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Research Article | Volume 2 Issue 5 (Sep-oct, 2020)
An assessment of corporate parenting between Cameroon Cooperative Credit Union League (CamCCUL) and its affiliated Credit Unions
Under a Creative Commons license
Open Access
Abstract

The study is designed to provide an assessment of corporate parenting between Cameroon Cooperative Credit Union League (CamCCUL) and its affiliated Credit Unions. A stratified random sample of 138 was selected for data collection and the main source was primary, done with the aid of questionnaire as the major instrument. The questions were structured to capture the competencies of CamCCUL and the opportunities available in affiliated Credit Unions. A five points Likert scale was used in this regard which was later summarised and quantified with the use of the STATA 14 statistical package. The questionnaire was submitted to researchers and econometricians both at the University of Calabar, Nigeria and University of Buea, Cameroon for scrutiny. Additionally, primary data was tested to be reliable with a 0.701 consistency coefficient using Cronbach alpha The findings revealed that CamCCUL adds value to 89.47 percent and 10.53 percent of the affiliated Credit Unions get their value destroyed due to their affiliation with the league. The researcher therefore recommends that the Ministry of Finance should facilitate the creation of additional leagues and classify Credit Unions according to relative sizes, and make it possible for Credit Unions with excess capacity to gain autonomy.

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