PERFORMANCE OF VILLAGE-OWNED ENTERPRISES TO IMPROVE THE WELFARE OF VILLAGE COMMUNITIES: A CASE STUDY IN VILLAGE-OWNED ENTERPRISES IN WEST BANDUNG REGENCY
Authors/Creators
- 1. Faculty of Business, Accounting Department, General Ahmad Yani University, Cimahi, West java, Indonesia.
Description
Abstract
The purpose of the study is to examine the impact of performance on Village-Owned Enterprises on the original revenue of the village in order to improve the well-being of the village community. Methodology of Study - the sort of research employed is quantitative research. The data utilized were the findings of a questionnaire issued to the management of village-owned businesses and village chiefs in West Bandung Regency, a total of 117 samples. To test hypotheses, data analysis use partial least squares structural equation modeling. Results indicate that the performance of Village-Owned Enterprises has a favorable effect on the income of villages. Original Village Income has a favorable impact on the well-being of the community. The influence of performance on community wellbeing is favorable but insignificant. Through local income, the performance of village-owned businesses has a favorable impact on community welfare. Implications for Practice the research indicates that the presence of Village-Owned Enterprises in West Bandung Regency can boost the village's original income. If the village's initial income raises its contribution, the villagers' welfare will improve.