THE DEVELOPMENT OF TRANSPARENCY AND DISCLOSURE INDICATORS OF THE LARGE-SIZED SAVING COOPERATIVES IN LOWER NORTHEASTERN REGION 2

Abstract

The objectives of this study was to study and develop the indicators for transparency and disclosure of information of large-sized saving cooperatives in the lower northeastern region 2. The results of the development of transparency and disclosure of information of large-sized saving cooperatives showed that the overall components and indicators were appropriate as the specified level including 3 components: 1) transparency in implementation; 2) risk management and internal control; and 3) quality disclosure and access to information. All these 3 components included 17 indicators.  Most of the informants that provided information through interviews agreed with defining dimensions or components for considering the content of transparency and disclosure of information that could be divided into 3 aspects as a framework for description of transparency and disclosure of information. Regarding opinion towards the indicators, most of them agreed that the indicators of each component were: right on the issue, representative of the issue, relevant and sufficient to describe the expected practice of each component. All these components and indicators were applicable in the assessment for lifting up the quality of operation of the large-sized saving cooperatives. Most of the informants that participated in focus group discussion had their opinions in the same direction as other interviewed informants i.e. the specification of the components and the indicators of each component.