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Exploring the role of social capital mechanisms in cooperative resilience

Lookup NU author(s): Professor Suraksha Gupta

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).


Abstract

© 2022. 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.


Publication metadata

Author(s): Wulandhari NBI, Golgeci I, Mishra N, Sivarajah U, Gupta S

Publication type: Article

Publication status: Published

Journal: Journal of Business Research

Year: 2022

Volume: 143

Pages: 375-386

Print publication date: 01/04/2022

Online publication date: 21/01/2022

Acceptance date: 10/01/2022

Date deposited: 06/04/2022

ISSN (print): 0148-2963

ISSN (electronic): 1873-7978

Publisher: Elsevier Inc.

URL: https://doi.org/10.1016/j.jbusres.2022.01.026

DOI: 10.1016/j.jbusres.2022.01.026

ePrints DOI: 10.57711/44mx-x244


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