The Effect of Human Resources on Capital of Worker Cooperative
by South East Asian Journal of Management (SEAM)
Author: Suyanto
Institution: STIE IPWI Jakarta. Address: Adhi Graha Bld. Floor 14, Jl. Gatot Subroto Kav.56, Jakarta 12950. Email: suyanto66@ymail.com
Suggested Citation: Suyanto (2012) The Effect of Human Resources on Capital of Worker Cooperative. South East Asian Journal of Management, 6(1), 53-64, ISSN: 1978-1989.
There are several business problems which hampers sustainability of worker cooperatives in Indonesia. They have... more
There are several business problems which hampers sustainability of worker cooperatives in Indonesia. They have inadequate capital to support businesses run by cooperatives and the government provides insufficient support for the worker cooperatives. The problem under study is how human resources management affected the capital of worker cooperatives. The study used explanatory approach by employing a census to collect data from 11 existing worker cooperatives in the loading and unloading services in port cities across Java. The data collected was then analyzed with the Path Analysis. Research findings indicate that human resources practices of members, administrators, and managers were significant in affecting the capital of cooperatives simultaneously. However, when analyzed partially, influence of each variable was mixed. Partially, the human resource practices of members do not have a significant effect, while the administrators do have positive effect and the managers have negative effect. The administrator is considered the most important determinant of capital in cooperatives. Thus, it is recommended that worker cooperatives should pay attention to provide member educational and professional trainings and improve administrator quality in raising and making use of capital more efficiently. For further research, it is suggested to study the impact of human capital on other types of cooperatives.
Keywords: Human resources, capital, worker cooperative, Indonesia.
Growing Green Wealth: Investing In And Enabling Worker Cooperatives As A Green Jobs Strategy
by Sushil Jacob
While the American Recovery and Reinvestment Act (ARRA) of 2009 was hailed by many environmental groups and green jobs... more
While the American Recovery and Reinvestment Act (ARRA) of 2009 was hailed by many environmental groups and green jobs advocates as a substantial step forward for the nation’s transition to a clean, green economy, it could have gone further. The ARRA and other green jobs legislation at the federal, state and local levels have largely been silent about who will benefit from the vast wealth that will be created by public investments into private projects. Further, the economic stimulus package hoped to create jobs, without considering whether these jobs will truly create wealth or economic democracy at the community level.
This paper argues that future green jobs legislation should include provisions to build green community-based wealth, by supporting the development of green worker-owned businesses. One such business entity is the worker cooperative. I argue that encouragement of the growth of the worker cooperative movement can result in a potent green job creation strategy.
Download (.docx) Worker Cooperatives and Revolution: History and Possibilities in the United States
by Chris Wright
Worker cooperatives have a long and tortured history, but recently they have been advancing globally on a more stable... more Worker cooperatives have a long and tortured history, but recently they have been advancing globally on a more stable foundation than before. In this essay I provide a theoretical context for the current growth of cooperatives, drawing on Marxist theory to illuminate their potential. I also consider the sociology and economics of worker cooperatives, in addition to expounding and evaluating their history in the United States. A case-study of a cooperative printing press in Jamaica Plain gives a more intimate portrayal of worker co-ops, and hopefully provides lessons for future cooperators. I interpret society as on the cusp (from a long-term perspective) of a decisive advance of cooperativism; the main purpose of this essay is to explain how and why this advance will occur.