The Impact of External Social Capital on Human Resource Management Practices

Abstract

The studies focusing on social capital concerning Turkey are all at the societal level. Data corresponding to individual level social capital is not taken into consideration in the available research. Researches in social capital literature are mostly focusing on internal social capital and discounting the importance of external social capital. Nonetheless recent studies disclose the fact that although Turkey has relatively low internal social capital level, it has a relatively high external social capital capacity. The main purpose of this study is to analyze the favorable and unfavorable influences of the strong external social capital argued to exist in Turkish context. Also creation of external social capital and its possible effect on human resource applications such as employment, performance evaluations, promotions, rewarding systems and deployment is depiced. More clearly, in this study, the influence of high external social capital on organizational practices is discussed analyzed and propositions for further empirical research is presented.