Pengaruh Daya Saing, Budaya Keuangan, dan Keputusan Pembayaran Kredit Terhadap Akses Keuangan
Keywords:
Daya Saing; Budaya Keuangan; Akses Keuangan; UKM.
Abstract
Beberapa studi empiris selama satu dekade terakhir menunjukkan bahwa akses ke
keuangan merupakan kendala UKM untuk tumbuh. Melihat kondisi ini, OJK
menetapkan peraturan terkait dengan pembiayaan online UKM (equity
crowdfunding) yang tengah boom di dunia keuangan. Penelitian ini menganalisis
pengaruh daya saing, budaya keuangan, dan keputusan pembayaran kredit terhadap
akses ke keuangan. Pengambilan sampel didasarkan pada jenis industri kecil dan
menengah. Data dikumpulkan dari penyebaran kuesioner terhadap 285 UKM di
Jepara menggunakan pendekatan door to door dan pendampingan pengisian. Data
diuji statistik untuk analisis deskriptif, validitas dan reliabilitas, dan regresi linear.
Hasil penelitian menunjukkan adanya pengaruh positif dari daya saing, budaya
keuangan, dan keputusan pembayaran kredit terhadap akses UKM ke keuangan.
Temuan ini menunjukkan pentingnya daya saing dan budaya keuangan UKM untuk
mengakses pendanaan eksternal. UKM dapat memperbaiki/meningkatkan kapasitas
dan kemauan mereka untuk mengajukan pendanaan. Hasil penelitian juga
memberikan kontribusi literasi di bidang keuangan terkait dengan aksesibilitas
UKM ke pembiayaan dan keputusan pembayaran kredit, daya saing, serta budaya
keuangan.
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Lee, N., Sameen, H., & Cowling, M. (2015). Access to Finance for Innovative SMEs Since The Financial Crisis. Research Policy, 44(2), 370–380.
Lee, N., Sameen, H., & Martin, L. (2013). Credit and the Crisis: Access to Finance for Innovative Small Firms Since the Recession.
Machmud, Z., & Huda, A. (2011). SMEs’ Access to Finance: An Indonesia Case Study. In ERIA Research Project Report 2010 14 (pp. 261–290).
McHugh, S., & Ranyard, R. (2012). Credit Repayment Decisions: The Role of Long-Term Consequence Information, Economic and Psychological Factors. Review of Behavioral Finance, 4(2), 98–112. https://doi.org/10.1108/19405971211284880
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Mertzanis, C. (2017). Marketing Financial Services and Products in Different Cultural Environments. In Information Resources Management Association (Ed.), Risk and Contingency Management: Breakthroughs in Research and Practice: Breakthroughs in Research and Practice (pp. 134–160). Hershey, USA: IGI Global.
Mutegi, H. K., Njeru, P. W., & Ongesa, N. T. (2015). Financial Literacy and its Impact on Loan Repayment by Small and Medium Enterpreneurs. International Journal of Economics, Commerce and Management, III(3), 1–28. Retrieved from http://ijecm.co.uk/
Rumyantseva, A. (2013). The Impact of Financial Culture on The Operating Rates. Saint-Petersburg University of Management and Economics, Saint-Petersburg, Russia, 169–176.
Scott, J. M., & Irwin, D. (2007). How SME Owners’ Characteristics Influences External Advice and Access to Finance. https://doi.org/10.1108/17410391111097438
Siddiqui, M. A. (2017). The Effects of Entrepreneurs Characteristics on Loan Repayment Behaviour of MSMEs. Journal of Management and Technology, 13(2), 16–21.
Statman, M. (2008). Countries and Culture in Behavioral Finance. FA Institute Conference Proceedings Quarterly. Vol. 25. No. 3, 38–44.
Treichel, M. Z., & Scott, J. A. (2006). Women-owned Businesses and Access to Bank Credit: Evidence from Three Surveys Since 1987. Venture Capital, 8(1), 51–67. https://doi.org/10.1080/13691060500453726
Van Der Post, W. Z., De Coning, T. J., & Smit, E. V. D. M. (1998). The Relationship Between Organisational Culture and Financial Performance: Some South African Evidence. South African Journal of Business Management, 29(1), 30–40. https://doi.org/10.4102/sajbm.v29i1.768
Venturelli, V. (2008). Access to Finance of Innovative SMEs. In Bridging the Equity Gap for Innovative SMEs (pp. 17–28). London: Palgrave Macmillan.
Wang, W. (2012). How The Small and Medium-Sized Enterprises’ Owners’ Credit Features Affect The Enterprises’credit Default Behavior? E3 Journal of Business Management and Economics, 3(2), 090–095. Retrieved from https://econpapers.repec.org/article/etrseries/v_3a3_3ay_3a2012_3ai_3a2_3ap_3a090-095.htm
Wellalage, N., & Locke, S. (2017). Access to Credit by SMEs in South Asia: Do Women Entrepreneurs Face Discrimination. Research in International Business and Finance, 41(October), 336–346. https://doi.org/10.1016/j.ribaf.2017.04.053
Wysokińska, Z. (2003). Competitiveness and Its Relationships with Productivity and Sustainable Development. Fibres & Textiles in Eastern Europe, 11(3), 11–14. Retrieved from http://www.fibtex.lodz.pl/42_06_11.pdf
Zsótér, B. (2018). The Aspects of Financial Culture Among Young Adults. Ekonomske Ideje i Praksa, 30, 51–71.
Ahiawodzi, A. K., & Adade, T. C. (2012). Access to Credit and Growth of Small and Medium Scale Enterprise in the Ho Municipality of Ghana. British Journal of Economics, Finance and Management Sciences, 6(2), 34–51.
Ahmedova, S. (2015). Factors for Increasing the Competitiveness of Small and Medium- Sized Enterprises (SMEs) in Bulgaria. Procedia - Social and Behavioral Sciences, 195, 1104–1112. https://doi.org/10.1016/j.sbspro.2015.06.155
Angilella, S., & Mazzù, S. (2015). The Financing of Innovative SMEs: A Multicriteria Credit Rating Model. European Journal of Operational Research, 244(2), 540–554. https://doi.org/https://doi.org/10.1016/j.ejor.2015.01.033
Anton, S. A., Muzakan, I., Muhammad, W. F., Syamsudin, & Sidiq, N. P. (2015). An Assessment of SME Competitiveness in Indonesia. Journal of Competitiveness, 7(2), 60–74. https://doi.org/10.7441/joc.2015.02.04
Arenius, P., & Autio, E. (2006). Financing of Small Businesses: Are Mars and Venus More Alike than Different? Venture Capital, 8(2), 93–107. https://doi.org/10.1080/13691060500433793
BPS Jepara. (2016). Tabel Dinamis Banyaknya Unit Usaha dan Tenaga Kerja Dirinci.
Breuer, W., & Quinten, B. (2009). Cultural Finance. Available at SSRN 1282068. https://doi.org/http://dx.doi.org/10.2139/ssrn.1282068
Carvalho, L., & Costa, T. (2014). Small and Medium Enterprises (SMEs) and Competitiveness: An Empirical Study. Management Studies, 2(2), 88–95.
Ceptureanu, S. lon. (2015). Competitiveness of SMEs. Business Excellence and Management, 5(2), 55–67.
Csiszárik-kocsir, Á., Varga, J., & Fodor, M. (2016). The Value Based Analysis of the Financial Culture. The Journal of Macrotrends in Social Science, 2(1), 89–100.
Demirgüç-Kunt, A., Honohan, P., & Beck, T. (2008). Finance for All: Policies and Pitfalls in Expanding Access. Washington DC: The World Bank.
Fowowe, B. (2017). Access to Finance and Firm Performance: Evidence from African Countries. Review of Development Finance, 7(1), 6–17. https://doi.org/10.1016/j.rdf.2017.01.006
Gazanchyan, N. S., Hashimzade, N., Rodionova, Y., & Vershinina, N. (2017). Gender, Access to Finance, Occupational Choice, and Business Performance, CESifo Working Paper, No. 6353, Center for Economic Studies and Ifo Institute (CESifo), Munich.
Harash, E., Al-timimi, S., & Alsaadi, J. (2014). The Influence of Finance on Performance of Small and Medium Enterprises ( SMES ). International Journal of Engineering and Innovative Technology, 4(3), 161–167.
Ikasari, N., Sumransat, T., Eko, U., & Kusumastuti, R. (2016). Access of Small and Medium Enterprises to Finance in Rural Areas: Case of Indonesia and Thailand. International Journal of Economics and Management Engineering, 10(5), 1661–1668.
Ismanto, H., & Diman, T. (2014). Analisis Efektivitas Pemberian Pinjaman Program Pembiayaan UMKM oleh Koperasi. Jurnal Economia, 10(2), 148–164. https://doi.org/10.21831/economia.v10i2.7541
Karaev, A., Koh, S. C. L., & Szamosi, L. T. (2007). The Cluster Approach and SME Competitiveness: A Review. Journal of Manufacturing Technology Management, 18(7), 818–835. https://doi.org/10.1108/17410380710817273
Laureti, T., & Viviani, A. (2011). Competitiveness and Productivity: A Case Study of Italian Firms. Applied Economics, 43(20), 2615–2625. https://doi.org/10.1080/00036840903357439
Lee, N., Sameen, H., & Cowling, M. (2015). Access to Finance for Innovative SMEs Since The Financial Crisis. Research Policy, 44(2), 370–380.
Lee, N., Sameen, H., & Martin, L. (2013). Credit and the Crisis: Access to Finance for Innovative Small Firms Since the Recession.
Machmud, Z., & Huda, A. (2011). SMEs’ Access to Finance: An Indonesia Case Study. In ERIA Research Project Report 2010 14 (pp. 261–290).
McHugh, S., & Ranyard, R. (2012). Credit Repayment Decisions: The Role of Long-Term Consequence Information, Economic and Psychological Factors. Review of Behavioral Finance, 4(2), 98–112. https://doi.org/10.1108/19405971211284880
McHugh, S., & Ranyard, R. (2016). Consumers’ Credit Card Repayment Decisions: The Role of Higher Anchors and Future Repayment Concern. Journal of Economic Psychology, 52(February), 102–114. https://doi.org/10.1016/j.joep.2015.12.003
Mertzanis, C. (2017). Marketing Financial Services and Products in Different Cultural Environments. In Information Resources Management Association (Ed.), Risk and Contingency Management: Breakthroughs in Research and Practice: Breakthroughs in Research and Practice (pp. 134–160). Hershey, USA: IGI Global.
Mutegi, H. K., Njeru, P. W., & Ongesa, N. T. (2015). Financial Literacy and its Impact on Loan Repayment by Small and Medium Enterpreneurs. International Journal of Economics, Commerce and Management, III(3), 1–28. Retrieved from http://ijecm.co.uk/
Rumyantseva, A. (2013). The Impact of Financial Culture on The Operating Rates. Saint-Petersburg University of Management and Economics, Saint-Petersburg, Russia, 169–176.
Scott, J. M., & Irwin, D. (2007). How SME Owners’ Characteristics Influences External Advice and Access to Finance. https://doi.org/10.1108/17410391111097438
Siddiqui, M. A. (2017). The Effects of Entrepreneurs Characteristics on Loan Repayment Behaviour of MSMEs. Journal of Management and Technology, 13(2), 16–21.
Statman, M. (2008). Countries and Culture in Behavioral Finance. FA Institute Conference Proceedings Quarterly. Vol. 25. No. 3, 38–44.
Treichel, M. Z., & Scott, J. A. (2006). Women-owned Businesses and Access to Bank Credit: Evidence from Three Surveys Since 1987. Venture Capital, 8(1), 51–67. https://doi.org/10.1080/13691060500453726
Van Der Post, W. Z., De Coning, T. J., & Smit, E. V. D. M. (1998). The Relationship Between Organisational Culture and Financial Performance: Some South African Evidence. South African Journal of Business Management, 29(1), 30–40. https://doi.org/10.4102/sajbm.v29i1.768
Venturelli, V. (2008). Access to Finance of Innovative SMEs. In Bridging the Equity Gap for Innovative SMEs (pp. 17–28). London: Palgrave Macmillan.
Wang, W. (2012). How The Small and Medium-Sized Enterprises’ Owners’ Credit Features Affect The Enterprises’credit Default Behavior? E3 Journal of Business Management and Economics, 3(2), 090–095. Retrieved from https://econpapers.repec.org/article/etrseries/v_3a3_3ay_3a2012_3ai_3a2_3ap_3a090-095.htm
Wellalage, N., & Locke, S. (2017). Access to Credit by SMEs in South Asia: Do Women Entrepreneurs Face Discrimination. Research in International Business and Finance, 41(October), 336–346. https://doi.org/10.1016/j.ribaf.2017.04.053
Wysokińska, Z. (2003). Competitiveness and Its Relationships with Productivity and Sustainable Development. Fibres & Textiles in Eastern Europe, 11(3), 11–14. Retrieved from http://www.fibtex.lodz.pl/42_06_11.pdf
Zsótér, B. (2018). The Aspects of Financial Culture Among Young Adults. Ekonomske Ideje i Praksa, 30, 51–71.
Published
2021-05-31
How to Cite
Ismanto, H., Hartanti, S., Mustagfiroh, D., & Andrian Nofian, A. (2021). Pengaruh Daya Saing, Budaya Keuangan, dan Keputusan Pembayaran Kredit Terhadap Akses Keuangan . Jurnal Manajemen Dan Keuangan, 10(1), 43-50. https://doi.org/10.33059/jmk.v10i1.2926
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