The Influence of Business Capital and Financial Literacy on the Sustainability of MSMEs

Authors

  • Veronica Astrid Deviyanti Universitas Muhammadiyah Malang
  • Erna Retna Rahadjeng Universitas Muhammadiyah Malang
  • Widhiyo Sudiyono Universitas Muhammadiyah Malang

DOI:

https://doi.org/10.22219/jamanika.v4i4.36844

Keywords:

business capital, Financial Literacy, sustainability of MSMEs

Abstract

The aim of this research is to determine the influence of business capital and financial literacy on the sustainability of MSMEs. The method used is a quantitative approach and data collection using questionnaires and multiple linear regression data analysis techniques. Apart from that, classical assumption tests, hypothetical tests, and calculation of the coefficient of determination using the SPSS 23 application were carried out. The research sample was determined as 165 MSME actors in the Tugu District in the food sector. and drinks. The sampling technique used the proportional stratified random sampling method. The research results show that the business capital variable has a positive and significant effect on the sustainability of MSMEs. The financial literacy variable has a positive and significant effect on the sustainability of MSMEs. The variables of business capital and financial literacy simultaneously have a positive and significant effect on the sustainability of MSMEs.

Downloads

Download data is not yet available.

References

Anggraini, A., & Nawawi, Z. M. (2022). Pengaruh Pemanfaatan Media Sosial, Kreativitas dan Modal Usaha terhadap Keberlanjutan Bisnis UMKM Milenial di Kota Medan. ManBiz: Journal of Management and Business, 2(1), 30–45. https://doi.org/10.47467/manbiz.v2i1.1791

Arnova, I. (2022). Analisis Faktor-Faktor Usaha Berkelanjutan bagi UMKM di Kabupaten Bengkulu Tengah. Jurnal Akuntansi, Keuangan, Dan Manajemen, 3(2), 117–125. https://doi.org/10.35912/jakman.v3i2.966

Azzahra, C. I., Suyanto, S., & Darmayanti, E. F. (2021). Pengaruh Kreativitas, Modal Usaha, Diversifikasi Produk Dan Kebijakan Pemerintah Terhadap Keberlanjutan Bisnis Umkm (Studi Pada Umkm Bidang Perdagangan Di Kelurahan Iringmulyo Kota Metro). Jurnal Akuntansi AKTIVA, 2(1), 104–112. https://doi.org/10.24127/akuntansi.v2i1.903

Barney, J. (1991). Firm Reources ad Sustained Competitive Advantege. In Journal of Management (Vol. 17, Issue 1, pp. 99–120).

BPS Trenggalek. (2022). Produk Domestik Regional Bruto Menurut Lapangan Usaha Kabupaten Trenggalek 2018 - 2022. 7823–7830.

Criado-Gomis, A., Iniesta-Bonillo, M., & Cervera-Taulet, A. (2018). Sustainable entrepreneurial orientation within an intrapreneurial context: effects on business performance. International Entrepreneurship and Management Journal, 14(2), 295–308. https://doi.org/10.1007/s11365-018-0503-x

Desiyanti, R., Azilah Husin, N., Elvira, R., Sefnedi, S., Dwi Putri, T., & Chrismondari, C. (2023). The Influence of Financial Literacy, Financial Management, and Financial Technology on Business Performance And Sustainability of Micro, Small, and Medium Enterprises In Sumatera, Indonesia. Jurnal Manajemen Universitas Bung Hatta, 18(2), 231–244. https://doi.org/10.37301/jmubh.v18i2.23238

Faradillah, W. Z., Maslichah, & Afifudin. (2022). Pengaruh Pemanfaatan Media Sosial, Modal Usaha, Dan Pemahaman Akuntansi Terhadap Keberlanjutan Bisnis Umkm Di Masa Pandemi Covid-19 Di Kota Batu. E-JRA Vol. 11 No. 03 Februari 2022 Fakultas Ekonomi Dan Bisnis Universitas Islam Malang, 11(04), 62–76.

Kusuma, M., Narulitasari, D., & Nurohman, Y. A. (2022). Inklusi Keuangan Dan Literasi Keuangan Terhadap Kinerja Dan Keberlanjutan Umkm Disolo Raya. Among Makarti, 14(2), 62–76. https://doi.org/10.52353/ama.v14i2.210

Listyawan Ardi, N. (2011). Pengaruh Modal Usaha, Tingkat Pendapatan, dan Sikap Kewirausahaan terhadap Pendapatan Usaha Pengusaha Industri Kerajinan Perak di Desa Sodo Kecamatan Paliyan Kabupaten Gunung Kidul. Skripsi (tidak diterbitkan). Universitas Negeri Yogyakarta.

OJK. (2017). Strategi Nasional Literasi Keuangan Indonesia (Revisit 2017). Otoritas Jasa Keuangan, 1–99.

Otoritas Jasa Keuangan. (2021). Strategi Nasional Literasi Keuangan Indonesia (SNLKI) 2021 - 2025. Ojk.Go.Id, 1–130.

Purwanti, E. (2012). Pengaruh Karakteristik Wirausaha, Modal Usaha, Strategi Pemasaran Terhadap Perkembangan UMKM Di Desa Dayaan dan Kalilondo Salatiga. https://doi.org/10.1007/BF02532975

Rosyadah, K., Mus, A. R., Semmaila, B., Chalid, L., & Budiandriani. (2022). The Relevance of Working Capital, Financial Literacy and Financial Inclusion on Financial Performance and Sustainability of Micro, Small and Medium-Sized Enterprises (MSMEs). American Journal of Humanities and Social Sciences Research, 4, 203–216.

Zaniarti, S., Veronica, S., & Arvi Arsytania, R. (2022). The Effect of Financial Literacy on the Sustainability of Micro, Small, and Medium, Enterprises with Access to Finance as a Mediating Variable. The International Journal of Management Science and Business Administration, 9(1), 17–31. https://doi.org/10.18775/ijmsba.1849-5664-5419.2014.91.1002

Downloads

Published

2024-12-01

Issue

Section

Articles

Most read articles by the same author(s)