The analysis of Managerial factors of fund management and financial performance towards the growth of small businesses in the Rice Milling industry in the center of West Java.
DOI:
https://doi.org/10.61841/av4d2m52Keywords:
Spirit of Entrepreneurship, Competencies, Leadership Roles, business partnerships, fund management, financial performance, business growthAbstract
This study examines the phenomenon identified the weaknesses of small industrial entrepreneurs in terms of entrepreneurial spirit, competence, leadership and partnership role in the management of funds impact on the financial performance and the implications for business growth. The purpose of this study is to examine and analyze: (1). Entrepreneurial spirit, competence, leadership and partnership role. (2). The fund management. (3). Financial Performance (4). Business growth. (5). The influence of the entrepreneurial spirit, competence, leadership and partnership roles either partially or simultaneously to the management of funds. (6). Fund management influence on financial performance, (7). The influence of the financial performance of the business growth. The method used is descriptive verification. The technique used is the cross-section, the research carried out for a period of time (October 2010 - March 2011) of the 156 respondents entrepreneur’s paddy rice mill in the center of the district of West Java Indramayu, Karawang and Subang district. The sampling technique used was cluster random sampling. Methods of data analysis used to test the hypothesis of the research is the analysis of the path (path Analysis). The results showed that: (1). Entrepreneurial spirit, competence, leadership and partnership role quite well, (2). The fund management is quite good, (3). Good financial performance, (4). Good business growth, (5). A significant difference between the entrepreneurial spirit, competence, leadership and partnership role for the management of funds (6). The effect of management of funds towards firm’s financial performance, (7). A significant difference between the financial performance of the business growth.
Downloads
References
[1] Bambang Riyanto. 2008. The Company Spending Basics. BPFE-Yogyakarta. Yogyakarta
[2] Buchary Alma, 2007. Entrepreneurship for students and general public. Bandung: Alfa beta.
[3] Covin, J. & Slevin, DP, 1996: A Conceptual Model of Entrepreneurship as Firm Behavior. Entrepreneurship Theory and Practice. Vol.16.
[4] Cloud, Douglas, Jr., Arthur Kuriloff, John M. Mempil, 1993. Starting and Managing the Small Business 3rd ed. New York: McGGraw Hill.
[5] Dalimunthe, Rita, 2004. Cultural Entrepreneurship development program. Faculty of Economics, University of North Sumatra.
[6] Hussain, H.I., Kamarudin, F., Thaker, H.M.T. & Salem, M.A. (2019) Artificial Neural Network to Model Managerial Timing Decision: Non-Linear Evidence of Deviation from Target Leverage, International Journal of Computational Intelligence Systems, 12 (2), 1282-1294.
[7] James C. Van Horne. 2002. Financial Management & Policy. Prentice Hall International Inc., USA.
[8] Saptana, Susmono, Suwarto, and M. Nur. 2002. Institutional Performance Agribusiness Rice in West Java. Technical Report Research. Center for Research and Socio-Economic Development of AgricultureBogor.
[9] Sartika P, Tiktik. & Soejoedono, Rachman A. 2002. Economic Small Scale / Medium & Kperasi. Jakarta: Ghalia Indonesia.
[10] Suryana. 2009. Entrepreneurship: A Practical Guide tips and success tosuccess.Jakarta: Four Salemba.
[11] Suryoto, 2008. Influence of External and Internal Environment And Performance Partnership Against Small enterprises (Survey on Small Scale Industry in Central Java). Dissertation. Universitas Padjadjaran Bandung
[12] Yukl, Gary. 2005. Leadership in Organizations. Interpretation by Budi Sapriyanto. PT. Index. Jakarta.
[13] Zimmerer. Scarborough & Doug, Wilson. 2008. Essentials of Entrepreneurship and Small Business Management-Entrepreneurship and Small Business Management. Translation by Deny Arnos Kwary & Goddess Fitriasari. Jakarta. Salemba Four
Downloads
Published
Issue
Section
License
Copyright (c) 2020 AUTHOR
This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
