Performance of MSMEs in Palembang in Era Covid-19

Productivity, Working Capital, Government Policy and performance

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June 27, 2022

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This study aims to determine the impact of Covid-19 on the performance of SMEs Registered at the Palembang Cooperative Service in 2020. The variables used in this study are independent variables in the form of Sales Productivity (X1), Working Capital (X2), Government Policy (X3) and the dependent variable is Performance (Y) by doing partial or simultaneous testing. This study used a questionnaire data collection technique. The population in this study was 140 MSMEs while the sample that was feasible to use was 113. The results of this study using the t-test showed that the value of Sales Productivity (X1) t-count is -2.760 < t-table 1.981 so that Sales Productivity (X1) has no effect on performance (Y). The value of Working Capital (X2) t-count is -0.105 < t-table 1.981 so that Capital (X2) has no effect on performance (Y). The value of Government Policy (X3) t-count is 4.015 > t-table 1.981 so that Government Policy (X3) has an effect on performance (Y). Based on the F-test shows that the independent variables consisting of Sales Productivity (X1), Working Capital (X2), and Government Policy (X3) simultaneously have a significant effect on the dependent variable, namely performance (Y), namely the F-count 8.675 > F- table 2.69 and sig value 0.000 <0.05. Based on the calculation of the R Square Determination Coefficient of 0.193 or 19.3%.