The Impact of Social Capital on Managerial Reputation

This paper examines the impact of managers’ social capital on managerial reputation. Two dimensions of social capital are compared - the structural embeddedness (i.e. work relations) of a manager's network and the relational embeddedness (i.e., quality) of those relations. Based on a sample 28 managers are the richest managers in Turkey according to the Forbes 100, this paper presents evidence indicating that both elements of social capital influence managerial reputation, although in distinct ways. Structural embeddedness plays a stronger role in explaining family based reputation whereas relational embeddedness plays a stronger role in explaining individual reputation. This research considers exchanges of strategic resource within firms as key to value creating behaviors and contributes a deeper understanding of how social capital influences strategic resource supplyment.