Research Article
The Financial Dynamics of Cooperatives: Analyzing Performance Through Established Cooperative Standards
@INPROCEEDINGS{10.4108/eai.30-10-2024.2354901, author={Ermhan Reyes Maniego and Louwella Andres Maniego}, title={The Financial Dynamics of Cooperatives: Analyzing Performance Through Established Cooperative Standards}, proceedings={Proceedings of the 3rd International Conference on Public Administration and Governance, ICOPAG 2024, 30 October 2024, Malang, Indonesia}, publisher={EAI}, proceedings_a={ICOPAG}, year={2025}, month={5}, keywords={financial performance cooperatives stability turnover efficiency profitability and structure of assets}, doi={10.4108/eai.30-10-2024.2354901} }- Ermhan Reyes Maniego
Louwella Andres Maniego
Year: 2025
The Financial Dynamics of Cooperatives: Analyzing Performance Through Established Cooperative Standards
ICOPAG
EAI
DOI: 10.4108/eai.30-10-2024.2354901
Abstract
A cooperative’s financial performance is an arbitrary indicator of how efficiently it uses its principal line of activity resources to generate income. When making decisions for members, management, government, and the public, cooperatives' financial success is important. This study evaluates registered multipurpose cooperatives' financial performance in Isabela Province, Philippines. The research utilized three years of audited financial reports. In this study, we employ a descriptive method to assess the financial performance of cooperatives, utilizing performance indicators from the Cooperative Development Authority (CDA). Results show that cooperatives have a satisfactory overall financial performance rating. Using the CDA standards, the researchers evaluated three areas that need improvement: turnover, profitability, and asset structure, while stability and efficiency function satisfactorily. To boost profit margins and several other performance indicators, cooperative management may reassess its operational ways and procedures in addition to strategizing management action.
