Articles

E-Commerce and Environmental Uncertainty Adoption in Strengthening Financial Literature on the Performance of MSMEs in the Culinary Sector in Solo

/in /by

This study has purpose (1) to analyse the effect of financial literacy on the performance of MSMEs. (2) to analyse the effect of financial literacy on the performance of MSMEs moderated by e-commerce adoption. (3) to analyse the effect of financial literacy on the performance of MSMEs moderated by environmental uncertainty. The quantitative descriptive approach was used in this study, which included 175 SMEs in the culinary sector in Solo. Data sources were acquired from primary sources utilizing a closed questionnaire technique, and the measurement scale was a 5-point Likert scale. The Pearson Correlation and Cronbach Alpha tests are used to assess the data’s quality. The data analysis technique used regression analysis with the Absolute Difference test approach, after first performing the traditional assumption test. The results of the study show (1) Financial literacy has a significant effect on the performance of MSMEs in the culinary sector in Solo City. (2) E-commerce can moderate the influence of financial literacy on the performance of MSMEs in the culinary sector in Solo City. (3) Environmental uncertainty cannot moderate the influence of financial literacy on the performance of MSMEs in the culinary sector in Solo City.

The Effect of Financial Literacy and Knowledge of Capital Market on Intention to Invest on Islamic Stock Exchange

/in /by

This study aims to find out the effect of financial literacy and knowledge capital market on intention to invest in Islamic stock exchange. Our study employed a quantitative method using survey techniques. Samples of this study were ninety-four students randomly selected from two departments of Islamic economy and banking within the Faculty of Islamic Economics and Business of  State University of Islamic Studies Datokarama Palu, Indonesia. Our study found that financial literacy variables and knowledge of the capital market have a positive and significant effect on the students’ interest in the Islamic capital market. Financial literacy played a more dominant role compared to the knowledge on the capital market variable. Our study highlighted an important point is that attracting a new generation in the Islamic capital market requires more attention from government and education institutions to provide them with sufficient knowledge and literacy of capital market and financial. Future studies need to study a better way to provide the young generation with financial literacy and capital market knowledge.