Entrepreneurial characteristics amongst co-operatives in Malaysia – preliminary evidence

The role of co-operative is increasingly important as such an organization provides both financial and social benefits to members and the public at large. In Malaysia, despite the increasing number of co-operatives over the years, their cumulative contribution to the country’s GNP is only less than...

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Bibliographic Details
Main Authors: Ghazali Ahmad, Mohd Rafi Yaacob, Mohamed Dahlan Ibrahim
Format: Conference or Workshop Item
Language:English
Published: 2012
Online Access:http://discol.umk.edu.my/id/eprint/8991/1/Paper%201.pdf
http://discol.umk.edu.my/id/eprint/8991/
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Summary:The role of co-operative is increasingly important as such an organization provides both financial and social benefits to members and the public at large. In Malaysia, despite the increasing number of co-operatives over the years, their cumulative contribution to the country’s GNP is only less than one per cent. Such figure is far below the contribution of co-operatives in developed countries. In order to contribute significantly to the country economy, co-operative should behave entrepreneurially. Pertaining to this issue, the aim of this paper is to discuss the findings of a pilot study of entrepreneurial characteristics amongst co-operatives in Malaysia. The results were based from two separate pilot studies in which involved a number of co-operatives in the Klang Valley. Overall, the involved co-operatives show low entrepreneurial characteristics. The findings would provide valuable insights into the contribution of the co-operative sector to the national economy.