Current : Jurnal Kajian Akuntansi dan Bisnis Terkini
Vol. 7 No. 2 (2026): Current : Jurnal Kajian Akuntansi dan Bisnis Terkini

FINANCIAL LITERACY, SOCIAL CAPITAL, AND SUSTAINABLE PERFORMANCE: MEDIATING ROLES OF STRATEGIC AGILITY AND SOCIAL INNOVATION

Shelly Shintyasari (Universitas Riau,Indonesia)
Yesi Mutia Basri (Universitas Riau,Indonesia)
Novita Indrawati (Universitas Riau,Indonesia)



Article Info

Publish Date
03 Jul 2026

Abstract

Sustainable performance is increasingly important for cooperatives as they are expected to create economic, social, and environmental value simultaneously. This study examines the effects of financial literacy and social capital on sustainable performance, with strategic agility and social innovation as mediating variables. Grounded in the Resource-Based View and Dynamic Capabilities Theory, data were collected from 268 active cooperatives in Kuantan Singingi Regency, Indonesia, and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results show that financial literacy and social capital positively influence sustainable performance, with social capital emerging as the strongest predictor. Strategic agility and social innovation significantly mediate the relationship between financial literacy and sustainable performance. However, neither mediator significantly explains the effect of social capital on sustainable performance. This study contributes by validating a dual mediation framework that explains how organizational resources generate sustainable performance through different mechanisms. Financial literacy operates through capability-building processes, whereas social capital exerts a stronger direct influence. The findings extend the Resource-Based View and Dynamic Capabilities Theory and provide practical insights for enhancing cooperative sustainability.

Copyrights © 2026






Journal Info

Abbrev

jc

Publisher

Subject

Humanities Economics, Econometrics & Finance Social Sciences

Description

Jurnal Current diterbitkan oleh Program Studi Akuntansi Fakultas Ekonomi dan Bisnis Universitas Riau secara berkala 3 (tiga) kali dalam setahun yaitu bulan Maret, Juli dan November. Jurnal Current bertujuan untuk mempublikasikan hasil penelitian, pengkajian dan pengembangan terkait isu-isu terkini ...