Jurnal Ekonomi dan Bisnis Jagaditha
125-134

PETA Method for Improving Financial Performance of MSMEs in Denpasar

Luh Nik Oktarini (Universitas Hindu Indonesia, Denpasar, Bali, Indonesia)
Putu Atim Purwaningrat (Universitas Hindu Indonesia, Denpasar, Bali, Indonesia)
Rai Dwi Andayani. W (Universitas Hindu Indonesia, Denpasar, Bali, Indonesia)



Article Info

Publish Date
30 Nov -0001

Abstract

This study aims to analyze the effectiveness of the PETA (Periksa/Check, Edukasi/Educate, Implementasi/Implement, Amati/Supervise) method in improving the financial performance of Micro, Small, and Medium Enterprises (MSMEs) in Denpasar City. MSMEs play an important role in regional economies but still face various challenges, especially in financial management. The PETA method integrates four stages: checking the initial financial condition of MSMEs, providing Education through financial literacy and business management training, implementing relevant financial management strategies, and observing the implementation results for evaluation and continuous improvement. This study uses a quantitative, quasi-experimental design with a sample of 100 MSME actors. This study collected data through observation, questionnaires, and documentation, then analyzed them using multiple linear regression techniques in SPSS (Statistical Package for the Social Sciences, Windows version 21.0). The study found that the PETA (Check, Educate, Implement, Supervise) method has a positive and significant effect on the financial performance of MSMEs in Denpasar City, both partially and simultaneously. Future studies should employ a more diverse set of variables to examine their influence on MSME financial performance.

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Journal Info

Abbrev

jagaditha

Publisher

Subject

Economics, Econometrics & Finance

Description

JAGADITHA: Jurnal Ekonomi & Bisnis P-ISSN: 2355-4150, E-ISSN: 2579-8162 is a journal of economic and bussiness published by Management Deparment, Postgraduated Program, Warmadewa University, provides a forum for publishing research articles or review articles. This journal has been distributed by ...