The Impact of Social Capital on Performance of Entrepreneurship in the Banking Industry of ASEAN Countries

Abstract

The purpose related to the article is to examine the impact of social capital on the performance of entrepreneurship in the banking industry of ASEAN countries. The data was extracted from the database of individual banks as well as the database of World Bank from 2003 to 2018 and logistic model is employed to test the hypotheses. The findings exposed that the strong social capital has greater impact on the performance of entrepreneurship in positive way in the banking industry of ASEAN countries. These findings give the suggestions to the authorities that implement the policies in the institutions that they should strongly implemented the policies that enhance the social link of the institution, which is necessary for the effective performance of entrepreneurship.