Abstract
In this paper, an attempt has been made to examine the relationship between members’ participation and performance of cooperatives of Nepal. The purpose of this paper is to analyze the good governance in cooperatives of Nepal, in the light of the participation and its impact on performance of cooperatives in terms of deposit, volume of transactions, share capital, employment generation, loan investment, consultancy service, amount of reserve fund etc. Members’ participation is selected as independent variable whereas performance of cooperatives is considered as dependent variable in the study. Data are collected from the secondary source from the department of cooperatives of Nepal, Ministry of cooperative and poverty alleviation. Study of 16 types of cooperatives consisting of 5 years of observations from the fiscal year 2010 to 2015 AD has been included in the study. A number of tables, bar diagrams, lines and charts have been used to clarify the data. After all, the study reveals that there is positive relationship there is positive relationship between participation and performance of cooperatives. The study also concludes that good governance in cooperatives is the single most important panacea to achieve the vision, mission, objectives and goals of the cooperatives assuring happiness, rights and liberty of their members through economic, social, cultural and technological changes in their practical lives.
Highlights
After a cooperative is first established, its purposes and how it seeks to achieve successful administration change over time
At the time of Rochdales, cooperatives were established (Rochdale Equitable Pioneer Society, 1844 AD, England), for improving or uplifting quality of life of the members assuring their access in education, information and training
They used to meet their common economic, social and cultural needs and aspirations through jointly owned and democratically controlled enterprises on the basis of idea and philosophy generated by Robert Owen and William King
Summary
After a cooperative is first established, its purposes and how it seeks to achieve successful administration change over time. At the time of Rochdales, cooperatives were established (Rochdale Equitable Pioneer Society, 1844 AD, England), for improving or uplifting quality of life of the members assuring their access in education, information and training. In this way, a number of legal entities were established in time series in order to formalize and successfully administer the cooperatives as per the rule of law
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