The Influence of Reciprocal Relationships and Trust on Sharia Cooperative Member Satisfaction

Authors

  • Khoirunisa Sekolah Tinggi Ekonomi dan Perbankan Islam Mr. Sjafruddin Jakarta
  • Risa Bhinekawati Sekolah Tinggi Ekonomi dan Perbankan Islam Mr. Sjafruddin Prawiranegara Jakarta
  • Muhammad Najib Sekolah Tinggi Ekonomi dan Perbankan Islam Mr. Sjafruddin Prawiranegara

DOI:

https://doi.org/10.56897/iefr.v2i2.39

Abstract

Cooperatives have a role as pillars of economic and social development of the community, but they still experience many internal and external challenges,  including in managing the satisfaction of their members. This study answers these challenges through the application of Social Exchange Theory, with the  aim of analyzing whether reciprocity and trust have influence on the  satisfaction of cooperative members. The study gathered 200 respondents from nine sharia cooperatives in six provinces of Indonesia. Using multiple  regression models, the collected data was tested and further analyzed using  SPSS 24.0 Software. This research found that Reciprocity and Trust have a  positive and significant influence on the Satisfaction of sharia cooperative  members. This research provides empirical evidence for the application of  Social Exchange Theory in explaining the factors influencing the satisfaction of cooperative members that was not studied before. Sharia cooperative  management can apply the results of this research to improve cooperative  performance by building mutually beneficial and trusting relationships with  its members. The results of this study can be generalized to sharia  cooperatives, while the application to conventional cooperatives needs to be  further studied.

Keywords: Reciprocity, Trust, Satisfaction, Shariah Cooperatives, Social  Exchange Theory

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Published

2023-09-30

How to Cite

Khoirunisa, Bhinekawati, R., & Najib, M. (2023). The Influence of Reciprocal Relationships and Trust on Sharia Cooperative Member Satisfaction. International Economic and Finance Review, 2(2), 81–104. https://doi.org/10.56897/iefr.v2i2.39