20 Dec 2016 | Publication

 Social Capital: Its Origin and Application in Cooperative Organization

 Authors: Abdul Ghafar Ismail, Muhammad Hasbi Zaenal (2016)

 IESTC Working Paper Series: No. 3

 

 

Citation style: Abdul Ghafar Ismail and Muhammad Hasbi Zaenal (2016) Social Capital: Its Origin and Application in Cooperative Organization. IESTC Working Paper Series, Working Paper No. 3. Bangi: Islamic Economic Studies and Thoughts Centre

 

Abstract

Despite the development of shariah cooperatives in markets and their social capital based characteristics, neither the origin nor the definition of social capital in shariah cooperatives has been investigated. Therefore, this study seeks to: first, identify the dimension of social capital and hence we contribute to a conceptual clarification of the definition of social capital; and second, we develop a descriptive theory to illustrate how the combination of social capital dimensions results in different types of social capital. These two original contributions provide new insights on different functions of social capital and on its measurement at the cooperative level.

 

Keywords: shariah cooperatives; social capital; social networks

JEL Classification: G23; L31; O43; P13; Q13;

 

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