Jurnal Ekonomi Dan Bisnis
Vol. 29 No. 2 (2026): JURNAL EKONOMI DAN BISNIS SEPT 2026

The The Effects of Economic and Social Factors on the Financial Performance of MSMEs in Kampung Wisata Batik

Grace Christiani (Universitas Sebelas Maret)
Dini Octoria (Universitas Sebelas Maret)



Article Info

Publish Date
15 Sep 2026

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play a vital role in economic growth and development. However, achieving sustainable financial performance remains a challenge, particularly for medium scale enterprises characterized by varying levels of capital and sales turnover. This study employed a quantitative approach to examine the partial and simultaneous effects of economic and social factors on the financial performance of MSMEs in the Kampung Wisata Batik. The study involved 100 MSME owners, all of whom were included as research respondents. Data were collected using a validated questionnaire measuring economic factors, social factors, and financial performance, and were analyzed using descriptive and inferentialstatistics. The findings indicate that economic factors positively and significantly influence MSME financial performance. Likewise, social factors exert a positive and significant effect on financial performance. Furthermore, economic and social factors jointly contribute to improved financial performance. These findings highlight the importance of strengthening access to finance and enhancing managerial experience to support sustainable business performance. Overall, the integration of favorable economic and social conditions is essential for achieving stable and profitable financial outcomes amongMSMEs.

Copyrights © 2026






Journal Info

Abbrev

jebi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal ekonomi dan Bisnis adalah jurnal yang mempublikasikan hasil -hasil penelitian dan kajian pustaka dibidang ekonomi manajemen, Akuntansi dan Bisnis. Jurnal Ekonomi dan bisnis Terbit secara berkala dua kali dalam setahun yaitu dibulan Maret dan September. ...