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PENGUATAN RELATIONSHIP CAPITAL PADA PELAKU IKM INDUSTRI TENUN DI KABUPATEN DONGGALA Asngadi Asngadi; Djayani Nurdin; Muh. Yunus Kasim; Husnah Husnah; Mohammad Ega Nugraha; Muhammad Riswandi Palawa
Batara Wisnu : Indonesian Journal of Community Services Vol. 1 No. 1 (2021): Batara Wisnu | Januari - April 2021
Publisher : Gapenas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (381.599 KB) | DOI: 10.53363/bw.v1i1.51

Abstract

One challenge for the development of SMEs is the lack of access to financial institutions and markets, so it is difficult for SMEs to develop. Difficult access to financial resources will impact the limitations of business expansion which has an impact on the weakness to expand business volume. On the other hand, weak market access also impacts the small size of the market controlled by IKM, which impacts the slight growth in product demand. The weakness factor attached to IKM is the direct access to business development. This service program is intended to provide knowledge on how to manage relational capital for IKM businesses so that they will be able to grow in the long term. Especially for IKM weaving in Towale village, a tourist village being developed by the Dongggala Regency government. Implementation time is one month. With research outputs in the form of articles published in devotional journals, banned and activity videos
APLIKASI PENGEMBANGAN HUMAN CAPITAL MELALUI PELATIHAN MANAJEMEN PERSEDIAAN DAN MANAJEMEN KEUANGAN PADA INDUSTRI KECIL MENENGAH DI DESA DATARAN BULAN KABUPATEN TOJO UNA-UNA Husnah Husnah; Erwan Sastrawan; Rosida P Adam; Muh. Thaib; Rahmatio Rahmatio
Batara Wisnu : Indonesian Journal of Community Services Vol. 1 No. 2 (2021): Batara Wisnu | Mei - Agustus 2021
Publisher : Gapenas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (645.997 KB) | DOI: 10.53363/bw.v1i2.54

Abstract

Problems in general are related to the development of IKM in Indonesia, one of which is related to the low human capital owned by IKM actors in managing their businesses, so that this service program aims to provide motivation, knowledge and skills for business management, specifically in Inventory Management and Financial Management in Indonesia. IKM in Plain Bulan, Tojo Unauna Regency. This goal is achieved through training methods by transferring knowledge, discussing and simulating cases. The target audience for IKM Services and IKM Agriculture in Sukamaju Village, Dataran Bulan, Tojo Unauna Regency is 25 people. Implementation time in June. With research outputs in the form of articles published in local journals, and activity documentation.
PENGARUH KREDIT USAHA RAKYAT TERHADAP PROFITABILITAS UMKM DI KABUPATEN PARIGI MOUTONG I Kadek Adi Aribawo; Muhammad Faisal; Husnah Husnah
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT) Vol 5, No 1 (2019): Jurnal Ilmu Manajemen Universitas Tadulako
Publisher : Universitas Tadulako

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22487/jimut.v5i1.136

Abstract

Research objectives, (1) To analyze the impact of entrepreneurship quality on the effectiveness of KUR in increasing profitability (2) Analyzing the impact of business scale on the effectiveness of KUR in increasing profitability. (3) Analyzing the profitability level of  UMKM with Micro KUR. (4) Analyze the profitability level of UMKM with Retail KUR. (5) Analyze the level of profitability of UMKM simultaneously with Micro KUR and Retail KUR. The results of the study, (1) The absence of a relationship between profitability and the experience of entrepreneurs managing small businesses, because experience does not improve the entrepreneurial innovation competence. (2) Hasi refers to the consistency of the relationship between size or business scale and profitability. (3) The significance value of 0.903> 0.05 can be concluded that Micro KUR does not affect the profitability of UMKM in Parigi Moutong Regency. (4) It is known that the significance value is 0.039 <0.05 so that it is concluded that Retail KUR influences the profitability of UMKM in Parigi Moutong Regency. (5) Given the significance value of 0.106> 0.05 it can be concluded that the KUR Fund does not affect the profitability of UMKM in Parigi Moutong Regency. Tujuan penelitian, (1) Menganlisis dampak kualitas enterpreneur terhadap efektivitas KUR dalam meningkatkan profitabilitas.(2) Menganlisis dampak skala usaha terhadap efektivitas KUR dalam meningkatkan profitabilitas. (3) Menganalisis tingkat profitabilitas UMKM dengan KUR Mikro. (4) Menganalisis tingkat profitabilitas UMKM dengan KUR Ritel.(5) Menganalisis tingkat profitabilitas UMKM secara simultan dengan KUR Mikro dan KUR Ritel. Hasil penelitian, (1) Tidak adanya hubungan antara profitabilitas dengan pengalaman enterpreneur mengelola usaha kecil, karena pengalaman tidak meningkatkan kompetensi inovasi seorang enterpreneur. (2) Hasi memenujukan konsistensi hubungan antara size atau skala usaha dengan profitabilitas. (3) Diketahui nilai signifikansi sebesar 0,903 > 0,05 dapat disimpulkan bahwa KUR Mikro  tidak berpengaruh terhadap Profitabilitas UMKM di Kabupaten Parigi Moutong. (4) Diketahui nilai signifikansi sebesar 0,039 < 0,05 sehinga disimpulkan bahwa KUR Ritel  berpengaruh terhadap Profitabilitas UMKM di Kabupaten Parigi Moutong. (5) Diketahui nilai signifikansi sebesar 0,106 > 0,05 dapat disimpulkan bahwa Dana KUR tidak berpengaruh terhadap Profitabilitas UMKM di Kabupaten Parigi Moutong.
ANALISIS PERPUTARAN MODAL KERJA DAN PENGARUHNYA TERHADAP SISA HASIL USAHA (SHU) PADA KOPERASI PEGAWAI NEGERI REPUBLIK INDONESIA (KPNRI) DI KOTA PALU Yani Lestari; Muhammad Yunus Kasim; Husnah Husnah
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT) Vol 2, No 2 (2016): Jurnal Ilmu Manajemen Universitas Tadulako
Publisher : Universitas Tadulako

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (258.149 KB) | DOI: 10.22487/jimut.v2i2.51

Abstract

This study proves the influence of working capital turnover (turnover of cash, accounts receivable turnover, inventory turnover) on net income (SHU) at the Civil Servants Cooperative of Republic of Indonesia (KPNRI) in Palu in 2011-2014. The data in this study is time series data in the form of financial statements, which consist of data on the balance sheet and profit/loss or SHU in four consecutive years of 2011-2014 of KPNRI in Palu City. Research sample is 12 cooperatives selected with purposive sampling technique. Model of analysis is multiple linear regressions analysis. The research proves that rotation of working capital includes cash turnover, accounts receivable turnover, inventory turnover simultaneously have significant influence on the SHU with f-value of 5.951 and significance level of 0.002 <α 0.05. Partially, cash turnover positively has significant influence on SHU with t-value of 2.184 with a significant value of 0.034 <α 0.05, receivable turnover has non- significant influence on the SHU with t-value of 2.595 with significance value of 0.180> α of 0.05, inventory turnover significantly has negative influence on SHU with t-value of -2.650 and significance value of 0.004 <α 0.05. Penelitian ini bertujuan untuk membuktikan pengaruh perputaran modal kerja (perputaran kas, perputaran piutang,perputaran persediaan) terhadap sisa hasil usaha (SHU) pada Koperasi Pegawai Negeri Republik Indonesia (KPNRI) di Kota Palu dengan periode penelitian 2011-2014. Data pada penelitian ini adalah data time series berupa laporan keuangan yang terdiri dari data-data pada neraca dan laporan laba/rugi atau SHU selama empat tahun berturut-turut (2011-2014) dari KPNRI Di Kota Palu. Sampel penelitian sebanyak 12 dengan teknik pengambilan sampel menggunakan purposive sampling. Model analisis yang digunakan untuk menjawab hipotesis adalah alat analisis regresi linear berganda. Hasil penelitian membuktikan bahwa secara simultan perputaran modal kerja yaitu perputaran kas, perputaran piutang,perputaran persediaan berpengaruh signifikan terhadap SHU dengan nilai Fhitung sebesar 5.951, dengan tingkat signifikan sebesar 0,002 < α 0,05. Secara parsial perputaran kas berpengaruh signifikan positif terhadap SHU dengan nilai t hitung sebesar 2.184 dengan nilai signifikansi sebesar 0,034 < α 0,05, perputaran piutang tidak berpengaruh signifikan terhadap SHU dengan nilai t hitung sebesar 2.595 dengan nilai signifikansi sebesar 0,180 > α 0,05, perputaran persediaan berpengaruh signifikan negatif terhadap SHU dengan nilai t hitung sebesar - 2,650 dengan nilai signifikansi sebesar 0,004 < α 0,05.
ANASLISIS KINERJA KEUANGAN DAN KEMANDIRIAN DAERAH KABUPATEN MOROWALI Sitti Khalilah Yusuf; Muslimin Muslimin; Husnah Husnah
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT) Vol 1, No 3 (2015): Jurnal Ilmu Manajemen Universitas Tadulako
Publisher : Universitas Tadulako

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (332.528 KB) | DOI: 10.22487/jimut.v1i3.34

Abstract

Analysis  of  Financial  Performance  and  Regional  Independence  of  Morowali  District.  In  the implementation of regional autonomy, the district government is required to be able to finance its own governance. This  indicates  that  local  governments  have  greater  responsibilities  in managing  their finances  and  increasing  their  level  of  regional autonomy.  In  this  regard,  it  is  necessary  to  conduct performance appraisal  and  financial  capacity  of  local  government  to  know  the development  of financial  management  every  year.  This  research  uses descriptive  quantitative  research  type  using ratio  analysis  tool.  The results  of  the  analysis  show  that  the  Financial  Performance  of Morowali District Government  is  seen  from  (1)  Effectiveness  Ratio  of PAD  effectiveness  of  financial performance  of  Morowali  Regency  can be  categorized  as  Not  Effective  (2)  Ratio  of  Financial Efficiency  of Region  can  categorize  Less  Efficient  (3)  Economic  Ratio  can  be categorized economically  (4)  Regional  Financial  Independence  can  be  said  to  be  very  low  with  an  instructive relationship pattern. Analisis  Kinerja  Keuangan  dan  Kemandirian  Daerah Kabupaten Morowali.  Dalam  pelaksanaan otonomi  daerah,  pemerintah  Kabupaten  dituntut  untuk  mampu  membiayai  sendiri  penyelenggaraan pemerintahan.  Hal  ini  menandakan  pemerintah  daerah  memiliki tanggung  jawab  lebih  besar  dalam mengelola  keuangan  serta meningkatkan  tingkat  kemandirian  daerahnya.  Sehubungan  hal  itu perlu dilakukan  penilaian  kinerja  serta  kemampuan  keuangan pemerintah  daerah  untuk  mengetahui perkembangan  pengelolaan keuangan  setiap  tahun.  Penelitian  ini  menggunakan  jenis  penelitian deskriptif  kuantitatif  dengan  menggunakan  alat  analisis  rasio.  Hasil analisis  menunjukkan  bahwa Kinerja  Keuangan  Pemerintah  Daerah Kabupaten  Morowali  dilihat  dari  (1)  Rasio  Efektivitas  PAD efektivitas kinerja  keuangan  Kabupaten  Morowali  dapat  dikategorikan  Tidak Efektif (2)  Rasio Efisiensi Keuangan Daerah dapat kategorikan Kurang Efisien (3) Rasio Ekonomis dapat dikategorikan ekonomis (4) Rasio Kemandirian Keuangan Daerah dapat dikatakan tergolong sangat rendah dengan pola hubungan instruktif.
PENGARUH LIKUIDITAS, LEVERAGE, DAN PROFITABILITAS TERHADAP HARGA SAHAM INDUSTRI MAKANAN DAN MINUMAN DI BEI Alfrida Rianisari; Husnah Husnah; Cici Riyanti K Bidin
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT) Vol 4, No 2 (2018): Jurnal Ilmu Manajemen Universitas Tadulako
Publisher : Universitas Tadulako

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (310.982 KB) | DOI: 10.22487/jimut.v4i2.112

Abstract

This study aims to determine the effect of simultaneous liquidity, leverage and profitability to stock prices and the partial influence of liquidity, leverage and profitability to stock prices in food and beverage industry listed on Indonesia Stock Exchange (IDX). This study uses the entire food and beverage industry population listed in Indonesia Stock Exchange (IDX) in 2012 until 2016 as many as 16 companies. Sampling is done by purposive sampling. The sample used in this study as many as 11 companies listed on the Indonesia Stock Exchange (IDX). Data analysis method used is panel data regression analysis using EViews 9 program. The results stated that during the period 2012-2016 (1) simultaneously liquidity, leverage and profitability have an effect on signifikan to stock price in food and beverage industry which listed in Indonesia Stock Exchange (IDX), (2) liquidity has a positive and significant effect on stock price, (3) leverage have positive and insignificant effect to stock price, (4) profitability has a positive and significant effect on stock prices in food and beverage industry listed in Indonesia Stock Exchange (IDX). Penelitian ini bertujuan untuk mengetahui pengaruh simultan likuiditas, leverage dan profitabilitas terhadap harga saham dan pengaruh parsial likuiditas, leverage dan profitabilitas terhadap harga saham pada industri makanan dan minuman yang terdaftar di Bursa Efek Indonesia (BEI). Penelitian ini menggunakan populasi seluruh industri makanan dan minuman yang terdaftar di Bursa Efek Indonesia (BEI) pada tahun 2012 sampai dengan 2016 sebanyak 16 perusahaan. Pengambilan sampel dilakukan dengan purposive sampling. Sampel yang digunakan dalam penelitian ini sebanyak 11 perusahaan yang terdaftar di Bursa Efek Indonesia (BEI). Metode analisis data yang digunakan adalah analisis regresi data panel dengan menggunakan program EViews 9. Hasil penelitian menyatakan bahwa selama periode 2012-2016 (1) secara simultan likuiditas, leverage dan profitabilitas berpengaruh signifikan terhadap harga saham pada industri makanan dan minuman yang terdaftar di Bursa Efek Indinesia (BEI), (2) likuiditas berpengaruh positif dan signifikan terhadap harga saham, (3) leverage berpengaruh positif dan tidak signifikan terhadap harga saham, (4) profitabilitas berpengaruh positif dan signifikan terhadap harga saham pada industri makanan dan minuman yang terdaftar di Bursa  Efek Indinesia (BEI).
PENGARUH PERPUTARAN PERSEDIAAN, PERPUTARAN PIUTANG, DAN PERPUTARAN KAS, TERHADAP PROFITABILITAS PADA INDUSTRI RETAIL DI BURSA EFEK INDONESIA Dedy Septiady; Yunus Kasim; Husnah Husnah
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT) Vol 5, No 1 (2019): Jurnal Ilmu Manajemen Universitas Tadulako
Publisher : Universitas Tadulako

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (505.499 KB) | DOI: 10.22487/jimut.v5i1.135

Abstract

The purpose of this study is to know and analyze simultaneous and partial influences of variables inventory turnover, receivable turnover, and cash turnover on profitability in the Retail industry listed on the Indonesia Stock Exchange. This research is a quantitative descriptive research. The sample in this research is 10 companies in the retail industry listed on the Indonesia Stock Exchange with a research period of 5 years, from 2012 to 2016. This research method uses panel data regression with fixed effect model. Research result, inventory turnover has a significant effect on profitability, know and analyze receivable turnover significant effect on profitability, as well know and analyze cash turnover have a significant effect on profitability simultaneously and partially. Variable inventory turnover, receivable turnover, and cash turnover simultaneously have a significant influence on profitability with an Adjusted R-Squared value of 0.834997 that means cash turnover, inventory turnover, and receivable turnover amount 83% and the remaining 17% is influenced by other variables that are not examined. In partial variable cash turnover no significant effect on profitability with a value of significance 0,84 > 0,05 while inventory turnover and receivable turnover significant effect on profitability with value 0,007 < 0,05 and 0,002 < 0,05. Tujuan penelitian ini adalah untuk mengetahui dan menganalisis pengaruh serempak dan parsial variabel perputaran persediaan, perputaran piutang, dan perputaran kas terhadap profitabilitas pada industri Retail yang  terdaftar di Bursa Efek Indonesia. Penelitian ini merupakan penelitian deksriptif yang bersifat kuantitatif. Sampel dalam penelitian ini sebanyak 10 perusahaan pada industri retail yang  terdaftar di Bursa Efek Indonesia dengan periode penelitian selama 5 tahun, mulai tahun 2012 hingga 2016. Metode penelitian ini menggunakan regresi data panel dengan model fixed effect. Hasil Penelitian, perputaran persediaan berpengaruh signifikan terhadap profitabilitas, mengetahui dan menganalisis perputaran piutang berpengaruh signifikan terhadap profitabilitas, dan mengetahui dan menganalisis perputaran kas berpengaruh signifikan terhadap profitabilitas secara serempak dan parsial. Variabel perputaran persediaan, perputaran piutang, dan perputaran kas secara serempak memiliki pengaruh yang signifikan terhadap profitabilitas dengan nilai Ajusted R-Squared sebesar 0.834997 artinya bahwa perputaran kas, perputaran persediaan, dan perputaran piutang sebesar 83% dan sisanya sebesar 17% dipengaruhi oleh variabel lain yang tidak diteliti. Secara parsial variabel perputaran kas tidak berpengaruh signifikan terhadap profitabilitas dengan nilai signifikansi 0,84 > 0,05 sedangkan perputaran persediaan dan perputaran piutang berpengaruh signifikan terhadap profitabilitas dengan nilai 0,007 < 0,05 dan 0,002 < 0,05.
ANALISIS PENERIMAAN PAJAK HOTEL TERHADAP PENINGKATAN PENDAPATAN PAJAK DAERAH DI KOTA PALU Rizki Rafyuman R Massi Muhammad; Muhammad Faisal; Husnah Husnah
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT) Vol 2, No 2 (2016): Jurnal Ilmu Manajemen Universitas Tadulako
Publisher : Universitas Tadulako

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (246.604 KB) | DOI: 10.22487/jimut.v2i2.52

Abstract

This study aims to analyze the level of growth, efficiency, effectiveness, and contribution of the hotel tax on the local tax in Palu. The data used in this study is primary and secondary tax data from 2010 until 2014. The research is conducted at the Department of Local Revenue, Finance, and Asset Management (DPPKAD) of Palu. The analytical tool used is the analysis of the growth, efficiency analysis, analysis of effectiveness, and analysis contributions. The results suggest that the growth of tax collection in Palu City is 52.73% the percentage seems to increase but the percentage fluctuates. Tax collection in Palu City in the period of 2010-2014 is very effective, which is proved that the hotel tax realization can be achieved over 100% with the level of effectiveness of 133.05%. The efficiency rate of the hotel tax is very efficient with the efficiency rate of 0.05 or 5%. Hotel tax contribution on the local tax of Palu City in 2010-2014 is 8.16%, which means that the local tax revenue of 8.61% in Palu, comes from the hotel tax. Penelitian ini bertujuan untuk menguji tingkat pertumbuhan, efisiensi, efektifitas dan kontribusi pajak hotel terhadap pajak daerah di Kota Palu. Data yang digunakan dalam penelitian ini adalah data primer dan sekunder dengan periode yang di analisis dari tahun 2010 sampai tahun 2014. Penelitian ini dilakukan di Dinas Pendapatan, Pengelolaan Keuangan dan Aset Daerah (DPPKAD) Kota Palu. Alat analisis yang digunakan adalah analisis pertumbuhan, analisis efisiensi, analisis efektifitas, dan analiasis kontribusi. Hasil penelitian memberikan gambaran bahwa pertumbuhan pemungutan pajak hotel di Kota Palu sebesar 52,73%. Secara riil terlihat meningkat, akan tetapi secara presentase berfluktuasi. Pemungutan pajak hotel di Kota Palu dalam kurun waktu tahun 2010-2014 menunjukan sangat efektif, hal ini terlihat bahwa realisasi pajak hotel dapat dicapai diatas 100% dengan tingkat efektifitas sebesar 133,05%. Tingkat efisiensi pajak hotel diakatakan sangat efisien dari tahun-ketahun dengan tingkat efisiensi pajak hotel sebesar 0,05 atau 5%. Kontribusi pajak hotel terhadap pajak daerah kota palu dari tahun 2010-2014 sebesar 8,16%, ini berarti pendapatan pajak daerah Kota Palu sebesar 8,61% berasal dari pajak hotel.
ANALISIS KINERJA KEUANGAN PT. PLN (PERSERO) INDONESIA PERIODE 2011-2015 Ita Purnama Sari; Husnah Husnah; Vitayanti Fattah
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT) Vol 2, No 1 (2016): Jurnal Ilmu Manajemen Universitas Tadulako
Publisher : Universitas Tadulako

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (599.736 KB) | DOI: 10.22487/jimut.v2i1.43

Abstract

The purpose of the research is to analyze the financial performance and financial health of PT. PLN (Persero) Indonesia in 2011- 2015 based on the Decree of the Ministry of State-Owned Enterprises No: KEP-100/MBU/2002 on company’s health assessment on eight indicators: ROE, ROI, Current Ratio, Cash Ratio, Collection Period, Inventories, Total Assets Turn Over, and Total Ratio of Own Capital to Total Assets and Trend Analysis. The result shows that the financial performance of the liquidity ratio indicates that the company has not fully settled its current debt by using cash and guarantee the current debt with current assets. Profitability ratio shows the company's financial performance has not fully generate profit by using its own capital and company assets. Leverage ratio shows that the company is able to finance the assets with its own capital and at the ratio of activity indicates that the company has been optimal in using the receivables and inventory to generate revenue but the total rotation of assets not yet optimal used to generate income. Therefore, the health assessment on the financial aspects of PT. PLN (Persero) Indonesia in the period of 2011-2015is predicated less healthy. Tujuan penelitian yakni menganalisis kinerja keuangan dan tingkat kesehatan keuangan PT. PLN (persero) Indonesia tahun 2011-015 berdasarkan Keputusan Menteri BUMN No: KEP- 100/MBU/2002 tentang penilaian kesehatan dengan menggunakan delapan indikator yaitu ROE, ROI, Current Ratio, Cash Ratio, Collection Period, Perputaran Persediaan, Total Asset Turn Over, dan Rasio Total Modal Sendiri terhadap Total Aktiva dan Analisis Trend. Hasil penelitian menunjukkan kinerja keuangan dari rasio likuiditas menunjukkan belum sepenuhnya perusahaan melunasi utang lancarnya dengan menggunakan kas dan menjamin utang lancar dengan aset lancar yang dimiliki.Rasio profitabilitas menunjukkan kinerja keuangan perusahaan belum sepenuhnya menghasilkan laba dengan mengunakan modal sendiri dan aktiva perusahaan. Pada rasio leverage menunjukkan bahwa perusahaan mampu membiayai aset dengan modal sendiri dan pada rasio aktivitas menunjukkan bahwa perusahaan sudah optimal dalam menggunakan piutang dan persediaan untuk menghasilkan pendapatan namun pada perputaran total aset belum optimal digunakan untuk menghasilkan pendapatan. Oleh karena itu, untuk penilaian kesehatan pada aspek keuangan PT. PLN (persero) Indonesia periode 2011-2015 mendapatkan predikat kurang sehat.
Investigating the Differences of Small Enterprise supply chain managements toward Financial Performance: The Influence of an Enterprise Supply Chain Management Strategy Husnah Husnah; Sari Wahyuni
International Journal of Supply Chain Management Vol 9, No 6 (2020): International Journal of Supply Chain Management (IJSCM)
Publisher : International Journal of Supply Chain Management

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The purpose of this study is to critically analyse the impact of demographic characteristics and the way investors choose risk (tolerance) toward financial performance as exemplary for the integrity of enterprise supply chain management upgrading strategies. The demographic characteristics of Micro Small Medium Enterprise supply chain managements (MSME) are assessed, which consist of the type of business, gender, age of owner, age of business, education, and experience. Risk tolerance is measured by assessing the choices of risk averters, risk neutrals, and risk seekers. This study is based on 579 questionnaires filled in by the owners or managers of MSMEs that obtain credit financing from banks in Central Sulawesi, Indonesia (Kota Palu, Sigi, Banggai, Donggala, Morowali, Parigi Moutong, and Poso). The results of this study show the demographic characteristics of the types of trading businesses that are risk seekers, which proved to be the highest type of business that can maximize their financial performance. Notably, males were shown to prefer being risk averse, compared to the majority of female respondents who were mostly risk seekers. Resultingly, many women have high financial performance due to being risk seekers compared to men. Both young and elderly entrepreneurs are more risk averse. The age of the business is still categorised at the stage of business development, it has not been proven to have a significant relationship to risk tolerance and financial performance. Moreover, this study reveals that education apparently has no significant relationship in choosing risk. Education also has no significant relationship to the achievement of financial performance. Experience is suggested to be the key that determines risk tolerance choices and the main determinants of achieving optimal financial performance. This study proves the behavior of MSME investors in choosing risk (risk tolerance) makes a difference in achieving MSME financial performance. Contrastingly exemplified by the higher the risk chosen, the higher the financial performance is received by MSMEs. The integrity of demographic characteristics, risk tolerance and financial performance is a breakthrough for MSMEs to nurture upgrades as an enterprise supply chain management upgrading strategy.