Financial Technology and Digital Marketing on MSMEs and their Impact on Financial Performance and Business Sustainability

  • Noviana Yaniar
  • Agus Dwi Sasono Department of Master Management, Narotama University
  • Agus Sukoco Department of Master Management, Narotama University
  • Amrun Rosyid Department of Master Management, Narotama University
Keywords: Metropolia community, MSMES, Financial Technology, Digital Marketing, Financial Performance, Business Sustainability

Abstract

Purpose: This study aims to analyze the effect of financial technology and digital marketing on MSMEs and their impact on financial performance and business sustainability.

Design/methodology/approach: The research uses an explanatory quantitative approach. The population in this study were all members of the Metropolia community, amounting to 155 people. The sampling technique used was purposive Data collection is done using google Forms. The data collected were analyzed using SEM-PLS.

Findings: Fintech has a positive and significant influence on the financial performance of MSMEs.  Digimart has a significant influence on the financial performance of MSMEs. Fintech has a significant influence on the business sustainability of MSMEs. Digimart does not have a significant influence on the business sustainability of MSMEs. Financial performance has a significant positive influence on the business sustainability of MSMEs.

Paper type: Research paper

Downloads

Download data is not yet available.

References

Adede, O. A., Kibera, F. N., & Owino, J. O. (2017). Electronic Marketing Practices, Competitive Environment and Performance of Telecommunications Companies in Kenya. British Journal of Marketing Studies, 5(5), 60–67. https://fardapaper.ir/mohavaha/uploads/2018/09/Fardapaper-Electronic-Marketing-Practices-Competitive-Environment-and-Performance-of-Telecommunications-Companies-in-Kenya.pdf%0Awww.eajournals.org

Adrian, A. (2019). Empowerment Strategies Of Micro, Small, Medium Enterprises (MSMEs) To Improve Indonesia Export Performance. International Journal of Economics, Business and Accounting Research (IJEBAR), 2(04), 50–60. https://doi.org/10.29040/ijebar.v2i04.222

Gujarati, D. (2020). Econometrics by Example. Palgrave Macmillan.

Laskar, N., Chakraborty, T. K., & Maji, S. G. (2017). Corporate Sustainability Performance and Financial Performance: Empirical Evidence from Japan and India. Management and Labour Studies, 42(2), 88–106. https://doi.org/10.1177/0258042X17707659

Leong, K., Sung, A., & Teissier, C. (2020). Financial Technology for Sustainable Development. In Encyclopedia of the UN Sustainable Development Goals (pp. 1–13). Springer Nature. https://doi.org/10.1007/978-3-319-95963-4_60

Moro-Visconti, R., Rambaud, S. C., & Pascual, J. L. (2020). Sustainability in FinTechs: An explanation through business model scalability and market valuation. Sustainability (Switzerland), 12(24), 1–24. https://doi.org/10.3390/su122410316

Muhyiddin, & Nugroho, H. (2021). A Year of Covid-19: A Long Road to Recovery and Acceleration of Indonesia’s Developmen. Jurnal Perencanaan Pembangunan: The Indonesian Journal of Development Planning, 5(1), 1–19. https://doi.org/10.36574/jpp.v5i1

Published
2021-11-30
Section
Articles