Publisher

STIE PENASTIE PENA

Journal Fokus Ekonomi : Jurnal Ilmiah EkonomiFokus Ekonomi : Jurnal Ilmiah Ekonomi Abstract

Cooperatives play an important role in the Indonesian economy, but many cooperatives face challenges in improving their business performance. Optimal capital structure is believed to influence the success of cooperatives, but few studies have examined the short-term and long-term relationships between internal capital, external capital, and business volume on cooperative performance. This study aims to identify the effect of capital structure and business volume on cooperative performance, using Residual Income (SHU) or profit as the main indicator of success. The method used is Autoregressive Distributed Lag (ARDL) to analyze annual data of cooperatives in Indonesia from 2000 to 2023. The results show that internal capital and business volume significantly positively affect profit, while external capital only has an effect in the long run. The findings highlight the importance of a balance between internal and external capital as well as an increase in business volume to promote cooperative success. This study also reveals limitations related to data representation that only cooperatives with available financial statements and periods. Therefore, further research involving broader data and additional variables is needed to deepen the understanding of the factors affecting cooperative performance.

Conclusion

This study identifies the relationship between cooperative capital structure and business performance, focusing on the role of internal capital, external capital, and business volume in determining cooperative success.The findings show that a balanced capital structure, combining stable internal capital and well-managed external capital, positively influences cooperative performance.Furthermore, business volume significantly contributes to increasing the Sisa Hasil Usaha (SHU), a key indicator of cooperative success.These results emphasize the importance of policies that strengthen cooperatives internal capital and promote business diversification to enhance financial resilience and member welfare.

Future Research

Berdasarkan hasil penelitian ini, terdapat beberapa saran penelitian lanjutan yang dapat dilakukan untuk memperdalam pemahaman mengenai potensi koperasi dalam perekonomian Indonesia. Pertama, penelitian lebih lanjut dapat dilakukan dengan memperluas cakupan data, tidak hanya terbatas pada koperasi dengan laporan keuangan yang tersedia, tetapi juga melibatkan koperasi yang lebih kecil dan informal untuk mendapatkan gambaran yang lebih komprehensif. Kedua, studi dapat menggali lebih dalam mengenai faktor-faktor lain yang memengaruhi kinerja koperasi, seperti kualitas manajemen, tata kelola, dan peran teknologi, serta bagaimana faktor-faktor tersebut berinteraksi dengan struktur modal dan volume usaha. Ketiga, penelitian dapat difokuskan pada pengembangan model bisnis koperasi yang inovatif dan berkelanjutan, dengan mempertimbangkan tren ekonomi digital dan kebutuhan pasar yang terus berubah, serta menguji efektivitas model-model tersebut dalam meningkatkan kesejahteraan anggota dan kontribusi koperasi terhadap pembangunan ekonomi lokal. Penelitian-penelitian ini diharapkan dapat memberikan wawasan yang lebih mendalam bagi para pembuat kebijakan, praktisi koperasi, dan akademisi dalam merumuskan strategi yang efektif untuk meningkatkan kinerja dan peran koperasi dalam perekonomian Indonesia.

References

1. MEASUREMENT OF COOPERATIVE PRODUCTIVITY LEVEL: IN ACEH: THE MALMQUIST INDEX APPROACH | Azhari | Sosiohumaniora.... doi.org/10.24198/sosiohumaniora.v23i1.29250MEASUREMENT OF COOPERATIVE PRODUCTIVITY LEVEL IN ACEH THE MALMQUIST INDEX APPROACH Azhari Sosiohumaniora doi 10 24198 sosiohumaniora v23i1 29250
2. ANALISIS IDENTIFIKASI MASALAH UTAMA KOPERASI DI KABUPATEN BANYUASIN DALAM MEWUJUDKAN KESEJAHTERAAN ANGGOTA... jurnal.radenfatah.ac.id/index.php/ieconomics/article/view/3039ANALISIS IDENTIFIKASI MASALAH UTAMA KOPERASI DI KABUPATEN BANYUASIN DALAM MEWUJUDKAN KESEJAHTERAAN ANGGOTA jurnal radenfatah ac index php ieconomics article view 3039
3. Bounds testing approaches to the analysis of level relationships - Pesaran - 2001 - Journal of Applied... onlinelibrary.wiley.com/doi/10.1002/jae.616Bounds testing approaches to the analysis of level relationships Pesaran 2001 Journal of Applied onlinelibrary wiley doi 10 1002 jae 616
4. PENGARUH MODAL SENDIRI DAN MODAL PINJAMAN TERHADAP SISA HASIL USAHA (SHU) KOPERASI KOTA SUKABUMI | Jurnal... ojs.unida.info/index.php/Jvs/article/view/953PENGARUH MODAL SENDIRI DAN MODAL PINJAMAN TERHADAP SISA HASIL USAHA SHU KOPERASI KOTA SUKABUMI Jurnal ojs unida index php Jvs article view 953
5. Distribution of the Estimators for Autoregressive Time Series with a Unit Root: Journal of the American... doi.org/10.1080/01621459.1979.10482531Distribution of the Estimators for Autoregressive Time Series with a Unit Root Journal of the American doi 10 1080 01621459 1979 10482531

Metadata

File size	402.31 KB
Pages	9
DMCA	Report