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Profit Sharing Partnership in Beef Cattle Fattening Business (Case Study at Nusa Fauna Company)

Dwi Yuzaria (), Fuad Madarisa and Aldo Marpensa
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Dwi Yuzaria: Universitas Andalas of West Sumatra, Department of Social Economics, Faculty of Animal Husbandry
Fuad Madarisa: Universitas Andalas of West Sumatra, Department of Social Economics, Faculty of Animal Husbandry
Aldo Marpensa: Universitas Andalas of West Sumatra, Department of Social Economics, Faculty of Animal Husbandry

A chapter in Proceedings of the International Conference on Entrepreneurship, Leadership and Business Innovation (ICELBI 2022), 2023, pp 204-215 from Springer

Abstract: Abstract The purpose of this study was to analyze 1) the application of technical aspects at Nusa Fauna Cattle Farming business, 2) the income level of beef cattle farmers with a profit-sharing system between capital owners and farmers, and their contribution to the total income of the Nusa Fauna Cattle Farm business, and 3) the effectiveness of the partnership at Nusa Fauna cattle farming business. The current research was carried out through observation and interviews with the research respondents, including 11 farmers who were partner members of the Nusa Fauna Cattle Farming Business. In this case, samples were obtained through a deliberate sampling technique. Furthermore, research data were analyzed using qualitative descriptive methods, particularly the Pearson correlation test. The results showed that the application of technical aspects was classified as moderate, obtaining a score of 66.15% based on the technical guidelines issued by the Directorate General of Livestock (1992). Furthermore, the contribution of income from the livestock business was 22.58% smaller than the primary income of farmers, which was 77.42%, indicating that the business was classified as a side business. In addition, based on the Pearson correlation test that has been conducted, the partnership implemented in the business has been effective. In this case, the variables that had a positive effect on increasing revenue sequentially are facility support, level of education, livestock experience, attitudes towards partnerships, technical aspects, technological support, and age of the cattle farmers. Meanwhile, income and cosmopolitan variables had a negative and insignificant effect.

Keywords: beef cattle; fattening business; profit sharing partnership; technical aspect (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-350-4_20

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DOI: 10.2991/978-94-6463-350-4_20

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