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Journal : Jurnal Manajemen

Financial Knowledge, Inclusivity, and Sustainability: MSMEs in Denpasar with Financial Effectiveness Mediator Tahu, Gregorius Paulus
Jurnal Manajemen Vol. 29 No. 2 (2025): June 2025
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/jm.v29i2.2544

Abstract

This study investigates the extent to which financial literacy and access to financial services influence the performance and sustainability of MSMEs in Denpasar. The research involved 150 MSME operators using a bootstrapping approach and a 5 per cent significance level. The findings reveal that both financial literacy and financial inclusion positively impact financial performance. However, only financial inclusion shows a significant direct effect on business sustainability, while financial literacy does not. Financial performance serves as a mediating variable, particularly in linking financial literacy to MSME sustainability, indicating full mediation since the direct effect is not significant. In contrast, financial inclusion demonstrates partial mediation, with both direct and indirect effects being statistically significant. These results emphasize the importance of enhancing financial knowledge and expanding access to financial services, alongside strengthening financial performance, to support the long-term sustainability of MSMEsfinancial inclusion, and improving financial performance to strengthen MSME sustainability.
Co-Authors Aditya, I Putu Rendi Adnyana, I Wayan Eka Anak Agung Dian Padma Dewi Anak Agung Dwi Widyani Andika, Ary Wira Anik Yuesti Antara, I Gede Surya Arimbawa, I Gusti Made Darma Putra Artana, I Nengah Yudi Asih, Ni Luh Merry Astiti, Ni Luh Sasi Daniel Manek DESAK PUTU SRI UTAMI DEWI Dewa Ayu Diah Pradnya Swari Dominicius Djoko Budi Susilo Dominicius Djoko Budi Susilo Febriyanti, Ni Putu Putri Histayanthi, Kadek Dwi HITAYANI, Cokorda Putri I Gst. Ngr Bagus Gunadi I Gst. Ngr Bagus Gunadi I Gusti Agung Teja Kusuma I Gusti Ayu Cantika Pradnyani I Gusti Ayu Imbayani I Gusti Ayu Made Ratna Pertiwi I Gusti Ngurah Bagus Gunadi I Gusti Ngurah Putu Wiratama I Kadek Oca Santika I Made Adi Gunawan I Nengah Suardhika I Ngurah Santika I Wayan Sukadana I Wayan Widnyana I Wayan Wira Darma Putra Ida Ayu Lia Maheswari Kadek Dwinata Hendrayana Kadek Pande Arta Wiguna Kintan Limiansih Komang Brian Krisna Kanugrawan Kusuma, I Gusti Agung Teja Kusuma, I Gusti Ngurah Agung Eka Teja LAKSEMINI, Kadek Dewi Indah Sri Langgeng, Murtini Made Ika Prastyadewi Mahendra, I Wayan Risman Aditia MARSELIANA YULTI INDAM Murtini Langgeng Nengah Landra Ni Kadek Astiani Ni Kadek Dwi Suciati Ni Kadek Lilis Ni Ketut Ceria Dewi Ni Ketut Sri Wulandari Ni Ketut Sri Wulandari Ni Luh Ayu Grahetha Tirta Dewi Suastra Ni Luh Gede Saputri Dewi Ni Luh Gede Saputri Dewi Ni Luh Putu Anggi Suartini Ni Made Dwi Puspitawati Ni Made Mita Putri Handayani Ni Made Ridya Ardyanti Ni Made Satya Utami Ni Nyoman Ari Novarini Ni Putu Ayu Mirah Laraswati Ni Putu Chindy Pratiwi Ni Putu Juniantari Ni Putu Juniantari Pradnyana, I Made Ardi Pratama, I Gede Wahyu Purnama, I Kadek Agus Aldi Putri, Ketut Adelya Karina Putu Agus Eka Rismawan Rahayu Condro Murti Raul Hidayat Sang Ayu Putu Mira Sanjaya, I Nyoman Arya Santos, Belmira Sagrada Ferrao Sapta Rini Widyawati Sari, Ni Putu Hana Puspita Setiadi, Hendri Suparmiati, Ni Ketut Susilo, Dominicus Djoko Budi Trisnawati, Ni Wayan Monik Winarsih Winarsih Yenny Verawati Yuniarsa, Anak Agung Anggita Cayanti Yuniparmini, Ni Kadek