Performance of Village-Owned Enterprises and Achievement of Development Goals in Buleleng Bali

Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 11

Abstract

This research was conducted with the aim of knowing the financial performance of the Village Enterprises "Valli Karya Lestari" and the contribution of its performance to achieving the Sustainable Development Goals of Bengkala Village. This research was conducted at Village Enterprises "Valli Karya Lestari" Bengkala Village, Kubutambahan District, Buleleng Regency. The analysis technique used is quantitative and qualitative analysis (mix-method). Based on the results of data analysis, it can be seen that the financial performance of Village Enterprises "Valli Karya Lestari" from the aspects of poor capital, good asset development, business results achieved has decreased, aspects Return On Asset still below standard, and aspects Return On Equity (ROE) has a ratio that is still much lower than the industry standard ratio. Village Enterprises "Valli Karya Lestari" has contributed to 8 programs Village SDGs from18 Village SDGs programs, namely: villages without poverty, healthy and prosperous villages, quality village education, gender equality, villages worthy of clean water and sanitation, jobs and economic growth, village innovation, villages without gaps. Village Enterprises "Valli Karya Lestari" has also contributed to 5 programs Village SDGs it's just not intensive and optimal, namely; villages without hunger, sustainable village settlements, environmentally conscious village consumption and production, Village of peace and justice; partnership to develop villages. Improving financial performance by paying attention to efficiency in the use of assets and own capital. The advice given is to be careful in using external capital because it bears more risk, improving employee performance, exploring village potential together with the village government, increasing village participation capital. coordinate more with the village government in supporting the Village SDGs program.

Authors and Affiliations

I Made Madiarsa, Gede Suardana, Mertyani Sari Dewi, Ni Putu Sri Wati, Desak Ketut Budiasih

Keywords

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  • EP ID EP727886
  • DOI 10.47191/jefms/v6-i11-36
  • Views 48
  • Downloads 0

How To Cite

I Made Madiarsa, Gede Suardana, Mertyani Sari Dewi, Ni Putu Sri Wati, Desak Ketut Budiasih (2023). Performance of Village-Owned Enterprises and Achievement of Development Goals in Buleleng Bali. Journal of Economics, Finance and Management Studies, 6(11), -. https://europub.co.uk/articles/-A-727886