One day a pair of brothers working together as shoemakers had an explosive fight that split the family business in two. Over the coming years, this disagreement divided their town— residents and businesses chose sides. Could such a...

Social capital theory, including Robert Putnam's and Pierre Bourdieu's view, has important business implications for leaders.

In essence, social capital is a term that describes the power of relationships, the value found in...

Social exchange theory explains how and why people decide to initiate and maintain relationships using an economic metaphor of relational costs, rewards, profits, and losses.