEs located in nine Districts representing all Provinces in Sri Lanka, conducting face-to-face personal interviews with the respondents. The data were analyzed using Partial Least Squares-Structural Equation Modelling.

About the Author

Dr. H. M. S. Priyanath, (Associate Professor), Department of Economics and Statistics, Sabaragamuwa University of Sri Lanka,Belihuloya,Sri Lanka.