The effects of covid-19 pandemic on the cooperative sector in Calabarzon, Philippines
Mina, Ceptryl S1, Cruz, Liezel S2.
Like any business enterprises, co-operatives cannot escape from the adverse impacts of the
COVID-19 pandemic. Any disruptions brought about by the pandemic can negatively affect the
business operations of co-operatives. This study reports the nature and extent of the effects of
COVID-19 pandemic on 77 co-operatives in the Calabarzon region of the Philippines. The data
were analysed using descriptive and inferential analyses. Chi-square test of independence was
used to examine the association between co-operatives’ net surplus and two factors, the COVID-19
pandemic and whether or not co-operatives had a business continuity plan (BCP). The results
revealed that most of the co-operatives had been severely affected by the pandemic. Among other
things, co-operatives experienced several encumbrances, particularly affecting the supply chain,
cash flow, and workforce. All the respondents felt that financial and technical assistance were
needed to help co-operatives to weather the effects of the pandemic. The results further revealed
that having a BCP was vital to help co-operatives build resilience amid the COVID-19 pandemic.
Affiliation:
- University of the Philippines Los Banos, Philippines
- University of the Philippines Los Banos, Philippines
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