An Approach to Measure Social Capital in Collaborative Networks

Part 2: Social Capital and Collaborative NetworksInternational audienceThe characterization and assessment of the social capital of a collaborative network is an important element to help promoting the success of collaboration. The development of indicators of social capital can help enterprise managers not only to analyze and measure their social capital but also to support the decision-making processes. However, models and mechanisms to measure the social capital in collaborative contexts are lacking. Starting with a brief discussion about the nature of social capital and applying some concepts from social networks theory this paper introduces some perspectives and criteria to identify and measure the value of social capital of a member of a Virtual organization Breeding Environment

The Importance of Financial Leverage and Risk Aversion in Risk-Management Strategy Selection

The problem of choice among risk-management strategies is addressed with the stochastic dominance with a risk-free asset (SDRA) criteria. The SDRA criteria consider all possible combinations of the strategies and financial leverage. This allows for strategies with less business risk, less expected return, and greater leverage to dominate strategies with greater business risk and greater expected return. Results show that the inclusion of the risk-free asset significantly improves the discriminatory power of the ordinary stochastic dominance criteria for the case of risk-management strategies. Copyright 2002, Oxford University Press.