Determinant factors of BUM Desa (village-owned enterprises) performance in Indonesia: a partial least squares structural equation models approach
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F02819180%3A_____%2F25%3A%230000140" target="_blank" >RIV/02819180:_____/25:#0000140 - isvavai.cz</a>
Result on the web
<a href="https://www.tandfonline.com/doi/full/10.1080/23311975.2025.2580028#abstract" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/23311975.2025.2580028#abstract</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/23311975.2025.2580028" target="_blank" >10.1080/23311975.2025.2580028</a>
Alternative languages
Result language
angličtina
Original language name
Determinant factors of BUM Desa (village-owned enterprises) performance in Indonesia: a partial least squares structural equation models approach
Original language description
A significant challenge to sustainable growth in Indonesia is the disparity between urban and rural development. While urban areas continue to expand, rural regions require specific interventions to progress. To harness this potential, the Indonesian government has implemented strategic measures by establishing Village-Owned Enterprises (BUM Desa). This study identifies key factors influencing BUM Desa performance across two districts, Klaten Regency in Central Java Province and Penajam Paser Utara Regency in East Kalimantan Province, with contrasting socio-economic conditions and infrastructural availability. Variables, factors, and indicators that are suspected of influencing BUM Desa performance were created through literature searches and expert opinions through FGDs conducted in both districts. PLS-SEM analysis result shows that BUM Desa in both districts is influenced by the same three variables, namely human resources, BUM Desa governance, and capital. The capital variable has the most influence on BUM Desa performance in Klaten Regency, while in Penajam Paser Utara Regency, the BUM Desa governance variable has the most influence. The findings underscore the imperative for village authorities to exhibit a strong institutional commitment to BUM Desa development through the strategic appointment of competent managerial personnel, the provision of adequate financial resources, and the facilitation of its formal legal establishment.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Cogent Business & Management
ISSN
2331-1975
e-ISSN
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Volume of the periodical
12
Issue of the periodical within the volume
1
Country of publishing house
GB - UNITED KINGDOM
Number of pages
20
Pages from-to
1-20
UT code for WoS article
001606897000001
EID of the result in the Scopus database
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