TY  - JOUR
T1  - The Partnership Theory in Explaining Cooperatives Organizational Structure
AU - Shamsuddin, Zelhuda AU - Ismail, Abdul Ghafar 
JO  - International Business Management
VL  - 10
IS  - 15
SP  - 3313
EP  - 3318
PY  - 2016
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2016.3313.3318
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2016.3313.3318
KW  - Cooperatives
KW  -partnership theory
KW  -cooperative organizational structure
KW  -Malaysia cooperative
KW  -agency
AB  - 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.
ER  -