@article{MAKHILLIBM2016101526537,
    title = {The Partnership Theory in Explaining Cooperatives Organizational Structure},
    journal = {International Business Management},
    volume = {10},
    number = {15},
    pages = {3313-3318},
    year = {2016},
    issn = {1993-5250},
    doi = {ibm.2016.3313.3318},
    url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2016.3313.3318},
    author = {Zelhuda and},
    keywords = {Cooperatives,partnership theory,cooperative organizational structure,Malaysia cooperative,agency},
    abstract = {This study discusses the application of the partnership theory within the structure of cooperative
organizations. A cooperative organization is established from the capital contributed by its members and thus,
it directly creates a partnership alliance among them. Partnership and cooperation perspectives represent the
structure of the cooperatives in general. As cooperative activities contribute a substantial share to the
development of the economy, cooperatives experience rapid growth. However, not all members tend to be
committed tothe management of cooperatives. This has led cooperatives to experience a number of agency
issues such as opportunism action by the member or partner and the manager employed.}
    }