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The evaluative survey of the development of financial performances of cooperatives and micro small and medium enterprises in Riau, Indonesia

Author

Listed:
  • Alvi Furwanti Alwie
  • Susi Hendriani
  • Yulia Efni
  • Rosnelly Roesdi

Abstract

This study aims for the purpose of identifying methods of surveying, observation, and evaluation of the financial performance of cooperatives and SMEs, guidelines on the database, data processing and approaches of analysis. The research analysis is descriptive-quantitative method using SWOT analysis. Results of research founds that the financial performance of the cooperative aspect of equity, foreign capital aspect, aspect business volume and aspects of operating results had poor performance and needs revamping. The financial performance of the cooperatives in the self-owned capital aspect is in poor performance and needs to improve since the increase in self-owned capital was not followed by the increase in surplus (SHU) and highly needs to improve since when the business volume increased, the surplus (SHU) decreased. There has never been a previous study conducted on MSME in Riau Province using SWOT analysis, thereby it became the location of origin for this study.

Suggested Citation

  • Alvi Furwanti Alwie & Susi Hendriani & Yulia Efni & Rosnelly Roesdi, 2023. "The evaluative survey of the development of financial performances of cooperatives and micro small and medium enterprises in Riau, Indonesia," International Journal of Business Excellence, Inderscience Enterprises Ltd, vol. 29(1), pages 31-45.
    • Handle: RePEc:ids:ijbexc:v:29:y:2023:i:1:p:31-45
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