Issue |
E3S Web Conf.
Volume 208, 2020
First Conference on Sustainable Development: Industrial Future of Territories (IFT 2020)
|
|
---|---|---|
Article Number | 07004 | |
Number of page(s) | 6 | |
Section | Corporate Sustainability and Corporate Social Responsibility | |
DOI | https://doi.org/10.1051/e3sconf/202020807004 | |
Published online | 24 November 2020 |
Social capital in the system of corporate sustainability
Ural State University of Economics, 8 Marta/NarodnayaVolya Str., 62/45, 620144 Ekaterinburg, Russia
* Corresponding author: bentarask@list.ru
Social capital is a key factor in corporate sustainability in the ecosystem era. Analysis of the theoretical background reveals that social capital can function at all levels of economy – from the individual to the state. Therefore, social capitalis on the one hand an independent resource generating income. On the other hand, social capital provides access to the ecosystem actors’ resources.Oftentimes stakeholders underestimate social capital because of its intrinsic “public good” quality and limit investment in it. The ecosystem social capital structure includes several dimensions. The elements of each dimension are applied to strengthen the performance of corporate sustainability indicators.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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