Enhancing Financial Literacy to Promote Sustainability in MSMEs

This study seeks to determine the influence of financial literacy on the sustainability of MSME enterprises. The research is based on the phenomenon of poor business sustainability in Indonesian MSMEs. Using interviews and a survey of 400 respondents, this study discovered that MSME owners' fi...

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Main Authors: Vina Anggilia Puspita, Dito Rinaldo, Gunardi Gunardi
Format: Article
Language:English
Published: Program Studi Keuangan dan Perbankan, Fakultas Ekonomi dan Bisnis, Universitas Komputer Indonesia 2024-12-01
Series:Jurnal Ilmu Keuangan dan Perbankan
Online Access:https://ojs.unikom.ac.id/index.php/jika/article/view/14393
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author Vina Anggilia Puspita
Dito Rinaldo
Gunardi Gunardi
author_facet Vina Anggilia Puspita
Dito Rinaldo
Gunardi Gunardi
author_sort Vina Anggilia Puspita
collection DOAJ
description This study seeks to determine the influence of financial literacy on the sustainability of MSME enterprises. The research is based on the phenomenon of poor business sustainability in Indonesian MSMEs. Using interviews and a survey of 400 respondents, this study discovered that MSME owners' financial literacy remains low, which contributes to poor business financial management and has a substantial influence on firm sustainability. The regression test results show that there is a significant positive influence of the level of financial literacy on the sustainability of MSME businesses. This indicates the necessity for various parties to cooperate in providing substantial education on financial literacy to MSMEs to sustain and develop.  Keywords: Entrepreneurship; Financial Governance; Financial Literacy; Business Sustainability; MSMEs
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institution DOAJ
issn 2089-2845
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language English
publishDate 2024-12-01
publisher Program Studi Keuangan dan Perbankan, Fakultas Ekonomi dan Bisnis, Universitas Komputer Indonesia
record_format Article
series Jurnal Ilmu Keuangan dan Perbankan
spelling doaj-art-37375fdb2508428fa88dfd02ad4df29c2025-08-20T02:39:55ZengProgram Studi Keuangan dan Perbankan, Fakultas Ekonomi dan Bisnis, Universitas Komputer IndonesiaJurnal Ilmu Keuangan dan Perbankan2089-28452655-92342024-12-01141Enhancing Financial Literacy to Promote Sustainability in MSMEsVina Anggilia Puspita0Dito Rinaldo1Gunardi GunardiUniversitas Teknologi DigitalSekolah Tinggi Ilmu Ekonomi Ekuitas This study seeks to determine the influence of financial literacy on the sustainability of MSME enterprises. The research is based on the phenomenon of poor business sustainability in Indonesian MSMEs. Using interviews and a survey of 400 respondents, this study discovered that MSME owners' financial literacy remains low, which contributes to poor business financial management and has a substantial influence on firm sustainability. The regression test results show that there is a significant positive influence of the level of financial literacy on the sustainability of MSME businesses. This indicates the necessity for various parties to cooperate in providing substantial education on financial literacy to MSMEs to sustain and develop.  Keywords: Entrepreneurship; Financial Governance; Financial Literacy; Business Sustainability; MSMEs https://ojs.unikom.ac.id/index.php/jika/article/view/14393
spellingShingle Vina Anggilia Puspita
Dito Rinaldo
Gunardi Gunardi
Enhancing Financial Literacy to Promote Sustainability in MSMEs
Jurnal Ilmu Keuangan dan Perbankan
title Enhancing Financial Literacy to Promote Sustainability in MSMEs
title_full Enhancing Financial Literacy to Promote Sustainability in MSMEs
title_fullStr Enhancing Financial Literacy to Promote Sustainability in MSMEs
title_full_unstemmed Enhancing Financial Literacy to Promote Sustainability in MSMEs
title_short Enhancing Financial Literacy to Promote Sustainability in MSMEs
title_sort enhancing financial literacy to promote sustainability in msmes
url https://ojs.unikom.ac.id/index.php/jika/article/view/14393
work_keys_str_mv AT vinaanggiliapuspita enhancingfinancialliteracytopromotesustainabilityinmsmes
AT ditorinaldo enhancingfinancialliteracytopromotesustainabilityinmsmes
AT gunardigunardi enhancingfinancialliteracytopromotesustainabilityinmsmes