The Influence of Financial Literacy on Coffee SMEs Sustainability Through Access to Finance, Financial Risk Attitude, and Entrepreneurship Experience as Mediating Variables in Jabodetabek & Bandung
| Main Authors: | Moulyni, Aisyah; School of Business and Management, Institut Teknologi Bandung, Nainggolan, Yunieta Anny; School of Business and Management, Institut Teknologi Bandung |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Proceedings of International Conference on Management in Emerging Markets (ICMEM) SBM ITB
, 2022
|
| Online Access: |
https://journal.sbm.itb.ac.id/index.php/ProceedingSBMITB/article/view/4687 https://journal.sbm.itb.ac.id/index.php/ProceedingSBMITB/article/view/4687/1577 |
Daftar Isi:
- Small and medium enterprises are playing a big role in the economic growth in most developing countries, especially in Indonesia. And the coffee sector is emerging rapidly for the last 5 years. Thus, the purpose of this study was to examine the determinant variable of the Coffee SME's sustainability by assessing their owner's financial literacy. With taking financial risk attitude, business experience, and access to finance as the mediating variable, the approach will be quantitative with structural equation modeling (SEM) is used to analyze the data. The sample included 101 CEO & CFO of all Coffee shop around Jabodetabek and Bandung. The output of the data analysis shows that financial literacy, access to finance, and entrepreneurship experience positively affected the Coffee SMEs sustainability. While access to finance, financial risk attitude, and entrepreneurship experience partially mediates financial literacy and Coffee SMEs sustainability. The implication of the findings later will be used to adding perspective for most SMEs owners to be more aware of their own knowledge-based resources, or here, we call it financial literacy. Keywords: Financial Literacy, Access to Finance, Financial Risk Attitude, Entrepreneurship Experience, SME sustainability.