Bargaining Power in Waste Bank’s Governance for the Realization of Sustainability: Lessons from Cahaya Barokah Waste Bank

Abstract

Purpose: The purpose of this study is to analyze the governance of waste banks and how it contributes to their sustainability. Method: A qualitative case study approach is employed, utilizing interviews, observations, and documentation to gather relevant data. Findings: The study uncovers a unique element in the governance of waste banks: the creation of bargaining power through social capital. Unlike conventional waste management models, the Cahaya Barokah Waste Bank sustains its operations not only via financial strategies but also by leveraging the influential positions of its management within the community. This social capital facilitates public participation, reduces operational costs, and secures financial support. Moreover, the involvement of individuals with strong governmental connections enhances institutional recognition and promotes policy alignment. These factors distinguish Cahaya Barokah from other waste banks that face sustainability challenges. The findings emphasize the significant role governance dynamics play in ensuring the longevity and viability of waste banks. Originality/Value: This research introduces a novel perspective on waste bank governance by highlighting how social capital and bargaining power contribute to sustainability. It provides key insights for the development of waste banks, stressing the importance of leadership influence, stakeholder engagement, and strategic governance positioning.