Rike Setiawati
Fakultas Ekonomi dan Bisnis, Universitas Jambi

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Pengaruh Entrepreneurial Competency dan Financial Literacy terhadap Business Performance Sustainability melalui Inovasi sebagai Variabel Mediasi pada UMK Sektor Kuliner di Kota Jambi Dzaky Achmad R; Rike Setiawati
Ekonomis: Journal of Economics and Business Vol 10, No 1 (2026): Maret
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v10i1.2777

Abstract

This study aims to analyze the influence of entrepreneurial competency and financial literacy on business performance sustainability with innovation as a mediating variable. This study uses a quantitative approach with primary data obtained through questionnaires distributed to 100 MSMEs selected using a purposive sampling technique. Data analysis was conducted using Structural Equation Modeling (SEM) through SmartPLS4, including validity and reliability testing, as well as hypothesis testing using the bootstrapping method. The results show that entrepreneurial competency has a positive and significant effect on business performance sustainability. In addition, entrepreneurial competency and financial literacy have a positive and significant effect on innovation. However, financial literacy does not have a significant effect on business performance sustainability. Other findings indicate that the innovation variable does not mediate the relationship between entrepreneurial competency and financial literacy with business performance sustainability. The implications of this study emphasize that entrepreneurial competency is a key factor that directly drives sustainable business performance, while financial literacy and innovation require more comprehensive strategic support to provide optimal contributions to business sustainability.
Determinan Kinerja ESG: Peran Risiko Keuangan dan Ukuran Perusahaan dengan Profitabilitas sebagai Variabel Mediasi Nona Jane Onoyi; Rike Setiawati; Diana Titik Windayati; Ely Kurniawati
Ekonomis: Journal of Economics and Business Vol 10, No 2 (2026): September
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v10i2.2962

Abstract

This study aims to examine the effect of financial risk and firm size on ESG performance, with profitability as a mediating variable, in high-emission manufacturing companies listed on the Indonesia Stock Exchange during the 2020–2024 period. A quantitative approach with an explanatory design was employed. The sample consists of 23 companies selected through purposive sampling, yielding 115 firm-year observations. Data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results reveal that firm size has a positive and significant effect on ESG performance and serves as the most dominant predictor. Financial risk (measured by the Altman Z-Score) has a positive and significant effect on profitability but does not significantly affect ESG performance. Firm size does not influence profitability, and profitability neither affects ESG performance nor mediates the relationships between financial risk or firm size and ESG performance. These findings indicate that ESG practices in Indonesia’s high-emission manufacturing sector are driven more by institutional pressures and legitimacy concerns than by internal financial conditions. The study reinforces the relevance of stakeholder theory and offers implications for firms and policymakers in promoting sustainable business practices.
The Impact of E-Commerce, Social Media, and Fintech on Customer Satisfaction in The Food and Beverage SME Sector in The City of Jambi Revany Fadilla Utari; Rike Setiawati; Raja Sharah Fatricia
Ekonomis: Journal of Economics and Business Vol 10, No 2 (2026): September
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/ekonomis.v10i2.2869

Abstract

This study aims to analyze the effect of e-commerce, social media, and fintech on customer satisfaction in the culinary MSME sector in Jambi City. This study is motivated by the development of digital technology that has encouraged changes in consumer behavior toward digital based transactions. The research method used is a quantitative approach with data collection techniques through questionnaire distribution. The sample used consisted of 101 respondents selected using purposive sampling techniques. Data analysis was conducted using the Partial Least Squares Structural Equation Modeling (PLS-SEM) method with the assistance of SmartPLS 4 software. The results show that e-commerce, social media, and fintech have a positive and significant effect on customer satisfaction. The coefficient of determination indicates that the research model is able to explain the customer satisfaction variable well. These findings indicate that the utilization of digital technology plays an important role in improving customer satisfaction in the culinary MSME sector in Jambi City. This study is expected to contribute to the development of digital marketing knowledge and serve as a reference for MSME actors in designing digital transformation strategies to improve business competitiveness.