Stakeholder relations as social capital in early modern international trade

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dc.contributor.author Ojala, Jari
dc.contributor.author Luoma-aho, Vilma
dc.date.accessioned 2012-04-02T09:21:00Z
dc.date.available 2012-04-02T09:21:00Z
dc.date.issued 2008
dc.identifier.citation Ojala, J. & Luoma-aho, V. (2008). Stakeholder Relations as Social Capital in Early Modern International Trade. Business History, 50 (6), 749-764. DOI:10.1080/00076790802420310
dc.identifier.issn 0007-6791
dc.identifier.uri http://hdl.handle.net/123456789/37658
dc.description.abstract Stakeholder relations that are available through networks of various sorts are one benefit from social capital. According to the stakeholder approach to organizations, those relationships that contain most of the important attributes—such as power, legitimacy, frequency of contact, and urgency—hypothetically dominate the business environment. This has caused modern corporations to view chiefly the dominant stakeholders as important. This study tests the importance of these attributes in early modern international trade; in other words, which attributes played a major role in the relations between Finnish tradesmen and their foreign contacts? The archives of two major Finnish trading houses from 1781−1852 provide sources to study these stakeholder relations. The results of the study seem to confirm the importance of legitimacy and power in stakeholder relations, but they particularly emphasize the significance of frequency and urgency. Furthermore, dealings repeated over time between the parties created a resource dependency, and, thus, further underlining frequency and power as important stakeholder attributes. fi
dc.language.iso eng
dc.publisher Taylor & Francis
dc.relation.ispartofseries Business History
dc.rights © Taylor & Francis. This is a final draft version of an article whose final and defenitive form has been published in the journal 'Business History' by Taylor & Francis.
dc.subject.other stakeholders en
dc.subject.other social capital en
dc.subject.other sidosryhmät fi
dc.subject.other sosiaalinen pääoma fi
dc.title Stakeholder relations as social capital in early modern international trade
dc.type Article en
dc.identifier.urn URN:NBN:fi:jyu-201204021500
dc.subject.kota
dc.contributor.laitos Historian ja etnologian laitos fi
dc.contributor.laitos Viestintätieteiden laitos fi
dc.contributor.laitos Department of History and Ethnology en
dc.contributor.laitos Department of Communication en
dc.type.uri http://purl.org/eprint/type/SubmittedJournalArticle
dc.identifier.doi DOI:10.1080/00076790802420310
dc.description.version Author's Final draft
eprint.status http://purl.org/eprint/type/status/PeerReviewed

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