Vol. 3 (2) Dec. 2021

Article ID. JHSSR-1091-2021

Cooperative Business Performance: Quantitative and Qualitative Approaches Related to the Value of Firm

Rima Elya Dasuki and Yenny Wipartini


Micro Finance, Cooperatives, Sharia, Financial Performance, Value of Firm

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While awareness of the benefits of cooperatives has begun to grow in the community, there are about 30% cooperatives that are either not active or deficient in the performance. This condition impacts to the value of the firm. This study aims to determine the relationship between cooperative business performance and the value of the firm. This study used descriptive research methods, with data collected from a sample size of 39 sharia savings and loan cooperatives in West Java.

The results of this research show that the performance of sharia savings and loan cooperatives in West Java is still in the moderate category with an average score of 61.16, where the factor of productive asset quality is the most influential factor in the business performance of cooperatives (49.3%). Value of firm cooperatives in West Java is still showing poor performance, where the average Return of Asset was 6.7%. The performance of business cooperatives’ influence on the value of the firm is 36%. Based on the result it is obligated to perform guidance from the relevant agencies so that the level of risk in the management of cooperatives, especially those related to the quality of earning assets is increased, the efficiency of cooperatives especially those related to business costs need to be managed well so that financial performance can be improved.

DOI: https://doi.org/10.37534/bp.jhssr.2021.v3.n2.id1091.p209