May 2024

Volume 07 Issue 05 May 2024
The Factors that Influencing the Success of the Village Cooperative Unit (Kud) Madani Beach Fisheries in Bantan District Bengkalis Regency, Riau Province
1Zulkarnaini, 2Darwis, 3Syahril
1,2,3Program Pascasarjana, Universitas Riau, Pekanbaru, Indonesia 28293
DOI : https://doi.org/10.47191/ijsshr/v7-i05-04

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ABSTRACT

This research was conducted in 2023 at the Pantai Madani Fisheries Cooperative, Bantan District, Bengkalis Regency with the aim of: 1) Analyzing the success of the financial performance of the Pantai Madani Fisheries Cooperative in terms of financial ratios; 2) Knowing the factors that influencing the success of the Madani Beach Fisheries Cooperative. The method used in this research is a survey method using purposive sampling as a sampling technique that will be used as respondents. The number of respondents in this research is 25 cooperative members. The research results show that the current ratio is very good because the cooperative is able to cover its short-term liabilities, the solvency ratio on DER and DAR is in good condition where the cooperative's ability to cover its debts does not affect the management of cooperative assets and capital, the profitability ratio on ROE and also ROA is not good because activity has not been maximized, NPM is not good because sales are high but cannot produce large profits, NPM is not good because sales are high but cannot produce large profits, total turnover of receivable assets is very good, meaning the utilization of the activity ratio in receivables turnover is quite good, meaning that the collection carried out on assets is optimal to generate sales. The factors that influence the success of the Pantai Madani Fisheries Cooperative are economic scale, market failure, service benefits, profit generation in the area of value obtained from these variables 479,203/month, the value obtained is the quantitative value of goods and services from fishing activities that have been executed.

KEYWORDS:

Village Unit Cooperative, Pantai Madani, Fisheries

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Volume 07 Issue 05 May 2024

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