Jurnal Ilmu Sosial dan Humaniora
Vol 12 No 3 (2023)

MSMEs Recovery after the COVID-19 Pandemic through Profit-Sharing System

Taudlikhul Afkar (Universitas PGRI Adi Buana Surabaya)
Fauziyah Fauziyah (Universitas PGRI Adi Buana Surabaya)



Article Info

Publish Date
29 Dec 2023

Abstract

This research aims to analyze the recovery of MSMEs after the COVID-19 pandemic through a profit-sharing system from the perspective of MSMEs actors. The urgency of this research is because the impact of COVID-19 on MSMEs is very significant on the ability to earn profits, so it is necessary to analyze MSMEs' recovery. The research used a quantitative approach with a population of 260,762 MSMEs in Surabaya; 100 samples were taken using an accidental random sampling technique. Data collection techniques use documentation through questionnaires. MSME recovery is an endogenous variable, the principle of profit-sharing distribution is a mediating variable, and the profit-sharing system (musharakah contract) is an exogenous variable. The data analysis technique used is Partial Least Square (PLS). The research findings show that MSME recovery can be carried out using a profit-sharing system with musharakah contract and mediated by the principle of profit-sharing distribution. The existence of a profit-sharing system carried out with musharakah contract can give confidence to MSME actors to collaborate with sharia financial institutions where there is profit-sharing based on an agreement. If losses occur, they are borne together based on the portion of capital paid in.

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Journal Info

Abbrev

JISH

Publisher

Subject

Humanities Social Sciences

Description

Jurnal Ilmu Sosial dan Humaniora (JISH) is a journal that uses a double-blind peer review model that can be accessed online. The purpose of JISH is to publish a journal containing quality articles that will be able to contribute thoughts from a theoretical and empirical perspective in society and ...