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Reaching the Hard to Reach — Savings and Spider Plants, What is Good Governance for Member-Owned Institutions in Remote Areas Image

Promoting Inclusive Markets and Financial Systems

Reaching the Hard to Reach — Savings and Spider Plants, What is Good Governance for Member-Owned Institutions in Remote Areas

Reaching the Hard to Reach — Savings and Spider Plants, What is Good Governance for Member-Owned Institutions in Remote Areas

Summary

To get a better understanding of what this means across various types of MOIs, this study examined seven institutional case-studies from the perspective of the base-tier associations and their members. Four research questions were used to direct the study:

  • What matters in good governance design for MOIs in remote areas? 
  • What is the role of member participation in good member governance? 
  • What other control and accountability mechanisms may be necessary? 
  • What factors affect members’ perception of ownership?

An underlying assumption here is that members can improve accountability within governance if their participation is well-designed. To this end, ‘good governance’ was assessed by studying six elements of good governance: member trust and perception of ownership; the relationship between member capital and MOI outreach performance; the relationship between member participation in decision-making and good governance; internal control mechanisms; evidence and nature of member influence on accountability and risk management.



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