International Business Management
ISSN: OnlineISSN: Print 1993-5250
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.
How to cite this article:
Zelhuda Shamsuddin and Abdul Ghafar Ismail. The Partnership Theory in Explaining Cooperatives Organizational Structure.
DOI: https://doi.org/10.36478/ibm.2016.3313.3318
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.3313.3318