PENGARUH LITERASI KEUANGAN DAN INKLUSI KEUANGAN DIGITAL TERHADAP KINERJA KEUANGAN UMKM DI KOTA DENPASAR
Keywords:
Financial Literacy, Digital Financial Inclusion, Financial Performance, MSMEs, SEM-PLSAbstract
This study analyzes the influence of financial literacy and digital financial inclusion on the financial performance of MSMEs in Denpasar City, considering the mediating role of digital financial inclusion. This quantitative research employed a cross-sectional approach using purposive sampling of 150 MSME owners across four sub-districts in Denpasar City. Data were collected through structured questionnaires and analyzed using Structural Equation Modeling (SEM) with SmartPLS 3.0. Financial literacy significantly influences financial performance (β = 0.326, t = 4.127, p < 0.001). Digital financial inclusion significantly affects financial performance (β = 0.418, t = 5.293, p < 0.001). Digital financial inclusion partially mediates the relationship between financial literacy and financial performance (indirect effect = 0.218, p < 0.001, VAF = 40.1%). Significant differences in financial performance were found based on business sector (p = 0.024), but not by gender, age, or education level. Simultaneous improvement of financial literacy and adoption of digital financial technology can enhance MSME financial performance in Denpasar City. The research model explains 58.3% of the variation in MSME financial performance).Downloads
References
Abdallah, A. H., Sulaiman, A. A., & Rosli, M. M. (2024). Digital financial literacy and SME performance: The mediating role of digital financial inclusion. Journal of Business Research, 168, 114-126.
Amriani, N., Latief, F., & Sari, D. P. (2024). Pengaruh literasi keuangan terhadap manajemen keuangan UMKM di Kabupaten Gowa. Jurnal Ekonomi dan Bisnis, 15(2), 145-158.
Awwaliyah, I. N., Handayani, N., & Widyasari, R. (2023). Hubungan literasi keuangan digital dengan kinerja keuangan UMKM sektor pariwisata. Jurnal Akuntansi dan Keuangan, 25(3), 234-248.
Bank Indonesia. (2014). Booklet Keuangan Inklusif. Jakarta: Bank Indonesia.
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120.
Buchdadi, A. D., Sholeha, A., Ahmad, G. N., & Mukson. (2020). The influence of financial literacy on SMEs performance through access to finance and financial risk attitude as mediation variables. Academy of Accounting and Financial Studies Journal, 24(5), 1-16.
Chen, H., & Volpe, R. P. (1998). An analysis of personal financial literacy among college students. Financial Services Review, 7(2), 107-128.
Davis, F. D. (1989). Perceived usefulness, perceived ease of use, and user acceptance of information technology. MIS Quarterly, 13(3), 319-340.
Dinas Koperasi dan UKM Kota Denpasar. (2024). Data UMKM Kota Denpasar. Denpasar: Pemerintah Kota Denpasar.
Dinas Koperasi dan UKM Provinsi Bali. (2024). Statistik UMKM Provinsi Bali Tahun 2024. Denpasar: Pemerintah Provinsi Bali.
Ernawati, E., Susilo, H., & Hidayat, R. R. (2024). Pengaruh literasi keuangan, inklusi
keuangan, dan manajemen keuangan terhadap kinerja UMKM. Jurnal Administrasi Bisnis, 128(1), 78-89.
Faisol, A., Mukhlis, I., & Utomo, S. H. (2024). Peran inklusi keuangan dalam memediasi pengaruh literasi keuangan terhadap kinerja UMKM di Kecamatan Tanggulangin. Jurnal Ekonomi dan Bisnis Islam, 10(1), 45-62.
Fauziah, F., Irwansyah, I., & Nidar, S. R. (2024). The role of financial literacy and financial technology adoption on MSME performance. Asia Pacific Journal of Innovation and Entrepreneurship, 18(2), 156-173.
Hair, J. F., Risher, J. J., Sarstedt, M., & Ringle, C. M. (2019). When to use and how to report the results of PLS-SEM. European Business Review, 31(1), 2-24.
Huston, S. J. (2010). Measuring financial literacy. Journal of Consumer Affairs, 44(2), 296-316.
Ibitomi, T., Akinyemi, F. O., & Olajide, A. A. (2024). Financial attitude and business performance of MSMEs: Evidence from Nigeria. African Journal of Business Management, 18(3), 89-102.
Idawati, I. A. A., & Pratama, I. G. S. (2020). Pengaruh literasi keuangan terhadap kinerja dan keberlangsungan UMKM di Kota Denpasar. E-Jurnal Manajemen Universitas Udayana, 9(4), 1467-1490.
Jumingan. (2006). Analisis Laporan Keuangan. Jakarta: Bumi Aksara.
Kusuma, I. C., Wijayangka, C., & Kartawinata, B. R. (2021). The effect of financial literacy and financial inclusion on MSMEs performance in Solo Raya. Jurnal Manajemen dan Kewirausahaan, 23(1), 28-38.
Mamduh, M., Suwarno, S., & Astuti, E. S. (2024). Mediasi kemampuan inovasi pada pengaruh literasi keuangan terhadap kinerja UMKM makanan dan minuman. Jurnal Aplikasi Manajemen, 22(1), 112-128.
Marsenta, I. M. A., & Wirawan, I. M. D. (2024). Peran inklusi keuangan digital dalam memediasi pengaruh literasi keuangan digital terhadap kinerja bisnis UMKM di Bali. Jurnal Manajemen dan Bisnis, 21(2), 167-184.
Monica, R., & Ruzikna. (2024). Pengaruh literasi keuangan terhadap kinerja keuangan UMKM sektor kuliner di Kota Pekanbaru. Jurnal Online Mahasiswa Fakultas Ekonomi, 7(1), 234-250.
Otoritas Jasa Keuangan. (2020). Strategi Nasional Literasi Keuangan Indonesia 2021-2025. Jakarta: Otoritas Jasa Keuangan.
Rahayu, S., Setiawan, M., & Iswahyudi, H. (2023). Pentingnya digitalisasi bagi UMKM informal dalam memasuki ekonomi formal. Jurnal Ekonomi dan Kebijakan Publik, 14(2), 189-205.
Rani, L. N., & Desiyanti, R. (2024). Pengaruh digital payment dan e-commerce terhadap kinerja UMKM makanan dan minuman di Kota Padang. Jurnal Ecogen, 7(1), 78-92.
Rani, M. D. P., Suhartini, S., & Widodo, J. (2024). Pengaruh literasi keuangan dan inklusi keuangan terhadap kinerja keuangan UMKM kuliner di Kabupaten Malang. Jurnal Ilmiah Mahasiswa FEB, 12(2), 1-18.
Sanistasya, P. A., Rahardjo, K., & Iqbal, M. (2019). The effect of managerial competencies on business performance through entrepreneurial competence mediation. Jurnal Aplikasi Manajemen, 17(2), 305-318.
Suryanto, S., Kusuma, P. D. I., & Haryanto, A. T. (2024). The impact of financial literacy on the performance of MSMEs in Yogyakarta: The role of digital adoption. Journal of Asian Finance, Economics and Business, 11(2), 145-159.
Wijaya, C., Kusumawati, A., & Arifin, Z. (2024). Analisis pengaruh literasi keuangan dan orientasi kewirausahaan terhadap kinerja UMKM di Bangkalan. Jurnal Ekonomi Modernisasi, 20(1), 34-48.
