Good Governance in Cooperatives of Nepal-Relationship between Participation and Performance of Cooperatives

  • Drona Lal Puri Shinawatra University, Bangkok
  • Lavanchawee Sujarittanonta Shinawatra University, Bangkok

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.

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References

Cooperative Act. (1992). Government of Nepal, Kathmandu. Cooperative Rules. (1992). Government of Nepal, Kathmandu. Department of Cooperative. (2015). Statistics of Cooperative Enterprises-2015. Kathmandu, available at http://www.deoc.gov.np International Monetary Fund (IMF). (1997). Good Governance: The IMF’s Role. Washington DC: IMF. Kaufaman, D., Kraay, A. & Mastruzzi, M. (2009). Governance Matters VIII: Aggregate and Individual Governance Indicators 1996 – 2008. World Bank Policy Research Working Paper No. 4978, availableat:http://www.wds.worldbank.org/external/default/WDSContentServer/IW3P/IB/2010/09/24/000158349_20100924120727/Rendered/PDF/WPS5430. National Cooperative Bank. (2014). Annual General Meeting Report – 2014. Kathmandu: National Cooperative Bank. National Cooperative Federation. (2014). Cooperative News. Kathmandu: National Cooperative Federation. Pant, P. R. (2012). Social Science Research and Thesis Writing. Kathmandu: Buddha Publication. Simkhada, N. (2013). Paper submitted to Nepal Micro-Finance Summit – 2013. www.cgap.org www.ica.org

Published
2016-08-01
How to Cite
[1]
Puri, D.L. and Sujarittanonta, L. 2016. Good Governance in Cooperatives of Nepal-Relationship between Participation and Performance of Cooperatives. Journal of Education and Vocational Research. 7, 2 (Aug. 2016), 19-26. DOI:https://doi.org/10.22610/jevr.v7i2.1335.
Section
Research Paper