REVISTA EdeDC

Authors : 1Ogochukwu Esther Okafor, 2Dr. Nma Okechukwu Okoroji, 3Okonkwo Chukwudi Joseph, 4Dr. Otaokpukpu Justina Njideka & 5Braimah Mathias

DOI: https://doi.org/10.79425/rev.v5i1.51-64

Published Date: 2025-01-24

Abstract:
This study examined the internal control system and operational performance of agricultural cooperatives in Anambra State, Nigeria. The study was guided by four research questions. The study adopted the correlational research design. The population of the study comprised 2891 members of cooperative societies inAnambra State. The sample size of the study was 351 members of agricultural cooperative societies. Taro Yamane’s formula was used to determine the sample size of the study. The instrument for data collection was a structured questionnaire. The data collected were analysed with simple percentage, descriptive statistics of mean and Pearson Product Moment Correlation. The hypotheses were analyzed with simple linear regression at 0.05 significant level. The study found that internal control systems have significant relationship with operational performance. Effective environmental controls ensure agricultural cooperatives comply with environmental regulations to easy operations of the farmers and minimize soil pollution to enable quality farming operations. Risk assessment controls assist in identifying potential risks that could safeguards cooperatives’ operations and prioritize risk management of the crops. Financial controls ensure the reliability of financial reporting for effective operations. Communication controls ensure agricultural cooperatives have channels of communication during operations. It was recommended that agricultural cooperatives should implement an effective environmental control to ensure agricultural cooperatives comply with environmental regulations to easy operations of the farmers. Agricultural cooperatives should leverage risk management controls because thesecontrols assist in identifying potential risks that could safeguards cooperatives’ operations.