Pengaruh Pengelolaan Pembiayaan Dan Efisiensi Operasional Terhadap Keberlanjutan Keuangan Dengan Komitmen Manajemen Puncak Sebagai Interverning (Studi Pada SMK Islam Nurul Hikmah Sangatta Utara Kutai Timur)

Akhmad Yamsi (STIE Nusantara Sangatta)
Nuuridha Matiin (STIE Nusantara Sangatta)
Rosmiati Pakata (STIE Nusantara Sangatta)
Fatma Eka Sari (STIE Nusantara Sangatta)

Jurnal Ilmiah Raflesia Akuntansi
Vol 12 No 2 (2026): Jurnal Ilmiah Raflesia Akuntansi

This study aims to analyze the effect of financial management and operational efficiency on financial sustainability through top management commitment as an intervening variable at SMK Islam Nurul Hikmah Sangatta Utara Kutai Timur. The research used a quantitative approach with Structural Equation Modeling – Partial Least Squares (SEM-PLS) analysis. The respondents consisted of 50 educators, educational staff, and foundation management involved in school operations. The results showed that financial management and operational efficiency had a positive and significant effect on top management commitment and financial sustainability. In addition, top management commitment was proven to significantly mediate the relationship between financial management and operational efficiency on financial sustainability. These findings indicate that sustainable school financial management requires not only efficient financial and operational systems but also strong commitment from top management in implementing organizational policies effectively.