Organizational, Social, Economic and Financial Management Performance of Cooperatives
Downloads
This study aimed to determine the level of organizational, social, economic and financial performance of cooperatives when taken altogether and when grouped according to variables and to determine if there is significant difference on the level of organizational, social, economic and financial performance of cooperatives when grouped according variables. This aims to know whether or not organizational, social, and economic performance of cooperatives significantly predict financial management performance of cooperatives. Descriptive-Quantitative design is used in this study and instrument used was the Cooperative Performance Report Questionnaire together with interview questions which were conducted through face to face interview. Organizational, Social, Economic and Financial Management Performance of Cooperatives in Negros Occidental when taken altogether is excellent, very satisfactory, excellent, and satisfactory, respectively. There is significant difference in the level of organizational performance when grouped according to variables. No significant difference in social performance when grouped according to variables. No significant differences in economic performance of cooperatives when grouped according to variables. In financial performance of cooperatives when grouped according to variables a significant difference existed, when grouped as to classification, however, no significant difference existed in financial performance of cooperatives when grouped according to age. Organizational, social, economic performances of cooperatives are predictors of financial performance. There is significant relationship between organizational performance and social performance, organizational performance and economic performance, organizational performance and financial management performance, social performance and economic performance, no significant relationship between social performance and financial management performance, economic performance and financial management performance, respectively. Cooperatives maybe encouraged to sustain excellent organizational, social, economic and financial management performances while very satisfactory and satisfactory performances needs improvement. Programs on the improvement of financial performance of cooperatives may be initiated by cooperatives or by proper authorities’ in-charge. Lastly, close and intensive monitoring of Cooperative performance is recommended.
Downloads
Philippine Cooperative Code of 2008 (RA9520) and Its Implementing Rules and Regulations and Revised Rules and Regualtions Implementing certain and special Provisions of the Philippine Cooperative code of 008.
Cooperative Code of the Philippines (RA 6938)
International Co-operative Alliance (1995), Core Principles and Values
J. Baum Eds (2002) Companion to Organizations. Oxford Blackwell, UK.
Understanding Strategic Situation and Implications for Organizational Performance global.com/dictionary).
Smith Adams, as cited by JOY BLENMAN (2016) The Wealth of the Nations. https://www.investopedia.com/updates/adam-smith-wealth-of-nations/
Andrew Bibby (March 2014) “Co-operatives are an inherently more sustainable form of business”.
Banaszak, Ilona: “Determinants of Successful Cooperation in Agricultural Markets: Evidence from Producer Groups in Poland”
Barnett, M. L., & Salomon, R. M. (2006). Beyond dichotomy: The curvilinear relationship between social responsibility and financial performance retrieved from Strategic Management Journal, 27, 1101–1122. doi:10.1002/smj.557 (2017)
Eric Grauvilardell (June 26, 2013): “Strengthening Association: The
Key To Cooperative Success”
Nkhoma, Agnes Towera (March 2011): “Factors Affecting sustainability of
agricultural cooperatives: Lesson from Malawi”
Prof. Jorge V. Sibal (November,2011): “The Philippine Cooperative Movement: Problems and Prospects”
http://www.cda.gov.ph/ Cooperative Development Authority
http://www.answers.com/Q/What_is_the_definition_of_social_aspect
http://www.neda.gov.ph/wp-content/uploads/2014/08/NEDA-PDP
http://www.neda.gov.ph /2011-2016-Midterm-Update+Errata2.pdf
Leon Teeboom(2018).Agency Theory retrieved fromhttps://smallbusiness.chron.com/agency-theory-financial-management-81899.html and https://www.investopedia.com/terms/a/agencytheory.aspAs
Investopedia Leon Teeboom (2018) retrieved from
https://smallbusiness.chron.com/differences- between- horizontal- vertical- organizations-20335.html
C. M., Dalton, D. R., & Canella, A. A. (2003). Retrieved from
Haslinda, A., & Valentine, B (2009). Retrieved from
https://pdfs.semanticscholar.org/886d/c63d287375c54f5143225243a5edecddbf59.pdf
Bhimani, A (2008) retrieved fromhttp://epub.lib.aalto.fi/en/ethesis/pdf/12497/hse_ethesis_12497.pdf
Nkundabanyanga, S. K. (2016) from https://www.emeraldinsight.com/doi/abs/10.1108/JEAS-09-20140020?mobileUi=0&journalCode=jeas
Geoffrey M. Hodgson (1998) http://www.geoffrey- hodgson.info/user/image/evcomp.pdf
Barnett, M. L., & Salomon, R. M. (2012) retrieved from
https://www.tandfonline.com/doi/pdf/10.1080/1331677X.2017.1313122
Ian Mitroff (1983) Management/ what-is-the-stakeholder-theory retrieved from https://www.researchgate.net/publication/228320877_A_Stakeholder_Approach_to_Strategic_
Edward Freeman and others (1984) retrieved from http://www.scielo.br/pdf/rbgn/v17n55/1806-4892-rbgn-17-55-00858.pdf
Republic Act No. 6939 (Introduction to the Philippine Cooperative Code
of 2008) https://pnl-law.com/blog/introduction-to-the-philippine-
cooperative-code-of-2008/
https://www.officialgazette.gov.ph/constitutions/the-1987-constitution-of-the-republic-of-the-philippines/the-1987-constitution-of-the-republic-of-the-philippines-article-xii/ Section 15, Article XII of thePhilippine Constitution of 1987
https://www.igi-global.com/dictionary/non-state-smes-in-vietnam/58801 (global.com/dictionary).
Giles Simon (2014) retrieved from
https://assets.mckinsey.com/~/media/FF702F8557624AD0884F116174A60298.ashx
Pereira, et. al., (2012) retrieved from
WOCCU(2011) retrieved from file:///C:/Users/ASUS-PC/Downloads/18152-Article%20Text-59370-2-10-20171008.pdf
Bialoskorski (2012), from
https://files.eric.ed.gov/fulltext/EJ1105826.pdf
Reddish et al., (2013) https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5037181/ )
Kuo (2013) retrieved from
https://www.researchgate.net/publication/263225315_A_literature_review_on_motivation and https://link.springer.com/article/10.1007/s40196-013-0028-1
Medium-term Philippine Development Plan for 2010-2016 from http://ncpag.upd.edu.ph/wp-content/uploads/2018/07/Perfromance OfAqunioAdmin.pdf
Ravanera (2017) retrieved from https://www.manilatimes.net/cooperatives-catalyst-change/316279/
Ellen Verh Ofstadt and Miet Maert Ens (2013)
https://ageconsearch.umn.edu/bitstream/157389/2/BioeconWP_2013_6_updated.pdf
Getnet and Anullo (2012) retrieved from https://ageconsearch.umn.edu/bitstream/211889/2/Yadate-Who%20benefits%20from%20collective%20action%20Determinants%20and%20economic%20impact-103.pdf
Fischer and Qaim, 2012; Nugusse et al., (2013).
https://ageconsearch.umn.edu/bitstream/114354/2/Fischer_Elisabeth_517.pdf
Harvey (2013),https://core.ac.uk/download/pdf/38098025.pdf
Greg and Donald (2011).http://www.ijirr.com/sites/default/files/issues-files/1448.pdf
Sushila, et al. (2010). Retrieved from
Rwanda Cooperative Agency, (2011) retrieved from
http://dr.ur.ac.rw/bitstream/handle/123456789/303/Odille.pdf?sequence=1&isAllowed=y
https://www.researchgate.net/publication/257718225_Factors_Affecting_Cooperatives'_Performance_in_Relation_to_Strategic_Planning_and_Members'_Participation report produced by United States Department of Agriculture (2011),
Miralmasi et al., (2014).http://www.ijirr.com/sites/default/files/issues-files/1448.pdf
Abate et al. (2014)
Abebaw and Haile (2013) retrieved from
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.433.6010&rep=rep1&type=pdf
Francesconi and Ruben (2012) from
Coraggio (2012) retrieved from
Lumsden et al., (2012),
Hernández-Espallardo et al., (2013) retrieved from
Vercamer (2010) retrieved from
http://www1.montpellier.inra.fr/bartoli/moisa/bartoli/download/moisa2011_pdf/WP_4_2011.pdf
Brian Henehan, and Bruce Anderson (2011) retrieved from
http://ageconsearch.umn.edu/bitstream/31800/1/cp03an18.pdf
Jacqueline L De Leon, (2012) retrieved from
http://r1.cda.gov.ph/resources/updates/featured-
cooperatives/227-la-union-multi-purpose-cooperative-success-story
Eulogio T. Castillo, and Mercedes D.Castillo, (2017) retrieved from
http://www.cda.gov.ph/resources/issuances/implementing-rules-
and-regulations/rules-and-regulations-implementing-special-
provisions-of-ra-9520/109-transparency/name-of-officials/board-of-
administrators/adm-eulogio-t-castillo-ph-d/755-cooperatives-in-
the-socio-economic-development-of-the-philippines (
Retsy D. Tomaquin (2014) retrieved from
http://iasir.net/AIJRHASSpapers/AIJRHASS14-112.pdf
Longman, (2011)file:///C:/Users/ASUS-PC/Downloads/Creswell-
ResearchDesign.pdf and https://lib-guides.letu.edu/quantresearch
Thorndike and Hagen as cited by Yap, (2016) retrieved from
https://blogs.miamioh.edu/discovery-center/2016/11/how-to-
determine-the-validity-and-reliability-of-an-instrument/
Jonathan Porritt, (2014) retrieved from
https://www.thenews.coop/88430/sector/retail/sustainability-
report-reveals-the-co-operative-groups-approach-to-social-responsibility-environment-and-members/ and https://assets.ctfassets.net/5ywmq66472jr/6svAqvF7UcasumIOkm6kWO/98ecfcb6c0821a640de6c5e3c6196876/the-co-operative-group-sustainability-report-2013.pdf
Eric Grauvilardell, (2013) https://filene.org/blog/strengthening-association-cooperative-success and https://researchspace.ukzn.ac.za/bitstream/handle/10413/14243/Dube_Hlengiwe_Ntongolozi_2016.pdf?sequence=1&isAllowed=y
Thomas Kronholm and Dianne Wästerlund (2013)
https://pdfs.semanticscholar.org/f334/9dd3fabe4a3117de593c8b657de5bbc900ad.pdf
International Cooperative Alliance [ICA], 1995 International Cooperative
Alliance. (1995). XXXI ICA congress Manchester agenda and reports.
Review of International Cooperation, 88, 22–23
KPGM. (2008). Governance, risk, and compliance. Driving value through
Controls monitoring. Retrieved
fromhttp://www.kpmg.ca/en/services/advisory/documents/GovernanceRisk Compliance.pdf
(Unique Causes of New Cooperative Failure)
http://articles.extension.org/pages/30169/unique-causes-of new-cooperative-failure
http://www.ehow.com/info_8299642_three-aspects-economics.html)
The Cooperative Group (2014):”Sustainability Performance
https://assets.contentful.com/.../the-co-operative-group-sustainability-report-2013.pdf The Cooperative Group (2013)
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5037181/
http://bansalancooperativesector.blogspot.com/2008/07/cooperative-annual-performance-report.html
https://www.igi-global.com/dictionary/social-aspects/27273
Coordination and Collective Performance: Cooperative Goals Boost Interpersonal Synchrony and Task Outcomes// Indicators forMeasuring Performance of Financial Cooperatives in Nepalretrieved from https://www.nepjol.info/index.php/JBMR/article/download/18152/14932
. http://www.co-operative.coop/our-ethics/sustainability-report/)-
http://mro.massey.ac.nz/bitstream/handle/10179/2889/02_whole.pdf? sequence=1 www.fundsforngos.org/.../sustainability-of-cooperatives
Copyright (c) 2023 Dr. Princess Jeah Marie S. Geroso, Guarin Maguate
This work is licensed under a Creative Commons Attribution 4.0 International License.