Social Capital of Enterprises,Financial Performance and Sustainability——Based on the Panel Data of Listed Companies in China

In China's current situation,social capital is an important means of enterprise for resources.Enterprises seeking for allocation of scarce resources in contemporary China through the social network has become a mainstream way.This paper demonstrated that the social capital of enterprises can influence financial performance based on the listed companies in Shanghai Securities Exchange from 2002 to 2006.Research discovered that the social capital enterprise can improve companies performance and financial performance.This paper enriches not only the content of measuring literature about social capital but also helps to understand the informal institutional reasons behind the strong economic growth of China.