Cooperative governance and social performance of cooperative societies

  • What are the factors affecting the performance of cooperatives?

    Strategic planning, members' participation, human capital, structural and relational capital are among the identified factors by past literatures.
    Past and present literatures agree that strategic planning is one of the factors contribute towards firms' performance..

  • What are the pillars of cooperative society?

    The 7 Cooperative Principles

    Voluntary & Open Membership.Democratic Member Control.Members' Economic Participation.Autonomy & Independence.Education, Training and Information.Cooperation among Cooperatives.Concern for Community..

  • How to make your co-op more successful

    1. Encourage board members to take a governance course
    2. Align values and goals
    3. Talk amongst yourselves
    4. Talk about yourselves
    5. Do a board effectiveness workshop
    6. Treat your AGM like We Day
    7. Be engaged
  • Strategic planning, members' participation, human capital, structural and relational capital are among the identified factors by past literatures.
    Past and present literatures agree that strategic planning is one of the factors contribute towards firms' performance.
Good cooperative governance leads to effective monitoring of activities of a society which enhances social performance (Djankov et al., 2007). Cooperative governance regulates the relationship between members of cooperatives and committee representatives of the members.
Good cooperative governance leads to effective monitoring of activities of a society which enhances social performance (Djankov et al., Citation2007).AbstractIntroductionLiterature reviewMethodology

Does Cooperative Governance predict social performance?

Overall, cooperative governance was a good predictor of social performance

The paper contributes to the literature by identifying predictors of social performance in cooperative societies from a developing country perspective

What is social performance in a cooperative society?

Social performance within the context of cooperative societies is related to achieving effective translation of cooperative social mission (Hansmann & Kraakman, 2001 )

This includes members’ interests, caring for others, and the general welfare of the community

Why is good cooperative governance important?

Good cooperative governance leads to effective monitoring of activities of a society which enhances social performance (Djankov et al

, 2007 )

Cooperative governance regulates the relationship between members of cooperatives and committee representatives of the members

The present study examined the relationship between cooperative governance and social performance in cooperative societies to enhance development. It showed that social performance promotes trust, dependability, and loyalty with interaction between members and executive management and among the general membership.

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