IDEAS home Printed from https://ideas.repec.org/a/ags/naprej/343430.html

Aligning Cooperative Support Services: A Case Study of Cooperative Thrift and Credit Societies in Nigeria

Author

Listed:
  • Olajide, O Adeola

Abstract

Cooperative societies offer services to members but information on the link between these and business growth is scanty. An understanding of which service supports enterprise growth could improve economic development. This study examined the services accessed by Cooperative Thrift and Credit Societies’ (CTCS) members and influence of these on micro, small and medium scale enterprises. A random sampling technique was used to draw 20 CTCS from the list of registered cooperatives in Ibadan North Local Government Area of Oyo State; and 80 cooperators from the CTCS. Data collected using structured questionnaires were analyzed using descriptive statistics, inferential statistics and multinomial logistic regression. The results indicate that many CTCS offer seminars, trainings and loan services but do not monitor these efficiently; members include men-56.7% and women-43.3% who were fairly educated-95%, owned enterprises of different scales-100% and preferred loan services. Regression results showed that the value of loan received and period of moratorium could enhance the growth of micro and small enterprises through assets accumulation; age and sex were also significant for micro enterprises. The study recommends a disaggregation of loan services, seminars, trainings and other services based on scales of business to enhance entrepreneurship growth and poverty alleviation.

Suggested Citation

  • Olajide, O Adeola, 2024. "Aligning Cooperative Support Services: A Case Study of Cooperative Thrift and Credit Societies in Nigeria," Nigerian Agricultural Policy Research Journal (NAPReJ), Agricultural Policy Research Network (APRNet), vol. 11(01), March.
    • Handle: RePEc:ags:naprej:343430
    DOI: 10.22004/ag.econ.343430
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/343430/files/Olajide%2C%20Aligning%20Cooperative%20Support%20Services-1.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.343430?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Royer, Jeffrey S., 2014. "The Neoclassical Theory of Cooperatives: Part II," Journal of Cooperatives, NCERA-210, vol. 28, pages 1-17.
    2. Chris Cornforth, 2004. "The Governance of cooperatives and mutual associations: a paradox perspective," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 75(1), pages 11-32, March.
    3. Royer, Jeffrey S., 2014. "The Neoclassical Theory of Cooperatives: Part I," Journal of Cooperatives, NCERA-210, vol. 28, pages 1-20.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kumse, Kaittisak & Suzuki, Nobuhiro & Sato, Takeshi & Demont, Matty, 2021. "The spillover effect of direct competition between marketing cooperatives and private intermediaries: Evidence from the Thai rice value chain," Food Policy, Elsevier, vol. 101(C).
    2. Nazik Beishenaly & Frédéric Dufays, 2023. "Entrepreneurial ecosystem for cooperatives: The case of Kyrgyz agricultural cooperatives," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(4), pages 1173-1198, December.
    3. Federico M. Accursi & Raúl Bajo-Buenestado, 2024. "Do Cooperatives Exercise Market Power? Evidence from Pass-Through to Retail Prices," CESifo Working Paper Series 11473, CESifo.
    4. Viergutz, Tim & Schulze-Ehlers, Birgit, "undated". "Member Commitment and Switching Decisions in Dairy Cooperatives – A Factorial Survey," 2018 International European Forum (163rd EAAE Seminar), February 5-9, 2018, Innsbruck-Igls, Austria 276864, International European Forum on System Dynamics and Innovation in Food Networks.
    5. Theodoros Skevas & Jasper Grashuis, 2023. "Evaluating dynamic productivity change of US farm supply cooperatives," Agribusiness, John Wiley & Sons, Ltd., vol. 39(4), pages 1238-1253, October.
    6. Penghua Qiao & Anna Fung & Jianchun Miao & Hung†Gay Fung, 2017. "Powerful Chief Executive Officers and Firm Performance: Integrating Agency and Stewardship Theory," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 25(6), pages 100-119, November.
    7. Ion Frecautan & Irina Ivashkovskaya, 2024. "Is corporate governance important for green bond performance in emerging capital markets?," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 14(1), pages 175-212, March.
    8. Chris Mason & Bob Doherty, 2016. "A Fair Trade-off? Paradoxes in the Governance of Fair-trade Social Enterprises," Journal of Business Ethics, Springer, vol. 136(3), pages 451-469, July.
    9. Axelle Faure-Ferlet & Sonia Capelli & William Sabadie, 2014. "Co-operative firms as perceived by external stakeholders: how do consumers perceive organizational tensions?," Post-Print halshs-00987840, HAL.
    10. Richard Akisimire & Ernest Abaho & Maureen Tweyongyere, 2020. "CEO Duality and Financial Performance: Testing the Moderating Role of Firm Age: Evidence from a Developing Economy," Journal of Economics and Behavioral Studies, AMH International, vol. 12(3), pages 53-64.
    11. Benjamin Dubrion & Jean-Yves Juban & Francesca Petrella, 2023. "Faire vivre le common purpose organisationnel : application au cas des coopératives multisociétaires françaises," Post-Print halshs-04185701, HAL.
    12. Imanol Basterretxea & Eneka Albizu, 2011. "Management training as a source of perceived competitive advantage: The Mondragon Cooperative Group case," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 32(2), pages 199-222, May.
    13. Stéphane Jaumier, 2016. "Preventing chiefs from being chiefs: An ethnography of a co-operative sheet-metal factory," Grenoble Ecole de Management (Post-Print) hal-01366601, HAL.
    14. Haugh, Helen M., 2021. "The governance of entrepreneurial community ventures: How do conflicting community interests influence opportunity exploitation?," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    15. Grashuis, Jasper & Cook, Michael, 2016. "Capital, Ownership, and Governance: Analyzing the Structure of U.S. Farmer Cooperatives," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235677, Agricultural and Applied Economics Association.
    16. Paranque, Bernard, 2017. "The need for an alternative to shareholder value creation? The Ethomed student experience," Research in International Business and Finance, Elsevier, vol. 39(PB), pages 686-695.
    17. Odile Paulus & Christophe Lejeune, 2013. "What do board members in art organizations do? A grounded theory approach," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(4), pages 963-988, November.
    18. Jordan van Rijn & Shuwei Zeng & Brent Hueth, 2023. "Do credit unions have distinct objectives? Evidence from executive compensation structures," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(1), pages 5-38, March.
    19. Ton, Giel & Vellema, Sietze & DeRuyterDeWildt, Marieke, 2011. "Credible evidence on complex change processes: key challenges in impact evaluation on agricultural value chains," MPRA Paper 32027, University Library of Munich, Germany.
    20. Périlleux, Anaïs & Szafarz, Ariane, 2015. "Women Leaders and Social Performance: Evidence from Financial Cooperatives in Senegal," World Development, Elsevier, vol. 74(C), pages 437-452.

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:naprej:343430. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aprneea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.