{"id":18713,"date":"2020-10-31T16:00:28","date_gmt":"2020-10-31T10:30:28","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=18713"},"modified":"2020-10-31T16:00:31","modified_gmt":"2020-10-31T10:30:31","slug":"operation-of-social-capital-under-ngo","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/operation-of-social-capital-under-ngo\/","title":{"rendered":"Operation of Social Capital under NGO"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Social capital basically\nallows a group of people to work together efficiently to accomplish a common\nprinciple &amp; goal. It permits any society or an association like a&nbsp;corporation&nbsp;&amp;\nan NGO, to function and work together as a whole while maintaining the trust\nwith shared identity, rules, principles, and maintaining mutual relationships. In\nsimple words, Social capital under NGO benefits society as a whole by\ndeveloping social relationships between NGO and the concerned person.<\/p>\n\n\n\n<p>The term social\ncapital are into use recently, where the concept itself suggests that social\nrelationships can have productive or useful outcome for any entity or group.\nThe above said thing has been discovered for quite some time. Social Capital under\nNGO is commonly used to illustrate the civil as well as&nbsp;social\nresponsibility&nbsp;&amp; it also describes how members of an NGO work together\nto live peacefully as well as in harmony. The definition of Social Capital is\npurely social with no financial implications when used in the context of an\nNGO.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/operation-of-social-capital-under-ngo\/#What_is_Social_Capital_under_NGO\" >What is Social\nCapital under NGO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/operation-of-social-capital-under-ngo\/#How_NGO_Activities_Affect_Operation_of_Social_Capital\" >How NGO Activities\nAffect Operation of Social Capital?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/operation-of-social-capital-under-ngo\/#Development_of_Social_Capital_under_NGO\" >Development of Social\nCapital under NGO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/operation-of-social-capital-under-ngo\/#Impact_of_Social_Capital_under_NGO_on_Economic_Performance\" >Impact of Social\nCapital under NGO on Economic Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/operation-of-social-capital-under-ngo\/#Social_Capital_Impact_on_Economic_Performance_%E2%80%93_Levels\" >Social Capital\nImpact on Economic Performance &#8211; Levels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/operation-of-social-capital-under-ngo\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Social_Capital_under_NGO\"><\/span>What is Social\nCapital under NGO?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A social capital perception includes virtually all forms of traditional culture which includes social groups like clans, village associations, tribes, religious sections, and similar units that are supported by rules, perspectives &amp; behavior that shows cooperation. A modern society includes a large number of partly covered social groups that permit multiple memberships as well as identities.  To use social capital for the benefit and use of any institutions, <a href=\"https:\/\/corpbiz.io\/ngo-registration\"><strong>NGO Registration<\/strong><\/a> is mandatory. <\/p>\n\n\n\n<p>Traditional\nsocieties like rural India have better access to social capital in small social\nunits, but have less opportunity for multiple memberships, thus transferring\ninformation, innovation, and human resources are less resulting in a slower\ngrowth of the NGO.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_NGO_Activities_Affect_Operation_of_Social_Capital\"><\/span>How NGO Activities\nAffect Operation of Social Capital?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>Activities that affect operation of social capital under NGO are demonstrated below-<\/strong><\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Specific Goals for operation of\nSocial Capital-<\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"580\" height=\"340\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-121.png\" alt=\"NGO Activities Affect Operation of Social Capital\" class=\"wp-image-18714\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-121.png 580w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-121-300x176.png 300w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/><\/figure><\/div>\n\n\n\n<ul><li>The first aim is to study the NGOs policy for the development program for the poor. The development program can include developing social capital and institutions to support the lowest groups and the poor.<\/li><li>The second aim is to investigate how the social capital under NGO has been linked to success or failure in reducing poverty in selected areas. An inspection of social capital in selected areas is to be conducted and the results are related to earlier efforts for collective actions of NGO. <\/li><\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/full-guide-ngo-registration-types-and-benefits\/\">Guide on NGO Registration: Types and Benefits<\/a><\/mark><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Types of Social Capital <\/h3>\n\n\n\n<p><em><strong>There are two types of Social Capital under NGO-<\/strong><\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"664\" height=\"208\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-122.png\" alt=\"Types of Social Capital \" class=\"wp-image-18715\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-122.png 664w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-122-300x94.png 300w\" sizes=\"(max-width: 664px) 100vw, 664px\" \/><\/figure><\/div>\n\n\n\n<p>Structural social\ncapital and cognitive social capital can be regarded as a type of capital that\nis basically used by NGOs because they need investment of time as well as\nefforts. <\/p>\n\n\n\n<p>The above given concept\nof Social capital is less imprecise than many other definition of social\ncapital. Yet it does not contradict the vibrant quality of the capital.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Development_of_Social_Capital_under_NGO\"><\/span>Development of Social\nCapital under NGO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Let us now\ninvestigate how social capital has to be developed and accumulate over time. If\nwe consider social capital as an informal norm, that creates cooperation which\nis a clear-cut explanation of where the Social Capital comes from.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What is the role of NGOs\nconcerning operation of Social Capital?<\/h3>\n\n\n\n<p><em><strong>Role of NGOs in relation to social capital are as follows-<\/strong><\/em><\/p>\n\n\n\n<ul><li>Applying efforts to develop and\nallocate the social capital to ensure a 100% impact and reporting;<\/li><li>Increase in the awareness among\nthe social community;<\/li><li>Enhance the flexibility for\nvulnerable poor citizens of the society;<\/li><li>Conduct in-depth research for\noperation of Social Capital under NGO;<\/li><li>Collecting the vital\ninformation regarding the use of social capital.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_of_Social_Capital_under_NGO_on_Economic_Performance\"><\/span>Impact of Social\nCapital under NGO on Economic Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The importance\nof social capital for economic performance is as follows-<\/em><\/strong><\/p>\n\n\n\n<p>It is often\ndiscussed that growth can be improved in countries where social or political\ninstitutions depress rent-seeking actions by increasing the level of social\ncapital which lowers the transaction costs through contracts. It also shows\nthat there is increase in trust between groups or individuals that encourages\ngrowth as well as production. <\/p>\n\n\n\n<p>However,\ndifferent societies have diverse cultural capacities for registering their NGOs.\nDecentralization in this case will create much reliable management structure\nthat will affect the responsibility which in turn will increase the social\ncapital level under NGO. This suggests that some reforms cannot be transformed\nto other societies lacking in social capital. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Determinants of Social Capital<\/h3>\n\n\n\n<p><em><strong>Determinants of social capital are given below- <\/strong><\/em><\/p>\n\n\n\n<ul><li>It specifies that educational ability is associated with trust as well as political social arrangements; <\/li><li>Apparently, Social capital is probably one of the intangible assets; that tends to be undervalued by markets because it is difficult to measure; <\/li><li>Social capital is an essential means of production and <em><strong>development<\/strong><\/em><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Development\"><em><strong>[1]<\/strong><\/em><\/a><\/sup> because it reduces transaction costs related with coordination methods such as contracts, hierarchies and technical rules;<\/li><li>It is also favorable in cooperation between individuals within home, companies, institutions or communities. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Social_Capital_Impact_on_Economic_Performance_%E2%80%93_Levels\"><\/span>Social Capital\nImpact on Economic Performance &#8211; Levels <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>Social capital affects growth on many levels, but basically on these three levels:-<\/strong><\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"736\" height=\"277\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-123.png\" alt=\"Social Capital Impact on Economic Performance - Levels \" class=\"wp-image-18716\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-123.png 736w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/10\/image-123-300x113.png 300w\" sizes=\"(max-width: 736px) 100vw, 736px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Macro level<\/h3>\n\n\n\n<p>If the nation\nfaces high levels of institutional and political devolution then the advanced\nlegal systems as well as a strong democratic regime will be operational. A lot\nof social capital is invested in the nation and it faced a strong macro economy\nin the country. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Sectoral level<\/h3>\n\n\n\n<p>Comparing the amount\nof social capital between various sectors, or investigating two identical firms\nwithin a sector, where the firm with copious social capital should outperform\nthe other firm. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Community level<\/h3>\n\n\n\n<p>One or several other\ncommunities can be selected for inspection. A number of institutions within\nthese communities are targeted to indicate whether the community is rich in\nsocial capital or not. Successful collective actions depends upon on how well the\nnetworks functions, whether social norms are consistent, level of participation\namong all sectors of the population &amp; level of trust among the participants\nare consistent. <\/p>\n\n\n\n<p>Therefore social\ncapital can be well-known on macro, sectoral, and community levels and has ability\nto carry out combined actions and it is more often linked to the level of\nsocial capital under NGO.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Social Capital\nunder NGO is occupied in development of the safety as well as human rights of\nany individuals. There is no difference between social capitals under NGOs\nbecause the operation of Social Capital is same for NGOs. Still, the goal is\nmore or less identical to the objective of the NGO. Operation of social capital\nis done in the course of upliftment of the society.<\/p>\n\n\n\n<p>Furthermore,\nsociety plays a major role in participation of NGO in social issues and help in\nfinding solutions with respect to poverty and betterment of the lower group of\nthe society. The work of the NGO is to create awareness among the concerned\ngroups. Therefore NGOs have been a driving force for the country and acts as a managerial\narm for the society.<\/p>\n\n\n\n<p>Contact <a href=\"https:\/\/corpbiz.io\/\"><strong>Corpbiz<\/strong><\/a> if you want to turn your social framework into a legal entity by opting for NGO Registration.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/approach-ngo-registration-in-india\/\">How to approach NGO Registration in India? Forms &amp; Features<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Social capital basically allows a group of people to work together efficiently to accomplish a common principle &amp; goal. It permits any society or an association like a&nbsp;corporation&nbsp;&amp; an NGO, to function and work together as a whole while maintaining the trust with shared identity, rules, principles, and maintaining mutual relationships. In simple words, Social [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":18753,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[1164],"acf":{"service_id":"407"},"authorName":"Sakshi Srivastava","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/IMG-20180130-WA0007.jpg","authorDescription":"Sakshi has pursued B.B.A.LL.B.(IPR Hons.). She is an avid reader and is keen to gather and share her knowledge on the subjects relating to IPR, Company Law and GST. Priorly she has worked as a legal researcher and vide her articles she aims at improving the core knowledge of the subjects to the masses.","postViews":5888,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/18713"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=18713"}],"version-history":[{"count":8,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/18713\/revisions"}],"predecessor-version":[{"id":18742,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/18713\/revisions\/18742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/18753"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=18713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=18713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=18713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}