Corporate Governance & Member’s Satisfaction : A Case Of District Central Cooperative Banks In UttarakhandMay 20, 2023 2023-06-24 11:22
Corporate Governance & Member’s Satisfaction : A Case Of District Central Cooperative Banks In Uttarakhand
S. N. Tripathy
The present paper with the help of secondary sources of data attempts to capture the major events that shaped the course of cooperative movements in Odisha. The paper portrays the prevailing socio-economic factors and key events which contributed to the development of cooperatives in different phases and its genesis and growth trend in Odisha in the national perspectives.
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Cooperatives Movements, Rural credit, Money lenders, Farmers.
Neeraj Kumar Dubey
Cooperation is an emerging sector for the development of farmers based rural economy. The cooperative movement has widely been spread across all the countries. Cooperative institutions are different from the other corporate and organizations. The unique features of these cooperative organizations are basically delivering their services to its members or customers by implementation of cooperative principles.
These institutions are democratically controlled and having economic member participation for the socio-economic development of the members. The entire growth and success of these cooperative institutions are based on the member involvement and participation in the governance, policy formation, administration, communication and business expansion.
Thus the main purpose of this study is to explore the various factors involved in the member’s satisfaction and governance of DCCBs (District Central Cooperative Bank) in Uttarakhand. The present study is based on cross-sectional survey and a sample size of two hundred twenty (220) respondents is selected to collecting the response these respondents were drawn from the target population (members and customers of DCCBs) by implementing the random and convenient sampling.
Structured interviews of officers’ and cooperative leaders of DCCBs were conducted. Descriptive statistical methods are used to interpret analysis results. Six major factors for successful DCCB governance were identified in the empirical study: member knowledge, member engagement,member details, managerial factor, infrastructure factor, and satisfaction factor. The results showed that co-operators’ collaboration expertise is crucial and timely. According to the results, cooperative authorities, cooperative promoters, states, and prospective members should concentrate on these factors that have a major effect on cooperative governance in the cooperative banking sector and cooperative future prospects.
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Cooperation, DCCBs, Cooperative Governance, Members Satisfaction, Rural Economy