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Exploring the role of social capital mechanisms in cooperative resilience

Wulandhari, Nur Baiti Ingga; Gölgeci, Ismail; Mishra, Nishikant; Sivarajah, Uthayasankar; Gupta, Suraksha

Authors

Nur Baiti Ingga Wulandhari

Ismail Gölgeci

Uthayasankar Sivarajah

Suraksha Gupta



Abstract

We contribute to research on cooperative resilience by examining how their main advantage of social foundations may facilitate the assembly of resilience capabilities. Drawing from the social capital literature, we focus on the strategies and activities of a nationally known rural cooperative in Indonesia to reveal social capital mechanisms, specifically channeling and targeting social capital, that underlie diverse sets of resilience capabilities. By conceptualizing cooperative resilience according to cooperatives’ dual objectives of economic and social viability, we build an empirically grounded framework that encompasses social capital-driven mechanisms that underlie cooperative resilience. Economically, strengthening social capital (channeling) may result in organizational transparency and collaborative work, while widening social networks (targeting) develops velocity and flexibility. Socially, both mechanisms lead to the emergence of individual-level resilience capabilities. Our study informs business research on resilience by conceptualizing it in the context of cooperatives and shedding light on its underlying social capital-driven mechanisms.

Citation

Wulandhari, N. B. I., Gölgeci, I., Mishra, N., Sivarajah, U., & Gupta, S. (2022). Exploring the role of social capital mechanisms in cooperative resilience. Journal of business research, 143, 375-386. https://doi.org/10.1016/j.jbusres.2022.01.026

Journal Article Type Article
Acceptance Date Jan 10, 2022
Online Publication Date Jan 21, 2022
Publication Date 2022-04
Deposit Date Jun 14, 2022
Publicly Available Date Jul 22, 2023
Journal Journal of Business Research
Print ISSN 0148-2963
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 143
Pages 375-386
DOI https://doi.org/10.1016/j.jbusres.2022.01.026
Keywords Cooperatives; Social capital; Resilience; Grounded theory
Public URL https://hull-repository.worktribe.com/output/3917793