Cooperative Performance Research Articles

Factors That Influence the Performance of Saving and Loan Cooperatives in the Banyumas Residency Area with the Quality of Financial Statements as Intervening Variables

Factors That Influence the Performance of Saving and Loan Cooperatives in the Banyumas Residency Area with the Quality of Financial Statements as Intervening Variables

EMPLOYEE PERFORMANCE ANALYSIS BASED ON EDUCATION AND WORK DISCIPLINE IN THE COOPERATIVES AND MICRO, SMALL & MEDIUM ENTERPRISES (MSMEs) DEPARTMENT OF MALANG REGENCY

Education can be defined an activity that is carried out in school. Work discipline means an attitude to respect and obey the applicable rules, both written and unwritten, as well as able to follow the rules and to be given sanction for every violation to the duties and authorities given. This research aimed to: 1) analyze the effect of education on employee performance; 2) analyze the effect of discipline on employee performance; 3) analyze the effect of education and work discipline on employee performance in Cooperatives and Micro, Small & Medium Enterprises (MSMEs) Department of Malang Regency. This research method used quantitative methods with primary and secondary data. The data were collected through library study and field study with a sample of 65 people. The data analysis used multiple linear regression assisted by SPSS version 24. The results shows that education has no significant effect on employee performance. In contrast, work discipline has a significant effect on employee performance. Both education and work discipline do not significantly affect employee performance in the Cooperatives and Micro, Small & Medium Enterprises (MSMEs) Department of Malang Regency.
 

Pengaruh Faktor Internal terhadap Kinerja Bisnis Koperasi Syariah (Survey terhadap unit Bisnis Koperasi Syariah di Bandung

The main problems of sharia cooperatives are 47%capital, 35%decrease in sales, and 8%production barriers. Based on the results of previous studies, information was obtained that; (1) Sharia Cooperative Business Unit that grows during Pandemic is only a savings and loan while another business unit is declined dramatically and even almost loss, (2) Sharia cooperative members in Bandung are very varied, there are business people, rural residents who are technology blind, members of higher education, Private employees who have been technology literate that need adjustment in the service process, (3) The profit sharing system that characterizes sharia cooperatives requires openness to the conditions of the customer's financial performance. Currently it only relies on trust, (4) Limitations of Distribution due to government policies that limit the entry and exit of people to avoid the transmission of the Covid Virus 19. This study was conducted with the aim of: 1). Knowing the internal factors of Islamic cooperatives in Bandung; 2). Knowing the performance of Islamic cooperatives in Bandung; 3). Knowing the effect of internal factors on the performance of the Islamic cooperative business. The method used in this study is the Explanatory Survey. Data processing techniques are carried out with the help of PLS ​​3.2 to find out the internal factors that affect the performance of sharia cooperatives. This research was conducted with One Shoot Cross Sectional. The approach used is a combination of quantitative and qualitative approaches. The results showed that the internal factors of Islamic cooperatives consisted of marketing, operations, human resources, finance in the good category. Performance factors consisting of profit growth, cooperative services growth in good categories while cost growth in the category is quite good. There is an influence of 60.20 % internal factors on positive and significant business performance.

Success Factors of Cross-Border Agricultural Investments for Opium Poppy Alternative Project under China’s Belt and Road Initiative

Cross-border agricultural investments (CBAIs) are considered to be an essential strategy that is expected to bridge the gap between poverty reduction and rural development in marginalized regions. Agricultural investments serve as a necessary indicator of the performance of international cooperation in China’s Belt and Road Initiative. It is of great significance to summarize the success factors of Chinese investors under this initiative and, more importantly, to improve the sustainability of CBAI projects and associated rural development. Extensive opium poppy cultivation is a barrier to poverty reduction in marginalized communities in less-developed countries such as Laos and Myanmar. The CBAIs in the opium poppy alternative (OPA) project conducted by Chinese agricultural companies aim to reduce drug crop cultivation and rural poverty based on a perspective of economic development. However, little is known about how participating companies cooperate with ex-poppy farmers to achieve investment success. In this study, we adopted case interviews and questionnaire surveys from Chinese agricultural companies in the China–Myanmar–Laos border region, with the aim to explore the success factors of CBAIs in the OPA project under China’s Belt and Road Initiative. The results indicated that the success of agricultural companies involved in the OPA project depended on three key factors, including (1) institutional and employee capacity building, (2) responses to policy and market incentives, and (3) support for the participation of ex-poppy farmers and community development. Our findings contribute to the theoretical and practical understanding of capacity improvements for foreign investors in China’s Belt and Road Initiative and shed light on the support of international agricultural cooperation for rural livelihood improvement.

Pengukuran Kinerja Keuangan Menggunakan Analisis Rasio Keuangan Pada Koperasi Pegawai Republik Indonesia (KPRI) Sakti Rasa Kecamatan Barat Kabupaten Magetan

This study aims to determine the financial performance of cooperatives using ratio analysis. The data used in this study is secondary data from 2018 to 2021. The data analysis technique uses ratio analysis techniques, the ratios used are liquidity ratios, solvency ratios and profitability ratios. The results of this study indicate that: (1) Liquidity Ratio Analysis of KPRI Sakti Rasa; (2) Solvency Ratio Analysis of KPRI Sakti Rasa; (3) Profitability Ratio Analysis of KPRI Sakti Rasa.

Performance of spanish cooperatives: from the Great Recession to the COVID-19 pandemic

El estudio se centra en las cooperativas españolas a lo largo del período (2008-2020). Como vemos, en él están incluidos los años de la Gran Recesión, los años de auge que siguieron y el, hasta la fecha, peor año de la crisis del COVID-19. El objetivo general es evaluar el comportamiento de las cooperativas desde la crisis financiera hasta 2020. Este objetivo se desglosa en tres objetivos específicos: i) Analizar los efectos de la crisis sanitaria en el número de cooperativas y en el empleo dentro de las mismas. ii) Analizar los cambios en el desempeño económico de las cooperativas, representado por los índices de rentabilidad económica y financiera. iii) Evaluar si la pertenencia a un determinado sector de actividad afecta a la rentabilidad de las cooperativas. Los resultados indican que la crisis de 2008 y la pandemia del COVID-19 incrementaron el comportamiento procíclico del empleo cooperativo. Sin embargo, el autoempleo fue menos elástico que el empleo asalariado. Los resultados de rentabilidad muestran que la crisis del COVID-19 no afectó consistentemente la rentabilidad económica y financiera de las cooperativas. El sector agroalimentario resistió la Gran Recesión y mostró un comportamiento contracíclico en el año de la pandemia.

Analysis of the Influence of Governance Quality on the Performance of Savings and Credit Cooperatives in Togo

The objective of this paper is to analyze the influence of governance quality on the performance of savings and credit cooperatives in Togo. To do so, a governance quality index of fifty-five savings and credit cooperatives was calculated over the period from 2013 to 2019. The data was collected from the supervision unit of microfinance institutions and their managers. The results show that governance quality has a significant and positive effect on the financial performance of cooperatives. It positively influences the number of active borrowers and the percentage of female borrowers. However, it has a negative relationship with loan size. This paper presents the synthetic nature of governance quality in the Togolese context with a dynamic panel data model. It shows that improved governance has a positive impact on performance. It constitutes a tool for promoting good governance practices for the various actors involved in the microfinance sector and even a basis for developing a good governance charter for this sector.

Influence of Co-operative Characteristics on Financial Performance of Irish Potato Farmer Co-operatives in Northern and Western Province Rwanda

Purpose - The purpose of this paper is to examine the influence of co-operative characteristics on the financial performance of Irish Potato Farmer Co-operatives (IPFCs) in Northern and Western Provinces, of Rwanda.
 Design/Methodology/Approach - The study employed a relational research design in cross-sectional research. A purposive sampling technique was used in selecting 32 IPFCs out of 64 observations that complied with audited financial reports for the period 2018 and 2019 were the primary data used for the research. Key Informants Interviews (KIIs), and Focus Group Discussions (FGDs) were employed for data collection. Panel regression analysis was used as it is suitable to deal with fixed effects (FE) or random effects (RE) error components presented in the model.
 Findings - The paper results showed that liquidity, leverage, the number of employees, the value of total assets and the value of share capital are significant factors that contribute to financial performance measured in terms of Return on Assets (ROA) and Return on Equity (ROE). The paper also revealed a limited financial capacity for most IPFCs in the study area, challenging their growth.
 Research Limitation: Legal, political factors, technological and cultural factors influencing the performance of farmer co-operatives were not considered in this paper.
 Practical Implications - The recommendations will mainly assist IPFCs in achieving desired financial performance and provision of expected services to members. IPFCs are recommended to mobilise their members to increase their shareholding, to raise capital for their co-operatives and thus improve performance levels.
 Social Implication: This paper generates facts to inform stakeholders such as policymakers and non-governmental organizations.
 Originality/Value - This paper took a holistic perspective to cover all the co-operative-specific characteristics in the performance evaluation.

GPU-accelerated SPH modeling of flow-driven sediment erosion with different rheological models and yield criteria

Flow-driven sediment erosion exhibits multiphase characteristics and involves reversible solid-liquid mass exchange, wherein various rheological models and yield criteria are available, but their cooperative performance remains unclear. Here, six combinations of popular rheological models and yield criteria with varying physics are implemented in the Smoothed Particle Hydrodynamics (SPH) to reproduce four classic erosion experiments. We propose a GPU-accelerated Effective Interface Searching Technique (EIST) that reduces computational complexity from O(N2) to O(1). Our results suggest that the combination between Herschel-Bulkley-Papanastasiou (HBP) model and Mohr-Coulomb (MC) criterion best captures the erosion and waterfront, whilst the Drucker-Prager (DP) criterion appears to over-predict the erosion. The HBP-MC model reveals that velocity decreases exponentially and sediment concentration increases linearly before saturation concentration along with the depth in the movable sediment layer. This work provides a robust GPU-based EIST method and a useful reference for identifying appropriate adoptions of rheological models and yield criteria that vary in physics.

PERFORMANCE EVALUATION OF BILATERAL ECONOMIC COOPERATION BETWEEN TAIWAN AND PARTNER COUNTRIES UNDER NEW SOUTHBOUND POLICY: PAST, PRESENT, AND FUTURE

Purpose – in light of the Taiwan New Southbound Policy (NSP), this paper aims to evaluate the performance of bilateral cooperation between Taiwan and its economic partner countries in order to have a better understanding of the coherence of reciprocal relations in the past, present and future. Research methodology – firstly, both individual forecasting models and combining forecasts were employed to predict the future values based on a period of thirty years (1990–2019). Secondly, the paper proposes non-convex DEA to detect non-convex characteristics of datasets where the volume of inputs and outputs were unevenly allocated in past years. Finally, a DEA window was applied to provide efficiency scores for decision-making units (DMUs) across a period of twelve years (2014–2025). Findings – the results found that the efficiency of seven out of eight DMUs will improve in the coming years. With a stable performance in both scale and efficiency, Singapore is Taiwan’s most successful economic partner, followed by Malaysia. The NSP remained as a vital foreign policy in supporting Taiwan’s bilateral trade and outward foreign direct investment (OFDI). Research limitations – more inputs and outputs are required in order to reflect the overall performance of the bilateral cooperation between two economies. Furthermore, more extended models are worth further investigation. Practical implications – the forecasting values of exports and imports can be used in analysing Taiwan economy’s trade deficits. This study provides useful inputs for managers in allocating resources of inbound and outbound values, and reacting rightfully to the uncertain future. Originality/Value – the paper not only contribute much more than previous ones by evaluating into the relationship between size of scale and efficiency of bilateral economies but also provide advices for policymakers in creating mechanisms that can facilitate the NSP’s sustainable development.

Influence of Process Innovation on the Performance of Coffee Cooperatives in Kenya

Purpose: The purpose of this paper was to assess the influence of process innovation on the performance of coffee cooperatives in Kenya.
 Methodology: A descriptive research design was applied. The target population was 525 coffee cooperative societies in Kenya registered with the Commissioner for Cooperatives and licensed by AFFA (Coffee Directorate) as at 30th of October 2016. The sample size was 227 respondents which was arrive at using stratified random sampling technique. Structured questionnaires were used to collect primary data. Descriptive statistic such as means scores and standard deviation and inferential statistics such regressions were used.
 Findings: The study found that there was a positive relationship between process innovation and the performance of the coffee cooperatives (β=0.591, p=0.027). This implied that an improvement in the aspects related to process through which the firm operates relatively multiplies the performance outcomes of cooperatives in a positive manner. Investing in process innovation was found to have the largest and most significant effect compared to investing in organization, marketing and product innovations.
 Recommendation: The study recommends that for prioritization purposes, coffee societies should prioritize investing in process innovations compared to other innovations, especially if there a limited budget. Policy makers should ensure a favorable environment for process innovations.

The Effect of Leadership Capability and Collective Commitment With Personal Value Mediation on Cooperative Performance in Lamongan District

Purpose: This study aimed to examine the effect of Leadership Capability on cooperative performance, test the impact of Collective Commitment on harmonious performance, test the effect of Leadership Capability on unified performance by mediating personal values, and test the result of Collective Commitment on cooperative performance with moderating personal values. This study learns about leadership capabilities, collective commitment, and personal values on joint performance. Design/Methodology/Approach: The instrument test results with the validity test showed the data was declared valid. The reliability test results show that the sign of construct reliability meets, meaning that each indicator has consistency in measuring the latent variable. This research methodology is a descriptive quantitative research using descriptive analysis and inferential analysis with IBM Amos SEM (Structural Equation Modeling) analysis. Findings: The results of the data analysis show that all indicators are declared valid, and the model evaluation process can be continued. The effects of CFA CL, CC, and PV still have Mark loading factors that have not been met, so the indicators are dropped and re-estimated. The results of the Second Order LC CFA show that the most significant Mark loading factor is found in the LC4 hand, which has the most considerable influence on LC, the CC2 indicator has the most critical effect on CC, the PV2 indicator has the most significant power on PV, the KK3 hand has the most significant impact on the KK. The criteria for the best value of the CL, CC, PV, and KK models have been met to continue. The construct reliability values of CL, CC, PV, and KK indicate that each indicator consistently measures latent variables. Research, Practical & Social Implications: Aspects of organizational evaluation in evaluating the performance of cooperatives are the maintenance of annual member meetings by the provisions, development of business volume, number of members, and total remaining operating results. Originality/Value: The results of the SEM evaluation with the univariate normality test showed an excellent critical skewness ratio value, and the kurtosis indicated by the univariate data was normally distributed. The results of the outlier evaluation show that Mark evennobis is farther away from the chi-square table, meaning that there is no multivariate outlier problem, and the data is feasible to use. The results of the AVE value show that the latent variable already has good convergent validity. The CMIN/DF, RMSEA, and TLI values are by the criteria, and the CFI is good. LC. The results of hypothesis testing affect KK; CC affects KK, and LC has an effect on KK with PV and CC. Mediation does not affect cooperation with PV mediation.

Initial Analysis on Predictors of Mosque Cooperatives Performance: A Co-operator's Perspective

Performance is a crucial aspect of any organization, including mosque co-operatives. Mosque co-operatives are expected to show good financial and non-financial performance. Mosque co-operatives need to ensure sustainable financial performance to c

Sosialisasi Peningkatan Kualitas Pelayanan Koperasi Harapan Sejahtera-19, Bekasi

The progress of the cooperative business is influenced by the management pattern, type of the business, capital, activity of its members, and others. Therefore, a cooperative needs to know whether the cooperative implemented a good management pattern and produces good performance, and meets the expectations of its members. This Community Service (PkM) activity is a socialization of the results of a survey on the service performance of the Cooperative of Harapan Sejahtera-19 towards the expectations of the residents of RW 19 Graha Harapan Housing, Mustika Jaya Village, East Bekasi. By knowing the opinions of the members and the community involved in the cooperative's activities, then the cooperative can improve its performance to meet the expectations of its customers. The method is to describe service performance and service satisfaction, then analyze them using a Cartesian diagram. Based on the diagram, then produces recommendations for the development of the Cooperative of Harapan Sejahtera-19. Input for cooperative management is about clarity of information related to cooperative performance as well as easier loan procedures and requirements. 
 Keywords: Cooperative; service performance; services satisfaction

ICT Adoption and Performance of Tea Farmers Payment by Co-Operative Societies in Kericho County, Kenya

Purpose: The study seeks to establish Information and Communication Technology adoption and performance of tea farmer’s payment by Co-operative Societies in Kericho County that are privately owned with reference to Kericho County.
 Methodology: The study used quantitative and qualitative methodology to collect data, analyze and report findings regards to effect of Information and Communication Technology adoption and performance of farmer’s payment Cooperatives in Kericho County, Kenya. The study tested Technology of Diffusion Theory that goes hand in hand with Technology Acceptance Model (TAM) to justify adoption of ICT has a significant impact to performance of farmers payment Cooperatives in Kericho County, Kenya. The study classified the target population into strata that is groups of 6 based on the villages with farmers that supply tea to 5 private owned tea factories in Kericho County. The total population used in this study was 828 farmers from 5 tea factories in Kericho County. A structured questionnaire was administered to 263 tea farmers who were divided based on 6 villages to collect primary data.
 Findings: The study findings indicated that mobile wallet, mobile banking security, quality content service provided by the mobile financial service providers and access to account information contribute positively to payment performance of privately owned tea cooperatives.
 Unique Contribution to Theory, Practice and Policy: This study recommends utilization of mobile wallet, mobile banking security, quality content service provided by the mobile financial service providers and access to account information to enhance performance of tea farmer’s payment by Co-operatives. This theory may be used by different Cooperatives regarding the utilization of the digital platform and how it can contribute to the maximization of profits in the organizations. It will facilitate individual researchers and scholars to identify gaps in the current research and carry out research in those areas, the work will also be used by academicians who will want to study similar area. Policy makers in the government and Cooperatives may use TAM theory to gain understanding on the effects of adoption of Information and Communication Technology has on performance of farmers payment Cooperatives. This remains instrumental in identifying areas that need reforms and in the making of policies that are favorable in the investment of ICT infrastructure in the country.

Influence of Organizational Innovation on the Performance of Coffee Cooperatives in Kenya

Purpose: The purpose of the study was to assess the influence of organizational innovation on the performance of coffee cooperatives in Kenya.
 Methodology: A descriptive research design was applied. The target population of this study was 525 coffee cooperative societies in Kenya registered with the Commissioner for Cooperatives and licensed by AFFA (Coffee Directorate) as at 30th of October 2016. The sample size was 227 respondents. Structured questionnaires were used to collect primary data from the selected respondents.
 Findings: The results revealed that organizational innovation and performance are positively and significantly related (β=0.75, p=0.007).
 Unique Contributions to Theory, policy and practice: The study recommended firms to adopt new technologies for cultivation of organizational innovations. They need to be proactive in their research and development departments by incorporating technological advancements in order to maximize the potential that is in innovation strategies. Restructuring of the internal organization is necessary given a firm that requires efficiency and effective processes for better performance. The results of this study will contribute new knowledge which will provide the government and other stakeholders with better ways of managing co-operatives and improving their production.

Model of Sharia Governance and Escalation of Performance of Sharia Cooperatives

Purpose: This study aims to analyze a sharia governance model and its impact on the efficiency, information asymmetry, risk, and performance of sharia cooperatives. Theoretical framework: The purpose of the sharia cooperative is to improve the welfare of its members and the community's interest and participate in building the economy of Indonesia based on sharia principles (Sudjana and Rizkison, 2020). Design/methodology/approach: The type of research used is explanatory research to test the hypothesis. This study uses data analysis techniques using the smartPLS program. The research uses purposive sampling with sharia cooperatives located in 4 districts in Indonesia with a total sample of 165 cooperatives. Findings: The study's results found that the efficiency variable has a significant positive effect on the performance of the sharia cooperative. Information asymmetry has a nonsignificant negative impact on efficiency and the performance of sharia cooperatives. Information asymmetry has a significant positive effect on the risk of financing. The risk of financing has a nonsignificant negative effect on the performance of the sharia cooperative. Sharia governance has a significant positive impact on efficiency, information asymmetry, and the performance of sharia cooperatives but has a nonsignificant positive effect on the risk of financing. Research, Practical & Social implications: Further research is necessary to expand the research location, multiply the study's sample and variables and involve the cooperative members as respondents. Originality/value: The management of the sharia cooperative needs to apply sharia governance to improve efficiency and follow sharia provisions to maximize the performance of sharia cooperatives.

Adaptive Resilient Control of AC Microgrids under Unbounded Actuator Attacks

Existing secondary control methods using fault-tolerant and/or H∞ control techniques for multi-inverter microgrids generally assume bounded faults and/or disturbances. Herein, we study unknown unbounded attacks on the input channels of both frequency and voltage control loops of inverters that could deteriorate the cooperative performance and affect the microgrid stability. We propose a fully distributed attack-resilient control framework using adaptive control techniques that, using stability analysis with Lyapunov techniques, are shown to preserve the uniformly ultimately bounded consensus for frequency regulation and voltage containment. Moreover, the ultimate bound can be set by adjusting the tuning parameters. The proposed result is validated for a modified IEEE 34-bus test feeder benchmark system augmented with four inverters.

INFLUENCE OF PRODUCT INNOVATION ON THE PERFORMANCE OF COFFEE COOPERATIVES IN KENYA

Purpose: The purpose of the study was to assess the influence of product innovation on the performance of coffee cooperatives in Kenya.
 Methodology: A descriptive research design was applied. The target population of this study was 525 coffee cooperative societies in Kenya registered with the Commissioner for Cooperatives and licensed by AFFA (Coffee Directorate) as at 30th of October 2016. The sample size was 227 respondents. Structured questionnaires were used to collect primary data from the selected respondents.
 Findings: The results of the study revealed that product innovation and performance are positively and significantly related (β=0.631, p=0.002). This indicated that developments of new products are essential for the improvement of the coffee cooperatives’ performance.
 Unique Contribution to Theory, Policy and Practice: The study recommended adoption of technology for the development of new services, new functions, and formation of new alliances. The study further recommended an organization to employ and develop a high technology for its product in order to determine strategic position to adopt the differentiation position or the cost leadership position. This study is recommended as it will benefit scholars and researchers who will gain insight on the influence of product innovation on performance of coffee co-operatives hence use it as a source of reference for other researches. The results of this study will contribute new knowledge which will provide the government and other stakeholders with better ways of managing co-operatives and improving their production.

Influence of marketing innovation on the performance of coffee cooperatives in Kenya

The purpose of the study was to assess the influence of marketing innovation on the performance of coffee cooperatives in Kenya. A descriptive research design was applied. The target population of this study was 525 coffee cooperative societies in Kenya registered with the Commissioner for Cooperatives and licensed by AFFA (Coffee Directorate) as of 30th of October 2016. The sample size was 227 respondents. Structured questionnaires were used to collect primary data from the selected respondents. The results revealed that marketing innovation and performance are positive and significantly related (?=0.674, p=0.001). This implied that significant changes in product design and packaging led to a positive change in the performance of coffee cooperatives. The study affirms that to improve performance by targeting the customers, constant improvements in how the company promotes its new products to capture the attention of new customers is a key aspect to be considered. The study recommends the management employ skills in developing clear operating procedures to run the business successfully, coordinate different areas of the business to achieve results and the ability and design jobs to suit staff capabilities and interests.