The Role of Social Network, Social Norms and Trust Towards Board Active Participation Behavior in Cooperative Governance
Abstract
Objective: The purpose of this paper is to determine the relationship between social factors i.e. : Social network, social norms and trust, and its relationship with board members active participation behavior (BAPB) in cooperative governance.
Methodology: A questionnaire survey was administered to 500 board members from cooperatives throughout Peninsular Malaysia. The hypotheses path was tested by conducting coefficient regression analysis and Structural Equation Modeling (SEM)
Results:. The research found a positive correlation between social network and social norms with BAPB. However, there is no relationship between trust and BAPB.
Implications: This research presents a conceptually yet empirically supported framework to describe the role of social network, social norms and trust for an in-depth understanding on board processes. The study particularly looks into the importance of social factors and its impact towards BAPB, from the perspective of social capital development. This paper gives valuable reference to administrator of cooperative organization for a formulation of a comprehensive human capital strategic plan for cooperatives.
Downloads
Article Analytics Summary
References
Adams, R.B.,Hermalin,B.E.,Weisbach, M. S. (2010). The role of boards of directors in corporate governance: a conceptual framework & survey. Journal of Economic Literature48,58–107., (2005), 58–107. DOI: https://doi.org/10.1257/jel.48.1.58
Auer, M. R. (2014). Collective Action and the Evolution of Social Norms: the principled optimism of Elinor Ostrom. Journal of Natural Resources Policy Research, 6(4), 265–271. DOI: https://doi.org/10.1080/19390459.2014.941177
Babic, V. M., Nikolic, J. D., & Eric, J. M. (2011). Rethinking board role performance: Towards an integrative model. Economic Annals, 56(190), 140–162. http://doi.org/10.2298/EKA1190140B DOI: https://doi.org/10.2298/EKA1190140B
Bandura, A. (1986). Social foundations of thought and action: A social cognitive theory. Prentice-Hall, Inc.
Bandura, A. (1988). Organizational Application of Social Cognitive Theory.pdf. Australian Journal of Management. DOI: https://doi.org/10.1177/031289628801300210
Bandura, A. (1999). Social cognitive theory : An agentic perspective. Asian Journal of Social Psychology, 2, 21–41. http://doi.org/10.1111/1467-839X.00024 DOI: https://doi.org/10.1111/1467-839X.00024
Barraud-Didier, V., Henninger, M. C., & Akremi, A. El. (2012). The relationship between members’ trust and participation in the governance of cooperatives: The Role of organizational commitment. International Food and Agribusiness Management Review, 15(1), 1–24.
Bartlett, J. E., Kotrlik, J. W., & Higgins, C. C. (2001). Organizational research: Determining appropriate sample size in survey research. Information Technology, Learning, and Performance Journal, 19(1), 43–50. http://doi.org/10.1109/LPT.2009.2020494 DOI: https://doi.org/10.5032/jae.2002.03001
Bijman, J., Hendrikse, G., & Oijen, A. (2013). Accommodating two worlds in one organisation: changing board models in agricultural cooperatives. Managerial and Decision Economics, 34(3–5), 204–217. DOI: https://doi.org/10.1002/mde.2584
Birchall, J., & Simmons, R. (2004a). The Involvement of Members in the Governance of Large- Scale Co-operative and Mutual Businesses : A Formative Evaluation of the Co-operative Group. Review of Social Economy, (May 2015), 37–41. http://doi.org/10.1080/0034676042000296236 DOI: https://doi.org/10.1080/0034676042000296236
Birchall, J., & Simmons, R. (2004b). What motivates members to participate in co-operative and mutual businesses? Annals of Public and Cooperative Economics, 75(3), 465–495. http://doi.org/10.1111/j.1467-8292.2004.00259.x DOI: https://doi.org/10.1111/j.1467-8292.2004.00259.x
Blau, P. M. (1964). Exchange and Power in Social Life. Exchange and Power in Social Life. http://doi.org/10.2307/2091154 DOI: https://doi.org/10.2307/2091154
Bloemer, J., Pluymaekers, M., & Odekerken, A. (2013). Trust and affective commitment as energizing forces for export performance. International Business Review, 22(2), 363–380. http://doi.org/10.1016/j.ibusrev.2012.05.002 DOI: https://doi.org/10.1016/j.ibusrev.2012.05.002
Brown, W. A. (2007). Board Development Practices and Competent Board Members. Nonprofit Management and Leadership, 17(3), 301–318. http://doi.org/10.1002/nml DOI: https://doi.org/10.1002/nml.151
Brown, W. A. (2010). Exploring the Key Roles for Nonprofit Boards, 39(3), 536–546. DOI: https://doi.org/10.1177/0899764009334588
Brown, W. A., Hillman, A. J., & Okun, M. a. (2012). Factors That Influence Monitoring and Resource Provision Among Nonprofit Board Members. Nonprofit and Voluntary Sector Quarterly, 41(1), 145–156. http://doi.org/10.1177/0899764011402510 DOI: https://doi.org/10.1177/0899764011402510
Brunie, A. (2009). Meaningful distinctions within a concept: Relational, collective, and generalized social capital. Social Science Research, 38(2), 251–265. http://doi.org/10.1016/j.ssresearch.2009.01.005 DOI: https://doi.org/10.1016/j.ssresearch.2009.01.005
Cabrera-fernández, A. I., & Martínez-jiménez, R. (2016). Women ’ s participation on boards of directors : a review of the literature. http://doi.org/10.1108/IJGE-02-2015-0008 DOI: https://doi.org/10.1108/IJGE-02-2015-0008
Carpenter, M. a, & Westphal, J. D. (2001). The Strategic Context of External Net ’ ’ Work the Strategic Cont ’ ’ Ext Ties : Examining the Impact of Director Appointments on in Strategic Decision Making. Academy of Management, 4(4), 639–660. http://doi.org/10.2307/3069408 DOI: https://doi.org/10.5465/3069408
Cechin, A., Bijman, J., Pascucci, S., & Omta, O. (2013). Decomposing the Member Relationship in Agricultural Cooperatives: Implications for Commitment. Agribusiness, 29(1), 39–61. DOI: https://doi.org/10.1002/agr.21321
Cechin, A., Bijman, J., Pascussi, S., Zybersztajn, D., & Omta, O. (2013). Drivers of pro-actives member participation in agricultural cooperatives: Evidence from Brazil. Annals of Public and Cooperative Economics, 84(4), 443–468. http://doi.org/10.1111/apce.12023 DOI: https://doi.org/10.1111/apce.12023
Chiu, C.-M., Hsu, M.-H., & Wang, E. T. G. (2006). Understanding knowledge sharing in virtual communities: An integration of social capital and social cognitive theories. Decision Support Systems, 42(3), 1872–1888. http://doi.org/10.1016/j.dss.2006.04.001 DOI: https://doi.org/10.1016/j.dss.2006.04.001
Chloupkova, J., Svendsen, G. L. H., & Svendsen, G. T. (2003). Building and destroying social capital: The case of cooperative movements in Denmark and Poland. Agriculture and Human Values, 20(3), 241–252. http://doi.org/10.1023/A:1026141807305 DOI: https://doi.org/10.1023/A:1026141807305
Choi, E., Choi, W., Jang, S., & Park, S. (2014). Does The Effectiveness Of Board Of Directors Affect Firm Performance Of Consumer Co-Operatives? The Case Of Icoop Korea. Annals of Public and Cooperative Economics, 85(3), 371–386. http://doi.org/10.1111/apce.12046 DOI: https://doi.org/10.1111/apce.12046
Coleman, J. S. (1988). Social Capital in the Creation of Human Capital ’. The American Journal of Sosiology, 94(1988), S95–S120. DOI: https://doi.org/10.1086/228943
Creswell, J. W. (1999). Mixed-method research: Introduction and application. Handbook of Educational Policy, 455–472. DOI: https://doi.org/10.1016/B978-012174698-8/50045-X
Cropanzano, R., & Mitchell, M. S. (2005). Social exchange theory: An Interdisciplinary review. Journal of Management, 31(6), 874–900. http://doi.org/10.1177/0149206305279602 DOI: https://doi.org/10.1177/0149206305279602
Crossman, A. (2017). Understanding social exchange theory. ThoughtCo., pp. 1–2. Retrieved from https://www.thoughtco.com/social-exchange-theory-3026634
Danchev, A. (2013). Social capital and sustainable behavior of the firm. http://doi.org/10.1108/02635570610688878 DOI: https://doi.org/10.1108/02635570610688878
Deng, W., & Hendrikse, G. (2013). Social Capital and Incentives in the Provision of Product Quality by Cooperatives. 140th EAAE Seminar, “Theories and Empirical Applications on Policy and Governance of Agri-Food Value Chains,” Perugia, Italy, December 13-15, 2013 1, (182687), 27.
Dickson, K. (1996). How informal can you be? Trust and reciprocity within co-operative and collaborative relationships. International Journal of Technology Management= Journal International de La Gestion Technologique.
Dirks, K. T., & Ferrin, D. L. (2002). Trust in leadership: meta-analytic findings and implications for research and practice. Journal of Applied Psychology, 87(4), 611. DOI: https://doi.org/10.1037/0021-9010.87.4.611
Dweck, C. S., & Leggett, E. L. (1988). A social cognitive approach to motivation and personality. Psychological Review, 95(2), 256–273. http://doi.org/10.1037/0033-295X.95.2.256 DOI: https://doi.org/10.1037/0033-295X.95.2.256
Ekeh, P. P. (1974). Social exchange theory: The two traditions. Heinemann London.
Emerson, R. M. (2017). Social Exchange Theory Author ( s ): Richard M . Emerson Source : Annual Review of Sociology , Vol . 2 ( 1976 ), pp . 335-362 Published by : Annual Reviews Stable URL : http://www.jstor.org/stable/2946096 SOCIAL EXCHANGE THEORY . 10529, 2(1976), 335–362. DOI: https://doi.org/10.1146/annurev.so.02.080176.002003
Enjolras, B. (2009). A governance-structure approach to voluntary organizations. Nonprofit and Voluntary Sector Quarterly, 38(5), 761–783. http://doi.org/10.1177/0899764008320030 DOI: https://doi.org/10.1177/0899764008320030
Fisher, R. J., & Ackerman, D. (1998). The Effects of Recognition and Group Need on Volunteerism: A Social Norm Perspective. Journal of Consumer Research, 25(3), 262–275. http://doi.org/10.1086/209538 DOI: https://doi.org/10.1086/209538
Flynn, F. J. (2005). Identity orientations and forms of social exchange in organizations. Academy of Management Review, 30(4), 737–750. DOI: https://doi.org/10.5465/amr.2005.18378875
Forbes, D. P., & Milliken, F. J. (1999). Cognition and corporate governance: Understanding boards of directors as strategic decision-making groups. Academy of Management Review, 24(3), 489–505. DOI: https://doi.org/10.5465/amr.1999.2202133
Fukuyama, F. (n.d.). Trust: The social virtues and the creation of prosperity. JSTOR.
Fukuyama, F. (2002). Social Capital and Development: The Coming Agenda. SAIS Review, 22(1), 23–37. http://doi.org/10.1353/sais.2002.0009 DOI: https://doi.org/10.1353/sais.2002.0009
Fukuyama, F. (2006). Social Capital and Civil Society. In Public Policy (pp. 1–13).
Gabrielsson, J., Huse, M., & Minichilli, A. (2007). Understanding the Leadership Role of the Board Chairperson Through a Team Production Approach. International Journal of Leadership Studies, 3(1), 21–39.
Garnes, S., & Mathisen, G. E. (2014). Organizational Commitment of Directors in Collaborative Tourist Organizations: Mediating Effects of Boardroom Behavior. Journal of Travel Research, 53(4), 448–461. http://doi.org/10.1177/0047287513506294 DOI: https://doi.org/10.1177/0047287513506294
Gemina, D., Samsuri, & Kusuma, I. C. (2013). Keunggulan Bersaing Koperasi Berkaitan Dengan Penerapan Intellectual Capital, Manajemen Keanggotaan Dan Partisipasi Anggota. Jurnal Manajemen Dan Kewirausahaan, 15(2), 191–203. http://doi.org/10.9744/jmk.15.2.191-204 DOI: https://doi.org/10.9744/jmk.15.2.191-204
George, J., George, R., & Kulandaiswamy, V. (2013). Member Trust’s impact on Member Satisfaction and Organizational Performance: Development of a Conceptual Model. Life Science Journal, 10(2), 604–609.
Gijselinckx, C., & Bussels, M. (2014). Farmers’ Cooperatives In Europe: Social And Historical Determinants Of Cooperative Membership In Agriculture. C, 85(4), 509–530. http://doi.org/10.1111/apce.12049 DOI: https://doi.org/10.1111/apce.12049
Glanville, J. L., Paxton, P., & Wang, Y. (2015). Social Capital and Generosity: A Multilevel Analysis. Nonprofit and Voluntary Sector Quarterly. http://doi.org/10.1177/0899764015591366 DOI: https://doi.org/10.1177/0899764015591366
Gnan, L., Hinna, A., & Scarozza, D. (2015). Conceptualizing and Researching Governance in Public and Non-Profit Organizations Article information : Studies in Public and Non-profit Governance (Vol. 1). Emerald Group Publishing Limited. http://doi.org/10.1108/S2051-6630(2013)0000001007 DOI: https://doi.org/10.1108/S2051-663020160000005017
Gordon, M. E., Philpot, J. W., Burt, R. E., Thompson, C. A., & Spiller, W. E. (1980). Commitment to the union: Development of a measure and an examination of its correlates. Journal of Applied Psychology, 65(4), 479. DOI: https://doi.org/10.1037/0021-9010.65.4.479
Hair, J. F., Anderson, R. E., Babin, B. J., & Black, W. C. (2010). Multivariate data analysis: A global perspective (Vol. 7). Pearson Upper Saddle River, NJ.
Hanel, A. (1992). Basic aspects of cooperative organizations and cooperative self-help promotion in developing countries. Marburg Consult fur Selbsthilfeforderung.
Harris, D. a., & Helfat, C. E. (2007). The Board of Directors as a Social Network: A New Perspective. Journal of Management Inquiry, 16(3), 228–237. http://doi.org/10.1177/1056492607305901 DOI: https://doi.org/10.1177/1056492607305901
Hatak, I., Lang, R., & Roessl, D. (2015). Trust, Social Capital, and the Coordination of Relationships Between the Members of Cooperatives: A Comparison Between Member-Focused Cooperatives and Third-Party-Focused Cooperatives. Voluntas, 27(3), 1–24. http://doi.org/10.1007/s11266-015-9663-2 DOI: https://doi.org/10.1007/s11266-015-9663-2
Heemskerk, K., Heemskerk, E. M., & Wats, M. (2015). Behavioral Determinants of Nonprofit Board Performance: The Case of Supervisory Boards in Dutch Secondary Education. Nonprofit Management and Leadership, 25(4), 417–430. http://doi.org/10.1002/nml.21137 DOI: https://doi.org/10.1002/nml.21137
Holm, H. J., & Nystedt, P. (2010). Collective trust behavior. Scandinavian Journal of Economics, 112(1), 25–53. http://doi.org/10.1111/j.1467-9442.2009.01593.x DOI: https://doi.org/10.1111/j.1467-9442.2009.01593.x
Hooper, P. L., Kaplan, H. S., & Boone, J. L. (2010). A theory of leadership in human cooperative groups. Journal of Theoretical Biology, 265(4), 633–646. http://doi.org/10.1016/j.jtbi.2010.05.034 DOI: https://doi.org/10.1016/j.jtbi.2010.05.034
Huggins, R. (2010). Forms of network resource: Knowledge access and the role of inter-firm networks. International Journal of Management Reviews, 12(3), 335–352. http://doi.org/10.1111/j.1468-2370.2009.00266.x DOI: https://doi.org/10.1111/j.1468-2370.2009.00266.x
Huse, M., Hoskisson, R., Zattoni, A., & Viganò, R. (2011). New perspectives on board research: Changing the research agenda. Journal of Management and Governance, 15(1), 5–28. http://doi.org/10.1007/s10997-009-9122-9 DOI: https://doi.org/10.1007/s10997-009-9122-9
Jussila, I. (2012). Governance of Co-operative Organizations : A Social Exchange Perspective, 1(2), 14–25. http://doi.org/10.5430/bmr.v1n2p14 DOI: https://doi.org/10.5430/bmr.v1n2p14
Kadir, R. A., Idris, K., & Omar, Z. (2016). Social And Individual Factors That Influence Board Participation Behaviour In The Co-Operative Governance. Journal Studia Universitatis Babes-Bolyai Negotia.
Kasabov, E. (2015). Investigating difficulties and failure in early-stage rural cooperatives through a social capital lens. European Urban and Regional Studies, 0969776415587121. http://doi.org/10.1177/0969776415587121 DOI: https://doi.org/10.1177/0969776415587121
Keefer, P., & Knack, S. (1998). Social Capital , Social Norms And The New Institutional Economics, (1990), 1–43.
Khanna, P., Jones, C. D., & Boivie, S. (2013). Director Human Capital, Information Processing Demands, and Board Effectiveness. Journal of Management, 40(2), 557–585. http://doi.org/10.1177/0149206313515523 DOI: https://doi.org/10.1177/0149206313515523
Kim, Y., & Cannella, A. A. (2008). Toward a social capital theory of director selection. Corporate Governance, 16(4). http://doi.org/10.1111/j.1467-8683.2008.00693.x DOI: https://doi.org/10.1111/j.1467-8683.2008.00693.x
Korac-Kakabadse, N., Kakabadse, A. K., & Kouzmin, A. (2001). Board governance and company performance: any correlations? Corporate Governance: The International Journal of Business in Society, 1(1), 24–30. http://doi.org/10.1108/EUM0000000005457 DOI: https://doi.org/10.1108/EUM0000000005457
Krishnan, A., Barnett, K., Mccormick, J., Newcombe, G., Krishnan, A., Barnett, K., … Newcombe, G. (2016). A social cognitive investigation of Australian independent school Boards as teams . http://doi.org/10.1108/JEA-01-2015-0005 DOI: https://doi.org/10.1108/JEA-01-2015-0005
Lewicki, R. J., & Bunker, B. B. (1996). Developing and Maintaining Trust in Work Relationships. Trust in Organizations: Frontiers of Theory and Research, (November), 114–139. http://doi.org/10.4135/9781452243610.n7 DOI: https://doi.org/10.4135/9781452243610.n7
Liang, Q., Huang, Z., Lu, H., & Wang, X. (2015). Social Capital , Member Participation , and Cooperative Performance : Evidence from China ’ s Zhejiang, 18(1), 49–78.
Liang, Q., Huang, Z., & Wang, X. (2004). Social capital in Chinese farmer cooperatives : Function and influencing factors, 1–12.
Lin, K.-J., & Huang, Y.-L. (2012). Employee Participation, Trust and Affective Commitment. Cambridge Business & Economics Conference.
MacDougall, H., Crawford, P., Powis, A., & Dimma, W. (1993). Improving board effectiveness. Business Quarterly, 57(3), 11. http://doi.org/10.1108/09670731111111588 DOI: https://doi.org/10.1108/09670731111111588
Maktab Kerjasama Malaysia. (2010). Pentadbiran Koperasi (2nd ed.). Petaling Jaya: Maktab Keiarjasama Malays.
McAllister, D. J. (1995). Affect-and cognition-based trust as foundations for interpersonal cooperation in organizations. Academy of Management Journal, 38(1), 24–59. DOI: https://doi.org/10.5465/256727
Mcallister, D. J., Lewicki, R. J., & Chaturvedi, S. (2006). Trust in Developing Relationship: From Theory to Measurement, 1–7. DOI: https://doi.org/10.5465/ambpp.2006.22897235
Md. Salleh, H., Arshad, A., Shaarani, A. F., & Kasmuri, N. (2008). Gerakan Koperasi di Malaysia. Petaling Jaya, Selangor: Maktab Kerjasama Malaysia.
Minichilli, A., Gabrielsson, J., & Huse, M. (2007). Board evaluations: Making a fit between the purpose and the system. Corporate Governance, 15(4), 609–622. http://doi.org/10.1111/j.1467-8683.2007.00591.x DOI: https://doi.org/10.1111/j.1467-8683.2007.00591.x
Minichilli, A., Zattoni, A., Nielsen, S., & Huse, M. (2012). Board task performance: An exploration of micro- and macro-level determinants of board effectiveness. Journal of Organizational Behavior, 33(2), 193–215. http://doi.org/10.1002/job.743
Molleman, E., & Ees, H. Van. (2015). The Relationship Between Tenure and Outside Director Task Involvement : A Social Identity Perspective The Relationship Between Tenure and Outside Director Task Involvement : A Social Identity Perspective, (March 2016). http://doi.org/10.1177/0149206315579510 DOI: https://doi.org/10.1177/0149206315579510
Molm, L. D. (1994). Dependence and Risk: Transforming the Structure of Social Exchange. Social Psychology Quarterly, 57(3), 163–176. http://doi.org/10.2307/2786874 DOI: https://doi.org/10.2307/2786874
Mooney, M., Olsen, A. R., & Rubin, D. B. (2012). MAXIMUM-LIKELIHOOD ESTIMATION IN PANEL Marini Mooney in, 11(1980), 314–357. DOI: https://doi.org/10.2307/270868
Morfi, C., Ollila, P., Nilsson, J., Feng, L., & Karantininis, K. (2015). Motivation Behind Members’ Loyalty to Agricultural Cooperatives. In Interfirm Networks (pp. 173–190). Springer. DOI: https://doi.org/10.1007/978-3-319-10184-2_9
Mustakallio, M., Autio, E., & Zahra, S. a. (2002). Relational and Contractual Governance in Family Firms: Effects on Strategic Decision Making. Family Business Review, 15(3), 205–222. http://doi.org/10.1111/j.1741-6248.2002.00205.x DOI: https://doi.org/10.1111/j.1741-6248.2002.00205.x
Nadler, D. A. (2004). Building Better Boards. Harvard Business Review.
Naing, L., Winn, T., & Rusli, B. N. (2006). Practical Issues in Calculating the Sample Size for Prevalence Studies. Archives of Orofacial Sciences, (C1), 9–14.
Neilson, L., & Paxton, P. (2010). Social capital and political consumerism: A multilevel analysis. Social Problems, 57(1), 5–24. http://doi.org/10.1525/sp.2010.57.1.5 DOI: https://doi.org/10.1525/sp.2010.57.1.5
Newton, K. (2001). Trust, Social Capital, Civil Society, and Democracy. Political, International Review, Science, 22(2), 201–214. DOI: https://doi.org/10.1177/0192512101222004
Nilson, J., Svendsen, G. L. H., & Svendsen, G. T. (2012). Are Large and Complex Agricultural Cooperatives Losing Their Social Capital? Agribusiness, 28(2), 187–204. http://doi.org/10.1002/agr DOI: https://doi.org/10.1002/agr.21285
Nkundabanyanga, S. K. (2016). Board governance, intellectual capital and firm performance. Journal of Economic and Administrative Sciences, 32(1), 20–45. http://doi.org/10.1108/JEAS-09-2014-0020 DOI: https://doi.org/10.1108/JEAS-09-2014-0020
Nkundabanyanga, S. K., Ahiauzu, A., Sejjaaka, S. K., & Ntayi, J. M. (2013). A model for effective board governance in Uganda's services sector firms. Journal of Accounting in Emerging Economies, 3(2), 125–144. http://doi.org/10.1108/20421161311288857 DOI: https://doi.org/10.1108/20421161311288857
Nkundabanyanga, S. K., Balunywa, W., Tauringana, V., & Ntayi, M. J. (2014). Board role performance in service organisations: the importance of human capital in the context of a developing country. Social Responsibility Journal, 10(4), 646–673. http://doi.org/10.1108/SRJ-03-2013-0038 DOI: https://doi.org/10.1108/SRJ-03-2013-0038
Nyhan, R. C. (1999). Increasing Affective Organizational Commitment in Public Organizations: The Key Role of Interpersonal Trust. Review of Public Personnel Administration, 42(1), 101–112. http://doi.org/10.1177/0734371X9901900305 DOI: https://doi.org/10.1177/0734371X9901900305
Obgbechie, C. I. (2012). Key Determinants of Effective Boards of Directors - Evidence From Nigeria. Brunel University.
Oh, Y., Lee, I. W., & Bush, C. B. (2014). The Role of Dynamic Social Capital on Economic Development Partnerships Within and Across Communities. Economic Development Quarterly, 28(3), 230–243. http://doi.org/10.1177/0891242414535247 DOI: https://doi.org/10.1177/0891242414535247
Ong, C. H., & Wan, D. (2008). Three conceptual models of board role performance. Corporate Governance: The International Journal of Business in Society, 8(3), 317–329. http://doi.org/10.1108/14720700810879196 DOI: https://doi.org/10.1108/14720700810879196
Ostrom, E. (2014). Collective action and the evolution of social norms. Journal of Natural Resources Policy Research, 14(3), 137–158. http://doi.org/10.1257/jep.14.3.137 DOI: https://doi.org/10.1257/jep.14.3.137
Ostrom, E., & Ahn, T. K. (2001). A Social Science Perspective on Social Capital : Social Capital and Collective Action. In European Research Conference.
Paldam, M., & Svendsen, G. T. (2000). An essay on social capital: looking for the fire behind the smoke. European Journal of Political Economy, 16(2), 339–366. http://doi.org/10.1016/S0176-2680(99)00064-6 DOI: https://doi.org/10.1016/S0176-2680(99)00064-6
Petrovic, J. (2010). Unlocking the role of a board director: a review of the literature. http://doi.org/10.1108/00251740810911993 DOI: https://doi.org/10.1108/00251740810911993
Phipps, S. T. a., Prieto, L. C., & Ndinguri, E. N. (2013). Understanding the Impact of Employee Involvement on Organizational Productivity: The Moderating Role of Organizational Commitment. Journal of Organizational Culture, Communications and Conflict, 17(2), 107–121.
Piaw, C. Y. (2006). Asas statistik penyelidikan. Cetakan Pertama, Malaysia. McGrraw-Hill (Malaysia) Sdn. Bhd, 110–157.
Power, C., O’Connor, R., McCarthy, O., & Ward, M. (2012). Credit unions and community in Ireland: Towards optimising the principle of social responsibility. The International Journal of Co-Operative Management, 6(1.1).
Putnam, R. (1995). Bowling Alone, 65–78. DOI: https://doi.org/10.1353/jod.1995.0002
Putnam, R. (2001). Social Capital: Measurement and Consequences. Canadian Journal of Policy Research, 2(1), 41–51.
Rousseau, D. M., Sitkin, S. B., Burt, R. S., & Camerer, C. (1998). Not so different after all: A cross-discipline view of trust. Academy of Management Review, 23(3), 393–404. http://doi.org/10.5465/AMR.1998.926617 DOI: https://doi.org/10.5465/amr.1998.926617
Ruben, R., & Heras, J. (2012). Social capital, governance and performance of Ethiopian coffee cooperatives. Annals of Public and Cooperative …, 83(4), 463–484. http://doi.org/10.1111/j.1467-8292.2012.00473.x DOI: https://doi.org/10.1111/j.1467-8292.2012.00473.x
Sabatini, F., Modena, F., & Tortia, E. (2014). Do cooperative enterprises create social trust? Small Business Economics, 42(3), 621–641. http://doi.org/10.1007/s11187-013-9494-8 DOI: https://doi.org/10.1007/s11187-013-9494-8
Schumacker, R. E., & Lomax, R. G. (2004). A beginner’s guide to structural equation modeling. Psychology Press. DOI: https://doi.org/10.4324/9781410610904
Sekaran, U. (2006). Research methods for business: A skill building approach. John Wiley & Sons.
Shropshire, J., & Kadlec, C. (2012). Board task performance: An exploration of micro- and macro-level determinants of board effectiveness. Journal of Organizational Behavior, 33, 193–215. http://doi.org/10.1002/job.743 DOI: https://doi.org/10.1002/job.743
Simmonds, R., & Birchall, J. (2004). Creating and Supporting Co-operative Members in the West Midlands, (April), 22–37.
Smith, J. (2009). Research in Economic Anthropology. Research in Economic Anthropology (Vol. 29). Elsevier. http://doi.org/10.1108/S0190-1281(2009)0000029010 DOI: https://doi.org/10.1108/S0190-1281(2009)0000029010
Spear, R. (2000). The Co-operative Advantage. Annals of Public and Cooperative Economics, 71(4), 507–523. http://doi.org/10.1111/1467-8292.00151 DOI: https://doi.org/10.1111/1467-8292.00151
Stevenson, W. B., & Radin, R. F. (2003). Cognitive Structures of the Board of Directors: Managerial Cognitions as Bayesian Networks. Academy of Management Meetings, 1(August), 1–28. http://doi.org/10.1017/CBO9781107415324.004 DOI: https://doi.org/10.1017/CBO9781107415324.004
Stevenson, W. B., & Radin, R. F. (2009). Social Capital and Social Influence on the Board of Directors, (January). http://doi.org/10.1111/j.1467-6486.2008.00800.x DOI: https://doi.org/10.1111/j.1467-6486.2008.00800.x
Stuart, T. E., & Yim, S. (2010). Board interlocks and the propensity to be targeted in private equity transactions. Journal of Financial Economics, 97(1), 174–189. http://doi.org/10.1016/j.jfineco.2010.03.012 DOI: https://doi.org/10.1016/j.jfineco.2010.03.012
Sur, S. (2014). Making sense of board effectiveness: a socio-cognitive perspective. Corporate Governance, 14, 1–42. http://doi.org/http://dx.doi.org/10.1108/CG-05-2012-0039 DOI: https://doi.org/10.1108/CG-05-2012-0039
Tacheva, S., & Huse, M. (2006). Women directors and board task performance: Mediating and moderating effects of board working style. Euram, 1–30.
Tsai, W., & Ghoshal, S. (1998). Social Capital and Value Creation: The Role of Infrafirm Networks. Academy of Management Journal, 41(4), 476. DOI: https://doi.org/10.2307/257085
Van Ees, H., Gabrielsson, J., & Huse, M. (2009). Toward a behavioral theory of boards and corporate governance. Corporate Governance, 17(3), 307–319. http://doi.org/10.1111/j.1467-8683.2009.00741.x DOI: https://doi.org/10.1111/j.1467-8683.2009.00741.x
Verhees, F. J. H. M., Sergaki, P., & Van Dijk, G. (2015). Building up active membership in cooperatives. New Medit: Mediterranean Journal of Economics, Agriculture and Environment= Revue Méditerranéenne d’economie, Agriculture et Environment, 14(1), 42–52.
Walt, N. Van Der, Ingley, C., Shergill, G. S., & Townsend, a. (2006). Board configuration: are diverse boards better boards? Corporate Governance, 6, 129–147. http://doi.org/10.1108/14720700610655141 DOI: https://doi.org/10.1108/14720700610655141
Wan, D., & Ong, C. H. (2005). Board structure, process and performance: Evidence from publiclisted companies in Singapore. Corporate Governance, 13(2), 277–290. http://doi.org/10.1111/j.1467-8683.2005.00422.x DOI: https://doi.org/10.1111/j.1467-8683.2005.00422.x
Westphal, J. D., Boivie, S., Chng, M., & Han, D. (2006). The strategic impetus for social network ties: Reconstituting broken CEO friendship ties. Strategic Management Journal, 27(5), 425–445. DOI: https://doi.org/10.1002/smj.525
Westphal, J. D., & Zajac, E. J. (2013). A Behavioral Theory of Corporate Governance: Explicating the Mechanisms of Socially Situated and Socially Constituted Agency. The Academy of Management Annals, 7(1), 607–661. http://doi.org/10.1080/19416520.2013.783669 DOI: https://doi.org/10.5465/19416520.2013.783669
Wim, S. M., Xueqin, H., & Lu, Z. Q. (2011). China Agricultural Economic Review Article information : China Agricultral Economic Review, 7(3), 448–466.
Withers, M. C., Hillman, a. J., & Cannella, a. a. (2012). A Multidisciplinary Review of the Director Selection Literature. Journal of Management, 38(1), 243–277. http://doi.org/10.1177/0149206311428671 DOI: https://doi.org/10.1177/0149206311428671
Woolcock, M. (1998). Social Capital and Economic Development: Toward a Theoretical Synthesis and Policy Framework. Theory and Society, 27(2), 151–208. http://doi.org/10.2307/657866 DOI: https://doi.org/10.1023/A:1006884930135
Woolcock, M., & Narayan, D. (2000). Social capital: Implications for development theory, research, and policy (Vol. 15). DOI: https://doi.org/10.1093/wbro/15.2.225
Xiao, Y., Zheng, X., Pan, W., & Xie, X. (2010). Trust, relationship commitment and cooperative performance: supply chain management. Chinese Management Studies. DOI: https://doi.org/10.1108/17506141011074129
Yamagishi, M., & Misumi, J. (1994). Trust and C o m m i t m e n t in the United States and Japan 1, 18(2). DOI: https://doi.org/10.1007/BF02249397
Yamori, N., Harimaya, K., & Tomimura, K. (2016). Disciplinary Pressure is More Necessary for Cooperative Banks Than Stock Banks : Results from Bank Efficiencies Estimation (No. DP2015-5). Discussion Paper Series: RIEB Kobe University. Japan.
Zeuli, K. A., & Cropp, R. (2010). Cooperatives : Principles and practices in the 21st century (4th ed.). United State: University of Wisconsin.
Zhu, H., Wang, P., & Bart, C. (2014). Board Processes, Board Strategic Involvement, and Organizational Performance in For-profit and Non-profit Organizations. Journal of Business Ethics. http://doi.org/10.1007/s10551-014-2512-1 DOI: https://doi.org/10.1007/s10551-014-2512-1
CSRC Publishing and JBSEE adhere to Creative Commons Attribution-Non Commercial 4.0 International License. The authors submitting and publishing in JBSEE agree to the copyright policy under creative common license 4.0 (Attribution-Non Commercial 4.0 International). Under this license, the authors published in JBSEE retain the copyright including publishing rights of their scholarly work and agree to let others remix, tweak, and build upon their work non-commercially. All other authors using the content of SBSEE are required to cite author(s) and publisher in their work. CSRC Publishing and JBSEE follow an Open Access Policy for copyright and licensing.