Financial Conditions and Performances of Cooperatives in Ifugao, Philippines

Abstract

In this paper, we analyze the financial conditions and performances of cooperatives in Ifugao, Philippines, and evaluate them against the standards set by the Cooperative Development Authority of the Philippines. The research finds that while the cooperatives have good deposit liabilities and external borrowings, they exhibit poor asset efficiency and earnings per share ratios. Asset efficiency has a significant positive impact on profitability and earnings per share, while external borrowings positively affect the latter. The study recommends that cooperatives address their financial issues for sound financial management and stakeholder satisfaction.