Proceedings of the 10th International Conference on Accounting, Management, and Economics (10th ICAME 2025)

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Analysis of Financial Management of the Flying Fish Egg Business at PTSJA, South Sulawesi, Indonesia

Authors
Muhammad Busrol Karim1, *, Nurdjanah Hamid1
1Hasanuddin University, Makassar, Indonesia
*Corresponding author. Email: karimmb24a@student.unhas.ac.id
Corresponding Author
Muhammad Busrol Karim
Available Online 20 June 2026.
DOI
10.2991/978-94-6239-709-5_15How to use a DOI?
Keywords
Financial Management; Flying Fish Egg Business; PTSJA; Fishermen; Partnership
Abstract

This study aims to analyze financial management in the flying fish egg business of PTSJA, which partners with assisted fishermen in the Galesong area, Takalar Regency, South Sulawesi. Flying fish eggs are a high-value export commodity in high demand in international markets, such as Japan, South Korea, and China. PTSJA capitalizes on this opportunity by developing a profit-sharing partnership system with fishermen and managing a fishing fleet of 270 vessels. This study uses a qualitative descriptive approach with a case study method. Data were collected through in-depth interviews, questionnaires, field observations, and a review of the company’s financial documents. The results show that PTSJA’s financial management is effective and profitability-oriented. The company is able to maintain profit margins despite market price fluctuations. The partnership scheme and profit-sharing system implemented not only benefit the company but also improve the welfare of assisted fishermen. However, challenges remain, such as limited digitalization in financial recording and dependence on fishing seasons. Therefore, the development of a more integrated and digital-based financial management system is needed to support operational efficiency and long- term competitiveness. This research contributes to the financial management model for an adaptive and sustainable partnership-based fisheries business.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 10th International Conference on Accounting, Management, and Economics (10th ICAME 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
20 June 2026
ISBN
978-94-6239-709-5
ISSN
2352-5428
DOI
10.2991/978-94-6239-709-5_15How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Muhammad Busrol Karim
AU  - Nurdjanah Hamid
PY  - 2026
DA  - 2026/06/20
TI  - Analysis of Financial Management of the Flying Fish Egg Business at PTSJA, South Sulawesi, Indonesia
BT  - Proceedings of the 10th International Conference on Accounting, Management, and Economics (10th ICAME 2025)
PB  - Atlantis Press
SP  - 200
EP  - 212
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-709-5_15
DO  - 10.2991/978-94-6239-709-5_15
ID  - Karim2026
ER  -