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Exploring the role of social capital mechanisms in cooperative resilience
Wulandhari, N.B.I. Gölgeci, I. Mishra, N. Gupta, S.
Wulandhari, N.B.I.
Gölgeci, I.
Mishra, N.
Gupta, S.
Publication Date
2022-04
End of Embargo
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Rights
Crown Copyright © 2022 Published by Elsevier Inc. All rights reserved. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.
Peer-Reviewed
Yes
Open Access status
openAccess
Accepted for publication
10/01/2022
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Embargo end date
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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.
Version
Accepted manuscript
Citation
Wulandhari NBI, Gölgeci I, Mishra N et al (2022) Exploring the role of social capital mechanisms in cooperative resilience. Journal of Business Research. 143: 375-386.
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Article