International Journal of Islamic Business and Management Review
Vol. 5 No. 2 (2025)

The Influence of Risk-Taking and Self-Confidence on MSME Performance

Wijaya, Reni Wijaya (Unknown)
Darsih, Darsih (Unknown)
Yadewani, Dorris (Unknown)
wati, Henny (Unknown)



Article Info

Publish Date
19 Dec 2025

Abstract

This study examines the influence of risk-taking and self-efficacy on the performance of MSMEs in Padang using a descriptive quantitative method and an ex post facto approach. Data was collected thru an online survey of 60 MSME actors using a standardized questionnaire. Data were analyzed using SPSS version 26 to test the relationship between variables. The results show that risk-taking and self- efficacy significantly influence MSME performance, assisting entrepreneurs in decision-making, strengthening competitiveness, and capitalizing on business opportunities. These findings indicate that psychological and sociocultural aspects play a significant role in the success of MSMEs. This research expands understanding of internal factors influencing the performance of small and medium-sized enterprises and provides recommendations for developing psychological-based training programs to promote MSME growth

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Journal Info

Abbrev

IJBMR

Publisher

Subject

Arts Economics, Econometrics & Finance Social Sciences

Description

International Journal of Islamic Business and Management Review is a peer-reviewed economic journal serving as a forum for Islamic Business Economics Scholars concerning to area of Islamic Accounting, Banking, Economics, Entrepreneurship, Finance, Human Resources Management, and Management. This ...