Nasrullah Hidayat
Economics Study Program, Faculty of Economics, State University of Medan

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Analysis Of Cooperative Capital: A Literature Review On The Source Of Capital, Residual Business Results And Financial Sustainability Of Cooperatives In Indonesia Khairani Alawiyah Matondang; Nasrullah Hidayat; Enjelika Simamora; Eva Ulina Br Hombing; Rinaldi; Yan Septian; Josua Simanjuntak
Ecobankers : Journal of Economy and Banking Vol. 7 No. 2 (2026): Ecobankers : Journal of Economy and Banking
Publisher : Prodi Perbankan Syariah Fakultas Ekonomi dan Bisnis Islam Universitas Islam Bunga Bangsa Cirebon

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47453/ecobankers.v7i2.4752

Abstract

This study aims to analyze the influence of capital on the Residual Business Results (SHU) of cooperatives and examine the role of capital in supporting the financial sustainability of cooperatives in Indonesia through a systematic literature review approach. The method used was a literature review of 13 selected scientific journal articles published in the range of 2021 to 2024, using quantitative analysis methods such as multiple linear regression, panel data regression, path analysis, and Two-Stage Least Squares (2SLS). The results of the study showed that capital itself consistently had a positive and significant effect on SHU in all studies studied. Business volume was also proven to consistently have a positive and significant effect on SHU. On the other hand, loan capital showed mixed findings: it has a positive impact if it is managed productively, but negative if the interest expense exceeds the business results. The financial sustainability of cooperatives is highly determined by the strength of internal capital, the level of member participation, and the quality of governance. This study identifies gaps in studies related to the role of reserve funds, financial sustainability in the Indonesian context, and regional representation outside Java and Bali.