Creation of shared value in cooperatives: informal institutions’ perspective of small-sized banana growers from Colombia

Marcela Maestre Matos, Jahir Lombana-Coy and Francisco J. Mesías
Authors registered in the RePEc Author Service: Jahir Enrique Lombana Coy ()

Journal of Economics, Finance and Administrative Science, 2022, vol. 28, issue 55, 134-159

Abstract: Purpose - This study aims to identify informal institutions for bottom-of-the-pyramid (BoP) business models in the agricultural sector through the case study of banana growers’ cooperatives. Design/methodology/approach - A case study of six banana cooperatives from Colombia was conducted. The research followed a mixed design, using both qualitative and quantitative data and the application of structural equations. Findings - This study shows that social capital, networking and alliances are essential in BoP businesses. Originality/value - Authors defined a model of informal institutional factors for the generation of economic and social value in inclusive business, using the new institutional theory and the conceptual development of BoP in agri-business.

Keywords: Shared value; Informal institutions; Bottom of the pyramid; J54; M14; O17; Q13 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jefasp:jefas-09-2021-0186

DOI: 10.1108/JEFAS-09-2021-0186

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