Author(s) :

Nor Arma Abu Talib, Amalina Ibrahim, Nurul Fadly Habidin, Hasrin Abu Hassan, Yusman Yacob.

Volume :

Abstract :

This study represents a significant stride in comprehending the critical success factors essential in Malaysia's growth ecosystem of micro cooperatives. A cooperative growth ecosystem is a systematic understanding of what helps cooperatives thrive and achieve a scale that positively impacts the cooperative. Therefore, this study is conducted to identify the critical element contributing to the potential growth of micro cooperatives in Malaysia. A thorough survey was undertaken using a questionnaire approach. A Structured Equation Model (SEM) was employed to test causal paths between dimensions for a sample of 225 members of micro cooperatives across Malaysia. The results of exploratory factor analysis (EFA), confirmatory factor analysis (CFA), and reliability analysis are empirically proven and confirm critical success factor items for essential elements (EPU). The study uncovers a total of 21 essential elements. Among these, the most crucial is strengthening capabilities and skills, which must be implemented in Malaysia's micro cooperatives' growth ecosystem. The study underscores the necessity for micro cooperatives in Malaysia to fortify these critical success factors to enhance cooperative performance. This study not only acts as a catalyst by acknowledging the significance of the ecosystem in amplifying the potential of micro cooperatives but also makes a substantial contribution to the field by providing a comprehensive understanding of the critical success factors in Malaysia's micro cooperatives, thereby laying the groundwork for future research and inspiring further exploration in this domain.

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