Effects of Cooperative on The Performance of Small Scale Enterprises in Ikorodu Zone, Lagos State, Nigeria

Influence of cooperative on small scale enterprises performance is very crucial in facilitating credit access, promotion and development. It also aided small businesses in effectively utilizing the resources that were available. The study looked into small businesses' performance and cooperation in Lagos State, Nigeria's Ikorodu Zone. The design of the survey was descriptive. We gathered both primary and secondary data. A multi-stage sampling technique was used to schedule interviews and administer a well-structured questionnaire to 130 cooperative small-scale entrepreneurs. Descriptive and inferential statistical tools, including the mean, standard deviation, and Logit regression model, were used to analyze the collected data. The results demonstrated that operational difficulties can arise from noncompliance with legal and regulatory requirements supporting cooperative principles, and that poor management practices can impair the overall performance of cooperative entrepreneurs. Effective knowledge and skill transfer among small business owners is facilitated by cooperative engagement. For cooperative leaders, regular training as well as efficient governance and management techniques were advised. Keywords: Cooperative Societies, Performance, Small Scale Business, Credit Access, Ikorodu Zone

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Publication Details

Journal
International Journal of Small and Medium Enterprises and Business Sustainability
Published
2025-04-09
DOI
https://doi.org/10.25105/ijsmebs.v9i3.21571
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
3.91
Controls
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article

Effects of Cooperative on The Performance of Small Scale Enterprises in Ikorodu Zone, Lagos State, Nigeria

KAZEEM ADESINA SHITTU, Tawakalitu Abimbola Obasan, Oluwakayode Peter Oluwasanya, ADEBISI FATIMOH AWOLUMATE
1 citations
International Journal of Small and Medium Enterprises and Business Sustainability
Islamic Finance and Banking Studies
3.91
article

Effects of Cooperative on The Performance of Small Scale Enterprises in Ikorodu Zone, Lagos State, Nigeria

KAZEEM ADESINA SHITTU, Tawakalitu Abimbola Obasan, Oluwakayode Peter Oluwasanya, ADEBISI FATIMOH AWOLUMATE
article en
1 citations

Abstract

Influence of cooperative on small scale enterprises performance is very crucial in facilitating credit access, promotion and development. It also aided small businesses in effectively utilizing the resources that were available. The study looked into small businesses' performance and cooperation in Lagos State, Nigeria's Ikorodu Zone. The design of the survey was descriptive. We gathered both primary and secondary data. A multi-stage sampling technique was used to schedule interviews and administer a well-structured questionnaire to 130 cooperative small-scale entrepreneurs. Descriptive and inferential statistical tools, including the mean, standard deviation, and Logit regression model, were used to analyze the collected data. The results demonstrated that operational difficulties can arise from noncompliance with legal and regulatory requirements supporting cooperative principles, and that poor management practices can impair the overall performance of cooperative entrepreneurs. Effective knowledge and skill transfer among small business owners is facilitated by cooperative engagement. For cooperative leaders, regular training as well as efficient governance and management techniques were advised. Keywords: Cooperative Societies, Performance, Small Scale Business, Credit Access, Ikorodu Zone

International Journal of Small and Medium Enterprises and Business SustainabilityVol. 9(3)
Nnamdi Azikiwe University (NG), Olabisi Onabanjo University (NG)
Openalex Percentile: Top 9%
Islamic Finance and Banking Studies
3.91
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Effects of Cooperative on The Performance of Small Scale Enterprises in Ikorodu Zone, Lagos State, Nigeria — KAZEEM ADESINA SHITTU, Tawakalitu Abimbola Obasan, et al. · International Journal of Small and Medium Enterprises and Business Sustainability (2025) | TGRS Research Map | TGRS