Measuring The Efficiency of Pesantren Cooperatives: Evidence in Indonesia (original) (raw)
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Measuring the efficiency of Pesantren cooperatives, Evidence in Indonesia.pdf
Global Review of Islamic Economics and Business, 2018
The Cooperative (Koperasi) as a non-Bank financial institution has the purpose of improving the welfare of its members as Koperasi Hidmat and the staffs of Latifah Mubarokiyah Koperasi Ponses Suryalaya that have been since decades ago. Over time, the ideal cooperative can show a significant development and increase the welfare of its members. This study aims to determine the efficiency of cooperative as a benchmark, because by known the performance value of a cooperation, it will known the weeknesses and advantages so that it can be improved the weaknesses and maintain the advantages.The method used is apply Data Envelopment Analysis (DEA). Inputs used from principal savings, mandatory savings, and fixed assets while the output used from savings in the cooperative, savings in other cooperative and SHU. As for result of this research indicates there are 9 perfect efficient DMUs (100 %) and inefficient DMU is 11 DMUs, consisting of 7 (IRS conditions) and 4 (DRS condition). The most inefficient cooperative is Koperasi Hidmat (2014) of 30.66% efficiency level.Kopkar IAILM is able to maintain its grade efficiency level from 2009 to 2015 when compared to other DMUs cooperatives in the observation, except in 2014. The calculation of efficiency level in this research is relative and it is not absolute, so that it is possible when the cooperative sample is added or the observation year is expanded, so it will get different result. The necessity of any cooperative or BMT based on Pondok Pesantren to make annual financial statements in order to increase accountability and transparency of fund management.
The Efficiency of Pesantren Cooperative using Data Envelopment Analysis (DEA): A Case in Indonesia
SMART Insight The Economic Review of Pesantren
The purpose of this research is to analyze the level of efficiency of Islamic boarding schools cooperatives as well as potential improvements needed, and to compare the efficiency of Islamic boarding schools cooperatives. In addition, this research also looks at the efficiency of Islamic boarding school cooperatives during the Covid-19 pandemic. The research period used in this research is from 2014-2021 with a research sample of 2 Islamic boarding schools cooperatives. The analytical method used is a non-parametric approach, namely Data Envelopment Analysis (DEA), with secondary data sources originating from the financial reports of Islamic boarding schools cooperatives as the research sample. Furthermore, the input variables used are fixed assets, mandatory savings and principal savings. The output variable consists of SHU and deposits in other bodies. The results of this study indicate that the efficiency of Islamic boarding school cooperatives during the 2014-2021 period has flu...
Efficiency of Saving and Credit Cooperative Units in North Aceh, Indonesia
SIGNIFIKAN: Jurnal Ilmu Ekonomi, 2016
The purpose of this study is to measure and analyze the relative efficiency of saving and credit cooperative units in North Aceh, Indonesia. In this study, the selection of inputs and outputs to be analyzed by the Data Envelopment Analysis (DEA) was selected using the intermediation approach. The results showed that the overall saving and credit cooperative units in North Aceh, Indonesia have not operated fully efficient. This is indicated by the average of value of Malmquist Productivity Index which was still below one, but individually the study found that some cooperatives have operated efficiently, such as cooperative employee of PT Pupuk Iskandar Muda (Persero), KPN Kopebun, KPN Citra Guru, KPN Tunas and Kopbun Cut Mutia. These findings implied that more serious efforts should be made by the saving and credit cooperative units in North Aceh, Indonesia to improve the cooperative management efficiency levels by managing their capital and assets professionally. DOI: 10.15408/sjie....
East Java Economic Journal, 2019
The purpose of this research is to assess the level of technical efficiency of the Savings and Loans Cooperative (KSP) in Gresik, Bangkalan, Mojokerto, Surabaya, Sidoarjo, and Lamongan (Gerbangkertasusila), Indonesia, and to identify the factors that influence the level of technical efficiency of the Savings and Loans Cooperative in Gerbangkertasusila. Two Stage Analysis that used are Data Envelopment Analysis and Tobit regression. Variables are used in the DEA as output, specifically the remainder of the cooperative’s business (SHU), whereas input includes the number of members, own capital, number of employees, and business volume. The second stage involves analyzing the determinants of technical efficiency using Tobit regression, with the independent variables being cooperative age, external capital, assets, and managers. The results showed that the average level of technical efficiency of the KSP was 60.4 percent, with 16 KSP being the most efficient. Meanwhile, the Tobit regres...
Cooperatives are organizations that are formed jointly by members to meet their economic needs and interests. The role of cooperatives is to increase the socioeconomic status of the members as well as eliminate poverty problems. Nevertheless, the performance of cooperatives in Malaysia in terms of turnover is still low compared to the other countries. This will be a cause for concern because inadequacies of financial decisions lead to the failure of cooperatives. Hence, this study aims to evaluate the financial performance and efficiency of cooperatives in Malaysia. This study applies Ratio Analysis to evaluate the financial performance of the cooperatives. Data Envelopment Analysis (DEA) was also employed in this study to determine the efficiency scores of cooperatives over the period 2010 to 2017. DEA results obtained that inefficiency of managerial performance leads to the inefficiency of the overall technical efficiency. The study recommends that the management of cooperatives in Malaysia should enhance their managerial performance because pure technical efficiency was found to contribute less to overall technical efficiency.
Benchmarking the Efficiency of Indonesian Cooperatives
This paper aims to introduce an alternative way to benchmark the efficiency of 30 Indonesian cooperatives at the provincial level from 2000 to 2007. A balanced panel data was used to determine the total factor productivity (TFP) and identify the main drivers to technical efficiency. A stochastic frontier analysis (SFA) was used to determine the influence of environmental variable such locations to technical efficiency of the cooperatives. Furthermore, based on this specification the efficiency frontiers are computed using data envelopment analysis (DEA). The efficiency of each cooperative was then ranked and compared to check for consistency. The study found that on average, cooperatives are 19.4 percent away from the production frontier. The panel data allows for the calculation of productivity change based on Malmquist index. Results found that on average, TFP increased by 8 percent during the observation periods which driven much by 13.6 percent increased in innovation.
International Journal of Cooperative Studies, 2013
Saving and Credit Cooperatives (SACCOs) have been playing a distinct and important role in rural areas of Ethiopia in terms of outreach, volume of operation and the purpose they serve. The performance of rural financial cooperatives in the mobilization of savings and provision of credit has been inadequate. Therefore, greater degrees of efficiency among rural SACCOs would result in greater access to finance, higher profitability and increased financial services to rural people. In this study we apply the Data Envelopment Analysis (DEA) method to evaluate the relative efficiency of SACCOs in Tigrai region of Ethiopia. Data were collected from 329 rural SACCOs during the year 2012. The result showed that the extent of technical efficiency varies across geographical location and scale size of the cooperatives. From the total of 329 SACCOs, compared to their respective peers, only 18 (5.5%) were identified as relatively efficient with the maximum efficiency score of one. The remaining SACCOs were found to be relatively inefficient with efficiency score of less than one. The average efficiency was 21.3% which indicates that there is substantial amount of inefficiency among rural SACCOs in the study area. Technical efficiency was high for larger SACCOs. In terms of geographical location, the highest mean efficiency has been observed in southern and western zones of the region with a mean score of 0.276 and 0.259 respectively. The most interesting aspect of this study was that most of the efficient rural SACCOs are the ones that received reward from the regional government for their best performance, during the year 2012.
IAEME PUBLICATION, 2019
Agriculture being the primary sector of Indian economy now a day's drawn more attention and emphasised has given for the overall development. Efficient credit facilities are essential for the improvement of this sector. Cooperative bank play a vital role in providing the forward as well as backward linkage of agricultural credit to be routed. The study focused to measure the efficiency of District Cooperative banks of Odisha using DEA approach. The efficiency score are calculated under BCC Mode of DEA which is based on the assumption of variable return to scale and DCCBS are ranked accordingly. The findings indicated that majority of DCCB's are efficient where as others found to be inefficient.
Examining the Efficiency of Co-operatives in Malaysia: An Application of DEA
The study examines the technical efficiency, pure technical efficiency, and scale efficiency of cooperatives in Malaysia. Data of cooperatives listed in 100 best Malaysian cooperatives from 2010 to 2017 was analyzed. To construct the efficiency model for the cooperatives , this study employed Data Envelopment Analysis (DEA). In DEA, one input (total assets) and two outputs (net income and dividend) were utilized. The results indicate that Malaysian cooperatives exhibited 62.3% overall technical efficiency during the study period where scale efficiency dominated the overall technical efficiency. Hence, we can suggest that Malaysian cooperatives had been performing better because of the scale of its operation instead of good managerial performance. The result also shows that most cooperatives were operating at non-CRS so that cooperatives need to make improvement in order to recover overall efficiency if pure technical inefficiency lead to the pure technical inefficient cooperatives could be undertaken. The result also demonstrates that scale efficiency (SE) dominated pure technical efficiency (PTE), which means that the scale and size of cooperatives are significant in raising the level of scale efficiency. The management of cooperatives in Malaysia should enhance their managerial performance because the PTE was found to contribute less to overall technical efficiency (OTE).
Journal of International Cooperation and Development, 2021
Savings and loan cooperatives play an important role in the Indonesian economy as they also contribute to providing capital in the local market. This study examines the efficiency of savings and loan cooperatives in terms of number of members, total capital and operating costs and their effects on profits, total assets, disbursed loans and debt repayments. Two types of savings and loan cooperatives studied are savings and loan cooperatives owned by government employees and savings and loan cooperatives owned by the general public (community owned). The efficiency of these two types of cooperatives is studied separately and comparatively using the parametric Stochastic Frontier Analysis (SFA) method. and the research involved a total of 22 cooperatives from five areas in Jakarta. The results of the study used the SFA method and found that the average efficiency of community-owned cooperatives was greater than cooperatives owned by government employees. Received: 9 May 2021 / Accept...