Bijoy Kumar Dey, Ujjwal Kanti Paul, Gurudas Das, Tanuj Mathur
{"title":"How Does Human, Financial and Social Capital Affect a Firm’s Performance? Evidence from Handloom Enterprises in Assam","authors":"Bijoy Kumar Dey, Ujjwal Kanti Paul, Gurudas Das, Tanuj Mathur","doi":"10.1177/09721509231157008","DOIUrl":null,"url":null,"abstract":"This article examines how human, financial and social capital affects the performance of handloom enterprises in the Indian state of Assam. The study employs a random sample of 340 handloom micro-entrepreneurs from Assam’s three districts. Tobit model and the hierarchical regression have investigated the link between a firm’s performance and human, financial and social capital. The results reveal that human, financial and social capital positively affects the performance of handloom firms. Aside from these, the study found that firm performance is positively influenced by innovation and the use of technology. Finally, some policy implications are provided based on the findings.","PeriodicalId":47569,"journal":{"name":"Global Business Review","volume":null,"pages":null},"PeriodicalIF":2.3000,"publicationDate":"2023-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Global Business Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/09721509231157008","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
This article examines how human, financial and social capital affects the performance of handloom enterprises in the Indian state of Assam. The study employs a random sample of 340 handloom micro-entrepreneurs from Assam’s three districts. Tobit model and the hierarchical regression have investigated the link between a firm’s performance and human, financial and social capital. The results reveal that human, financial and social capital positively affects the performance of handloom firms. Aside from these, the study found that firm performance is positively influenced by innovation and the use of technology. Finally, some policy implications are provided based on the findings.
期刊介绍:
Global Business Review is designed to be a forum for the wider dissemination of current management and business practice and research drawn from around the globe but with an emphasis on Asian and Indian perspectives. An important feature is its cross-cultural and comparative approach. Multidisciplinary in nature and with a strong practical orientation, this refereed journal publishes surveys relating to and report significant developments in management practice drawn from business/commerce, the public and the private sector, and non-profit organisations. The journal also publishes articles which provide practical insights on doing business in India/Asia from local and global and macro and micro perspectives.