Based on the balanced scorecard (BSC), a strategic alignment among different departments and external parties is the key to improve organizational performance. According to the “social exchange theory”, an organization exploits opportunities to align with external partners, such as...

Starting from sociological perspectives on complexity, we show how the social capital of boards and owners networks affects the implied cost of capital of companies listed on Brazilian stock exchange. We specifically show arguments and evidence that the effect of the relational resources found...