Exploring The Fishermen’s Profit Sharing System In Terengganu
Fishermen’s income basically depends on the wages of their efforts while the portion depends on the system set out by mutual agreement between the workers and employers called the profit sharing system. However, profit sharing was said to be an unfair system that exploits the workers yet the syst...
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| Main Author: | |
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| Format: | Thesis |
| Language: | English |
| Published: |
Universiti Malaysia Terengganu
2022
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| Subjects: | |
| Online Access: | http://umt-ir.umt.edu.my:8080/handle/123456789/17142 |
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| Summary: | Fishermen’s income basically depends on the wages of their efforts while the portion
depends on the system set out by mutual agreement between the workers and employers
called the profit sharing system. However, profit sharing was said to be an unfair system
that exploits the workers yet the system survived till today besides being said as one of
the factors that cause income inequality among fishermen and the reason why there are
rich and poor fishermen. This research aimed to study the patterns of profit sharing
system between the crews or workers and the ship owner or employers and inequality
relating to the system besides analysing the profit generated by fishermen in Kuala
Marang and Seberang Takir as well as to find the factors that influenced the fishermen’s
profit. Research was carried out from March to May 2017 in the areas of Kuala Marang
and Seberang Takir by using descriptive analysis, budgetary analysis and regression
analysis. Hundred and sixty-two fishermen were interviewed in both study areas where
89 in Kuala Marang while 73 in Seberang Takir which were randomly selected by using
Slovin’s formula with 90% confidence level. Finally, the study found that fishing
operations using purse seine, gill net, hook and lines and trap net in both studied areas
applied the profit sharing system where there were two different sharing patterns for
each gear type. |
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