FINANCIAL RESILIENCE AND WORKING-CAPITAL DISCIPLINE IN SMALL ENTERPRISES: AN INTEGRATIVE CONCEPTUAL FRAMEWORK

Ijang Faisal (Universitas Muhammadiyah Bandung)
Fitriana (Universitas Sangga Buana YPKP, Bandung, 40124, Indonesia)

Jesocin : Journal of Jabar Economic Society Networking Forum
Vol. 2 No. 1 (2025): Jesocin : January

This conceptual paper develops an integrative framework for financial resilience and working-capital discipline in micro, small, and medium enterprises (MSMEs). It synthesizes established literature on the resource-based view, dynamic capabilities, organizational learning, absorptive capacity, social capital, resilience, and entrepreneurial ecosystems. The analysis explains how cash-flow visibility, receivable discipline, inventory control, scenario planning, and proportionate risk governance can be organized into proportionate managerial routines. No primary survey, interview, experimental, or statistical data are claimed. The framework proposes diagnosis, capability mapping, bounded experimentation, evidence review, governance, resource reconfiguration, and learning retention as a cumulative cycle. Implications are developed for owner-managers, support institutions, and future empirical research.