The Influence of Business Risk, Financial Literacy and Financial Inclusion on Financial Performance and Business Sustainability in the Micro, Small and Medium Enterprises Sector in Palopo City

Dewi, Ratna (2022) The Influence of Business Risk, Financial Literacy and Financial Inclusion on Financial Performance and Business Sustainability in the Micro, Small and Medium Enterprises Sector in Palopo City. IOSR Journal of Business and Management (IOSR-JBM), 24 (10). pp. 28-39. ISSN 2319-7668

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Abstract

Abstract: This study aims to analyze and describe: 1) The effect of business risk on financial performance: 2) The effect of financial literacy on financial performance; 3) The effect of financial inclusion on financial performance; 4) The effect of business risk on business continuity; 5) The influence of financial literacy on business continuity; 6) The effect of financial inclusion on business continuity; 7) The influence of financial performance on business continuity; 8) The effect of business risk on business continuity through financial performance; 9) The influence of financial literacy on business continuity through financial performance; and 10) The effect of financial inclusion on business sustainability through financial performance in the micro, small and medium enterprises sector in Palopo City. This research is an ex post facto quantitative research with an exploratory approach which was carried out on micro, small and medium enterprises in Palopo City in January-March 2022 with a sample of 386 from 11,022 population. Data collection techniques through observation, questionnaires, and interviews. The collected data was then analyzed using descriptive analysis to describe the research variables, and inferential analysis through Structural Equation Modeling (SEM) to explain the contribution of exogenous variables to endogenous variables through hypothesis testing. The results of this study indicate that: (1) Business risk has a significant positive effect on financial performance; (2) Financial literacy has a significant positive effect on financial performance; (3) Financial inclusion has a significant positive effect on financial performance; (4) Business risk has a significant positive effect on business continuity; (5) Financial literacy has a significant positive effect on business continuity; (6) Financial inclusion has no significant positive effect on business continuity; (7) Financial performance has a significant positive effect on business continuity; (8) Business risk has no significant positive effect on business continuity through financial performance; (9) Financial literacy has a significant positive effect on business continuity through financial performance; and (10) Financial inclusion has a significant positive effect on business sustainability through financial performance in the micro, small and medium business sector in Palopo City.. Keywords: Business Risk, Financial Literacy, Financial Inclusion, Financial Performance, Business Continuity

Item Type:	Article
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	FAKULTAS EKONOMI
Depositing User:	Unnamed user with email admin@umi.ac.id
Date Deposited:	07 Jul 2023 02:56
Last Modified:	07 Jul 2023 02:57
URI:	http://repository.umi.ac.id/id/eprint/3056

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