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Mohammad Ihsan
Faculty of Economics and Business, Universitas Jambi Jambi City, Jambi 36361, Indonesia
Economics, Econometrics & Finance

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Crowdfunding on Financial Well-Being in Micro, Small and Medium Enterprises (MSMEs) Mohammad Ihsan; Firmansyah Firmansyah; Rista Aldilla Syafri; Ade Perdana Siregar
Dhana Vol. 2 No. 3 (2025): DHANA-SEPTEMBER
Publisher : Pt. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/exws1t52

Abstract

The role of MSMEs in Indonesia is expected to improve welfare for society by contributing to Gross Domestic Product (GDP). MSMEs in Indonesia have the largest number in ASEAN countries, but the contribution of MSMEs to Gross Domestic Product (GDP) is still below other countries with fewer MSMEs. The biggest factor hindering MSMEs in their business is capital problems. Technology-based innovation by distributing profits according to the composition of capital provided is called equity crowdfunding. The level of achievement of financial well-being in a business organization is based on a person's initial goal for doing business which is referred to as business financial orientation. This research answers problems based on existing facts regarding the financial well-being of MSMEs. This type of research is research using quantitative methods, namely by testing the influence of the variables in this research. This research tests the relationship or influence by connecting and providing an explanation of the phenomena related to this research. The measurement method uses Structural Equation Modeling with the use of SmartPLS software data processing tools
Co-Authors Ade Perdana Siregar Firmansyah Firmansyah Rista Aldilla Syafri