The Effect of Financial Literacy, Financial Management Behavior, Digital Financial Inclusiveness and Internal Factors on the Sustainability of Micro, Small and Medium Enterprises Participating in the PT PNM Mekaar Financing Program
DOI:
https://doi.org/10.55927/ijba.v5i1.13869Keywords:
MSMEs, Sustainability, FinancialAbstract
This study examines influence of financial literacy, financial management, digital financial inclusiveness, and internal factors on the sustainability of MSMEs with a quantitative approach and descriptive method. Data were obtained through questionnaires distributed to PT PNM Mekaar customers with the criteria of Mekaar Plus customers and loans of 8 million and above. So that 232 customers were obtained as research samples. The data were processed with PLS-SEM analysis using SmartPLS 4.0. The results show that financial management and digital financial inclusivity have a good and large impact on MSME sustainability, while financial literacy has no discernible influence on firm sustainability. Internal factors, such as business type and age and financial record keeping, also contribute to MSME sustainability.
Downloads
References
Ajzen, I. (1991). The Theory of Planned Behavior . Organizational Behavior and Human Decision Processes, 179–211.
Ajzen, I., & Kruglanski, A. W. (2019). Reasoned Action in the Service of Goal Pursui. American Psychological Association, 126(5), 774–786.
Ayu Rumini, D., & Martadiani, M. (2020). Peran Literasi Keuangan Sebagai Prediktor Kinerja Dan Keberlanjutan Umkm Di Kabupaten Badung. INVENTORY: JURNAL AKUNTANSI, 4(1), 53. https://doi.org/10.25273/inventory.v4i1.6300
Chen, C., Fan, M., & Fan, Y. (2024). The role of digital inclusive finance in green innovation. PLoS ONE, 19(12). https://doi.org/10.1371/journal.pone.0315598
Demirguc-Kunt, A., Klapper, L., & Singer, D. (2017). Financial Inclusion and Inclusive Growth A Review of Recent Empirical Evidence. Policy Research Working Paper, 1–25.
Dermawan, T. (2019). PENGARUH LITERASI, INKLUSI DAN PENGELOLAAN KEUANGAN TERHADAP KINERJA DAN KEBERLANJUTAN UMKM (STUDI PADA PELAKU USAHA MIKRO MAHASISWA UNIVERSITAS BRAWIJAYA).
Ghozali, I. (2011). Model Persamaan Struktural Konsep dan Aplikasi dengan Program AMOS 24 (7th ed.). Badan Penerbit Universitas Diponegoro.
Ghozali, I., & Latan, H. (2015). Konsep, teknik, aplikasi menggunakan Smart PLS 3.0 untuk penelitian empiris. Badan Penerbit Universitas Diponegoro.
Hair, J. F., Risher, J. J., Sarstedt, M., & Ringle, C. M. (2019). When to use and how to report the results of PLS-SEM. In European Business Review (Vol. 31, Issue 1, pp. 2–24). Emerald Group Publishing Ltd. https://doi.org/10.1108/EBR-11-2018-0203
Henseler, J., Ringle, C. M., & Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. https://doi.org/10.1007/s11747-014-0403-8
Hilmawati, M. R. N., & Kusumaningtias, R. (2021). INKLUSI KEUANGAN DAN LITERASI KEUANGAN TERHADAP KINERJA DAN KEBERLANGSUNGAN SEKTOR USAHA MIKRO KECIL MENENGAH. Nominal: Barometer Riset Akuntansi Dan Manajemen, 10(1), 135–152. https://doi.org/10.21831/nominal.v10i1.33881
Jayanti, E., & Karnowati, N. B. (2023). DIGITALISASI UMKM DAN LITERASI KEUANGAN UNTUK KEBERLANJUTAN UMKM DI KABUPATEN CILACAP. Kajian Bisnis Sekolah Tinggi Ilmu Ekonomi Widya Wiwaha, 31(1), 51–64. https://doi.org/10.32477/jkb.v31i1.504
Kementerian Keuangan. (2024, July 25). Pemberdayaan UMKM Melalui Pembiayaan Ultra Mikro (UMi): Solusi Inklusif untuk Meningkatkan Ekonomi Lokal.
Kusuma, M., Narulitasari, D., & Nurohman, Y. A. (2022). INKLUSI KEUANGAN DAN LITERASI KEUANGAN TERHADAP KINERJA DAN KEBERLANJUTAN UMKM DISOLO RAYA. Among Makarti, 14(2). https://doi.org/10.52353/ama.v14i2.210
Lestari, N., & Ardiansyah, E. (2024). PENGARUH PENDAPATAN, LITERASI KEUANGAN, KUALITAS PELAYANAN DAN PROSEDUR PEMBIAYAAN TERHADAP KEPUTUSAN MENGAMBIL PEMBIAYAAN PADA PNM MEKAAR SYARIAH MOYOHILIR MOYOHULU 2 (Studi Kasus di Desa Berang Rea, Kecamatan Moyo Hulu). UTS STUDENT CONFERENCE, 2(1), 309–316.
Lumenta, U. Z., & Worang, F. G. (2019). THE INFLUENCE OF FINANCIAL INCLUSION ON THE PERFORMANCE OF MICRO SMALL AND MEDIUM ENTERPRISES IN NORTH SULAWESI. Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 7(3), 2910–2918.
Mhlanga, D. (2020). Industry 4.0 in finance: the impact of artificial intelligence (ai) on digital financial inclusion. International Journal of Financial Studies, 8(3), 1–14. https://doi.org/10.3390/ijfs8030045
Nantungga, K. H. (2023). PENGARUH FINANCIAL TECHNOLOGY DAN LITERASI KEUANGAN TERHADAP KEBERLANJUTAN UMKM DI KABUPATEN SLEMAN DENGAN INKLUSI KEUANGAN SEBAGAI VARIABEL MEDIASI. Universitas Islam Indonesia.
Naufal, M. I., & Purwanto, E. (2022). DAMPAK LITERASI KEUANGAN TERHADAP KINERJA DAN KEBERLANJUTAN UMKM (Studi Kasus Industri F&B Kecamatan Sumbersari Jember). Profit: Jurnal Administrasi Bisnis, 16(2), 209–21516.
Ningsih, N. W., Aryati, I., & Widayanti, R. (2019). ANALISIS LITERASI KEUANGAN, PERSYARATAN PEMBIAYAAN DAN KEBERLANGSUNGAN USAHA TERHADAP KEMUDAHAN AKSES PEMBIAYAAN FORMAL PADA UMKM. JURNAL ILMIAH EDUNOMIKA, 3(02). https://doi.org/10.29040/jie.v3i02.663
Nurfadhilah, I., Yuliani, N. L., Muhdiyanto, Shofiyani, D., Hana, M. T., Nugraheni, N. A., & Dwi, S. (2024). Pengaruh Literasi Keuangan Dan Pengelolaan Keuangan terhadap Keberlanjutan Usaha. Akuisisi; Jurnal Akuntansi, 20(2), 370–379.
Nurjanah, R., Surhayani, S., & Asiah, N. (2022). FAKTOR DEMOGRAFI, LITERASI KEUANGAN, SIKAP KEUANGAN TERHADAP PERILAKU PENGELOLAAN KEUANGAN PADA UMKM DI KABUPATEN BEKASI. Jurnal Akuntansi Bisnis Pelita Bangsa, 7(01), 1–16. https://doi.org/10.37366/akubis.v7i01.431
Permata Sari, B., Rimbano, D., Marselino, B., Aprilia Sandy, C., & Ria Hairum, R. (2022). Determinasi Literasi Keuangan dan Inklusi Keuangan Terhadap Kinerja dan Keberlangsungan Usaha UMKM. Owner, 6(3), 2865–2874. https://doi.org/10.33395/owner.v6i3.928
Pratama, M. A. (2022, October 7). Inklusi Keuangan Digital Dorong Pertumbuhan Ekonomi. BI Institute.
Romero, A. R., & Desiyanti, R. (2023). Pengaruh Literasi Keuangan, Pengelolaan Keuangan terhadap Kinerja UMKM dan Keberlangsungan Usaha di Kabupaten Padang Pariaman. Abstract of Undergraduate Research, Faculty of Economics, Bung Hatta University, 22(2), 1–2.
Yang, L., & Zhang, Y. (2020). Digital financial inclusion and sustainable growth of small and micro enterprises-evidence based on China’s new third board market listed companies. Sustainability (Switzerland), 12(9). https://doi.org/10.3390/su12093733
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Syofiatul Aziza Arofani, Adhitya Bayu Suryantara
This work is licensed under a Creative Commons Attribution 4.0 International License.
