T H E R O L E A N D L I N K O F S O C I A L C A P I T A L

Behind the scene of Human

Capital

What is it?

a variety of different entities with two elements in common: they all consist of a social structure, and they facilitate certain actions of actors- whether personal or corporate actors- within the structure

For the majority of writers it has been defined in terms of networks, norms and trust and the way these allow agents and institutions to be more effective in achieving common objectives.

Financial income and parental education are two determinates of child wellbeing rooted in a long tradition of sociological and economic research

Third component-Relationships which have two parts- structure and its quality

to look at relationships and the way they assist children in attaining life outcomes

Key Findings

Bonding social capital-examining the effect of parental decision on the educational level of children

Bridging social capital-effect of professional networks and career counselling on education attainment

use of Logistic regression because of the nature of the responses and the type of variables entering into the function

Future career decision based outside the family circle is explained by the trust on the information gathered so far and the effect of that information on education

higher educational outcomes depend on the income of the households

implicit view that the education attainment until now is primarily based on decisions within the family

Conclusion

Future education decisions depend on the level of education acquired till date

Trust professional networks also depends on the satisfaction level from our previous outcomes

Women do not have equal trust on the outside family bounds as men do

Need to look backwards into the factors shaping the human capital outcomes