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The Impact of Sound System Event Implementation and Visit Intensity on the Income of Micro, Small, and Medium Enterprises (MSMEs) Syarofi, Muhammad; Nurhaliza; Hakim, Faris Kurnia; Firdaus, Cecep Bryan
Mabny: Journal of Sharia Management and Business Vol. 5 No. 2 (2025): Mabny : Journal of Sharia Management and Business
Publisher : Faculty of Islamic Economics and Business, Madura Islamic State University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19105/mabny.v5i2.22151

Abstract

This study aims to analyze the influence of sound system event attendance and visit intensity on the increase in income of Micro, Small, and Medium Enterprises (MSMEs) in Padomasan Village. This research employs a quantitative approach using a survey method, with data analysis conducted through the Structural Equation Modeling–Partial Least Squares (SEM-PLS) technique using SmartPLS software. Data were collected through questionnaires distributed to several MSME respondents in Padomasan Village. The results of this study indicate that both the presence of sound system events and the intensity of visits have a positive and significant influence on the increase in MSME income in Padomasan Village. Sound system events can serve as a major attraction for visitors, increasing the number of buyers and thereby having a positive impact on MSME income. In addition, a high level of visit intensity also contributes to the growth of MSME product sales. The presence of sound system events and the frequency of visits are important factors that need to be considered in efforts to increase the income of MSMEs in Padomasan Village.
Building financially sustainable MSMEs: Sequenced capability bundles that cut APR, lift liquidity, and truncate downside risk Firdaus, Cecep Bryan
Central Community Development Journal Vol. 4 No. 2 (2024): December 2024
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/ccdj.v4i2.810

Abstract

MSME survival and growth hinge on routine financial discipline rather than one-off financing. Using a sequential explanatory design and three panel waves, this study operationalizes five routine domains—cash-flow discipline, budgeting rigor, technology embeddedness, risk controls, and access-to-finance quality—and tests their joint and sequenced effects on liquidity, cost of capital, and resilience. Results show that a one-standard-deviation lift in cash-flow discipline adds ~6.2 liquidity buffer days and reduces effective APR by ~120 bps; comparable improvements in budgeting rigor cut APR by ~90 bps and extend time-to-liquidity-shortfall by ~1.8 weeks. Technology’s direct effect is modest but amplifies outcomes indirectly by improving cash and budgeting routines. Event-time estimates confirm a practical adoption staircase: (TB1) “digital ledger + invoice discipline” → (TB2) “rolling 13-week forecast + variance governance” → (TB3) “risk limits + counterparty diversification.” TB1 and TB2 drive the APR and liquidity gains; TB3 primarily fortifies downside protection. Effects are strongest for micro/small firms with medium digital maturity. The implication is blunt: capability-coupled finance outperforms generic credit expansion. Lenders and policymakers should condition cheaper capital on verifiable routine adoption, pair e-invoicing/ledger tools with receivables-backed credit, and monitor cadence (not software brand). Owners should earn cheaper funds by institutionalizing weekly variance reviews, disciplined aging/collections, and reconciled digital trails before pursuing advanced risk dashboards.