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The mediation role of financial literation in ensuring MSMEs sustainability: An organizational characteristics perspective

JEMA: Jurnal Ilmiah Bidang Akuntansi dan Manajemen

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Title The mediation role of financial literation in ensuring MSMEs sustainability: An organizational characteristics perspective
 
Creator Prasetya, Arik
Rahardjo, Kusdi
Mawardi, Mukhammad Kholid
Rustam Hidayat, Raden
Prakasa, Yudha
 
Subject MSME; Sustainability; Financial Literacy; Organization Characteristics; Entrepreneurs
 
Description The Micro, Small, and Medium Enterprise (MSMEs) sector has been recognized as an essential contributor to the economic development of Indonesia. However, the sustainability of MSMEs in Indonesia is still relatively low compared to the rest of ASEAN countries with similar levels of economic growth. This study aims to extend previous studies on the relationship between MSMEs characteristics and their sustainability by specifically including financial literation as a mediation role. This study used proportional random sampling as a sampling technique. A total of 191 MSMEs owner-managers questionnaire data were processed by using Partial Least Square analysis. This study confirmed the positive influence of MSMEs characteristics on financial literacy and financial literacy on the sustainability of MSMEs. Moreover, financial literation proves to be a significant mediator of MSMEs sustainability. This study suggests that MSMEs owner-managers need to be financially literate as it can enable them to make a good financial decision that can ensure their business sustainability.
 
Publisher University of Islam Malang
 
Contributor —
 
Date 2021-03-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://riset.unisma.ac.id/index.php/jema/article/view/10356
10.31106/jema.v18i1.10356
 
Source JEMA: Jurnal Ilmiah Bidang Akuntansi dan Manajemen; Vol 18, No 1 (2021): JEMA: Jurnal Ilmiah Bidang Akuntansi dan Manajemen; 61-79
2597-4017
1693-7864
10.31106/jema.v18i1
 
Language eng
 
Relation http://riset.unisma.ac.id/index.php/jema/article/view/10356/61-79
 
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