The effect of family involvement towards firm performance at PT Sari Tani Jaya Sumatera, Medan

Laigusten, Jansen (2021) The effect of family involvement towards firm performance at PT Sari Tani Jaya Sumatera, Medan. Bachelor thesis, Universitas Pelita Harapan.

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Abstract

The purpose of this research aims to investigate the effect of family involvement towards firm performance by using the F-PEC model at PT Sari Tani Jaya Sumatera, Medan. Since there is no clear indication whether family-owned firms perform better than non-family firms, it is important to measure the extent that family involvement has in a firm. Furthermore, various studies have suggested mixed findings, in which there are inconsistencies on the effect of family involvement towards firm performance. The design for this research uses quantitative method. Questionnaires are being distributed to employees and interview is being used for the data collection. The population for this research consists of 72 employees with questionnaires being distributed to 60 employees determined as the sample during the period of January to March 2021, while the pretest is conducted at CV Karya Bersama on 30 other respondents. From the findings, it can be concluded that the family involvement in PT Sari Tani Jaya Sumatera, Medan does have a positive effect towards firm performance, albeit a rather weak one. By using the F-PEC model, the power aspect has the most effect regarding family involvement, although with a very slight difference compared to the experience aspect being the least effect. With that said, it is recommended for the company to increase the experience aspect, in particular the involvement of family members in the business. Aside from that, the company should also focus on other factors affecting firm performance, namely employee performance, market demand, availability of raw materials, sales growth, product quality and operating cost affecting the firm performance. / Penelitian ini bertujuan untuk mengetahui pengaruh keterlibatan keluarga terhadap kinerja perusahaan dengan menggunakan model F-PEC di PT Sari Tani Jaya Sumatera Medan. Karena tidak ada indikasi yang jelas apakah perusahaan milik keluarga berkinerja lebih baik daripada perussahaan non-keluarga, penting untuk mengukur sejauh mana keterlibatan keluarga dalam perusahaan. Selanjutnya, berbagai penelitian telah menyarankan temuan campuran, di mana ada inkonsistensi tentang pengaruh keterlibatan keluarga terhadap kinerja perusahaan. Rancangan penelitian ini menggunakan metode kuantitatif. Kuesioner dibagikan kepada karyawan dan wawancara digunakan untuk pengumpulan data. Populasi dalam penelitian ini berjumlah 72 karyawan dengan penyebaran kuesioner kepada 60 karyawan yang ditetapkan sebagai sampel selama periode Januari sampai Maret 2021. Sedangkan pretest dilakukan di CV Karya Bersama pada 30 responden lainnya. Dari hasil penelitian dapat disimpulkan bahwa keterlibatan keluarga di PT Sari Tani Jaya Sumatera, Medan memang berpengaruh positif terhadap kinerja perusahaan, meskipun agak lemah. Dengan menggunakan model F-PEC, aspek kekuasaan memiliki pengaruh paling besar terhadap keterlibatan keluarga, meskipun dengan perbedaan yang sangat kecil dibandingkan dengan aspek pengalaman yang paling sedikit pengaruhnya. Oleh karena itu, disarankan bagi perusahaan untuk meningkatkan aspek pengalaman, khususnya pelibatan anggota keluarga dalam usaha. Selain itu, perusahaan juga harus fokus pada faktor-faktor lain yang mempengaruhi kinerja perusahaan, yaitu kinerja karyawan, permintaan pasar, ketersediaan bahan baku, pertumbuhan penjualan, kualitas produk dan biaya operasi yang mempengaruhi kinerja perusahaan.

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