ANALYSIS OF THE EFFECT OF FAMILY CONTROL ON THE PROFITABILITY BUSINESS OF FILSYAKHOI BAYAM CRACKERS
DOI:
https://doi.org/10.30595/raar.v4i1.22175Keywords:
Family Control, Business Profitability, Family Business, Culinary BusinessAbstract
Family control has a significant influence on the profitability of a business. In practice, family businesses in the culinary sector show varying results, giving rise to inconsistencies. This research aims to analyze the influence of family control on business profitability at the Filsyakhoi Bayam Crackers company. The influence of family control on business profitability and corporate financial performance has become an important topic in corporate management literature. The object of this research is Filsyakhoi Bayam Crackers, which is a family company in the culinary sector. The method used in this research is a quantitative method using a descriptive verification approach. This research identifies the relationship between family control in the company structure and the level of profitability achieved by the Filsyakhoi Bayam Crackers company. The samples used were family members and the team in the Filsyakhoi Bayam Crackers company who had an important role in the family company. The variables used are family control and business profitability at the Filsyakhoi Bayam Crackers company. The research results show that family control has a significant effect on business profitability. The results of this research provide important insights for company stakeholders and researchers regarding the dynamics between family control and financial performance at Filsyakhoi Bayam Crackers company.
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