Please use this identifier to cite or link to this item:
https://hdl.handle.net/10321/5605
Title: | Financial bootstrapping as a sustainable livelihood alternative for agricultural co-operatives in an emerging economy | Authors: | Zwane, Bonginkosi Keith Nyide, Celani John Sikwela, Misery Mantzaris, Evangelos Fuyane, Nkululeko |
Keywords: | Agricultural Co-Operatives;Counter-bootstrapping activities;Developing economy;Financial bootstrapping;Growth;Sustainability | Issue Date: | 2024 | Publisher: | Virtus Interpress | Source: | Zwane, B.K. et al. 2024. Financial bootstrapping as a sustainable livelihood alternative for agricultural co-operatives in an emerging economy. Corporate Governance and Sustainability Review. 8(2): 37-47. doi:10.22495/cgsrv8i2p3 | Journal: | Corporate Governance and Sustainability Review; Vol. 8, Issue 2 | Abstract: | There is a scarcity of scholarly literature relating to financial bootstrapping in emerging economies, especially the use by co operatives in general and agricultural co-operatives in particular. As such, the financial bootstrapping methods used by agricultural co operatives in South Africa, an emerging economy, remain unknown (Rwekaza, 2021; Zantsi, 2021). The aim of this study is to determine the financial bootstrapping methods used by agricultural co-operatives. This study was undergirded by pragmatism, which allowed and guided the adoption of mixed-methods research. The qualitative aspect was given more priority or weight in answering the research questions, making it a quan → QUAL design. The study consisted of 52 agricultural co-operatives located in KwaZulu-Natal, South Africa. It was found that agricultural co-operatives practised some of the bootstrapping methods, especially those related to owner-related financing. However, there is little or no evidence of bootstrapping practices related to sharing resources and minimising capital invested in stock and accounts receivable. The co-operatives stifled their growth as they employed counter-bootstrapping activities caused mainly by their unsubstantiated beliefs. This research furnishes rural cooperatives with operational capital-enhancing guidelines that promote success |
URI: | https://hdl.handle.net/10321/5605 | ISSN: | 2519-8971 2519-898X (Online) |
DOI: | 10.22495/cgsrv8i2p3 |
Appears in Collections: | Research Publications (Management Sciences) |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
CGSR Copyright clearance.docx | 255.22 kB | Microsoft Word XML | View/Open | |
Zwane_Nyide et al_2024.pdf | 475.68 kB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.