GREEN INVESTMENT, DIGITAL TECHNOLOGY AND DIGITAL FINANCE CAPABILITY ON FINANCIAL SUSTAINABILITY

Debbi Chyntia Ovami (Universitas Muslim Nusantara Al-Washliyah)
Sari Wulandari (Universitas Muslim Nusantara Al-Washliyah)
Junita Putri Rajana Harahap (Universitas Muslim Nusantara Al-Washliyah)
Noor Marini Haji Abdullah (Universiti Teknologi Mara Kelantan)
Noreen Azella Nawi (Universiti Teknologi Mara Kelantan)
Suci Agsani (Universitas Muslim Nusantara Al-Washliyah)

International Journal of Social Science, Educational, Economics, Agriculture Research, and Technology (IJSET)
Vol. 5 No. 5 (2026): APRIL

This study aims to examine the role of Digital Finance Capability (DFC) in moderating the influence of green investment and digital technology on the financial sustainability of MSMEs. MSMEs, which play an important role in the Indonesian economy, often face obstacles in accessing technology and financing that can support financial sustainability. The method used in this study is a quantitative approach with a survey of MSMEs that have utilized digital technology and green investment. Primary data will be collected through a questionnaire distributed to MSME actors. The analysis technique used is Structural Equation Modeling (SEM) to test the relationship between the variables studied. The results of the study show that green investment does not have a significant effect on financial sustainability, while digital technology and digital finance capabilities have an effect on financial sustainability. Digital finance capabilities cannot moderate the influence of green investment and digital technology on financial sustainability.