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Impact Of Good Governance On Performance Of Cooperatives In Nepal

Author

Listed:
  • Drona Lal PURI

    (Shinawatra International University, Thailand)

  • John Walsh

    (RMIT Vietnam)

Abstract

This paper examines governance practices and their impact on the performance of selected Nepalese cooperatives. In order to address the objectives of the study, 400 sample members from eighteen primary cooperatives in provinces 3 and 6 of Nepal have been identified by stratified random sampling technique to collect primary data with a semi-structured questionnaire. The collected data have been analyzed using SPSS (version 23). Statistical tools like regression, correlation and chi-square tests were applied. The findings revealed that there is significant and positive relationship between professionalization; accountability and performance of cooperatives. Similarly, there are insignificant but positive relationships between participation; transparency and performance of cooperatives. However, there is an insignificant and negative relationship between legitimacy and performance of cooperatives. In conclusion, the performance of cooperatives depends on existence of factors of good governance such as legitimacy, participation, professionalization, accountability and transparency with honesty. On the basis of the study, it is concluded that good governance in cooperatives is the single most important panacea to uplift quality of life of members through economic, social, cultural and technological change in their practical lives. The paper contributes to the literature by identifying factors of good governance for performance of cooperatives from a developing country perspective.

Suggested Citation

  • Drona Lal PURI & John Walsh, 2018. "Impact Of Good Governance On Performance Of Cooperatives In Nepal," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(2), pages 206-222, November.
    • Handle: RePEc:aio:manmar:v:xvi:y:2018:i:2:p:206-222
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    References listed on IDEAS

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    1. Lawrence Musiitwa Kyazze & Isaac Nabeta Nkote & Juliet Wakaisuka-Isingoma, 2017. "Cooperative governance and social performance of cooperative societies," Cogent Business & Management, Taylor & Francis Journals, vol. 4(1), pages 1284391-128, January.
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    Cited by:

    1. Michael Takudzwa Pasara & Albert Makochekanwa & Steven Henry Dunga, 2021. "The Role of Savings and Credit Cooperatives (SACCOs) on Financial Inclusion in Zimbabwe," Eurasian Journal of Business and Management, Eurasian Publications, vol. 9(1), pages 47-60.

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    More about this item

    Keywords

    cooperatives; economic change; good governance; Nepal; performance;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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