THE EFFECT OF DIGITAL INNOVATION, FINTECH AND SUSTAINABILITY REPORT ON THE FINANCIAL PERFORMANCE OF TEGAL CITY SMEs
Keywords:
Digital innovation, Fintech, Sustainability Report, Financial PerformanceAbstract
Financial performance shows the company's ability to manage existing resources effectively or not. The purpose of this study is to analyze whether digital innovation, fintech and sustainability reports have an effect on financial performance. The research method is to use a type of quantitative research with primary data sources, namely distributing questionnaires to respondents. The population in this study is all MSME actors in Tegal City. The sampling technique used in this research is non-probability sampling with purposive sampling. The analytical tool used is multiple regression analysis with the help of SPSS. The results of the research partially show that digital innovation has a significant positive effect on financial performance. Fintech has no significant effect on the financial performance of Tegal City SMEs. Sustainability Report has no significant effect on financial performance. The results of the study simultaneously show that digital innovation, fintech and sustainability reports have a significant effect on financial performance.
Downloads
References
Arthur, S., Abanis, T., Eliab, B., and Sumil, N. (2013). Financial Performance in the Selected Microfinance Institutions in Uganda. International Journal of Engineering Research & Technology (IJERT), 2(2), 1–11.
Bukhori, Mochamad Rizki Triansyah dan Sopian, D. (2017). Pengaruh Sustainability Terhadap Kinerja Keuangan. Sikap, 2(1), 20–34.
Destiana, J. S. dan R. (2016). Kinerja Keuangan UMKM di Kabupaten Cirebon Sebelum dan Sesudah Mendapatkan Pembiayaan Syariah. 2, 93–103.
Hasyim, H., Lumbantobing , M., Mawarta Siregar , H., & Melani Aruan, N. I. (2023). Analysis Of The Role Of People’s Business Credit (KUR), Exchange Rate, And Exports, And Their Relationship To GRDP Of North Sumatra 2016 – 2020. MAR-Ekonomi: Jurnal Manajemen, Akuntansi Dan Rumpun Ilmu Ekonomi, 1(02), 62–69.
Dewi, I. A. P. P. P., Putra, I. P. M. J. S., & Endiana, I. D. M. (2019). Pengaruh Sustainability Report Terhadap Kinerja Keuangan Perusahaan Dan Kinerja Pasar Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia. Kumpulan Hasil Riset Mahsiswa Akuntansi (KHARISMA), 1(1), 263–275.
Fadilah, A., Syahidah, A. nur’azmi, Risqiana, A., Nurmaulida, A. sofa, Masfupah, D. D., & Arumsari, C. (2021). Pengembangan Usaha Mikro, Kecil, Dan Menengah Melalui Fasilitasi Pihak Eksternal Dan Potensi Internal. BERNAS: Jurnal Pengabdian Kepada Masyarakat, 2(4), 892–896. https://doi.org/10.31949/jb.v2i4.1525
Fitriasandy, A. L., & Anam, A. K. (2022). Pengaruh Pengelolaan Keuangan, Financial Teknologi, dan Modal Sosial Terhadap Kinerja UMKM. Jurnal Rekognisi Manajemen, 6, 1–12. https://ejournal.unisnu.ac.id/JRM/article/view/3605.
Ghozali, Imam. 2018. Aplikasi Analisis Multivariate dengan Program IBM SPSS 25. Badan Penerbit Universitas Diponegoro: Semarang
Gusti, Girang Permata Dan Yulianto, Rudi Triadi (2022). The Role of Digital Innovation in Improving Financial Performance in MSMEs in Indonesia. Journal of International Conference Proceedings (JICP) Vol.5 No.3.
Hamidah, N., Prihatni, R., & Ulupui, I. (2020). The Effect Of Financial Literacy , Fintech ( Financial Technology ) and Intellectual Capital On The Performance Of MSMEs In Depok City , West Java. Journal of Social Science.
Indriastuti, Maya Dan Kartika Indri (2022). The Impact of Digitalization on MSMEs’ Financial Performance:The Mediating Role of Dynamic Capability. urnal Economia, Volume 18. No 2.
Irma, S., & Lestari, N. (2021). Pengaruh Sustainability Report terhadap Kinerja Keuangan Perusahaan. Journal of Applied Managerial Accounting, 5(2).
Ismail Albalushi, K., & Naqshbandi, M. M. (2022). Factors Affecting Success and Survival of Small and Medium Enterprises in the Middle East. Knowledge, 2(3), 525–538. https://doi.org/10.3390/knowledge2030031
Jusmarni, J. (2016). Pengaruh Sustainability Reporting Terhadap Kinerja Keuangan dari Sisi Market Value Ratios dan Asset Management Ratios. Sorot, 11(1), 29. https://doi.org/10.31258/sorot.11.1.3867
Kristianti, I., & Tulenan, M. V. (2021). Dampak financial technology terhadap kinerja keuangan Perbankan. Kinerja, 18(1), 57–65. Journal.feb.unmul.
Lestari, D. A., Purnamasari, E. D., & Setiawan, B. (2020). Pengaruh Payment Gateway terhadap Kinerja Keuangan UMKM. Jurnal Bisnis, Manajemen, Dan Ekonomi, 1(1), 1–10. https://doi.org/10.47747/jbme.v1i1.20
Mangifera, L., Wajdi, F., Amalia, F., & Uswatun Khasah, A. (2022). The Role of Digital Innovation in SMEs: A Financial Performance Perspective. Jurnal Manajemen Universitas Bung Hatta, 17(2), 157–170. https://doi.org/10.37301/jmubh.v17i2.20184
Manne, F. (2022). Indonesian Journal of Business and Management Di Kota Makassar Sharia Financial Digitalization Practices on the Financial Performance of MSMEs in Makassar City. 5(1), 173–177. https://doi.org/10.35965/jbm.v5i1.2016
Marginingsih, R. (2021). Financial Technology (Fintech) Dalam Inklusi Keuangan Nasional di Masa Pandemi Covid-19. Moneter - Jurnal Akuntansi Dan Keuangan, 8(1), 56–64. https://doi.org/10.31294/moneter.v8i1.9903
Nambisan, S., Lyytinen, K., Majchrzak, A., & Song, M. (2017). Innovation Management Research in a Digital World. Distribution, 41(1), 223–238.
Nur Fauziah, N., & Wahyuningtyas, R. (2020). Pengaruh Implementasi Inovasi Digital Terhadap Kinerja Perusahaan Berdasarkan Persepsi Karyawan (Studi Kasus Pada Pt. Indonesia Power Upjp Kamojang). Jurnal Mitra Manajemen, 4(9), 1378–1392. https://doi.org/10.52160/ejmm.v4i9.462
Octavina, L., & Rita, M. (2021). Digitalisasi umkm, literasi keuangan, dan kinerja keuangan : Studi pada masa pandemi Covid-19. STIE Perbanas Press 2021, 11, 73–92. https://doi.org/10.14414/jbb.v11i1.2552
Ortiz-Martínez, E., Marín-Hernández, S., & Santos-Jaén, J. M. (2023). Sustainability, corporate social responsibility, non-financial reporting and company performance: Relationships and mediating effects in Spanish small and medium sized enterprises. Sustainable Production and Consumption, 35, 349–364. https://doi.org/10.1016/j.spc.2022.11.015
Permata Sari, I. A., & Andreas, H. H. (2019). Pengaruh Pengungkapan Sustainability Reporting terhadap Keuangan Perusahaan di Indonesia. International Journal of Social Science and Business, 3(3), 206. https://doi.org/10.23887/ijssb.v3i3.20998
Pertiwi, U. M. (2020). Penerapan Financial Technology dan Peningkatan literasi keuangan Untuk Strategi Penguatan Bisnis UMKM di Kalimantan Barat. … Dari Https://Pascasarjanafe. Untan. Ac. Id, 365–376. http://pascasarjanafe.untan.ac.id/wp-content/uploads/2021/01/34.pdf
Sari, P. P., & Septyarini, E. (2018). Pengaruh Financial Technology Terhadap Kepuasan Keuangan (Studi Kasus Pada Pedagang Di Pasar Beringharjo Yogyakarta), 1(1), 2684–7957.
Siska, E. (2022). Financial Technology (FinTech) and Its Impact on Financial Performance of Islamic Banking. ARBITRASE: Journal of Economics and Accounting, 2(3), 102–108. https://doi.org/10.47065/arbitrase.v2i3.338
Siswanto, R., Pramono, S. E., & Ismal, R. (2022). Financial Performance, Macroeconomics, And Systematic Risk On Islamic Stocks Of Manufacturing Entities. Jurnal Akuntansi Dan Keuangan Islam, 10(1), 75–88. https://doi.org/10.35836/jakis.v10i1.310
Subanidja, S., Legowo, M., & Sorongan, F. (2021). The Impact of FinTech on The Financial and Banking Sustainable Performance: Disruption or Collaboration. https://doi.org/10.4108/eai.1-10-2020.2304698
Hasanudin, H. (2023). Applying the Principles of Good Corporate Governance in Corporate Financial Management. MAR-Ekonomi: Jurnal Manajemen, Akuntansi Dan Rumpun Ilmu Ekonomi, 1(02), 49–55.
Su, Y., Li, Z., & Yang, C. (2021). Spatial Interaction Spillover Effects between Digital Financial Technology and Urban Ecological Efficiency in China: An Empirical Study Based on Spatial Simultaneous Equations. J. Environ. Res. Public Health, 18. https://doi.org/10.3390/ijerph18168535
Tanjung, M. F., & Aulia, D. (2022). Dampak Financial Technology (Fintech) Dan Intellectual Capital Terhadap Kinerja Keuangan Perbankan Komersial di Indonesia. SEIKO: Journal of Management & …, 4(3), 413–426. https://doi.org/10.37531/sejaman.v4i3.2634
Udi, W. I. (2020). Pengaruh Fintech Terhadap Kinerja Keuangan Perbankan Syariah. Konstruksi Pemberitaan Stigma Anti-China Pada Kasus Covid-19 Di Kompas.Com, 68(1), 1–12. http://dx.doi.org/10.1016/j.ndteint.2014.07.001%0Ahttps://doi.org/10.1016/j.ndteint.2017.12.003%0Ahttp://dx.doi.org/10.1016/j.matdes.2017.02.024
Winarto, W. W. A. (2020). Effect Of Sharia Financial Technology in Small and Medium Enterprises (SME). Annals of the University of Craiova for Journalism, Communication and Management, 6, 191–208.