Proceeding National Conference Business, Management, and Accounting (NCBMA)
9th National Conference Business, Management, and Accounting

INOVASI PEMBIAYAAN HIJAU (GREEN FINANCING) BAGI WIRAUSAHA MUDA: ANALISIS AKSESIBILITAS DAN DAMPAKNYA TERHADAP PERTUMBUHAN

Eriklex Donald (Universitas Dian Nusantara)
Lutfi Alhazami (Universitas Dian Nusantara)
Muhamad Al Faruq Abdullah (Universitas Dian Nusantara)
Dwi Sapto Febriantaka (Universitas Dian Nusantara)
Izmirta Rachman (Universitas Dian Nusantara)



Article Info

Publish Date
09 Jun 2026

Abstract

Green financing is increasingly promoted to accelerate the green transition, yet young entrepreneurs often face barriers in accessing green-oriented capital. This study examines (1) how green financing accessibility influences the adoption of green financing innovations and (2) how both accessibility and adoption affect young venture growth. Using a survey of 250 Indonesian young entrepreneurs (18–35 years old) and partial least squares structural equation modeling (PLS-SEM), the findings show that accessibility significantly increases adoption of green financing innovations (β = 0.52, p < 0.001). Adoption, in turn, positively affects venture growth (β = 0.41, p < 0.001), while accessibility also has a smaller but significant direct effect on growth (β = 0.21, p = 0.004), indicating partial mediation. Credibility signals (e.g., transparent disclosure, third-party verification, and reputable early backers) strengthen the effect of accessibility on adoption (β = 0.15, p = 0.031). The model explains 27% of variance in adoption and 43% of variance in growth. The novelty lies in operationalizing “green financing accessibility” as a multi-dimensional construct tailored to young entrepreneurs and testing its impact pathway to growth through innovation adoption.

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Journal Info

Abbrev

NCBMA

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Prosiding National Conference Business, Management, and Accounting (NCBMA) berisi artikel-artikel ilmiah dari para peneliti secara nasional yang mengikuti konferensi NCBMA yang diadakan rutin setiap tahun oleh Fakultas Ekonomi dan Bisnis Universitas Pelita Harapan. Prosiding National Conference ...