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Monalisa Monalisa
Program Studi Agribisnis, Fakultas Pertanian, Universitas Syiah Kuala
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Journal : Jurnal Ekonomi

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Revitalizing Green Economic Capability to Maintain the Financial Stability of MSMEs in Bira Beach Sharon, ST Salmah; Monalisa, Monalisa; Muchtar, Muchtar; Firman, Afrizal; Basir, Mustika Kusuma; Arif, Muh
Jurnal Ekonomi & Studi Pembangunan Vol. 26 No. 1: April 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

To maintain the financial stability of Micro, Small and Medium Enterprises (MSMEs) is a vital issue which needs a revitalization of green economic capability. This study explores the impact of Green Economy Capability (GEC) on the financial stability of MSMEs in the coastal region of Bira Beach, with a focus on the mediating role of government support. A SmartPLS-SEM used in this study to investigate the survey involving 150 MSMEs. The key variables measured include GEC, financial stability, and government support, with the data analyzed through descriptive and inferential statistical techniques. The findings indicate that GEC significantly influences government support, which in turn has a positive effect on financial stability. However, GEC does not have a direct impact on MSMEs' financial stability. These findings underscore the critical role of government policies in supporting the adoption of sustainable practices among MSMEs, particularly in regions heavily dependent on tourism. This research contributes to the literature by providing empirical evidence of the indirect relationship between GEC and financial stability through government support in the coastal MSME sector. In results, we offered two solutions. First, the policymakers must prioritize initiatives that strengthen MSME’s capacity for sustainable practices. Second, the need for tailored support systems in coastal areas like the adoption of green practices which must be integrated with local economic strategies to yield both environmental and financial benefits.
Revitalizing green economic capability to maintain the financial stability of MSMEs in Bira Beach Sharon, ST Salmah; Monalisa, Monalisa; Muchtar, Muchtar; Firman, Afrizal; Basir, Mustika Kusuma; Arif, Muh
Jurnal Ekonomi & Studi Pembangunan Vol. 26 No. 1: April 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v26i1.24080

Abstract

To maintain the financial stability of Micro, Small and Medium Enterprises (MSMEs) is a vital issue which needs a revitalization of green economic capability. This study explores the impact of Green Economy Capability (GEC) on the financial stability of MSMEs in the coastal region of Bira Beach, with a focus on the mediating role of government support. A SmartPLS-SEM used in this study to investigate the survey involving 150 MSMEs. The key variables measured include GEC, financial stability, and government support, with the data analyzed through descriptive and inferential statistical techniques. The findings indicate that GEC significantly influences government support, which in turn has a positive effect on financial stability. However, GEC does not have a direct impact on MSMEs' financial stability. These findings underscore the critical role of government policies in supporting the adoption of sustainable practices among MSMEs, particularly in regions heavily dependent on tourism. This research contributes to the literature by providing empirical evidence of the indirect relationship between GEC and financial stability through government support in the coastal MSME sector. In results, we offered two solutions. First, the policymakers must prioritize initiatives that strengthen MSME’s capacity for sustainable practices. Second, the need for tailored support systems in coastal areas like the adoption of green practices which must be integrated with local economic strategies to yield both environmental and financial benefits.
Co-Authors ., Ponidi Abadi, Ayuliamita Abdullah, Muh.Tang Abdullah, Muhammad Saffuan Achmad Tavip Junaedi Ade Irfan Adim, Muhammad Afifah, Eka Fitriatul Agustina Arida Ahmad Rofi Suryahadikusumah Ahmad, Muhamad fazil Bin Alam, Andi Rifqah Purnama Alexander, Nicholas Ali, Abdul Halim Amin, Haidar Khoirul Amries Rusli Tanjung Andriyus, Andriyus Apriani, Siska Aprianitasari, Seli Aqillah, Hawwa Nasywa Ardini, Fadhila Malasari Artikawati Santoso, Oktavia Arto, Laurdes Billy Awaluddin Hamzah Ayesha, Shakira Ayu Fadhilah, Annisa Azhar Azhar Azzahra, Fadia Basir, Mustika Kusuma Bayu Angga Wijaya Betti Nuraini Bitarsa, Aby Sefwiedtry Cantika, Grasi Cut Faradilla Damai Syaputra, Yogi Dedi Fazriansyah Putra Deli, Anwar Desi, Mila Fransiska Dewantoro, Rico Wijaya Dewi, Vivinati Dian Aswita, Dian Diina Maulina Dinata, Dody Saputra Dinda Maristha Djuranovik, Evelyn Dodi , Sandra Dwi Rizky, Indah Ekawati, Fadliyana Elfrida, Solha Elfrida, Sotha Ervina, Risda Erwin Erwin Evi Fania, Evi Fadhillah Khairun Nisa Fahmawati, Felda Emilia Fahriza, Irfan Fajri Fajri Fandi Setiawan Fazar, Muhamad Firman, Afrizal Flejterski, Stanislaw Fouzia, Nury Furqonuddin, Asep Gita Susanti, Gita Gosal, Brandon Greta J. P. Wahongan Gusman, Elvina Hafiizh Tantri, Ashr Halida Halida Halimah Halimah Halimahtussakdiya, Halimahtussakdiya Handayani, Gusti Lestari Harisnawati, Harisnawati Hasan, Umar Yudha Hasniati, Hasniati Hendriadi, Hendriadi Hetilaniar, Hetilaniar Houtman Humiras Hardi Purba Ibad, Irsyadul Ika Monika, Ika Inastyarikusuma, Tarrinni Ira Manyamsari Ira Maya Hapsari Irwan Irwan Islamiyah, Nurhidayati Isnaniah, Isnaniah Jaelani, Alan Jennifer Chandra Juhanda Kartika Wijaya Juliana, Septa Juraboev, Sarvar Kartikasari, Fahreza Febianti Ketang Wiyono Khairat, Imalatul Khotami, Khotami Kiki Aryaningrum Kresnawaty, Novi Kumalasari Yo, Sacca Kurnia , Kurnia Latif, Syahrul Akmal Lestari Puspitaningsih Lestari, Chika Lukman Hakim M.S.I, Chindra Saputra S.Kom Maichal Maichal Maimunah, Maimunah Makmur, Harun Mauliddah, Nurullaili Maulini, Suciarti Mawarti, Arfiah Ayudian Melani safitri Melysa, Trifonia Miftahul Jannah Misni Erwati, Misni Muchtar muchtar Muh Arif, Muh Muhamad, Akmal Fatah Muhammad Firmansyah Muhammad Yusuf Siregar Mukramah, Mukramah Mustikarini, Carolina Novi Mustiqowati Ummul Fithriyyah Nadya, Aisha Nela Safelia Nir Fathiya Nomiko, Debbie Nova Suryani Noviyanti Noviyanti, Noviyanti Nur Insani Nur, Rahmat Nuraeni Nuraeni Nurlizawati Othman, Zaherudin Pasaribu, Veta Lidya Delimah Peni Ramanda, Peni Podojoyo, Podojoyo Polaris Nasution Powell Gian Hartono Prasetya, Eska Perdana Pratama, Ardhani Agnas Pratama, Aryawira Purwati, Astri Ayu Putra, Sinar Dharmayana Putra, Surya Permana Randi Saputra Rayhannisa, Rayhannisa Reza Fahlevi Ridayana, Weny Rizaly, Anastas Rosmita Rosmita, Rosmita Rozal, Edi Rusilawati, Ermina Sakunti, Sri Ramdayeni Sanapang, Gracela Marisa Saragih, Saut Sari, Bella Nopita Sari, Ilmi Puspita Sari, Tyasha Ayu Melynda Satria, Moh Zulfie SAUDAH SAUDAH Savitri, Elisabeth Wahyu Sharon, St Salmah Siswantoro, Fery Sofa, Mardiana Sri Ananingsih, Esti Sri Murlianti SRI RAHAYU Suade, Yuyun Karistin Meilisa Suade, Yuyun Karystin Meilisa Sugianto Sugiharto, Melyana Suhaemi, Kholid Suhara, Grasi Cantika Suriana Suriana Susilawati, Agnes Dwita Sutiono, Edi Syam, Asriah Syaputra, Yogi Damai Syarbaini Syarbaini Syarifuddin Syawaluddin Syawaluddin, Syawaluddin Syawaluddin, M. Sylvina Rusadi Syulhasbiullah, Muhammad T. Makmur Tamarin, Ruwanda Tanesia, Cindy Yoel Tartila Tartila Taufik Yahya Triany, Novika Ayu Ulan Ulan Ummah, Yoyoh Khoirotul Uyun, Rafida Veithzal Rivai Zainal Victor D. Pijoh Wahyu Simon Tampubolon Wendy Wijaya Widiatmoko, Mualwi Wijaya, Evelyn Wisda Zulaeha Suwardi Wiwik Handayani Yogi Damai Syaputra Yuli Nurmalasari Yulia Monita Yuliana, Lisa Yunike, Yunike Zuhriyah, Latifatul Zumaidar Zumaidar Zurnelli, Netti