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Does financial literacy drive SME success in resource-rich regions? Lusiana Desy Ariswati; Muhammad Ramadhani Kesuma; Rohana Nur Aini; Ellen D. Oktanti Irianto; Chandika Mahendra Widaryo; Margareth Henrika
Priviet Social Sciences Journal Vol. 5 No. 11 (2025): November 2025
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/pssj.v5i11.714

Abstract

This study investigates the relationships among financial literacy, product innovation, risk management, and financial performance in small and medium-sized enterprises (SMEs) located in East Kalimantan, a region in Indonesia characterized by its resource abundance. While prior studies underscore the importance of financial literacy and innovation for SME success, there is limited research focusing on non-urban, commodity-reliant settings. Using a quantitative methodology, this study employs Partial Least Squares Structural Equation Modeling to analyze data gathered from 200 SME owners in non-extractive industries through a structured survey. This study explores whether financial literacy and product innovation directly affect financial performance and whether risk management mediates these dynamics. The findings reveal that financial literacy has a significant positive effect on financial performance, whereas product innovation strengthens risk management but does not directly influence financial outcomes. Additionally, risk management does not mediate these relationships, indicating potential contextual constraints in resource-limited environments. These insights advance the understanding of SME operations in non-urban, resource-dependent regions and highlight the need for customized financial education and innovation. This study provides actionable recommendations for policymakers to enhance SME resilience through targeted strategies, addressing a key gap in the literature on economies tied to natural resources.
Analytic Hierarchy Process in Risk Assessment: A Bibliometric Perspective Faradillah Febriyanti; Inggit Istani Putri; Muhammad Eko Wahyudi; Putri Nandira; Queen Firakirana Ramadhani; Via Zahwa Niagara; Lusiana Desy Ariswati; Muhammad Ramadhani Kesuma
Ekopedia: Jurnal Ilmiah Ekonomi Vol. 2 No. 2 (2026): APRIL-JUNI 2026
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/ve7w8417

Abstract

This study analyses the development of research on the application of the Analytic Hierarchy Process (AHP) in risk assessment through a bibliometric approach. Data were collected from the Scopus database using relevant keyword combinations, yielding 1,685 articles. Analysis was conducted using VOSviewer to examine publication trends, author collaboration networks, and keyword co-occurrence patterns. The findings reveal that AHP in risk assessment has experienced significant growth and exhibits a high degree of international collaboration. The most frequently occurring keywords include "AHP," "risk assessment," and "fuzzy AHP," indicating a paradigm shift towards uncertainty-based and hybrid methodological approaches. This study maps the evolution of research themes and identifies future research directions, particularly concerning the integration of AHP with advanced analytical methods and sustainability issues. The bibliometric patterns identified here complement an expanding body of literature linking decision-science methods with financial management and organisational governance.