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Impact of Information Accessed Through Social Capital on Rational Ability of Owner Manager Small Enterprises in Sri Lanka

Received: 26 June 2017    Accepted: 11 July 2017    Published: 23 October 2017
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Abstract

The study explored how information accessed through Social Capital (SC) affect the improvement of rational ability of Owner Manager Small Enterprises (OMSEs) in Sri Lanka. Data were collected from 373 Small Enterprises (SEs) located all the Provinces in Sri Lanka, conducting face to face interviews with respondents. The data were analysed using Partial Least Squares-Structural Equation Modelling. The results provided sufficient evidences to conclude that information access through different dimensions of SC (structural, relational and cognitive) have significant positive effects on the improvement of rational ability of OMSEs in Sri Lanka. The empirical results expand the understanding the relative efficacy of SC and rational ability in the context of SEs in a less develop country and deliver an alternative insights for policy makers to develop SEs by creating a conducive environment for strengthening SC of SEs in order to access more information.

DOI 10.11648/j.ebm.20170304.12
Published in European Business & Management (Volume 3, Issue 4, July 2017)
Page(s) 65-75
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Information Asymmetric, Owner Manager Small Enterprises, Rational Ability, Social Capital, Transaction Costs

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Author Information
  • Department of Economics and Statistics, Sabaragamuwa University of Sri Lanka, Belihuloya, Sri Lanka

  • Department of Economics, University of Colombo, Colombo, Sri Lanka

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  • APA Style

    H. M. S. Priyanath, S. P. Premaratne. (2017). Impact of Information Accessed Through Social Capital on Rational Ability of Owner Manager Small Enterprises in Sri Lanka. European Business & Management, 3(4), 65-75. https://doi.org/10.11648/j.ebm.20170304.12

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    ACS Style

    H. M. S. Priyanath; S. P. Premaratne. Impact of Information Accessed Through Social Capital on Rational Ability of Owner Manager Small Enterprises in Sri Lanka. Eur. Bus. Manag. 2017, 3(4), 65-75. doi: 10.11648/j.ebm.20170304.12

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    AMA Style

    H. M. S. Priyanath, S. P. Premaratne. Impact of Information Accessed Through Social Capital on Rational Ability of Owner Manager Small Enterprises in Sri Lanka. Eur Bus Manag. 2017;3(4):65-75. doi: 10.11648/j.ebm.20170304.12

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  • @article{10.11648/j.ebm.20170304.12,
      author = {H. M. S. Priyanath and S. P. Premaratne},
      title = {Impact of Information Accessed Through Social Capital on Rational Ability of Owner Manager Small Enterprises in Sri Lanka},
      journal = {European Business & Management},
      volume = {3},
      number = {4},
      pages = {65-75},
      doi = {10.11648/j.ebm.20170304.12},
      url = {https://doi.org/10.11648/j.ebm.20170304.12},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ebm.20170304.12},
      abstract = {The study explored how information accessed through Social Capital (SC) affect the improvement of rational ability of Owner Manager Small Enterprises (OMSEs) in Sri Lanka. Data were collected from 373 Small Enterprises (SEs) located all the Provinces in Sri Lanka, conducting face to face interviews with respondents. The data were analysed using Partial Least Squares-Structural Equation Modelling. The results provided sufficient evidences to conclude that information access through different dimensions of SC (structural, relational and cognitive) have significant positive effects on the improvement of rational ability of OMSEs in Sri Lanka. The empirical results expand the understanding the relative efficacy of SC and rational ability in the context of SEs in a less develop country and deliver an alternative insights for policy makers to develop SEs by creating a conducive environment for strengthening SC of SEs in order to access more information.},
     year = {2017}
    }
    

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    T1  - Impact of Information Accessed Through Social Capital on Rational Ability of Owner Manager Small Enterprises in Sri Lanka
    AU  - H. M. S. Priyanath
    AU  - S. P. Premaratne
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    JO  - European Business & Management
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    PB  - Science Publishing Group
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    UR  - https://doi.org/10.11648/j.ebm.20170304.12
    AB  - The study explored how information accessed through Social Capital (SC) affect the improvement of rational ability of Owner Manager Small Enterprises (OMSEs) in Sri Lanka. Data were collected from 373 Small Enterprises (SEs) located all the Provinces in Sri Lanka, conducting face to face interviews with respondents. The data were analysed using Partial Least Squares-Structural Equation Modelling. The results provided sufficient evidences to conclude that information access through different dimensions of SC (structural, relational and cognitive) have significant positive effects on the improvement of rational ability of OMSEs in Sri Lanka. The empirical results expand the understanding the relative efficacy of SC and rational ability in the context of SEs in a less develop country and deliver an alternative insights for policy makers to develop SEs by creating a conducive environment for strengthening SC of SEs in order to access more information.
    VL  - 3
    IS  - 4
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