| Title |
Discovering the practices of palm oil smallholders' cooperative business models in Malaysia |
| ID_Doc |
70957 |
| Authors |
Ishak, S; Sum, SM; Omar, ARC; Othman, AS |
| Title |
Discovering the practices of palm oil smallholders' cooperative business models in Malaysia |
| Year |
2019 |
| Published |
Geografia-Malaysian Journal Of Society & Space, 15.0, 1 |
| Abstract |
Smallholder cooperatives were created as an initiative to empower the socio-economic welfare of smallholders and reduce reliance on outsiders. The lesser the dependence on external parties will increase the aspiration and preserves the interests of smallholders. This is because cooperative movements are the collective effort of individuals of equal background that aims to safeguard mutual interest. The objective of this study is to identify and describe the cooperative models involving smallholders in Malaysia. Interview techniques were used to carry out the data collection process. The informants comprise of the representatives of the board or management of six cooperatives related to palm oil smallholder. The selection of cooperatives was made using a purposive sampling method where the potential informants were chosen based on the list of cooperatives involved in the palm oil sector. The study findings summarize three forms of cooperative business models comprised of smallholders in Malaysia namely the smallholder cooperatives model of FELDA and FELCRA agencies and the models of independent planters. These three cooperative models have the core principle of cooperative implementation that is to safeguard the interests of its members. Based on the three identified models, the cooperative practices is found to be focuses on entrepreneurial activities, risk reduction and optimization of profits. All of these practices are to help members to earn benefits in the form of dividend income, information sharing and knowledge accumulation. An understanding of the existing cooperative models in Malaysia can help streamline current operation management practices to ensure delivery of effective and sustainable benefits to its members. |
| PDF |
http://ejournals.ukm.my/gmjss/article/download/29084/9022
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