Cooperative resilience: Toward a heuristic model of collective action in a crisis

Anita Mangan; Ann-Marie Ward

doi:10.1111/faam.12382

Cooperative resilience: Toward a heuristic model of collective action in a crisis

Anita Mangan
, Ann-Marie Ward

University of Bristol

Research output: Contribution to journal › Article › peer-review

5 Citations (Scopus)

172 Downloads (Pure)

Abstract

This paper examines financial cooperatives (credit unions) in
Ireland and their response to COVID-19. The paper offers
two contributions. The first is the Cooperative Resilience
Framework, which highlights the importance of iterative,
heuristic responses in building capabilities that enable
routine-based responses. These responses, in turn, avoid
and absorb the effects of disruption in subsequent similar
crises. The second contribution is empirical, demonstrating
the how of resilience by offering a better understanding of
how the credit unions’ collective actions created dynamic,
agile responses that helped them to “bounce forward” after
the crisis. Key themes identified include agility, strong social
relationships, and decentralized decision-making (empowerment).

Original language	English
Pages (from-to)	308-325
Number of pages	18
Journal	Financial Accountability & Management
Volume	40
Issue number	3
Early online date	10 Oct 2023
DOIs	https://doi.org/10.1111/faam.12382
Publication status	Published online - 10 Oct 2023

Bibliographical note

Publisher Copyright:
© 2023 The Authors. Financial Accountability & Management published by John Wiley & Sons Ltd.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 1 No Poverty
SDG 11 Sustainable Cities and Communities
SDG 16 Peace, Justice and Strong Institutions

Keywords

collective action
cooperative resilience framework
credit unions
crisis
heuristic response
third-sector resilience
resilience
COVID
Cooperative Resilience Framework

Access to Document

10.1111/faam.12382

Financ Acc Manag - 2023 - Mangan - Cooperative resilience Toward a heuristic model of collective action in a crisisFinal published version, 678 KBLicence: CC BY

Cite this

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Cooperative resilience: Toward a heuristic model of collective action in a crisis

Abstract

Bibliographical note

UN SDGs

Keywords

Access to Document

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