An Investigation on Corporate Governance in Savings and Credit Cooperatives (SACCO’s) in Southern Malawi

Chisi, Rejoice; Gondwe, Lameck Malopa

doi:10.9790/487x-1904020718

Cited by 2 publications

(1 citation statement)

References 6 publications

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“…CUCs and cooperatives need to ensure that morality is a key part of their operations and values (Dayanandan, 2013; Trakumututa and Chaijareonwattana, 2013). If CUCs lack morality, their operations and management are likely to collapse (Chisi and Gondwe, 2017).…”

Section: Resultsmentioning

confidence: 99%

Members' perspectives of good governance practice of Thailand's credit union cooperatives

Kumkit

Anh²,

Gan³

et al. 2023

JABES

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PurposeThis study explores the awareness (AWN) levels of good governance amongst Thai credit union cooperatives' (CUCs) members and the factors hindering good governance practice in Thai CUCs.Design/methodology/approachThis study used a survey questionnaire from 629 members of 36 selected CUCs in Thailand. This study analysed the determinants of governance AWN levels of Thai CUCs' members using the ordered probit model. The study also employs OLS estimation to investigate the factors hindering good governance practices.FindingsThe study shows that members of different CUC types and sizes have different levels of governance AWN. Members' characteristics, experiences, and perceptions significantly influence CUC members' AWN of governance issues. The findings also suggest that a lack of morality, transparency, participation, responsibility and accountability are key obstacles that hinder good governance practices of Thai CUCs.Originality/valueThis is the first study that attempts to assess the level of AWN amongst Thai CUCs' members in different CUC sizes and types. This is also the first research that identifies the factors that hinder good governance practice in Thai CUCs based on members' evaluations. The study's findings provide important reference and implications for Thai policy makers and CUCs' board of managers to enhance members' AWN and CUCs' governance performance, and thus increase income and living standard of CUCs' members in the long term.

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Section: Resultsmentioning

confidence: 99%