Cooperation Between Co-operative Business Organization and Investor Owned Firm to Stimulate Economic Growth of a Country: A Cooperative Advantage Approach  

Cooperation Between Co-operative Business Organization and Investor Owned Firm to Stimulate Economic Growth of a Country: A Cooperative Advantage Approach

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作  者:Chanchai Petchprapunkul 

机构地区:[1]Kasetsart University, Bangkok, Thailand

出  处:《Chinese Business Review》2014年第9期578-585,共8页中国经济评论(英文版)

摘  要:This study elaborates that the economic growth of a country depending on not only the business performance of the investor owned firms (IOFs), but also the business surplus of the cooperative organizations (Co-ops). The policy maker should have the level of understanding and competence to blend five different factors related to organizational structure and business model of the Co-ops and the IOFs to the five similarities factors on the managerial approach of them into one marked. The study investigated five similarities factors and included into a conceptual structural model with its six measurement models, economic growth model, general national factor model, market and industry factors model, Co-ops/IOFs opportunities/threat model, Co-ops/IOFs strength /weakness model, and lastly the Co-ops/IOFs firm dynamic/active: sales, profit, and lost model. Reliability of the six similarities measurement models was tested by the Delphi technique with a sample of 33 respondents. The study found that, apart from the six measurement models, it also has two intervening factor variables that will reduce the power and magnitude of the economic growth which will come from mismanagement of policy maker: These factors are the different in intemational culture among countries, and the global warming and natural disaster from the excess consumption and excess production. These selfish, competition and economic greedy of people will lead to economic, social, and natural disaster problems. To reduce the socioeconomic disadvantages and global disaster, board's committee, and Co-ops manager as well as chief executive officer (CEO) of the IOFs must have a good understanding on these five similarities factors. Appropriate management of these five similarities factors will lead the firms to reach their high managerial efficiency, customer value, firm value, and finally economic growth.

关 键 词:CO-OPERATIVES investor owned firms (IOFs) economic growth not-for-profit firms general national factors market industry factor five forces value chain 

分 类 号:F124[经济管理—世界经济] F276.2

 

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