BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi


Factors Affecting Performance and Growth of Food Sector BUMD Jakarta Province

Siahaan, Henry MP (Unknown)
Priyarsono, Dominicus Savio (Unknown)
Rifin, Amzul (Unknown)
Arifin, Bustanul (Unknown)



Article Info

Publish Date
02 Jun 2021

Abstract

Through a quantitative approach to data analysis using SEM-PLS, this research aims to identify factors that can improve the performance and growth of the food sector BUMD of DKI Jakarta Province. This research was motivated based on the fact that most BUMDs in Indonesia underperform with various causes. Total respondents were 98 employees from middle to top level management positions in three food BUMDs in DKI Jakarta. The main findings of this research are 12 indicators (inner model) which are divided into five variables in the measurement model (outer model): management, organization, human resources, finance and technology that have a significant relationship and positive effect on all variables. While of the five variables used in the structural model, only financial variable has a significant effect on the performance of BUMD businesses. While the variables of performance improvement of management, organization, human resources and technology do not significantly improve the performance of BUMD businesses. Going forward, companies and the DKI Jakarta Provincial Government can focus on evaluating and improving the growth capital structure and business volume. The company's increased profitability will provide a multiplier effect on increasing the performance and growth of BUMD businesses.

Copyrights © 2021






Journal Info

Abbrev

publication:jbb

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

The scope includes but is not limited to: public policy, administrative reform, local government studies, public and private governance, digital governance and business, digital finance, innovation, entrepreneurship, small businesses, people and culture in organization, knowledge management, ...