ATTRIBUTES AND PERCEIVED SUCCESS FACTORS OF PERFORMING CO-OPERATIVES IN MALAYSIA

Publication Date : 01/07/2011


Author(s) :

Nurizah Noordin, Sushila Devi Rajaratnam, Mohd. Shahron Anuar Said, Rafedah Juhan, Farahaini Mohd. Hanif.


Volume :
Volume 7
,
(2011)



Abstract :

This paper analyses the attributes of selected performing co-operatives and explored the perception on the factors that have influenced the success of these co-operatives. For identifcation of the success factor, the survey method is adopted and a total of 567 questionnaires were collected from individual respondents (Board Members) representing 89 selected performing co-operatives. Responses were then analysed using the exploratory factor analysis. A total of three (3) factors were extracted using the principal component method with a varimax rotation. The three factor rotated explained a total of 54.38 percent of the variance and all the factors had acceptable reliability. The three factors identifed were managerial competency, effective leadership and support. Group mean scores were then calculated for the three factors to determine their importance in determining the success of the performing co-operatives. Subsequently, effective leadership was perceived as the most important factor with the highest group mean score, followed by the factor, managerial competency. The factor, support was perceived to be the third most important factor. Key words: co-operatives, management, success factor


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