The relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in Malaysia

Cooperatives play an important role in the sustainable development of a nation both socially and economically. In Malaysia, the formation of cooperatives is for the members well-being progress, to eradicate poverty and play as the instrument for distribution of national wealth. However, despite the...

Full description

Saved in:
Bibliographic Details
Main Author: Hasna Lumpingan, Lidasan
Format: Thesis
Language:eng
eng
Published: 2018
Subjects:
Online Access:https://etd.uum.edu.my/7832/1/Depositpermission_s900708.pdf
https://etd.uum.edu.my/7832/2/s900708_01.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-uum-etd.7832
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Ismail, Noor Azizi
Rahman, Syed Abidur
topic HD2709-2930.7 Corporations
spellingShingle HD2709-2930.7 Corporations
Hasna Lumpingan, Lidasan
The relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in Malaysia
description Cooperatives play an important role in the sustainable development of a nation both socially and economically. In Malaysia, the formation of cooperatives is for the members well-being progress, to eradicate poverty and play as the instrument for distribution of national wealth. However, despite the importance of cooperatives, limited studies have attempted to investigate the factors that could influence the performance of cooperatives, particularly the role of social capital dimensions namely structural, relational and cognitive, entrepreneurial orientation (EO) and cost leadership strategy. This study then examines the relationship between social capital, EO, cost leadership strategy and cooperatives performance. This study also examines the mediating effect of EO on social capital and performance link and the moderating effect of cost leadership strategy on EO and performance relationship. Data were collected from 196 cooperatives Chairman through a mailed questionnaire. The Partial Least Square Structural Equation Modelling (PLS-SEM) approach was used to analyze the data using SmartPLS version 3.0 software. The result of the study suggests that social capital dimensions and EO are positively related with organizational performance. In addition, the analysis showed that structural and cognitive social capital predict EO. It further shows that EO also mediates only the structural social capital and performance relationship and cognitive social capital and performance relationship. Lastly, the findings of this study indicate that cost leadership strategy does not moderate the relationship between EO and organizational performance. This study contributes to the literature by demonstrating the influence of social capital and EO on organizational performance particularly in the context of the study. In order to take advantage of opportunities and achieve better performance, cooperative management should enhance their networking internally and externally to gain more resources and mobilize those resources through EO. Upon articulating the theoretical and practical contribution, this study discussed some limitation and possible avenue for future research.
format Thesis
qualification_name Ph.D.
qualification_level Doctorate
author Hasna Lumpingan, Lidasan
author_facet Hasna Lumpingan, Lidasan
author_sort Hasna Lumpingan, Lidasan
title The relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in Malaysia
title_short The relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in Malaysia
title_full The relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in Malaysia
title_fullStr The relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in Malaysia
title_full_unstemmed The relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in Malaysia
title_sort relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in malaysia
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2018
url https://etd.uum.edu.my/7832/1/Depositpermission_s900708.pdf
https://etd.uum.edu.my/7832/2/s900708_01.pdf
_version_ 1747828273550721024
spelling my-uum-etd.78322021-08-09T07:41:55Z The relationship between social capital, entrepreneurial orientation, cost leadership strategy and the performance of cooperatives in Malaysia 2018 Hasna Lumpingan, Lidasan Ismail, Noor Azizi Rahman, Syed Abidur Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HD2709-2930.7 Corporations Cooperatives play an important role in the sustainable development of a nation both socially and economically. In Malaysia, the formation of cooperatives is for the members well-being progress, to eradicate poverty and play as the instrument for distribution of national wealth. However, despite the importance of cooperatives, limited studies have attempted to investigate the factors that could influence the performance of cooperatives, particularly the role of social capital dimensions namely structural, relational and cognitive, entrepreneurial orientation (EO) and cost leadership strategy. This study then examines the relationship between social capital, EO, cost leadership strategy and cooperatives performance. This study also examines the mediating effect of EO on social capital and performance link and the moderating effect of cost leadership strategy on EO and performance relationship. Data were collected from 196 cooperatives Chairman through a mailed questionnaire. The Partial Least Square Structural Equation Modelling (PLS-SEM) approach was used to analyze the data using SmartPLS version 3.0 software. The result of the study suggests that social capital dimensions and EO are positively related with organizational performance. In addition, the analysis showed that structural and cognitive social capital predict EO. It further shows that EO also mediates only the structural social capital and performance relationship and cognitive social capital and performance relationship. Lastly, the findings of this study indicate that cost leadership strategy does not moderate the relationship between EO and organizational performance. This study contributes to the literature by demonstrating the influence of social capital and EO on organizational performance particularly in the context of the study. In order to take advantage of opportunities and achieve better performance, cooperative management should enhance their networking internally and externally to gain more resources and mobilize those resources through EO. Upon articulating the theoretical and practical contribution, this study discussed some limitation and possible avenue for future research. 2018 Thesis https://etd.uum.edu.my/7832/ https://etd.uum.edu.my/7832/1/Depositpermission_s900708.pdf text eng public https://etd.uum.edu.my/7832/2/s900708_01.pdf text eng public https://sierra.uum.edu.my/record=b1698958~S1 Ph.D. doctoral Universiti Utara Malaysia Abebe, M. (2014). Electronic commerce adoption, entrepreneurial orientation and small- and medium-sized enterprise (SME) performance. Journal of Small Business and Enterprise Development, 21(1), 100–116. http://doi.org/10.1108/JSBED-10-2013-0145 Abrahamson, E., & Rosenkopf, L. (1997). Social Network Effects on the Extent of Innovation Diffusion : A Computer Simulation Social Network of Effects on the Extent Innovation Diffusion : Computer Simulation. Organization Science, 8(3), 289–309. Abu-jarad, I. Y., Yusof, N., & Nikbin, D. (2010). A Review Paper on Organizational Culture and Organizational Performance. International Journal of Business and Social Science, 1(3), 26–46. Acquaah, M., & Agyapong, A. (2015). The Relationship between Competitive Strategy and Firm Performance in Micro and Small Businesses in Ghana: The Moderating Role of Managerial and Marketing Capabilities. Africa Journal of Management, 1(2), 172–193. http://doi.org/10.1080/23322373.2015.1025684 Aguirre-Urreta, M., & Rönkkö, M. (2015). Sample size determination and statistical power analysis in PLS using R: An annotated tutorial. Communications of the Association for Information Systems, 36, 33–51. Aini, Y. M., Hafizah, H. a. K., & Zuraini, Y. (2012). Factors Affecting Cooperatives Performance in Relation to Strategic Planning and Members’ Participation. Procedia - Social and Behavioral Sciences, 65, 100–105. http://doi.org/10.1016/j.sbspro.2012.11.098 Akçomak, I. S., & Ter Weel, B. (2009). Social capital, innovation and growth: Evidence from Europe. European Economic Review, 53(5), 544–567. http://doi.org/10.1016/j.euroecorev.2008.10.001 Akio, T. (2005). The Critical Assessment of the Resource-Based View of Strategic Management. Ritsumeikan International Affairs, 3, 125–150. Akter, S., Ambra, J. D., & Ray, P. (2011a). A Hierarchical Model of Trustworthiness in mHealth Information Services : Model Development and Validation Using Partial Least Squares ( PLS ). Journal of the American Society for Information Science and Technology, 62(1), 11–116. http://doi.org/10.1002/asi Akter, S., Ambra, J. D., & Ray, P. (2011b). An Evaluation of PLS Based Complex Models: the Roles of Power Analysis, Predictive Relevance and Gof Index. In Proceedings of the Seventeenth Americas Conference on Information Systems (AMCIS2011) (pp. 1–7). http://doi.org/http://aisel.aisnet.org/amcis2011_submissions/151/ Al-Dhaafri, S. H., Al-Swidi, A. K., & Rushaimi Zien, Y. (2016). The mediating role of total quality management between the entrepreneurial orientation and the organizational performance. The TQM Journal, 28(1), 89–111. Al-Swidi, A. K., & Al-Hosam, A. (2012). The effect of entrepreneurial orientation on the organizational performance: A study on the Islamic banks in Yemen using the Partial Least Squares approach. African Journal of Business Management, 2(1), 73–84. Alarcón, J. R., Villaverde, P. G.-, Ortega, M. R., & Requena, G. P. (2017). From social capital to entrepreneurial orientation: The mediating role of dynamic capabilities. European Management Journal. http://doi.org/10.1016/j.emj.2017.02.006 Alireza, J., Jaafar, M., & Ramayah, T. (2014). Entrepreneurial orientation and performance:the interaction effect of customer capital. World Journal of Entrepreneurship, Management and Sustainable Development, 10(1), 48–68. http://doi.org/10.1108/WJEMSG-05-2013-002 Almarri, K., & Gardiner, P. (2014). Application of Resource-based View to Project Management Research: Supporters and Opponents. Procedia - Social and Behavioral Sciences, 119, 437–445. http://doi.org/10.1016/j.sbspro.2014.03.049 Aloulou, W., & Fayolle, A. (2005). A conceptual approach of entrepreneurial orientation within small business context. Journal of Enterprising Culture, 13(1), 21–45. http://doi.org/10.1142/S0218495805000045 Ambad, S. N. A., & Wahab, K. A. (2016). The relationship between corporate entrepreneurship and firm performance: Evidence from Malaysian large companies. International Journal of Business and Society, 17(2), 259–280. Andersen, J. (2010). “A critical examination of the EO-Performance relationship.” International Journal of Entrepreneurial Behavior & Research, 16(4), 309–328. Anderson, A., & Miller, C., (2003). “Class Matters”: Human and Social Capital in the entrepreneuriship process. Journal of Socio-Economics, 32(1), 17–36. http://doi.org/10.1177/0266242610391936 Anderson, A., Park, J., & Jack, S. (2007). Entrepreneurial social capital. Conceptualizing social capital in new high-tech firm. International Small Business Journal, 25, 1–21. http://doi.org/10.1177/0266242607076526 Anderson, B. S., & Eshima, Y. (2017). Firm Growth, Adaptive Capability and Entreprneurial Orientation. Strategic Management Journal, 37(3), 427–427. http://doi.org/10.1002/smj.2495 Anderson, B. S., Kreiser, P. M., Kuratko, D. F., Hornsby, J. ., & Eshima, Y. (2015). Reconceptualizing Entrepreneurial Orientaion. Strategic Management Journal, 36, 1579–1596. http://doi.org/10.1002/smj Andrews, K. J. (1971). The Corporate Strategy. Richard D. Irwin, Homewood, IL Andrews, R. (2010). Organizational social capital, structure and performance. Human Relations, 63(5), 583–608. http://doi.org/10.1177/0018726709342931 Antony, J. P., & Bhattacharyya, S. (2010). Measuring organizational performance and organizational excellence of SMEs – Part 1: a conceptual framework. Measuring Business Excellence, 14(2), 3–11. http://doi.org/10.1108/13683041011047812 Armstrong, J. S., & Overton, T. S. (1977). Estimating Nonresponse Bias in Mail Surveys The Wharton School, University of Pennsylvania Terry S. Overton Marketing Scientist, Merck , Sharp and Dohme. Journal of Marketing, 14(3), 396–402. Retrieved from http://cogprints.org/5205/ Arregle, J. L., Hitt, M. A., Sirmon, D. G., & Very, P. (2007). The development of organizational social capital: Attributes of family firms. Journal of Management Studies, 44(1), 73–95. http://doi.org/10.1111/j.1467-6486.2007.00665.x Arrow, K. J. (1972). Gifts and Exchanges. Philosophy and Public Affairs, 1(4), 343–362. Arunachalan, S., Ramaswani, S. ., Herrmann, P., & Walker, D. (2013). Entrepreneurial orientation, innovation and firm performance: Moderating role of marketing capabilities. American Marketing Association, 281–282. Azeem, F., & Azrina, H. (2015). Development and Social Capital: A Case Study of Selected Malaysian Non-Governmental Organizations (NGOs). Kajian Malaysia, 33(2), 25–42. Azevedo, S., & Ferreira, J. (2007). Entrepreneurial Orientation as a main Resource and Capabiltiy on Small Firm’s Growth. Munich Personal RePEc Archive, (5682). Retrieved from http://mpra.ub.uni-muenchen.de/5682/ Azmah, O., Fatimah, K., Rohana, & Rosita, H. (2012). Factors Influencing Cooperative Membership and Share Increment : An Application of the Logistic Regression Analysis in the Malaysian Cooperatives. World Review of Business Research, 2(5), 24–35. Azmah, O., Norma, M., & Fatimah, K. (2014). Assessing the performance of cooperatives in Malaysia: an analysis of co-operative groups using a data envelopment analysis approach. Asia Pacific Business Review, 20(3), 484–505. http://doi.org/10.1080/13602381.2014.933065 Baier, C. (2008). The Alignment Performance Link in Purchasing and Supply Management (1st ed.). Germany: Dissertation European Business SchoolOestrich-Winkel. Bambang Baroto, M., Bin Abdullah, M. M., & Wan, H. L. (2012). Hybrid Strategy: A New Strategy for Competitive Advantage. International Journal of Business and Management, 7(20), 120–133. http://doi.org/10.5539/ijbm.v7n20p120 Barclay, D. ., Higgins, C. ., & Thompson, R. (1995). The partial least squares approach to causal modeling: Personal computer adoption and use as illustration. Technolofy Studies, 2, 285–309. Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management. http://doi.org/10.1177/014920639101700108 Baron, R. M., & Kenny, D. a. (1986). The Moderator-Mediator Variable Distinction in Social The Moderator-Mediator Variable Distinction in Social Psychological Research: Conceptual, Strategic, and Statistical Considerations. Journal of Personality and Social Psychology, 51(6), 1173–1182. http://doi.org/10.1037/0022-3514.51.6.1173 Becchetti, L., & Pisani, F. (2015). The determinants of outreach performance of social business: An inquiry on italian social cooperatives. Annals of Public and Cooperative Economics, 86(1), 105–136. http://doi.org/10.1111/apce.12069 Becker, J. M., Klein, K., & Wetzels, M. (2012). Hierarchical Latent Variable Models in PLS-SEM: Guidelines for Using Reflective-Formative Type Models. Long Range Planning, 45(5–6), 359–394. http://doi.org/10.1016/j.lrp.2012.10.001 Bello, D. A. (2005). The Role of Cooperative Societies in Economic Development. Munich Personal RePEc Archive. Retrieved from http://mpra.ub.unimuenchen.de/23161/ Benos, T., Kalogeras, N., Verhees, F. J. H. M., Sergaki, P., & Pennings, J. M. E. (2016). Cooperatives’ Organizational Restructuring, Strategic Attributes, and Performance: The Case of Agribusiness Cooperatives in Greece. Agribusiness, 32(1), 127–150. http://doi.org/10.1002/agr.21429 Berdie, D. R., Anderson, J. F., & Niebuhr, M. A. (1986). Questionnaires: Design and use. Bernama. (2013). Cooperatives Contributing To Country’s Wealth. Retrieved from http://kpdnkk.bernama.com/featuresEn.php?id=972320 Bernama. (2015). Angkasa asks for more funding for cooperatives in Budget 2016. Retrieved March 22, 2016, from http://english.astroawani.com/businessnews/angkasa-asks-more-funding-cooperatives-budget-2016-71781 Beugelsdijk, S., & van Schaik, T. (2005). Social capital and growth in European regions: An empirical test. European Journal of Political Economy, 21(2), 301–324. http://doi.org/10.1016/j.ejpoleco.2004.07.004 Birjandi, H. (2012). The Effects of Cost Leadership Strategy and Product Differentiation Strategy on the Performance of Firms. Journal of Asian Business Strategy, 2(1), 14–23. Bisungo, M., Chege, K., & Musiega, D. (2014). Effects of Competitive Strategies Adopted By Farmers’ Cooperatives on Performance in Butere Sub-County , Kenya, 3(5), 11–21. Borzaga, C., Fazzi, L., & Galera, G. (2016). Social enterprise as a bottom-up dynamic: part 1. The reaction of civil society to unmet social needs in Italy, Sweden and Japan. International Review of Sociology, 26(1), 1–18. http://doi.org/10.1080/03906701.2016.1148332 Borzaga, C., & Galera, G. (2012). Promoting the Understanding of Cooperatives for a Better World. In International Year of Cooperatives (pp. 1–30). Venice, Italy. Retrieved from http://scholar.google.com/scholar?hl=en&btnG=Search&q=intitle:Promoting+the+understanding+of+cooperatives+for+a+better+world#0 Bourdieu, P. (1986). The forms of capital. In J. Richardson (Ed.), Handbook of Theory and Research for the Sociology of Education (pp. 241–258). Westport, CT: Greenwood. http://doi.org/10.1002/9780470755679.ch15 Bwana, K. M., & Mwakujonga, J. (2013). Issues in SACCOS Development in Kenya and Tanzania : The Historical and Development Perspectives. Developing Country Studies, 3(5), 114–122. Cain, M. K., Zhang, Z., & Yuan, K.-H. (2016). Univariate and multivariate skewness and kurtosis for measuring nonnormality: Prevalence, influence and estimation. Behavior Research Methods. http://doi.org/10.3758/s13428-016-0814-1 Campos, H. M., & Valenzuela, F. A. A. (2013). The Relationship between Entrepreneurial Orientation, Time Orientation and Small Business Performance: Evidence from Mexico. Revista Da Micro e Pequena Empresa, 7(1), 48–63. Cao, J. X., Ding, Y., & Zhang, H. (2016). Social Capital, Informal Governance, and Post-IPO Firm Performance: A Study of Chinese Entrepreneurial Firms. Journal of Business Ethics, 134(4), 529–551. http://doi.org/10.1007/s10551-014-2383-5 Cavana, R. Y., Delahaye, B. L., & Sekaran, U. (2001). Applied Business Research: Qualitative and Quantitative Methods. John Wiley & Sons, Inc. CCA. (2012). Canadian Co-operatives in International Development. Chandler, A. D. J. (1962). Strategy and Structure. Cambridge: Mass M.I.T. Press. Chavez, R., Yu, W., Jacobs, M. A., & Feng, M. (2017). Manufacturing capability and organizational performance: The role of entrepreneurial orientation. International Journal of Production Economics, 184, 33–46. http://doi.org/10.1016/j.ijpe.2016.10.028 Chen, Y. C., Li, P. C., & Evans, K. R. (2012). Effects of interaction and entrepreneurial orientation on organizational performance: Insights into market driven and market driving. Industrial Marketing Management, 41(6), 1019–1034. http://doi.org/10.1016/j.indmarman.2012.01.017 Chien, S. (2014). Franchisor resources, spousal resources, entrepreneurial orientation, and performance in a couple-owned franchise outlet. Management Decision, 52(5), 916–933. Chin, W. W. (2010). How to write up and report PLS analyses. In V. E. Vinzi, W. W. Chin, J. Henseler, & H. Wang (Eds.), Handbook of Partial Least Squares: Concepts, Methods and Application (pp. 655–690). New York: Springer. Chin, W. W. (2011). Bootstrap Cross-Validation Indices for PLS PathModel Assessment. In V. E. Vinzi, W. W. Chin, J. Henseler, & H. Wang (Eds.), Handbook of Partial Least Squares: Concepts, Methods and Application (pp. 83–97). New York: Springer. http://doi.org/10.1007/978-3-642-16345-6 Chisholm, A. M., & Nielsen, K. (2009). Social Capital and the Resource-Based View of the Firm. International Studies of Management and Organization, 39(2), 7–32. http://doi.org/10.2753/IMO0020-8825390201 Chloupková, J., Svendsen, G. L. H., & Svendsen, G. T. (2003). Building and Destroying Social Capital: The Case of Cooperative Movements in Denmark and Poland. Agriculture and Human Values, 20(3), 241–252. http://doi.org/10.1023/A Chow, W. S., & Chan, L. S. (2008). Social network, social trust and shared goals in organizational knowledge sharing. Information and Management, 45(7), 458–465. http://doi.org/10.1016/j.im.2008.06.007 Chua, L. C. (2006). Sample Size Estimation Using Krejcie And Morgan And Cohen Statistical Power Analysis: A Comparison. Jurnal Penyelidikan IPBL, 7, 78–86. Cohen, J. (1988). Statistical Power Analysis for the Behavioral Sciences (2nd ed.). New York: Lawrence Erlbaum Associates. Coleman, J. S. (1988). Social Capital in the Creation of Human Capital Author. American Journal of Sociology, 94(1988), S95–S120. Conner, K. R., & Pralahad, C. . (1996). A Resource-Based Theory of the Firm: Knowledge versus Opportunism. Organization Science, 7(5), 477–501. Covin, J. G., & Miles, M. (1999). Corporate entrepreneurship and the pursuit of competitive advantage. Entrepreneurship Theory and Practice, 23(3), 47–64. Covin, J. G., & Miller, D. (2014). International Entrepreneurial Orientation: Conceptual Considerations, Research Themes, Measurement Issues, and Future Research Directions. Entrepreneurship: Theory and Practice, 38(1), 11–44. http://doi.org/10.1111/etap.12027 Covin, J. G., & Slevin, D. P. (1988). The Influence of Organizational Structure on the Utility of an Entrepreneurial Top Management Style. Journal of Management Studies, 25(3), 217–234. Covin, J. G., & Slevin, D. P. (1989). Strategic Management of Small Firms in Hostile and Benign Environments. Strategic Management Journal, 10(1), 75–87. http://doi.org/10.1002/smj.4250100107 Covin, J. G., & Slevin, D. P. (1991). A conceptual model of entrepreneurship as firm behavior. Entrepreneurship: Theory & Practice, 16(1), 7–25. Covin, J. G., & Wales, W. J. (2012). The Measurement of Entrepreneurial Orientation. Entrepreneurship: Theory and Practice, 36(4), 677–702. http://doi.org/10.1111/j.1540-6520.2010.00432.x Daft, R. L. (2010). Organziation Theory and Design. Zhurnal Eksperimental’noi i Teoreticheskoi Fiziki. Retrieved from http://scholar.google.com/scholar?hl=en&btnG=Search&q=intitle:No+Title#0 Daud, S., Fadzilah, W., & Yusoff, W. (2010). Knowledge Management and Firm Performance in SMEs: The Role of Social Capital as a Mediating Variable. Asian Academy of Management Journal, 15(2), 135–155. Davidsson, P., & Honig, B. (2004). The Role of Social and Human Capital Among Nascent Entrepreneurs. Journal of Business Venturing, 18(3), 301–331. Dawes, J. (1999). The Relationship between Subjective and Objective Company Performance Measures in Market Orientation Research: Further Empirical Evidence. Marketing Bulletin, 10(3), 65–75. Retrieved from http://marketingbulletin.massey.ac.nz Dess, G. G., & Robinson, R. (1984). Measuring Organizational Performance in the Absence of Objective Measures : The Case of the Privately-Held Firm and Conglomerate Business Unit Author ( s ): Gregory G . Dess , Richard B . Robinson and Jr . Published by : Wiley Stable URL : http://www.jsto. Strategic Management Journal, 5(3), 265–273. http://doi.org/10.1002/smj.4250050306 Diamantopoulos, A., & Siguaw, J. A. (2006). Formative versus reflective indicators in organizational measure development: A comparison and empirical illustration. British Journal of Management, 17(4), 263–282. http://doi.org/10.1111/j.1467-8551.2006.00500.x DMK. (2017). Cooperatives. Retrieved March 31, 2017, from https://www.dmk.de/en/company/cooperatives/ Doh, S., & Acs, Z. J. (2010). Innovation and social capital: A cross-country investigation. Industry and Innovation, 17(3), 241–262. http://doi.org/10.1080/13662711003790569 Donaldson, L. (2001). The Contingency Theory of Organizations. Thaousands OaKS: CA: SAGE Publication. Dorf, R. C., & Raitanen, M. (1997). The Balanced Scorecard: Translating Strategy Into Action~. Proceedings of the IEEE. http://doi.org/10.1109/JPROC.1997.628729 Drazin, R., & Ven, A. H. Van De. (1985). Alternative Forms of Fit in Contingency Theory Alternative Forms of Fit in Contingency Theory and. Administrative Science Quarterly, 30(4), 514–539. Retrieved from http://www.jstor.org/stable/10.2307/2392695 Dzulkarnain, M., Abdullah, A. G., & Shuhymee, A. (2014). Linking Entrepreneurial Orientation and Business Performance : The Examination toward Performance of Cooperatives Firms in Northern Region of Peninsular Malaysia. International Journal of Business and Technopreneurship, 4(2), 247–264. Eddleston, K. A., Chrisman, J. J., Steier, L. P., & Chua, J. H. (2010). Governance and trust in family firms: An introduction. Entrepreneurship: Theory and Practice, 34(6), 1043–1056. http://doi.org/10.1111/j.1540-6520.2010.00412.x Eggers, F., Kraus, S., Hughes, M., Laraway, S., & Snyverski, S. (2013). Implications of customer and entrepreneurial orientations for SME growth. Management Decision, 51(3), 23. http://doi.org/10.1108/00251741311309643 Fassot, G., Henseler, J., & Coelho, P. (2016). Testing moderating effects in PLS path models with composite variables. Industrial Management & Data Systems, 116(9), 1887–1900. http://doi.org/10.1108/02635570710734262 Faul, F., Erdfelder, E., Lang, A.-G., & Buchner, A. (2007). G*Power 3: A flexible statistical power analysis program for the social, behavioral, and biomedical sciences. Behavior Research Methods, 39(2), 175–191. http://doi.org/10.3758/BF03193146 Felício, J. A., Couto, E., & Caiado, J. (2014). Human Capital, Social Capital and Organizational Performance. Management Decision, 52(2), 350–364. http://doi.org/10.1108/MD-04-2013-0260 Feng, L., Friis, A., & Nilsson, J. (2016). Social Capital among Members in Grain Marketing Cooperatives of Different Sizes. Agribusiness, 32(1), 113–126. http://doi.org/10.1002/agr Ferrari, M. Z. (2012). Social Capital,Trust and Legal Institutions. Ferri, P. J., Deakins, D., & Whittam, G. (2009). The measurement of social capital in the entrepreneurial context. Journal of Enterprising Communities: People and Places in the Global Economy, 3(2), 138–151. Florin, J., Lubatkin, M., & Schulze, W. (2003). A Social Capital Model of High-Growth Ventures. Academy of Management Journal, 46(3), 374–384. Fornell, C., & Larcker, D. F. (1981). Structural Equation Models with Unobservable Variables and Measurement Error: Algebra and Statistics. Journal of Marketing Research, 18(3), 382–388. http://doi.org/10.2307/3150980 Frank, H., Kessler, A., & Fink, M. (2010). Entrepreneurial Orientation and Business Performance – a Replication Study. Schmalenbach Business Review, (april), 175–198. Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1604118 Fuller, C. M., Simmering, M. J., Atinc, G., Atinc, Y., & Babin, B. J. (2016). Common methods variance detection in business research. Journal of Business Research, 69(8), 3192–3198. http://doi.org/10.1016/j.jbusres.2015.12.008 Garson, D. (2012). Testing Statistical Assumptions. USA: David Garson and Statistical Associates Publishing. Gertler, M. (2001). Rural Co-operatives and Sustainable Development. Saskatoon, Canada: Centre for the Study of Co-operatives, University of Saskatchewan. Gold, A., Malhotra, A., & Segars, A. (2001). Knowledge management: An Organizational Capabilities Perspective. Journal of Management Information Systems, 18(1), 185–214. Retrieved from http://portal.acm.org/citation.cfm?id=1289679.1289687 Greve, A., & Salaff, J. (2003). Social Network and Entrepreneurship. Entrepreneurship: Theory & Practice, 28(1), 1–22. Groves, R. M. (2006). Nonresponse rates and nonresponse bias in household surveys. Public Opinion Quarterly, 70(5), 646–675. http://doi.org/10.1093/poq/nfl033 Gummer, T. (2017). Assessing Trends and Decomposing Change in Nonresponse Bias: The Case of Bias in Cohort Distributions. Sociological Methods & Research, 1–24. http://doi.org/10.1177/0049124117701479 Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2010). Multivariate Data Analysis (7th ed.). Pearson Prentice Hall. http://doi.org/10.1016/j.ijpharm.2011.02.019 Hair, J. F., Hult, G. T. M., Ringle, C. M., & Sarstedt, M. (2017). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM) (2nd ed.). USA: SAGE Publication. Hair, J. F., Hult, G. T. M., Ringle, C., & Sarstedt, M. (2014). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM) (Vol. 46). USA: SAGE Publication. http://doi.org/10.1016/j.lrp.2013.01.002 Hair, J. F., Ringle, C. M., & Sarstedt, M. (2012). Partial Least Squares: The Better Approach to Structural Equation Modeling? Long Range Planning, 45(5–6), 312–319. http://doi.org/10.1016/j.lrp.2012.09.011 Hair, J. F., Ringle, C. M., & Sarstedt, M. (2013). Partial Least Squares Structural Equation Modeling: Rigorous Applications, Better Results and Higher Acceptance. Long Range Planning, 46(1–2), 1–12. http://doi.org/10.1016/j.lrp.2013.01.001 Hair, J. F., Sarstedt, M., Ringle, C. M., & Mena, J. A. (2012). An assessment of the use of partial least squares structural equation modeling in marketing research. Journal of the Academy of Marketing Science, 40(3), 414–433. http://doi.org/10.1007/s11747-011-0261-6 Hair, J., Ringle, C., & Sarstedt, M. (2011). PLS-SEM: Indeed a Silver Bullet. Journal of Marketing Theory and Practice, 19(2), 139–152. http://doi.org/10.2753/MTP1069-6679190202 Hargadon, A. B. (2002). Brokering knowledge: Linking learning and innovation. Research in Organizational Behavior (Vol. 24). http://doi.org/10.1016/S0191-3085(02)24003-4 Hasan, K., Syyedhamzeh, N., & Ali, F. (2013). The influence of entrepreneurial orientation on innovative performance. Journal of Knowledge-Based Innovation in China, 5(3), 262–278. http://doi.org/10.1108/JKIC-09-2013-0017 Hashim, M. K., Zakaria, M., & Fawzi, D. A. (2014). Cooperatives in malaysia: their strengths, weaknesses, opportunities and threats, (March), 618–628. Hayes, A. F., & Preacher, K. J. (2014). Statistical mediation analysis with a multicategorical independent variable. British Journal of Mathematical and Statistical Psychology, 67(3), 451–470. http://doi.org/10.1111/bmsp.12028 Heffernan, M. M. (2000). An exploration of the relationships between the adoption of managerial competencies, organisational characteristics, human resource sophistication and performance in Irish organisations. Journal of European Industrial Training, 24(2), 128–136. http://doi.org/10.1108/03090590010321098 Henseler, J., & Fassot, G. (2010). Testing Moderating Effects in PLS Path Models: An Illustration of Available Procedures. In V. E. Vinzi, W. W. Chin, J. Henseler, & H. Wang (Eds.), Handbook of Partial Least Squares: Concepts, Methods and Application (pp. 713–735). Springer. http://doi.org/10.1007/978-3-642-16345-6 Henseler, J., Hubona, G., & Ray, P. A. (2016). Using PLS path modeling in new technology research: updated guidelines. Industrial Management & Data Systems, 116(1), 2–20. http://doi.org/10.1108/02635570710734262 Henseler, J., Ringle, C. M., & Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. http://doi.org/10.1007/s11747-014-0403-8 Henseler, J., Ringle, C. M., & Sinkovics, R. R. (2009). The Use of Partial Least Squares Path Modeling in International Marketing. Advances in International Marketing, 20, 227–319. http://doi.org/10.1016/0167-8116(92)90003-4 Hill, C. W. L., & Jones, G. R. (2012). Essentials of Strategic Management (3rd ed.). USA: South-Western, Cengage Learning. Hilman, H., & Kaliappen, N. (2014). Do Cost Leadership Strategy and Process Innovation Influence the Performance of Malaysia Hotel Industry? Asian Social Science, 10(10), 134–141. http://doi.org/10.5539/ass.v10n10p134 Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2011). Strategic Management: Competitiveness and Globalization (Concepts & Cases). South-Western Cengage Learning. Retrieved from http://cws.cengage.co.uk/volberda/ Hoque, Z. (2004). A contingency model of the association between strategy, environmental uncertainty and performance measurement: Impact on organizational performance. International Business Review, 13(4), 485–502. http://doi.org/10.1016/j.ibusrev.2004.04.003 Huang, K. P., & Wang, K. Y. (2013). The moderating effect of social capital and environmental dynamism on the link between entrepreneurial orientation and resource acquisition. Quality and Quantity, 47(3), 1617–1628. http://doi.org/10.1007/s11135-011-9614-y Hughes, M., & Morgan, R. E. (2007). Deconstructing the relationship between entrepreneurial orientation and business performance at the embryonic stage of firm growth. Industrial Marketing Management, 36(5), 651–661. http://doi.org/10.1016/j.indmarman.2006.04.003 Ibrahim, M. I. (2018). Entrepreneurial Orientation, Technology Orientation, Contemporary Marketing and Performance of Small and Medium Entreprise in Nigeria: The Effect of Government Support. Universiti Utara Malaysia. ICA. (2015a). Co-operative identity, values & principles | ICA: International Cooperative Alliance. Retrieved May 27, 2016, from http://ica.coop/en/whats-coop/co-operative-identity-values-principles ICA. (2015b). History of the co-operative movement | ICA: International Co-operative Alliance. Retrieved April 28, 2015, from http://ica.coop/en/whats-co-op/historyco-operative-movement ICA. (2015c). What is a co-operative? | ICA: International Co-operative Alliance. Retrieved April 21, 2015, from http://ica.coop/en/what-co-operative ICA, & ILO. (2015). Cooperatives and the Sustainable Development Goals. Ireland, D. R., Hitt, M. ., & Sirmon, D. . (2003). A Model of Strategic Entrepreneurship: The Construct and its Dimensions R. Journal of Management, 29(6), 801–830. http://doi.org/10.1016/S0149-2063 Iturrioz, C., Aragón, C., & Narvaiza, L. (2015). How to foster shared innovation within SMEs’ networks: Social capital and the role of intermediaries. European Management Journal, 33(2), 104–115. http://doi.org/10.1016/j.emj.2014.09.003 Jakobsen, M., & Jensen, R. (2015). Common method bias in public management studies. International Public Management Journal, 18(1), 3–30. http://doi.org/10.1080/10967494.2014.997906 Jia, J., Wang, G., Zha, X., & Yu, X. (2014). Exploring the relationship between entrepreneurial orientation and corporate performance. Nankai Business Review International, 5(3), 326–344. http://doi.org/10.1108/NBRI-05-2014-0024 Jiang, J. Y., & Liu, C.-W. (2015). High performance work systems and organizational effectiveness: The mediating role of social capital. Human Resource Management Review, 25(1), 126–137. http://doi.org/10.1016/j.hrmr.2014.09.001 Johannessen, J. A., Olaisen, J., & Olsen, B. (1999). How can Europe compete in the 21st century. International Journal of Information Management, 19(4), 263–275. Johnson, G., Whittington R. & Scholes, K. (2011). Exploring Strategy Text and Cases 9th edition. Harlow, England: Pearson Education Ltd. José Ruiz-Ortega, M., Parra-Requena, G., Rodrigo-Alarcón, J., & García-Villaverde, P. M. (2013). Environmental dynamism and entrepreneurial orientation. Journal of Organizational Change Management, 26(3), 475–493. http://doi.org/10.1108/09534811311328542 Kaasa, A. (2009). Effects of different dimensions of social capital on innovative activity: Evidence from Europe at the regional level. Technovation, 29(3), 218–233. Kajalo, S., & Lindblom, A. (2015). Market orientation, entrepreneurial orientation and business performance among small retailers. International Journal of Retail and Distribution Management, 43(7), 580–596. Kantur, D. (2016). Strategic entrepreneurship: mediating the entrepreneurial orientation-performance link. Management Decision, 54(1), 24–43. Kanyabi, Y., & Devi, S. (2012). The impact of advisory services on Iranian SME performance: An empirical investigation of the role of professional accountants. African Journal Business Management, 43(2), 43(2), 61-72. Keh, H. T., Nguyen, T. T. M., & Ng, H. P. (2007). The effects of entrepreneurial orientation and marketing information on the performance of SMEs. Journal of Business Venturing, 22(4), 592–611. http://doi.org/10.1016/j.jbusvent.2006.05.003 Kemelgor, B. H. (2002). A comparative analysis of corporate entrepreneurial orientation between selected firms in the Netherlands and the USA. Entrepreneurship & Regional Development, 14(1), 67–87. http://doi.org/10.1080/08985620110087023 Kerin, R. A., Varadarajan, P. R., & Peterson, R. A. (1992). First-Mover Advantage: A Synthesis, Conceptual Framework, and Research Propositions. Journal of Marketing. Khan, H. H. A., Yaacob, M. A., Abduallah, H., & Abu Bakar Ah, S. H. (2016). Factors affecting performance of co-operatives in Malaysia. International Journal of Productivity and Performance Management, 65(5). http://doi.org/http://dx.doi.org/10.1108/MRR-09-2015-0216 Khandwalla, P. N. (1977). The design of organizations. Houghton Mifflin Harcourt P. Kinyuira, D. (2014). Effects of Porter’s Generic Competitive Strategies on the Performance of Savings and Credit Cooperatives (Saccos) in Murang’a County, Kenya. IOSR Journal of Business and Management, 16(6), 93–105. http://doi.org/10.9790/487X-166193105 Kline, R. B. (2011). Principles and practice of structural equation modeling. Structural Equation Modeling (Vol. 156). New York: The Guilford Press. http://doi.org/10.1038/156278a0 Kock, N., & Lynn, G. S. (2012). Lateral Collinearity and Misleading Results in Variance-Based SEM : An Illustration and Recommendations. Journal of the Association for Information Systems, 13(7), 546–580. Korsgaard, S., & Anderson, A. R. (2011). Enacting entreprenuership as social value creation. International Small Business Journal, 29(2), 135–151. http://doi.org/10.1177/0266242610391936 Kraus, S., Ambos, T., & Semrau, T. (2016). Entrepreneurial orientation and SME performance across societal cultures: An international study. Journal of Business Research, 69(5), 1928–1932. http://doi.org/10.1016/j.jbusres.2015.10.082 Kraus, S., Rigtering, J. P. C., Hughes, M., & Hosman, V. (2012). Entrepreneurial orientation and the business performance of SMEs: a quantitative study from the Netherlands. Review of Managerial Science, 6(2), 161–182. http://doi.org/10.1007/s11846-011-0062-9 Kreiser, P. M., Marino, L. D., Kuratko, D. F., & Weaver, K. M. (2013). Disaggregating entrepreneurial orientation: The non-linear impact of innovativeness, proactiveness and risk-taking on SME performance. Small Business Economics, 40(2), 273–291. http://doi.org/10.1007/s11187-012-9460-x Kreiser, P. M., Marino, L. D., & Weaver, K. M. (2002). Assessing the Psychometric Properties of the Entrepreneurial Orientation Scale: A Multi-Country Analysis. Entrepreneurship: Theory & Practice, 26(4), 71. http://doi.org/Article Krejcie, R. V, & Morgan, D. W. (1970). Determining sample size for research activities. Education and Psychological Measurement, 30, 607–610. http://doi.org/10.1177/001316447003000308 Krosnick, J. a., & Presser, S. (2010). Question and Questionnaire Design. Handbook of Survey Research. http://doi.org/10.1111/j.1432-1033.1976.tb10115.x Laidlaw, A. . (1974). The Cooperative Sector. Columbia: University of Missouri. Leana, C., & Pil, F. (2006). Social Capital and Organizational Performance : Evidence from Urban Public Schools. Organization Science, 17(3), 353–366. http://doi.org/10.1287/orsc. Lechner, C., & Gudmundsson, S. V. (2014). Entrepreneurial orientation, firm strategy and small firm performance. International Small Business Journal, 32(1), 36–60. http://doi.org/10.1177/0266242612455034 Lechner, C., & Gudmundsson, S. V. (2012). Entrepreneurial orientation, firm strategy and small firm performance. International Small Business Journal. http://doi.org/10.1177/0266242612455034 Lechner, C., & Gudmundsson, S. V. (2014). Entrepreneurial orientation, firm strategy and small firm performance. International Small Business Journal, 32(1), 36–60. http://doi.org/10.1177/0266242612455034 Lee, R. (2009). Social capital and business and management: Setting a research agenda. International Journal of Management Reviews, 11(3), 247–273. http://doi.org/10.1111/j.1468-2370.2008.00244.x Liang, Q., Huang, Z., Luc, H., & Wang, X. (2015). Social capital, member participation, and cooperative performance: Evidence from China’s Zhejiang. International Food and Agribusiness Management Review, 18(1), 49–78. http://doi.org/https://www.ifama.org/publications/journal/IFAMRArchive.aspx Light, I., & Dana, L. P. (2013). Boundaries of Social Capital in Entrepreneurship. Entrepreneurship: Theory and Practice, 37(3), 603–624. http://doi.org/10.1111/etap.12016 Lin, W.-F., Hewitt, G., & Videras, J. (2017). “I’m Meltiiiiiing ...”: The Decline of Response Rates and the Impact of Nonresponse Bias on the Results of National Surveys at Small Colleges. New Direction for Institutional Research, 173, 5. http://doi.org/10.1002/ir Lineback, J. F., & Thompson, K. J. (2010). Conducting Nonresponse Bias Analysis for Business Surveys. Journal of Services Marketing, (April), 317–331. Lumpkin, G. T., Brigham, K. H., & Moss., T. W. (2010). Long-term orientation: Implications for the entrepreneurial orientation and performance of family businesses. Entrepreneurship & Regional Development, 22(3–4). Lumpkin, G. T., & Dess, G. G. (1996). Clarifying the Entrepreneurial Orientation Construct and Linking It to Performance. Academy of Management Review, 21(1), 135–172. http://doi.org/10.2307/258632 Lumpkin, G. T., & Dess, G. G. (2001). Linking two dimensions of entrepreneurial orientation to firm performance: The moderating role of environment and industry life cycle. Journal of Business Venturing, 16(5), 429–451. http://doi.org/10.1016/S0883-9026(00)00048-3 Lundvall, B.-Å. (2006). One knowledge base or many knowledge pools? Retrieved from http://www2.druid.dk/conferences/working_papers/NEW/20060008.pdf%5Cnhttp://forskningsbasen.deff.dk/Share.external?sp=Sdf9af150-ab92-11db-b942-000ea68e967b&sp=Saau Luu, T. (2015). “Entrepreneurial orientation and competitive intelligence: cultural intelligence as a moderator.” Journal of Research in Marketing and Entrepreneurship, 17(2), 1–17. http://doi.org/http://dx.doi.org/10.1108/14715200780001340 Lyon, D. W., Lumpkin, G. T., & Dess, G. D. (2000). Enhancing entrepreneurial orientation research: Operationalizing and measuring a key strategic decision making process. Journal of Management, 26(5), 1055–1085. http://doi.org/10.1177/014920630002600503 Makori, J., Munene, C., & Muturi, W. (2013). The challenges facing deposit-taking savings and credit-cooperative societies’ regulatory compliance in Kenya. A case of the Gusii Region. Interdisciplinary Journal of Contemporary Research in Business, 4(12), 1013–1081. Malhotra, N. K., & Birks, D. F. (2007). Marketing Research: An Applied Approach (3rd ed., Vol. 3). Englan: Pearson Education Ltd. Retrieved from http://www.amazon.co.uk/Marketing-Research-An-Applied-Approach/dp/0273706896 Malhotra, N. K., Schaller, T. K., & Patil, A. (2017). Common Method Variance in Advertising Research: When to Be Concerned and How to Control for It. Journal of Advertising, 46(1), 193–212. http://doi.org/10.1080/00913367.2016.1252287 Manap, N. A., & Tehrani, P. M. (2014). The Contribution of Cooperative Law to Economic Development in Malaysia. Asian Social Science, 10(15), 283–290. http://doi.org/10.5539/ass.v10n15p283 Marwa, N., & Aziakpono, M. (2015). Financial sustainability of Tanzanian saving and credit cooperatives. International Journal of Social Economics, 42(10), 870–887. http://doi.org/http://dx.doi.org/10.1108/JEIM-07-2014-0077 Maslinawati, M., Intan Waheedah, O., & Arun, M. (2013). Accountability Issues and Challenges : The Scenario for Malaysian Cooperative Movement, 7(6), 665–670. Merz, G. R., & Sauber, M. H. (1995). Profiles of manegerial activities in small firms. Strategic Management Journal, 16, 551–564. http://doi.org/10.1002/smj.4250160705 Meyers, L. ., Gamst, G., & Guarino, A. . (2012). Applied Multivariate Research: Design and Interpretation (2nd ed.). SAGE Publication. Miao, C., Coombs, J. E., Qian, S., & Sirmon, D. G. (2017). The mediating role of entrepreneurial orientation: A meta-analysis of resource orchestration and cultural contingencies. Journal of Business Research, 77, 68–80. http://doi.org/10.1016/j.jbusres.2017.03.016 Miles, J. A. (2012). Management and Organization Theory (1st ed.). USA: John Wiley & Sons, Inc. http://doi.org/10.1017/CBO9781107415324.004 Miller, D. (1983). The Correlates of Entrepreneurship in Three Types of Firms. Management Science, 29(7), 770–791. Moghaddam, J. Y., Khorakian, A., & Maharati, Y. (2015). Organizational Entrepreneurship and its Impact on the Performance of Governmental Organizations in the City of Mashhad. Procedia - Social and Behavioral Sciences, 169(August 2014), 75–87. http://doi.org/10.1016/j.sbspro.2015.01.288 Morris, M., Kuratko, D., & Covin, J. (2011). Corporate Entrepreneurship and Innovation. In South-Western Cengage Learning. Mudaki, A. L. (2012). Effects of Operational Factors on Organizational Performance in Kenyan Insurance Industry, 3(17), 237–241. Nahapiet, J., & Ghoshal, S. (1998). Social Capital , Intellectual Capital , and the Organizational Advantage. Academy of Management Review, 23(2), 242–266. Najmabadi, a. D., Rezazadeh, a., & Shoghi, B. (2013). Entrepreneurial orientation and firm performance: the moderating effect of organizational structure. Asian Journal of Research in Business Economics and Management, 3(2), 142–164. Ndedi, A. (2017). Can forecasting Be Useful with today’s Unpredictable Business Environment? Ngigi, P. W. (2014). Influence of Competitive Generic Strategies on Customer Base in Deposit Taking Microfinance Institution in Nairobi Country. International Journal of Business and Commerce, 3(12), 69–75. Nilsson, J., Svendsen, G. L. ., & Svendsen, G. T. (2012). Are Large and Complex Agricultural Cooperatives Losing Their Social Capital? Agribusiness, 28(2), 187–204. http://doi.org/10.1002/agr Nishimura, R., Wagner, J., & Elliott, M. (2016). Alternative Indicators for the Risk of Non-response Bias: A Simulation Study. International Statistical Review, 84(1), 43–62. http://doi.org/10.1111/insr.12100 Norreklit, H. (2000). The balance on the balanced scorecard a critical analysis of some of its assumptions. Management Accounting Research, 11(July 1999), 65–88. http://doi.org/10.1006/mare.1999.0121 Norton, D. (1996). Guidelines in corporate management The Balanced Scorecard – Translating Strategy into Action. Novkovic, S. (2013). Reflections on the International Symposium of Co-operative Governance. Journal of Co-Operative Organization and Management, 1(2), 93–95. http://doi.org/10.1016/j.jcom.2013.10.001 Okpara, F. (2007). the Value of Creativity and. Journal of Asia Entrepreneurship and Sustainability, III(2), 17. Retrieved from http://www.asiaentrepreneurshipjournal.com/AJESIII2Okpara.pdf Österberg, P., & Nilsson, J. (2009). Members’ perception of their participation in the governance of cooperatives: The key to trust and commitment in agricultural cooperatives. Agribusiness, 25(2), 181–197. http://doi.org/10.1002/agr.20200 Ostrom, E. (1994). Constituting Social Capital and Collective Action. Journal of Theoretical Politics, 6(4), 527–562. Otache, I., & Mahmood, R. (2015). Entrepreneurial Orientation and Performance of Nigerian Banks: The Mediating Effect of Teamwork. Mediterranean Journal of Social Sciences, 6(3), 406–414. http://doi.org/10.5901/mjss.2015.v6n3p406 Othman, A., & Kari, F. (2008). Enhancing Co-Operative Movement To Achieve Malaysia’S Development Goals. In ICA REsearch Conference (pp. 1–39). Riva del Garda, Trento Italy. Retrieved from http://www.acdivocacoopex.org/acdivoca/CoopLib.nsf/dfafe3e324466c3785256d96004f15a8/1958e814b2f5b523852575e0005a3c9a/$FILE/ENHANCING COOPERATIVEMOVEMENT.pdf Pallant, J. (2013). SPSS Survival Manual (5th ed.). New York: McGraw-Hill Education. Paranjape, B., Rossiter, M., & Pantano, V. (2006). Performance measurement systems: successes, failures and future – a review. Measuring Business Excellence, 10(3), 4–14. http://doi.org/10.1108/13683040610685748 Parnell, J. A. (2014). Crisis Management and Strategic Orientation in Small and Medium-Sized Enterprises (SMEs) in Peru, Mexico and the United States. Journal of Contingencies and Crisis Management, 23(4). http://doi.org/DOI: 10.1111/1468-5973.12060 Pillai, K. G., Hodgkinson, G. P., Kalyanaram, G., & Nair, S. R. (2017). The Negative Effects of Social Capital in Organizations: A Review and Extension. International Journal of Management Reviews, 19(1), 97–124. http://doi.org/10.1111/ijmr.12085 Pittino, D., Visintin, F., & Lauto, G. (2016). A configurational analysis of the antecedents of Entrepreneurial Orientation. European Management Journal, 1–14. http://doi.org/10.1016/j.emj.2016.07.003 Pitts, R. A., & Lei, D. (2006). Strategic Management: Building and Sustaining Competitive Advantage. Thomson South-Western. Podsakoff, P. M., MacKenzie, S. B., Lee, J.-Y., & Podsakoff, N. P. (2003). Common method biases in behavioral research: A critical review of the literature and recommended remedies. Journal of Applied Psychology, 88(5), 879–903. http://doi.org/10.1037/0021-9010.88.5.879 Popa, S. (2009). The Balanced Scorecard: translating strategy into results Balanced Business Scorecard: translatarea strategiei în rezultate. Management, 12(2), 214–217. Porter, M. (1980). Competitive.Strategy: Techniques fro Analyzing Industries and Competitors. The Free Press. New York: The FreePress. http://doi.org/10.1002/jsc.540 Porter, M. (1980). Competitive strategy: Techniques for analyzing industries and competitors. New York, Free Press. Porter, M. (1985). Competitive Advantage: Creating and Sustainig Superior Performance: with a new introduction. New York: The FreePress. Portes, A. (1998). Social capital: Its origins and applications in modern sociology. Annual Review of Sociology, 24(1), 1–24. http://doi.org/10.1146/annurev.soc.24.1.1 Posner, D. N., & Boix, C. (1998). Social Capital : Explaining Its Origins and Effects on Government Performance. British Journal of Political Science, 28(4), 686–693. Prahalad, C. K., & Hamel, G. (1990). The Core Competence of the Corporation. Harvard Business Review, 68(3), 79–91. http://doi.org/10.1007/3-540-30763-X_14 Pratono, A., Tee, C. W., Dicky, H. S., TyazNugraha, A., Nik Kamariah, N. M., & HadiatiFitri. (2013). The Direct Effect of Entrepreneurial Orientation and Innovation Success on Firm Performance. American Journal of Economics, 3(1), 1–6. http://doi.org/10.5923/j.economics.20130301.01 Prause, G., Mendez, M. M., & Garcia-Agreda, S. (2013). Attitudinal loyalty and trust in entrepreneurship: Building new relationships. International Entrepreneurship and Management Journal, 9(4), 531–540. Preacher, K. J., & Hayes, A. F. (2004). SPSS and SAS procedures for estimating indirect effects in simple mediation models. Behavior Research Methods, Instruments, & Computers, 36(4), 717–731. http://doi.org/10.3758/BF03206553 Preacher, K. J., & Hayes, A. F. (2008). Asymptotic and resampling strategies for assessing and comparing indirect effects in multiple mediator models. Behavior Research Methods, 40(3), 879–891. http://doi.org/10.3758/BRM.40.3.879 Pressreader. (2015). Cooperatives to contribute RM34b to GDP in 2016. Retrieved from https://www.pressreader.com/malaysia/the-malaysianreserve/20151124/281621009244170 Purtik, H., Zimmerling, E., & Welpe, I. M. (2015). Cooperatives as catalysts for sustainable neighborhoods - a qualitative analysis of the participatory development process toward a 2000-Watt Society. Journal of Cleaner Production, 1–12. http://doi.org/10.1016/j.jclepro.2016.02.075 Putnam, R. D. (1993). The Prosperous Community: Social Capital and Public Life. The American Prospect, 13(13), 35–42. Retrieved from http://www.citeulike.org/group/1702/article/1032759 Putnam, R. D. (1995). Bowling alone: America’s declining social capital. Journal of Democracy, 1–18. http://doi.org/10.1016/S0362-3319(02)00190-8 Rahman, S. A., Amran, A., Ahmad, N. H., & Taghizadeh, S. K. (2015). Supporting entrepreneurial business success at the base of pyramid through entrepreneurial competencies. Management Decision, 53(6), 1203–1233. Ramayah, T., Cheah, J.-H., Chuah, F., Ali Memon, M., & Ting, H. (2016). Partial Least Squares Structural Equation Modeling (PLS-SEM) using Smart PLS 3.0. Malaysia: Pearson Malaysia Sdn. Bhd. Ramayah, T., Chuah, F., Cheah, J.-H., Ali Memon, M., & Ting, H. (2017). A Review of the Methodological Misconceptions and Guidelines Related to the Application of Structural Equation Modeling: A Malaysian Scenario. Journal of Applied Structural Equation Modeling, 1(1). Rauch, A., Wiklund, J., Lumpkin, G. T., & Frese, M. (2009). Entrepreneurial orientation and business performance: An assessment of past research and suggestions for the future. Entrepreneurship: Theory and Practice, 33(3), 761–787. http://doi.org/10.1111/j.1540-6520.2009.00308.x Richardson, H. A., Simmering, M. J., & Sturman, M. C. (2009). A Tale of Three Perspectives : Examining Post Hoc Statistical Techniques for Detection and Corrections of Common Method Variance A Tale of Three Perspectives : Examining Post Hoc Statistical Techniques. Organizational Research Methods, 12(4), 762–200. http://doi.org/10.1177/1094428109332834. Ringle, C. M., Sarstedt, M., & Straub, D. (2012). A Critical Look at the Use of PLSSEM in MIS Quarterly. MIS Quarterly, 36(1), 3–14. Riva, E., & Garavaglia, E. (2016). The sustainability and political agency of social cooperatives in Italy during the great recession. International Journal of Sociology and Social Policy, 36(7/8), 547–556. http://doi.org/10.1108/09574090910954864 ROCS. (2016). Annual Report on the Co-operative Societies in Singapore. Rohana, O., Roshayani, A., Nooraslinda, A. A., & Siti Maznah, A. (2015). Organizational Resources and Sustained Competitive Advantage of Cooperative Organizations in Malaysia. Procedia - Social and Behavioral Sciences, 170, 120–127. http://doi.org/10.1016/j.sbspro.2015.01.021 Rosenbusch, N., Rauch, A., & Bausch, A. (2013). The Mediating Role of Entrepreneurial Orientation in the Task Environment-Performance Relationship: A Meta-Analysis. Journal of Management, 39(3), 633–659. http://doi.org/10.1177/0149206311425612 Runyan, R., Droge, C., & Swinney, J. (2008). Entrepreneurial orientation versus small business orientation: What are their relationships to firm performance? Journal of Small Business Management, 46(4), 567–588. http://doi.org/10.1111/j.1540-627X.2008.00257.x Saunders, M., Lewis, P., & Thornhill, A. (2009). Research Methods for Business Students. Research methods for business students (5th ed.). Pearson Education Ltd. Schendel, D. E., & Hofer, C. W. (1979). Strategic Management: A New View of Business Policy and Planning. Boston: Little, Brown and Company. Sekaran, U., & Bougie, R. (2013). Research Methods for Business: A Skill-Building Approach (6th ed.). UK: John Wiley & Sons Ltd. Semrau, T., Ambos, T., & Kraus, S. (2016). Entrepreneurial orientation and SME performance across societal cultures: An international study. Journal of Business Research, 69(5), 1928–1932. http://doi.org/10.1016/j.jbusres.2015.10.082 Shane, S. (2003). A General Theoory of Entrepreneurship: The individual opportunity nexus (p. 17). Edward Elgar Publishing. Shi, H. X., Shepherd, D. M., & Schmidts, T. (2015). Social capital in entrepreneurial family businesses: the role of trust. International Journal of Entrepreneurial Behavior and Research, 21(6), 814–8841. http://doi.org/http://dx.doi.org/10.1108/JEIM-07-2014-0077 Shirokova, G., Bogatyreva, K., Beliaeva, T., & Puffer, S. (2016). Entrepreneurial orientation and firm performance in different environmental settings Contingency and configurational approaches. Journal of Small Business and Enterprise Developmen, 23(3), 703–727. http://doi.org/10.1108/09574090910954864 Sink, D. S., & Tuttle, T. C. (1989). “Planning and Measurement in Your Organization of the Future. IE Press: Norcross, GA. SKM. (2011). National Cooperative Policy (NCP) 2011-2020.pdf. SKM. (2016). Ringkasan Statistik Am Koperasi Mengikut Fungsi 2016. Retrieved from http://www.skm.gov.my/images/images/Statistik-Gerakan-Koperasi/Statistik-Tahunan/statistic-tahunan-2015/Ringkasan-Statistik-Am-Koperasi-Mengikut-Fungsi-2015.pdf SKM. (2017). Perangkaan am koperasi mengikut negeri pada 30 Jun 2017. Malaysia Co-operative Societies Commission. Retrieved from http://www.skm.gov.my/images/images/Statistik-Gerakan-Koperasi/Statistik-Interim/Statistik-Interim-2017/PERANGKAAN-AM-KOPERASI-MENGIKUTNEGERI-PADA-30-JUN-2017.pdf Slåtten, T., & Mehmetoglu, M. (2014). The Effects of Transformational Leadership and Perceived Creativity on Innovation Behavior in the Hospitality Industry. Journal of Human Resources in Hospitality & Tourism, 14(2), 195–219. http://doi.org/10.1080/15332845.2014.955557 Soininen, J. S., Puumalainen, K., Sjorgren, H., Syrja, P., & Durst, S. (2013). Entrepreneurial orientation in small firms - values - attitudes-behavior approach. International Journal of Entrepreneurial Behaviour & Research, 19(6), 611–632. http://doi.org/10.1108/IJEBR-10-2012-0106 Sorooshian, S., Aziz, N. F., Ahmad, A., Jubidin, S. N., & Mustapha, N. M. (2016). Review on Performance Measurement Systems. Mediterranean Journal of Social Sciences, 7(1), 123. http://doi.org/10.5901/mjss.2016.v7n1p123 Subramaniam, N., Stewart, J., Ng, C., & Shulman, A. (2013). Understanding corporate governance in the Australian public sector: A social capital approach. Accounting, Auditing & Accountability Journal, 26(6), 946–977. http://doi.org/10.1108/AAAJ-Jan-2012-00929 Sullivan, J. (2015). List of top 100 co-ops in USA released - Co-operative News. Retrieved April 2, 2017, from http://www.thenews.coop/100093/news/agriculture/list-top-100-co-ops-usareleased/ Tabachnick, B. G., & Fidell, L. S. (2007). Using Multivariate Statistics (5th ed.). USA: Pearson Education Inc. http://doi.org/10.1037/022267 Tang, J. (2010). How entrepreneurs discover opportunities in China: An institutional view. Asia Pacific Journal of Management, 27(3), 461–479. http://doi.org/10.1007/s10490-009-9151-6 Tang, J., Tang, Z., & Cowden, B. J. (2016). Exploring the Relationship Between Entrepreneurial Orientation, CEO Dual Values, and SME Performance in State-Owned vs. Nonstate-Owned Enterprises in China. Entrepreneurship Theory and Practice, (314), 1–26. http://doi.org/10.1111/etap.12235 Tehseen, S., Ramayah, T., & Sajilan, S. (2017). Testing and Controlling for Common Method Variance: A Review of Available Methods. Journal of Management Sciences, 4(2), 142–168. http://doi.org/10.20547/jms.2014.1704202 Terry Kim, T., Lee, G., Paek, S., & Lee, S. (2013). Social capital, knowledge sharing and organizational performance. International Journal of Contemporary Hospitality Management, 25(5), 683–704. http://doi.org/10.1108/IJCHM-Jan-2012-0010 The Star Online. (2016). DPM commends Malaysia’s cooperatives but warns integrity issues - Videos | The Star Online. Retrieved April 11, 2017, from http://www.thestar.com.my/videos/2016/11/20/dpm-commends-malaysiascooperatives-but-warns-integrity-issues/ Thompson, A., Gamble, J., & Strickland III, a J. (2009). Crafting And Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases (16th ed.). New York: Irwin McGraw-Hill. Tina, G.-M., & Katharina, H. (2015). Market orientation, entrepreneurial orientation and performance in emerging markets. International Journal of Emerging Markets, 10(3), 560–571. http://doi.org/10.1108/IJoEM-05-2013-0076 Tsai, W., & Ghoshal, S. (1998). Social Capital and Value Creation : The Role of Intrafirm Networks. Academy of Management Journal, 41(4), 464–476. Uchegbulam, P., Akinyele, S., & Ibidunni, A. (2015). Competitive Strategy and Performance of Selected SMEs in Nigeria. International Conference on African Development Issues: Social and Economic Models for Development Track, (August), 326–333. Urbach, N., & Ahlemann, F. (2010). Structural equation modeling in information systems research using Partial Least Square Least Squares. Information Systems Research, 11(2), 5–40. http://doi.org/10.1037/0021-9010.90.4.710 Uzzi, B. (1999). Embeddedness in the Making of Financial Capital : How Social Relations and Networks Benefit Firms Seeking Financing. American Sociological Review, 64(4), 481–505. Valentinov, V. (2004). Toward a social capital theory of cooperative organisation. Journal of Institutional Economics, 37(3), 5–20. Venkatraman, N. (1989). Strategic Orientation of Business Enterprises: The Construct, Dimensionality, and Measurement. Management Science, 35(8), 942–962. http://doi.org/10.1287/mnsc.35.8.942 Venkatraman, N., & Camillus, J. C. (1984). the Exploring Strategic in " Fit " of Concept. Academy of Management Review, 9(3), 513–525. Vij, S., & Bedi, H. S. (2016). Are subjective business performance measures justified? International Journal of Productivity and Performance Management, 65(5), 603–621. http://doi.org/http://dx.doi.org/10.1108/VINE-10-2013-0063 Vink, J. M., & Boomsma, D. I. (2008). A comparison of early and late respondents in a twin-family survey study. Twin Rsearch and Human Geneticsenetics, 11(2), 165–173. http://doi.org/10.1375/twin.11.2.165 Voinea, A. (2015). Malaysia to host the Alliance’s next General Assembly. Retrieved March 22, 2016, from http://www.thenews.coop/99094/news/globalaffairs/malaysia-host-alliances-next-general-assembly/ Wales, W. J. (2016). Entrepreneurial orientation: A review and synthesis of promising research directions. International Small Business Journal, 34(1), 3.15. http://doi.org/10.1177/0266242615613840 Wales, W. J., Gupta, V. K., & Mousa, F.-T. (2013). Empirical research on entrepreneurial orientation: An assessment and suggestions for future research. International Small Business Journal, 31(4), 357–383. http://doi.org/10.1177/0266242611418261 Wall, T., Michie, J., Patterson, M., Wood, S., Sheehan, M., Clegg, C., & West, M. (2004). On the Validity of Subjective Measures of Company Performance. Personnel Psychology, 57(1), 95–118. http://doi.org/10.1111/j.1744-6570.2004.tb02485.x Wang, T., Thornhill, S., & De Dastro, J. (2017). Entrepreneurial orientation, legitimation, and new venture performance. Strategic Entrepreneurship Journal, 11(4), 373–392. http://doi.org/10.1111/b.9780631234104.2002.00001.x Wang, Z., Wang, N., & Liang, H. (2014). Knowledge sharing, intellectual capital and firm performance. Management Decision, 52(2), 230–258. http://doi.org/10.1108/MD-02-2013-0064 Wernerfelt, B. (1984). A Resource based view of the firm. Strategic Management Journal, 5(2), 171–180. http://doi.org/10.1002/smj.4250050207 Wetzels, M., Schröder, G. O., & Oppen, C. (2009). Using PLS Path Modeling for Assesing Hierarchical Construct Models: Guidelines and Empirical Illustration. MIS Quarterly, 33(1), 177–195. Wheelen, T., & Hunger, D. (2012). Strategic Management and Business Policy - Toward Global Sustainability 13 Edition (13th ed.). New Jersey: Prentice Hall. Wiklund, J. (1999). The sustainability of the entrepreneurial orientation performance relationship. Entrepreneurship: Theory & Practice, 24(1), 37–48. http://doi.org/Article Wiklund, J., & Shepherd, D. (2003). Knowledge-Based Resources, Entrepreneurial Orientation, and the Performance of Small and Medium-Sized Businesses. Strategic Management Journal, 24(13), 1307–1314. http://doi.org/10.1002/smj.360 Wiklund, J., & Shepherd, D. (2005). Entrepreneurial orientation and small business performance: A configurational approach. Journal of Business Venturing, 20(1), 71–91. http://doi.org/10.1016/j.jbusvent.2004.01.001 Wu, P., Gao, L., & Gu, T. (2015). Business strategy, market competition and earnings management: Evidence from China. Chinese Management Studies, 9(3), 401–424. http://doi.org/10.1108/CMS-12-2014-0225 Wüstenhagen, R., Hamschmidt, J., & Sharma, S. (2008). Sustainable Innovation and Entrepreneurship. (R. Wüstenhagen, J. Hamschmidt, & S. Sharma, Eds.). UK: Edward Elgar Publishing Limited. Yang, X. (2016). Enprepreneurial social capital, cognitive orientation and new venture innovation. Management Research Review, 39(5), 498–520. http://doi.org/10.1108/MRR-09-2015-0216 Zeuli, K. a, & Cropp, R. (2010). Cooperatives : Principles and practices in the 21st century C O O P E R A T I V E S : University of Wisconsins Extension. Madison: University of Wisconsins Extension. Zhang, J. (2010). The problems of using social networks in entrepreneurial resource acquisition. International Small Business Journal, 28(4), 338–361. http://doi.org/10.1177/0266242610363524 Zikmund, W. G., Babin, B. J., Carr, J. C., & Griffin, M. (2010). Business Research Methods (8th ed.). South-Western, Cengage Learning.