A Study on the Relationship between Social Capital and Enterprise Performance in the Cultural and Performing Arts Industry: The Mediating Role of Business Model

Abstract

Based on the data collected through the investigation of fifty-eight enterprises engaging in cultural and performing arts, this paper attempts to employ the multiple regression analysis model to uncover the relationship among social capital, business model and enterprise performance.A conceptual model about the relationship among social capital, business model and enterprise performance is built in this study according to the social capital theory and the basic theory of resources. From the organizational perspective, this paper will discuss how to promote enterprise performance to make the economic transformation and industrial upgrading of the cultural and performing arts industry in Guangdong, Hong Kong and Macao possible.

Social Capital and Performance of Manufacturing MSMEs in Kenya

“…Their findings broadly affirmed that relational social capital impacted firm performance. These conclusions concurred with those of Tan, Sutanto and Tan [34] and [30], both of whose outcomes displayed a substantial impact of relational social capital on enterprise performance.…”

“…The research findings concurred with the proponents of the social capital theory who posited that network ties facilitate access to knowledge and resources, hence facilitating the sharing of information [18]; and that MSMEs evolve and develop under steady relationship structures. Various other studies exhibited that relational social capital had a noteworthy effect on enterprise performance [28][29][30].…”

“…Among the researchers who investigated the association between relational social capital and performance of ventures include [30][31][32][33]. Their findings broadly affirmed that relational social capital impacted firm performance.…”