International Journal of Science and Environment
Vol. 6 No. 2 (2026): May 2026

The Influence of Financial Literacy and Business Management on Business Success

Nafisah Suhaila (Akutansi, Fakultas Ekonomi Dan Bisnis, Universitas Islam Kebangsaan Indonesia, Bireuen, Aceh, Indonesia)
Rizkha Maulana (Manajemen, Fakultas Ekonomi Dan Bisnis, Universitas Muhammadiayah Mahakarya Aceh,Bireuen, aceh, Indonesia)
Rauzana (Manajemen, Fakultas Ekonomi Dan Bisnis, Universitas Islam Kebangsaan Indonesia,Bireuen, Aceh, Indonesia)
Maryana (Akutansi, Fakultas Ekonomi Dan Bisnis, Universitas Islam Kebangsaan Indonesia, Bireuen, Aceh, Indonesia)
Mulyadi (Manajemen, Fakultas Ekonomi Dan Bisnis, Universitas Islam Kebangsaan Indonesia,Bireuen, Aceh, Indonesia)



Article Info

Publish Date
17 Jun 2026

Abstract

This research looks at how financial knowledge and management skills affect the success of businesses in Bireuen Regency, which is in Aceh Province. Business success is a key sign of how well a region's economy is doing, but many business people still have trouble with managing money and running their operations smoothly. This study used a quantitative method and conducted a survey. The study included all registered business people at the Department of Cooperatives and SMEs in Bireuen Regency, and 150 people were chosen as participants through a purposeful sampling method. Data was gathered using questionnaires and then examined with multiple linear regression analysis using SPSS 26 software. The findings indicate that financial literacy has a positive and significant impact on business success (β = 0.412; t = 4.873; p < 0.05), and business management also has a positive and significant effect on business success (β = 0.387; t = 4.521; p < 0.05). When both financial literacy and business management are considered together, they have a combined significant effect on business success (F = 48.672; p < 0.05), and they explain 57.3% of the variation in business success. This suggests that when business people in Bireuen Regency have better knowledge about money and stronger skills in managing their businesses, it greatly helps them achieve success.

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Journal Info

Abbrev

IJSE

Publisher

Subject

Agriculture, Biological Sciences & Forestry Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Chemistry Mathematics Physics

Description

International Journal of Science and Environment (IJSE) is to provide a research medium and an important reference for the advancement and dissemination of research results that support high-level research in the fields of Science and Environment . Original theoretical work and application-based ...