Factors that contribute to the success of agricultural multi-purpose cooperatives in the first district of Bulacan

• Main Authors: Jonson, Roderick B., Javellana, John Joseph T., Suarez, Juan Alfonso D.
• Format: text
• Language: English
• Published: Animo Repository 1992
• Subjects: Agricultural cooperative credit association > Bulacan; Agriculture > Finance; Cooperative societies > Bulacan; Success in business
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/16194
• Institution: De La Salle University

The study attempted to determine the degree of success of the chosen agricultural multi-purpose cooperatives in the first district of Bulacan based on the dependent variables of financial stability, membership participation and volume and growth of services. It was also aimed at determining which of the hypothesized factors (recognized necessity, cooperative values, leadership, good record keeping, cooperative policies, financial management, and education and training) derived from the review related literature are correlated with the success of agricultural multi-purpose cooperatives. There were 30 cooperatives selected based on the criteria of being agriculturally based, dormant to active status, and at least two years of existence. A survey type method was utilized in deriving perceptual ratings and objective responses. A representative from the members and the leaders as well as the assigned technicians of each of the respective cooperatives served as the respondents of the study. The findings of the study showed that members, leaders and technicians perceived the selected cooperatives to be relatively successful based on the mean scores of financial stability, membership participation and volume and growth of services. The findings also revealed that the independent variables were specifically correlated with one or two but not all of the measures for cooperative success. Finally, the findings disclosed that there were independent variables which were moderately-to-highly correlated with the item on overall success but this relationship was not manifested in the three measures of cooperative success. This would imply that there are other measures for cooperative success, correlation must be done with the measures of cooperative success rather than on the item on overall success and the enumeration of independent variables having significant relationships must take place according to each measure of cooperative success and not based on the item of overall success.