JURNAL AKUNTANSI KEUANGAN DAN MANAJEMEN
Vol 7 No 2 (2026): Maret

Financial Factors Determinant to MSME Performance

Andromeda, Amran (Unknown)
Wahyuni, Sri (Unknown)
Tubastuvi, Naelati (Unknown)
Santoso, Suryo Budi (Unknown)



Article Info

Publish Date
06 Mar 2026

Abstract

Purpose: This study aims to examine the factors in financial management that influence the performance of MSMEs in Tegal City/Regency. Methodology/approach: The factors tested include the use of accounting information systems, choice of capital structure, capital budgeting methods, working capital management, and financial technology utilization. The research approach was quantitative, with a population of 880 respondents and 100 samples taken by purposive sampling. Data were obtained using a survey method with a Likert scale questionnaire, which was then analyzed using the Partial Least Square application. Results/findings: The results of the study indicate that in Tegal City and Regency, accounting information systems and capital structure factors have a positive impact on MSME performance, while capital budgeting, working capital, and financial technology have no effect. Conclusions: This study implies that in MSMEs in Tegal City and Regency, the use of better accounting information systems and the selection of an effective capital structure can improve performance. Limitations: Among the many MSME business sectors available, this research only examined 7 (seven) sectors. Contributions: This study contributes to the literature by showing that MSMEs in Tegal City and Regency can improve their performance by using better accounting information systems and selecting an effective capital structure.

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Journal Info

Abbrev

Jakman

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Mathematics

Description

Jurnal Akuntansi, Keuangan dan Manajemen (Jakman) adalah jurnal peer-review dalam bidang Akuntansi, Keuangan, dan Manajemen. Jakman menerbitkan artikel yang relevan dan telah direview oleh beberapa editor yang merupakan ahli di bidangnya. Jurnal ini diharapkan dapat menjadi platform yang signifikan ...