Since 2014
Analysis of Cooperative Financial Performance in Ibadan Metropolis, Oyo State, Nigeria
International Journal of Cooperative Studies
View Archive Info| Field | Value | |
| Title |
Analysis of Cooperative Financial Performance in Ibadan Metropolis, Oyo State, Nigeria
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| Creator |
Rabirou, Kassali; Department of Agricultural Economics, Obafemi Awolowo University, Ile-ife, Osun State, Nigeria 2Nigerian Tribune, Lagos, Nigeria Olusayo, Adejobi Adedeji; Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria Okparaocha, C. P; Department of Agricultural Economics, Obafemi Awolowo University, Ile-ife, Osun State, Nigeria 2Nigerian Tribune, Lagos, Nigeria |
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| Subject |
cooperative finance, cooperative performance
cooperative, financial ratios, financial performance, Ibadan, Nigeria — |
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| Description |
This study examined the financial performance of agricultural cooperative societies in Ibadan Metropolis, Oyo State; this as a way of ensuring impact on members and the communities of location. Primary data were collected from thirty (30) cooperatives through interview of principal officers using well structured questionnaire while secondary data were from the cooperatives annual reports. The analytical techniques used include descriptive statistics applied to financial aggregates and ratios and regression analysis. The financial aggregates analysed include current assets, current liabilities, cash and account receivable, and owners’ equity. The financial ratios were current ratio, acid test, equity to assets, debt to equity, debt to assets and current debt to equity. Cooperative’s structural and financial elements were hypothesized as determinants of cooperative financial performance. All variables except cooperative size had significant effect on financial performance. But years of operation, and number of loans beneficiaries only had negative effect on performance. The study concluded on appropriate measures needed to improve cooperative financial performance.
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| Publisher |
World Scholars
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| Contributor |
—
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| Date |
2013-05-30
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| Type |
Peer-reviewed Article
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| Format |
application/pdf
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| Identifier |
http://wscholars.com/index.php/ijcs/article/view/172
10.11634/216826311403172 |
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| Source |
International Journal of Cooperative Studies; Vol 2, No 1 (2013); 10-15
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| Language |
en
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| Rights |
Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.World Scholars reserves the rights to retract any published manuscripts in the case of suspected plagiarism or any scientific misconducts. All requests for withdrawal of manuscripts before or after publishing will only be entertained if a formal written request is made to the editor of IJCS. Approvals for withdrawal of manuscripts wholly depends on the consideration of the editor and the editorial board of IJCS. No refunds for the manuscript publishing charges will be made in the event of withdrawal after the manuscript has been published.Copyrights for articles published in World Scholars journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.
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