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Journal : Jurnal Ilmiah Manajemen Kesatuan

Comparative Study of Entrepreneurial Orientation and Financial Management Strategies in Women MSMEs Supeni, Retno Endah; Sari, Maheni Ika
Jurnal Ilmiah Manajemen Kesatuan Vol. 13 No. 3 (2025): JIMKES Edisi Mei 2025
Publisher : LPPM Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jimkes.v13i3.3189

Abstract

This study aims to analyze in depth the influence of entrepreneurial orientation, consisting of dimensions of innovation, risk taking, and proactive attitude, on decision making in financial management and its impact on financial performance in women-owned MSMEs from three ethnic groups, namely Javanese, Madurese, and Osing, spread across East Java. This study also aims to compare the differences in influence between the three ethnic groups. The research method used is a quantitative approach with the Structural Equation Modeling (SEM) analysis tool processed using AMOS software, on a sample of between 100 and 200 female MSME actors selected purposively, with a minimum provision of 30 respondents from each ethnic group. In this study, entrepreneurial orientation is set as the independent variable, financial management decision making as the mediator variable, and financial performance as the dependent variable. The results of the study indicate that innovation and risk taking have a significant positive effect on financial decisions, but have a negative impact on financial performance, while proactiveness is not significant. Financial management decisions are proven to significantly improve the financial performance of MSMEs.
Co-Authors Achmad Hasan Hafidzi Agus Irawan Agus Yulianti, Yulas Ahmad Baiquni Ahmad Fatoni, Setio Ahmad Hasan Hafidzi Ahmad Izzuddin Aini, Terawati Isro’ Ainun N, Fardhotun Alfi Arif Ana Mufida Ana Mufida Ana Mufidah Andrean, Mohammad Ongky Aqnes Devita Efendy Arrahhma Elian Tania Bayu Wijayantini, Bayu Cahyo, Bayu Dwi Devi Lestari Dian Asih Budiarti Ega Afri Wulandari Eko Budi Satoto Fadhilah, Ikrimah Nur Fardela, Yusfi Nila Fefi Nurdiana Wijayanti Fitra Nahar Rizky Haris Hermawan Haris Hermawan, Haris Ira Puspita Dewi S Irianti, Lutvia Ragilta Jekti Rahayu Juhari Juhari Karsiyanto, Regita Wira Utami Kuncoro, Muh Alfan Ma’nunah, Zauharotul Masluhah S, Masluhah S Mathew, Raisun Mela Rosalina Mochtar Luthfi Effendy Mohammad Fathul Muin Mubarok, Muhammad Umam Muhammad Edo Fiorentino Muzaki Ahmad Dayan Nely Supeni Nely Supeni Ningtias, Kiki Arista Wahyu Nita Herlina Novita Dwi Susanti Nurul Qomariah Oktaviani, Nadia Paramita, Fina Pratna Prabatwati, Titis Alvita Pramesti, Cindy Pratama, Rizky Anggi Rahayu, Jekti Rajasa, Ilham Surya Rendy Mirwan Aspirandi Retno Endah Supeni Retno Endah Supeni Ririn Windari Rosalina, Mela Rusdiyanto Rusdiyanto Rusdiyanto Rusdiyanto, Rusdiyanto Safira, Serli Vebriana Sari, Nur Ita Septy Holisa Umamy Siti Naisyah Suharto, Akhamd Suharto, Akhmad Sutrisno, Mashluhah Tatit Diansari Reskiputri Tatit Diansari Reskiputri Tatit Diansari Reskiputri, Tatit Diansari Tina Destiana Trias Setyowati Trias Setyowati, Trias Wahyu Eko Setianingsih Wenny Murtalining Tyas Wibowo, Yohanes Gunawan Winahyu, Pawestri Windiawati, Windiawati Yanik Rinata Yesita Karel Yoni Setiawan Yunitasari, Silvia Yusron Rozaid Yusron Rozzaid