ISSN 2979-8582 · Article No. 051
Itodo Emeka Paul: Department of Co-operative Economics and Management, Faculty of Management Sciences, Enugu State University of Science and Technology, Nigeria
Festus Sunday Ezema: Department of Co-operative Economics and Management, Faculty of Management Sciences, Enugu State University of Science and Technology, Nigeria
Odo Ambrose Nwafor: Department of Co-operative Economics and Management, Faculty of Management Sciences, Enugu State University of Science and Technology, Nigeria
Co-operative societies ought to be inclusive, member-focused organizations that genuinely support the development of sustainable livelihoods. They are intended to operate through the development of strong interpersonal relationships among members, effective access to market opportunities, consistent support for entrepreneurs, and active participation in democracy. However, in many Nigerian co-operative societies, there appears to be a stark difference between these expectations and the actual outcomes. The study therefore examined the impact of co-operative entrepreneurship support and assessed the impact of co-operative social capital development on members’ business performance and members’ social inclusion. Descriptive survey research design was employed, and 340 co-operative members sampled using a multistage sampling technique. Data were collected through a structured and validated questionnaire, which yielded a reliability coefficient of 0.83 through the test–retest method. Descriptive statistics, including frequencies, percentages, means and standard deviations were used for data analysis, while hypotheses were tested using simple linear regression at 0.05 significance level with SPSS version 27. The findings revealed that co-operative entrepreneurship support (β = 0.991, p < 0.05) and co-operative social capital development (β = 0.988, p < 0.05) had significant impact on their level of members’ business performance and members’ social inclusion in Nigeria. The study recommended improving support for entrepreneurship by routinely offering members affordable financing options, mentorship and ongoing business training and also strengthening social capital through co-operative activities, ongoing education about co-operative values, and trust-building initiatives.
Keywords
This article is published under the Creative Commons Attribution 4.0 International License . Free to read, share, and adapt with attribution.
British Journal of Contemporary Research
Open Access · Peer Reviewed · Published by Bexford Publishing Ltd
Browse All Issues