Members Of Business Group Research Articles

Business Group Finance Company and Member Firms’ Operational Performance

Business Group Finance Company and Member Firms’ Operational Performance

Mentoring of Opak Samiler MSMEs towards SDG's 9 Indonesia based on lean tools

The Opak Samiler business group in Wonosunyo Village uses manual production methods, resulting in low productivity only 3 kg of dry opak per day, produced only in their free time after fieldwork. The lengthy and skill-intensive dough flattening process, along with uneven opak thickness, frequently receives consumer complaints. High demand, particularly during Eid al-Fitr, is difficult to meet due to limited production capacity and weather conditions. Therefore, this community service project aimed to increase the business group's productivity by implementing Lean Tools-based work aids: a mechanical samiler printer and a drying machine. The implementation involved socializing and training the business group members on tool use, and evaluating the production process post-implementation. Consequently, these work aids increased productivity by up to 65% compared to conventional methods.

The Role of Extension Officers in Increasing Business Success (Case study on Lintas Harapan livestock business group)

This research is motivated by the role of extension workers in increasing business success. The aim is to find out how the role of extension workers is in educating members so that later they will achieve better results so that later they can improve the economy and the community's knowledge in raising livestock. improve skills and increase community knowledge. The purpose of this study was to see the role of extension workers in the learning process in the cross-expectation livestock business group. research is based on a qualitative approach with case study research. Data sources in this case are extension workers, chairmen, secretaries, treasurers, and members of the Cross-Hope Livestock Business Group. Data collection techniques used in this study were observations, interviews, and documentation. The data analysis techniques used are data reduction, data presentation, and conclusion drawing. Data validation technique uses triangulation. Research result shows that the role of extension workers here is as a facilitator, innovator, and motivator. With this group of women farmers, the community should be aware that we need to take advantage of our yards by planting something that is healthy and able to help with household needs and increase family income.

Pelatihan Echogreen Pemanfaatan Limbah Daun Kopi menjadi Teh Celup Daun Kopi

Mattabulu Village's coffee farmers struggle with a lack of product diversification, which also affects their understanding of how to make coffee leaf tea correctly and effectively. As a result, the outcomes are unsatisfactory and not well received by consumers. The large coffee plantations produce coffee leaf waste, which farmers usually burn to reduce feces; however, this leads to air pollution. To help solve the existing problems, a community service initiative was carried out in the form of echogreen training on the utilization of coffee leaf waste into coffee leaf tea bags. This community service activity aims to transform coffee leaves into a marketable product by verifying the processing of coffee leaves. The methods implemented are socialization, training, evaluation, and mentoring. The training and mentoring materials consist of enhancing the skills of the Mattabulu coffee business group in product diversification, particularly in producing coffee leaf tea bags with better quality that can be sold commercially and digitally. In addition, it can also be socialized that coffee leaf tea bags have health benefits because they contain less caffeine compared to coffee. Coffee leaf tea can prevent cardiovascular problems and heart disease due to the presence of mangiferin, which can lower blood pressure. During the event, the community and members of the Mattabulu coffee business group warmly welcomed the DPL team and students. It is hoped that in the future, the coffee leaf tea bag product will have good prospects for community income, supported by the availability of raw materials, the ease of product processing, and the availability of equipment that has already been provided to the business group.

Nugget Processing with Addition of Egg Shell Flour in Kotabaru Village, Jambi

Calcium is an essential micronutrient for children to the postmenopausal women. In practice, consumption of calcium-rich foods sourced from animal protein foods for family members, especially children, is still low. Egg shells contain calcium which can be fortified into nuggets to produce calcium-rich nuggets. Thus, the high benefits of egg shells will be obtained and reduce the negative environmental waste impact. Kota Baru Village, Geragai Subdistrict, Tanjung Jabung Timur Regency was chosen as the location for community service because apart from being an UNJA’s integrated laboratory village, this area is one of the location for stunting reduction in Jambi Province. This community service project has target of producing nugget products with the addition of egg shell flour, as well as increasing the knowledge and skills of village business group members. Evaluation of participants' knowledge and skills was carried out using pre-test and post-test questionnaire and checklist of nugget-making procedures. The results of this community service showed that there was a difference in 10 participants' knowledge compared to before the training (test score from 72 to 88). The hedonic test showed that more participants really liked the eggshell and carrot nuggets formulation in terms of smell, texture, and taste. Processing of nuggets with the addition of eggshell flour can be an alternative local food source of animal protein which is also of economic value.

Assistance in improving the quality of financial management of the oyster mushroom business for the disable persons at DPO Restu Abadi Purworejo

This community service activity is undertaken to enhance the quality of financial management, aiming to attain financial independence for members of business groups with disabilities. The approach involves training and mentoring, engaging both academics and practitioners specializing in financial literacy and inclusion. The success of this service program is evident in the increased knowledge and skills of the partners, encompassing the preparation of plans, business financial reports, financial literacy, and inclusion. Additionally, there has been an improvement in partners' access to financial institutions. The challenges of partner indiscipline in recording finances and pricing strategy problems can be effectively addressed through the use of the SIMAKE application. This application facilitates easy recording of transactions and determination of product prices.

Quantitative Strategic Planning Matrix Analytics on Small-Scale Shoemaker Business and Finance

This study is intended to help craftsmen as well as small micro-scale shoe producers to comprehend the external and internal conditions of their business, the strengths and weaknesses of the business unit, and opportunities and threats to the business unit. As part of that, it provides alternative strategy options to be recommended to the small company holders to assist them to overcome their problems. Thus, the businesses owned by MSMEs who are members of joint business groups in Sukaresmi Village, Tamansari District, Bogor can survive and maintain their sustainability amid increasingly fierce-forcing competition among shoe entrepreneurs. The data analysis method used to evaluate the appropriate competitive strategy are using three stages coaxial of analysis. First, using the IFE and EFE matrix; Second, using IE and SWOT analysis and third using QPSM analysis. To sum up, it is concluded that the KUBE- Junashoe joint business group, at Sukasari Village, Tamansari District, Bogor, should be able to upscale their firm, by increasing promotion and product quality and upskilling the employee. Additionally, develop product and sales innovation, implement branding strategies and other strategies increasing support sales profitability.

Development of Impact Evaluation on Zakat Fund Utilization Program Using Social Return on Investment (SROI)

The accuracy of the formulation of the zakat fund utilization program still has not found effective results. This is because the evaluation measuring instruments are classic and conventional. Even the program is left without evaluation of the results. Every financial institution should have modern measuring instruments capable of controlling and ensuring its success. This study aims to analyze the implementation of the program and the social rate of return of the Tangguh Cart program at LAZNAS Daarut Tauhiid Peduli Surabaya. This success impact measurement instrument uses the Social Return On Investment (SROI) model. This study found that there are 8 impacts resulting from the program, namely increasing the income of members of the tough cart business group, increasing the business assets of the tough cart group, increasing knowledge and skills in running a business, improving communication and organizational skills, increasing business creativity, increasing awareness and ability to give some of its sustenance to others, improving the beauty and cleanliness of the environment, and increase operating income. The greatest impact value is derived from the impact of increasing the income of members of the resilient cart business group. The results showed that the value of social returns reached a ratio of 2.57:1, meaning that every Rp 1 invested would provide a profit of IDR 2.57 for stakeholders

Usaha Kita Groups Economic Activities as a Learning Resources on Social Studies

The lack of income for family members will affect survival. Through the economic activities of the fish cracker business group, there are aspects, such as production and distribution. Economic activities provide a place for teachers to develop the material, adding examples in the environment around where they live as social studies learning resources. This study aims to determine how the fish cracker business group conducts economic activities. This research uses a qualitative approach with descriptive methods. Data was obtained through observation, interviews, and documentation. Test the validity of the data through source, technique, and time triangulation. Data is presented in the form of descriptions and pictures. The research results are production activities, distribution, and consumption by the Usaha Kita group in Banua Anyar village. Production is carried out by several business group members, namely by processing haruan/snake fish into crackers. Distribution is done directly by selling online via WhatsApp and indirectly through intermediaries distributed to restaurants. Consumption is done directly in the restaurant. Economic activities carried out by business groups, such as distribution, production, and consumption, can be used as contextual social studies learning resource on economic activity material so that it aims for students to understand the surrounding environment and can be used as a learning resource. The existence of these activities can make it easier for teachers to provide examples and link them to learning resources on social studies.

PELUANG ENTERPRENEUR WANITA TANI DALAM DIVERSIFIKASI UBI KAYU SEBAGAI BAHAN BAKU PANGAN KONVENSIONAL

The purpose of this community service activity is to carry out counseling and empowerment in the process of processing cassava into kaopi (flour) which has a soft texture, white color and a distinctive aroma (like fresh cassava) and a good packaging system and branding for business groups. women farmers in Bola Village, Batauga District, South Buton Regency, Southeast Sulawesi Province. The method of implementing community service is through the participatory action research (PAR) method which is carried out using participatory techniques such as Focus Group Discussions (FGD), surveys with the involvement of all members of business groups as interviewers, formal and non-formal discussions and discussions with stakeholders, so that people recognize the potential and existing problems and encourage participation in the activities carried out. The results of the implementation of community service activities show that the process of processing cassava into good and soft kaopi has been successful because the women farming business group has understood the stages in the kaopi processing process. So that the resulting kaopi has a soft texture, white color, does not smell and has been packaged properly in branded packaging.

TRAINING FOR MAKING FLOOR CLEANER (CARBOL) ON BUSINESS GROUP IN SUKONOLO VILLAGE – KECAMATAN BULULAWANG – KABUPATEN MALANG

The "Berkah Jaya" Business Group is one of the business groups in Sukonolo Village - Kecamatan Bululawang which is engaged in the trading business, where the products traded, among others: food, beverages, soap, floor cleaner, hand soap, toothbrushes, and others. The goods sold in this business group are obtained from large markets in Malang. On the other hand, good customer products can be made simply by using raw materials that are readily available in Sukonolo Village. The purpose of community service (PPM) is to provide/transfer experience and skills in making and entrepreneurship of floor cleaners in the business group - Sukonolo Village – Kecamatan Bululawang. PPM activities in the form of training were attended by 32 participants from business group members, with trainers from chemical engineering staff and assisted by several students The PPM activity was carried out at the Sukonolo Village Hall using the presentation, discussion, and practice of making floor cleaner. The results of the PPM showed that the participant's interest and enthusiasm for participating in the activity were very high, which was indicated by the ability of participants to make floor cleaner independently and the results of the questionnaire given, where 90% of participants stated that they were very satisfied
 

The Impact of the Marketing Mix on Online Business: A Study in Sylhet City

Since the beginning of the twenty-first century, online business has been getting more popular. Especially during the pandemic period, online business was a blessing for people to survive. Although nowadays, people get used to the pandemic, still online business is a vital part of daily life. For making online business more useful for both parties, i.e., sellers and buyers, it is important to undertake academic research. The current study aims to find out the impact of the elements of the Marketing Mix on online business in Sylhet City. A mixed questionnaire was served to the members of different online business groups for collecting data. In total 256 persons participated in the survey. It is found that the elements of the Marketing Mix have a significant impact on online business.

Analysis of Promotion and Creativity in Increasing Family Income of Women Aceh Embroidery Articles in Montasik Sub-District

The purpose of this study was to analyze the influence of promotion and creativity possessed by Acehnese embroidery craftswomen in an effort to market their handicrafts so as to increase family income (a case study on the Acehnese embroidery creative craft business group in Dayah Daboh village, District Montasic). This research belongs to the type of field research with a quantitative approach. The population in this study were women who were members of the Acehnese embroidery craft business group. The sampling method used in this study is non-probability sampling with simple random sampling technique, and data collection techniques using survey methods through questionnaires with a sample of 75 respondents. The method of data processing and analysis uses multiple linear regression with the help of IBM SPSS Statictic 22 which includes classical assumption test and hypothesis testing. The results showed that promotion partially had a positive and significant effect on an increase in income of 0.001 and creativity partially had a positive and significant effect on an increase in income of 0.000. Promotion and creativity variables simultaneously have a positive and significant effect on increasing income by 0.000.
 
 Keywords: Promotion, Creativity, and Income

위탁기업의 협력업체 지원이 위탁기업의 국제화에 미치는 영향에 대한 연구

Intensified global competition compels firms to focus on their core competencies and develop and secure additional competencies through supply chain cooperation. Among the various types of supply chain relations, subcontracting raises concerns about the asymmetric bargaining power between the subcontracting company and the subcontractors. This calls for a discussion on supply chain cooperation in subcontracting relations and its effect on business outcomes. This study analyzed the influence of voluntary support policies of buyer firms for their subcontractors on the level of buyers’ internationalization. Using a sample of 1,016 Korean manufacturing firms, we found that buyer’s management support for subcontractors, high proportion of cash settlement, and pursuit of long-term subcontracting relations raise the level of buyer’s internationalization. This implies that the policies that support subcontractors can create a virtuous cycle for better business outcomes for buyers. Additionally, the assessment of the moderating effect of business group membership of buyers revealed that buyers who are members of business groups experience less positive influence of subcontractor supporting policies on internationalization. Based on these results, academic and practical implications are presented, and future research directions are discussed.

Analysis of PSM after implementation of CbCR policy in Indonesia

The Country-by-Country Reporting (CbCR) policy requires that multinational enterprises report financial information of all of their business group members globally. The presence of the information within such policy framework should be reviewed as to whether it will be useful for the Profit Split Method (PSM) implementation. This research used a qualitative approach with data collection techniques including indepth interview. The results indicate that in the future, the PSM will grow in urgency with the development of multinational enterprises and the Anti-BEPS (Base Erosion and Profit Shifting) project. However, the PSM implementation in Indonesia at the present time is still rare due to particular difficulties encountered by both taxpayers and tax authorities. CbCR data alone is not sufficient to be used as a basis for the PSM implementation. Nevertheless, CbCR can still be used by taxpayers as a basis for the PSM implementation in collaboration with other data and information.

Mobile phones, leadership and gender in rural business groups

Digital information and communication technologies are recognized as vital tools for empowering marginalized groups such as women in low income developing countries through reducing the costs of communication and connectivity. This study aimed at assessing the gender difference in mobile phone ownership among youth business group members, and how it affects election into leadership and group board positions in rural youth business groups in northern Ethiopia. We used instrumental variable methods on survey data on 1125 youths in 119 youth business groups where 32% of the members were female. Our results indicated that 37% of the females and 70% of the males owned mobile phones. Male members were twice as likely to become board members and five times as likely to become group leaders. Mobile phones had become instrumental for male members to become group leaders and board members while this was not the case for female members. Male members without mobile phone were not significantly more likely to become board members or group leaders than female members without and with mobile phones. The gender digital divide is thus a question of both ownership and the use of mobile phones for business and for getting positions that can empower women in business. Further research should investigate whether provision of mobile phones and training of female business members in use of mobile phones for business can lead to female empowerment and thereby eliminate or reduce the observed digital gender discrimination.

Preferences, trust, and performance in youth business groups.

We study how social preferences and norms of reciprocity are related to generalized (outgroup) and particularized (ingroup) trust among members of youth business groups in northern Ethiopia. The Ethiopian government promotes youth employment among land-poor rural youth by allocating them rehabilitated communal lands for the formation of sustainable businesses. The typical sustainable production activities that the groups can invest in include apiculture, forestry, horticulture, and livestock production. Our study used incentivized experiments to elicit social preferences, trust, and trustworthiness. We use data from 2427 group members in 246 functioning business groups collected in 2019. Altruistic and egalitarian preferences were associated with stronger norms to reciprocate, higher outgroup and ingroup trustworthiness and trust while spiteful and selfish preferences had opposite effects. The social preferences had both direct and indirect effects (through the norm to reciprocate) on trustworthiness and trust. Ingroup trust was positively correlated with a number of group performance indicators.

The consequences of the auditor’s choice in group companies and expectations gap

PurposeThe purpose of this paper is to investigate the consequences of the auditor’s choice in group companies and the expectation gap of listed firms on the Tehran Stock Exchange (TSE).Design/methodology/approachIn this study, 128 companies (768 observations) listed on the TSE during the period 2012 to 2017 have been investigated. To test the hypotheses, logistic regression has been used.FindingsThe results showed that companies that are members of business groups are more likely to choose their auditors from large audit firms. The research findings also showed no significant relationship between the business group firms that have used the large auditor and the financial reporting quality. The results showed a positive and meaningful relationship between the member firms that use the large auditor and the audit fees. The results showed a negative and significant relationship between membership in business groups and the audit expectations gap.Originality/valueDespite the importance of the audit performance, defining auditors’ roles most acceptably has always been challenging to create a gap through the diverse understanding of auditors’ role, which is the distance of perception between users’ auditors. For this reason, over the past years, the audit expectation gap and how to reduce it have focused on academics, professional accounting firms and users of financial statements. As any unmet expectations from the community will reduce the audit firm’s credibility and ability to gain and be widely detrimental to stakeholders, the audit study’s expectation gap in performing audit study is critical. Although there are extensive studies on the gap in auditing expectations in developed economies, most conclusions cannot be attributed to developing countries such as Iran due to cultural and legal differences. Besides, the audit environment in Iran and existing laws can have different results. This research also helps to bridge this gap by providing additional guidance to regulators. Besides, as all recent studies on the expectation gap were qualitative, the present study measures the expectation gap through quantitative statistical methods.

Business groups, institutions, and firm performance

AbstractThe aim of this paper is twofold. First, we analyze whether firms affiliated to national and international business groups outperform independent firms. Second, we investigate whether any potential performance premium associated with national and international business group membership depends on the quality of sub-national, regional institutions. Using data on Italian and Spanish manufacturing firms, we find a short-run growth premium for international business group members—while not for national business group members—with respect to independent firms. We also find that the growth premium associated with international business group membership is detected in low-quality regional institutional environments only.

The Community Partnership Program BUMDES Catu Graha Mandiri in Gumbrih Tourism Village, Pekutatan, Jembrana, Bali

The partnership program between Dhyana Pura University and Catu Graha Mandiri BUMDES was applied by socialization activity, management training, mentoring, and evaluation. The program used a business management indicator that aims to improve the knowledge and skills of the Catu Graha Mandiri BUMDES community business group members. The partnership programs were measured by Pre-Test and Post-Test Method so that the effectiveness and output of the program can be measured accurately. The program offered the solution in terms of providing assistance and training on the use of appropriate technology in increasing the quantity and quality of production of BUMDES Catu Graha Mandiri Gumbrih Village, as well as making financial reports, providing assistance and training on management, education on ethics and consumer behavior, and training product marketing using social media. The results of this partnership program have been able to improve the services of BUMDES Catu Graha Mandiri Gumbrih to consumers and be able to make financial reports accurately. The sales turnover of partners BUMDES has also increased and developed so that job opportunities are open to the community as well as the addition of new entrepreneurs in Gumbrih Village. The increase in human resources in the application of professional management has also increased, an increase in business production has also occurred, marketing has also increased and financial reports can also be done regularly, and promotions on social media have increased so that the sales turnover of BUMDES partners Catu Graha Mandiri Desa Gumbrih more increasing.
 
 Keywords: digital marketing; finance management; technology; tourism village