Christine Monica Saren (1)
This study aims to examine the influence of financial literacy on the financial performance of Micro, Small, and Medium Enterprises (MSMEs) in the Kasawari region and its surroundings. Financial literacy is considered a crucial capability that affects business owners’ financial decision-making, including capital management, budgeting, and investment planning. The research employs a quantitative approach using simple linear regression analysis. The sample consists of 50 MSME actors selected through purposive sampling. The results show that financial literacy has a positive and significant effect on MSME financial performance, with a regression coefficient of 0.68 and a significance value of 0.000. The coefficient of determination (R²) is 0.476, indicating that financial literacy explains 47.6% of the variation in financial performance. These findings reinforce previous studies that emphasize financial education as a strategic tool for local economic empowerment. The study recommends enhancing financial literacy through training and mentoring programs to strengthen MSME competitiveness and sustainability.
Arifuddin, A., Rahman, A., & Nur, M. (2023). LITERASI KEUANGAN DAN PEMANFAATAN FINTECH TERHADAP KINERJA UMKM KULINER DI KOTA KENDARI. Jurnal Ekonomi dan Bisnis Digital, 5(2), 78–89.
Atkinson, A., & Messy, F. (2012). MEASURING FINANCIAL LITERACY: RESULTS OF THE OECD/INTERNATIONAL NETWORK ON FINANCIAL EDUCATION (INFE) PILOT STUDY. OECD Publishing.
Brigham, E. F., & Houston, J. F. (2011). FUNDAMENTALS OF FINANCIAL MANAGEMENT (13th ed.). Cengage Learning.
Fikri, A. S. K. (2023). LITERASI KEUANGAN DAN AKSES PEMBIAYAAN TERHADAP KINERJA UMKM. Jurnal Manajemen dan Bisnis Indonesia, 9(1), 45–55.
Gitman, L. J., & Zutter, C. J. (2012). PRINCIPLES OF MANAGERIAL FINANCE (13th ed.). Pearson Education.
Hasanah, U. Y., & Rino. (2025). PENGARUH LITERASI KEUANGAN TERHADAP PENGELOLAAN KEUANGAN UMKM DI ERA DIGITAL. Socius: Jurnal Penelitian Ilmu-Ilmu Sosial, 3(1), 968–972. https://doi.org/10.5281/zenodo.16760465
Lusardi, A., & Mitchell, O. S. (2011). FINANCIAL LITERACY: IMPLICATIONS FOR RETIREMENT PLANNING, FINANCIAL EDUCATION, AND POLICY. Oxford University Press.
Purnamasari, E. D., & Asharie, A. (2024). DIGITALISASI UMKM, LITERASI KEUANGAN TERHADAP KINERJA KEUANGAN UMKM DI ERA NEW NORMAL PANDEMI COVID-19. Jurnal Ekonomi dan Ekonomi Syariah, 7(1), 348–360. https://doi.org/10.36778/jesya.v7i1.1416
Taufiqurrahman, & Idamiharti. (2023). ANALISIS LITERASI KEUANGAN TERHADAP KINERJA DAN KEBERLANGSUNGAN UMKM. Jurnal Ilmu Manajemen dan Bisnis, 11(2), 112–120.
Zimmerer, T. W., Scarborough, N. M., & Wilson, D. (2008). ESSENTIALS OF ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT (5th ed.). Pearson Prentice Hall.
Otoritas Jasa Keuangan. (2022). SURVEI NASIONAL LITERASI DAN INKLUSI KEUANGAN. Otoritas Jasa Keuangan.
Rahayu, R., & Day, J. (2017). E-COMMERCE ADOPTION BY SMEs IN DEVELOPING COUNTRIES: EVIDENCE FROM INDONESIA. Eurasian Business Review, 7(1), 25–41.
Suryani, T. (2017). MANAJEMEN KEUANGAN UMKM. Graha Ilmu.
Wachira, M. I., & Kihiu, E. N. (2012). IMPACT OF FINANCIAL LITERACY ON ACCESS TO FINANCIAL SERVICES IN KENYA. International Journal of Business and Social Science, 3(19), 42–50.
OECD. (2018). OECD/INFE TOOLKIT FOR MEASURING FINANCIAL LITERACY AND FINANCIAL INCLUSION. OECD Publishing.