Exploring the role of social capital mechanisms in cooperative resilience

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

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