THE INFLUENCE OF FINANCIAL MANAGEMENT ON FINANCIAL PERFORMANCE IN THE RUMAH KAWAN BUNDA UMKM COMMUNITY

Dita Maulia Ahmad, Syafrida Hani, Hastuti Olivia

Abstract


Abstract : This research was conducted because most MSME owners still do not know proper financial management. This can affect the preparation of MSME financial reports. Financial performance plays a very important role for MSMEs, because they have to ensure that their business can survive and grow.  This research also aims to achieve the following objectives: (1) To test and analyze whether financial management has an effect on the financial performance of Rumah Kawan Bunda MSMEs; This research uses an associative research approach. The type of data in research uses quantitative data. The population of this study was 250 MSME actors, the sample was 98 MSME actors, who were selected using the purposive sampling method. Data collection techniques use primary data obtained from questionnaires. The data analysis technique was carried out using SEM – PLS. The results of this research show that: Financial Management has an effect on Financial Performance.

 

Keywords : Financial Management, Financial Performance, MSMEs


Full Text:

PDF

References


Adriani, & Yuniar, VA (2023). The Influence of the Use of Digital Payment on Financial Performance in MSMEs in Makassar City. Scientific Journal of Accounting, Business Economics, Accounting Management , 6 (2). https://jurnal.stie-lpi.ac.id/index.php/neraca

Alamsyah, MF (2020). The Influence of Financial Literacy and Financial Management Quality on Financial Performance in Furniture SMEs in Gorontalo City. Economic Forum , 22 (2), 245–255. http://journal.feb.unmul.ac.id/index.php/FORUMEKONOMI

Fitriasandy, AL, & Anam, AK (2022). The Influence of Financial Management, Financial Technology, and Social Capital on MSME Performance. Journal of Management Recognition , 6 (2), 66–77. http://ejournal.unisnu.ac.id/jrm/

Hanasri, A., Rinofah, R., & Sari, PP (2023). The Influence of Financial Literacy, Financial Knowledge, and Financial Attitudes on Financial Performance of Online Business MSMEs in Bantul. Ekonomis: Journal of Economics and Business , 7 (1), 443. https://doi.org/10.33087/ekonomis.v7i1.792

Hani, S., & Fauzi, Z. (2017). Perception of SME Actors Regarding the Implementation of Financial Reports . 5 (2).

Hartina, Goso, G., & Palatte, MH (2023). Analysis of the Impact of Financial Literacy and Finance on the Financial Performance of MSMEs. SEIKO: Journal of Management & Business , 6 (1), 644–651. https://doi.org/10.37531/sejaman.v6i1.3874

Khadijah, & Purba, NMB (2021). Analysis of Financial Management in MSMEs in Batam City. Owner , 5 (1), 51–59. https://doi.org/10.33395/owner.v5i1.337

Lestanti, D. (2016). The Influence of Accounting Knowledge, Business Experience, and Work Motivation on the Perception of the Use of Accounting Information on MSMEs in Boyolali. The Influence of Accounting Knowledge , 1–23.

Lestari, DA, Purnamasari, ED, & Setiawan, B. (2020). The Influence of Payment Gateway on Financial Performance of MSMEs. Journal of Business, Management, and Economics , 1 (1), 1–10. https://doi.org/10.47747/jbme.v1i1.20

Nopiyani, PE, & Indiani, PR (2023). The Influence of Financial Attitude, Financial Behavior and Financial Literacy on the Financial Performance of MSMEs in Ambengan Village Government. Competitive Accounting Journal , 6 (3), 411–418. https://doi.org/10.35446/akuntansikpetif.v6i3.1481

Octaviani, R., & Putri, RF (2021). Analysis of Factors Affecting the Financial Performance of Micro, Small and Medium Enterprises (MSMEs) in Medan City. Regress: Journal of Economics & Management , 1 (1), 24–29. https://doi.org/10.57251/reg.v1i1.126

Olivia, H. (2020). Implementation of Activity Based Costing as a Basis for Determining the Selling Price of MSME Products. TIN: Terapan Informatika Nusantara , 1 (4), 182–185. https://scholar.google.com/scholar?hl=id&as_sdt=0%2C5&q=Penerapan+Activity+Based+Costing+sebagai+dasar+Penentuan+harga+Jual+Produk+UMKM&btnG=

Putri, SS, & Sungkono. (2023). Analysis of Financial Performance in Small and Medium Enterprises (UMKM) in Karawang Regency. Economina Journal , 2 (7), 1557–1563. https://doi.org/10.55681/economina.v2i7.627

Reni, F. (2018). Financial Management for Micro, Small and Medium Enterprises (MSMEs) in Airputih Village, Tampan District, Pekanbaru City. Sembadha: Seminar on Community Service Results , 01 (01), 225–229. https://jurnal.pknstan.ac.id/index.php/sembadha/article/view/376

Riadi, M. (2019). Definition, Function and Strategy of Financial Management. Definition, Function and Strategy of Financial Management . https://www.kajianpustaka.com/2019/03/pengertian-fungsi-dan-strategi-manajemen-keuangan.html

Selviana, S., & Wenny, CD (2021). The Effect of Audit Tenure, Firm Size, and Auditor Change on Financial Report Integrity (Empirical Study of Transportation Sector Companies Listed on the Indonesia Stock Exchange in 2017-2019). Accounting Student Research Publication , 2 (2), 169–183.

Tambunan, CR (2023). Contribution of MSMEs to the Indonesian Economy . Ministry of Finance of the Republic of Indonesia.

Ully, YG (2023). The Influence of Financial Literacy, Financial Planning and Self-Control on Financial Management of MSMEs . 4 (1), 88–100.




DOI: https://doi.org/10.3059/insis.v0i0.23093

DOI (PDF): https://doi.org/10.3059/insis.v0i0.23093.g12650

Refbacks

  • There are currently no refbacks.