Abstract
Co-operative is a direct translation from the Latin word "Co-operation" which means "working together". Cooperative as an organization comprising a group of people to carry out economic and social activities for the benefit of its members. A society registered under the Societies Act 1993 with the aim of improving the economic interests of its members through activities carried out based on the principles of cooperatives. but there are a few cooperatives in Terengganu not run smoothly and become loss. The main objective of this study was to determine whether there is relationship between independent variable such as the number of cooperative members legally registered, the assets owned by each cooperative, amount of capital or shared used by each society involved in the initial engagement, ,the function of cooperative, turnover and the seat of cooperative in the state of Terengganu on the dependent variable which is earnings cooperative. The secondary data for the years 2010 were obtained from Department of Cooperatives Commission of Malaysia (SKM) Terengganu branch .Data were analyzed by using the “Logistic Regression”. At the end of the study, can determine which factors having the influence to performance (profit and loss), examine the association between variables (members, assets ,capital shares ,region, function and turnover),and construct the logistic model.
Highlights
Co-operative is a direct translation from the Latin word “ Co-operation “ which means ‘working together”
Co-operative as an organization consisting of a group of people to carry out economic and social activities to bring benefits to its members (M.Iskandar Soesilo) .A society registered under Societies Act 1993 with the aim of improving the economic interest of its members through activities carried out based on the principles Co-operatives .But there are several cooperatives that suffered losses in Terengganu
Cooperatives movement in Malaysia continues to grow with the establishment of various types of cooperatives such as consumer, agriculture, housing, transportation,industrial, construction and services
Summary
Co-operative is a direct translation from the Latin word “ Co-operation “ which means ‘working together”. Co-operative as an organization consisting of a group of people to carry out economic and social activities to bring benefits to its members (M.Iskandar Soesilo) .A society registered under Societies Act 1993 with the aim of improving the economic interest of its members through activities carried out based on the principles Co-operatives .But there are several cooperatives that suffered losses in Terengganu. The variables independent involved are the number of legally registered cooperatives(X1), Assets held by each cooperative(X2),the region (X3) of each cooperative that is located in Terengganu either at State, North, South or Central, Function (X4) of the cooperatives such as in field consumers, agriculture and services, Shares capital (X5) the amount of capital used by each of t he cooperative who are involved in the initial engagement, and Turnover (X6) earned by the end 2010.Dependent variable (Y) takes the value 0 representing profits earned a cooperative and a value of 1 i s the opposite of the problem where losses involved. To achieve the objectives of this study, several steps should be taken to implement the survey analysis
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