Cooperatives for prosperity
On 25 August 2020, the Co-operatives Societies (Amendment) Bill 2020 was tabled for first reading in Parliament with the aim of encouraging the formation of more co-operatives. The Bill does not seem to attract much public attention , probably due to the presence of the more interesting and much a...
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| Format: | Article |
| Language: | English |
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Star Media Group
2020
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| Online Access: | http://irep.iium.edu.my/82780/ http://irep.iium.edu.my/82780/3/82780_Cooperatives%20for%20prosperity%20_%20The%20Star.pdf |
| _version_ | 1848789366406643712 |
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| author | Mohd. Sulaiman, Aiman @ Nariman Hingun, Mohsin |
| author_facet | Mohd. Sulaiman, Aiman @ Nariman Hingun, Mohsin |
| author_sort | Mohd. Sulaiman, Aiman @ Nariman |
| building | IIUM Repository |
| collection | Online Access |
| description | On 25 August 2020, the Co-operatives Societies (Amendment) Bill 2020 was tabled for first reading in Parliament with the aim of encouraging the formation of more co-operatives. The Bill does not seem to attract much public attention , probably due to the presence of the more interesting and much anticipated Covid-19 Bill.
This is unfortunate as the co-operatives sector has the potential to generate economic growth while doing good. The reform in the Co-operatives Societies (Amendment) Bill 2020 should be taken as the start towards a holistic review of the legal and regulatory framework for cooperative in Malaysia. It is time that we consider a legislative framework for cooperatives societies that will foster the use of cooperatives as a means to ensure inclusive and shared prosperity. At the same time, the legislative framework must also address governance and conflict of interests issues. This requires a relook of the governance and decision-making process of the board and decision-making structure among members. |
| first_indexed | 2025-11-14T17:55:35Z |
| format | Article |
| id | iium-82780 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:55:35Z |
| publishDate | 2020 |
| publisher | Star Media Group |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-827802020-12-04T00:43:16Z http://irep.iium.edu.my/82780/ Cooperatives for prosperity Mohd. Sulaiman, Aiman @ Nariman Hingun, Mohsin K600 Private Law On 25 August 2020, the Co-operatives Societies (Amendment) Bill 2020 was tabled for first reading in Parliament with the aim of encouraging the formation of more co-operatives. The Bill does not seem to attract much public attention , probably due to the presence of the more interesting and much anticipated Covid-19 Bill. This is unfortunate as the co-operatives sector has the potential to generate economic growth while doing good. The reform in the Co-operatives Societies (Amendment) Bill 2020 should be taken as the start towards a holistic review of the legal and regulatory framework for cooperative in Malaysia. It is time that we consider a legislative framework for cooperatives societies that will foster the use of cooperatives as a means to ensure inclusive and shared prosperity. At the same time, the legislative framework must also address governance and conflict of interests issues. This requires a relook of the governance and decision-making process of the board and decision-making structure among members. Star Media Group 2020-09-09 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/82780/3/82780_Cooperatives%20for%20prosperity%20_%20The%20Star.pdf Mohd. Sulaiman, Aiman @ Nariman and Hingun, Mohsin (2020) Cooperatives for prosperity. The Star. https://www.thestar.com.my/opinion/letters/2020/09/09/cooperatives-for-prosperity |
| spellingShingle | K600 Private Law Mohd. Sulaiman, Aiman @ Nariman Hingun, Mohsin Cooperatives for prosperity |
| title | Cooperatives for prosperity |
| title_full | Cooperatives for prosperity |
| title_fullStr | Cooperatives for prosperity |
| title_full_unstemmed | Cooperatives for prosperity |
| title_short | Cooperatives for prosperity |
| title_sort | cooperatives for prosperity |
| topic | K600 Private Law |
| url | http://irep.iium.edu.my/82780/ http://irep.iium.edu.my/82780/ http://irep.iium.edu.my/82780/3/82780_Cooperatives%20for%20prosperity%20_%20The%20Star.pdf |