Financial Performance of Sustainable Farmers Cooperative (Koptan) in Bali: Leadership, Organizational Culture, Participation, Budget and TQM

Abstract

This paper deals with financial performance of Koptan include leadership,
participation budget, organizational culture and total quality management (TQM). The
research objective is to determine the effect of non financial factors on financial performance
Koptan. The study was conducted in Bali, with a focus on Koptan business by considering
that the business activity is the driving force in the agribusiness sector of the economy. The
development of this sector will boost the economy of the community so as to create Koptan
sustainability. Samples are 11 Koptan, with the number of respondents of 97 people. Data
analysis technique used PLS. The results of this study indicate that, leadership, participation,
budget and organizational culture positive and significant impact on TQM Koptan, with
the R-square of 0.63. The effect of leadership, participation, budget and organizational
culture positive and significant impact on the financial performance of Koptan, where as
TQM positive and significant impact on the financial performance. It can be concluded that,
firstly; leadership, participation budgets, organizational culture and total quality management
(TQM) positive and significant impact on the financial performance. Secondly, leadership,
participation budgets and organizational culture positive and significant impact on total
quality management (TQM) of Koptan in the region.