The Relationship of Business Strategy and MSMEs Performance: Innovation and Accounting Information System as Mediating Variables

Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 11

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play a significant role in the national economic growth. This has made the performance of MSMEs a concern for many parties, including the government, which necessitates efforts to continuously maintain and enhance their performance. The performance of MSMEs is greatly determined by how they design, implement, and manage their business strategies. Designing appropriate business strategies can provide support for MSMEs in achieving superior and sustainable performance over the long term. Business strategies that focus on growth and competitive advantage often require innovation in their implementation. To help identify the necessary resources in the implementation of business strategies, Accounting Information Systems (AIS) are also required. The objective of this research is to test the relationship between business strategies and the performance of micro-enterprises through innovation and AIS in MSMEs. The research population consists of MSMEs in the food and beverage sector in the city of Malang. The data analysis tool used is Structural Equation Modelling (SEM).

Authors and Affiliations

Novi Trisnawati, Inanda Shinta Anugrahani

Keywords

Related Articles

The Effect of Human Resources Audits and Employee Engagement on Employee Performance

Engaged employees will tend to give their best performance and do their work optimally to achieve the Company's goals. This research aims to analyze the influence of Human Resources Audit and Employee Engagement on emplo...

Developing Micro-Insurance to Expand the Scope of Social Security for the Informal Economy in Vietnam

Social security is considered a fundamental means to reduce poverty, eliminate social exclusion and promote social cohesion, but the majority of workers in the informal economy are still deprived of the right to social s...

The Existence of Subak in Responding To the Challenges of Globalization

This study describes the existence of subak as a traditional agricultural irrigation system in Bali in maintaining its existence in the midst of the rapidly changing issue of globalism. The challenge for Subak in the fut...

The Influence of Job Competence and Work Discipline on Employee Performance through Job Satisfaction as a Mediation Variable at PT. Honoris Industry Bogor City, Indonesia

The aim of this research is to determine the influence of work competency and work discipline on employee performance through job satisfaction as a mediating variable at PT Honoris Industry Bogor City. The research metho...

Lease Vs. Loan: Evidence from Bangladesh

Finance comprises mainly three decisions, namely investment decisions, financing decisions, and dividend decisions. Every decision is significant to maximize shareholders’ value. Among these three decisions, financing de...

Download PDF file
  • EP ID EP727883
  • DOI 10.47191/jefms/v6-i11-33
  • Views 60
  • Downloads 0

How To Cite

Novi Trisnawati, Inanda Shinta Anugrahani (2023). The Relationship of Business Strategy and MSMEs Performance: Innovation and Accounting Information System as Mediating Variables. Journal of Economics, Finance and Management Studies, 6(11), -. https://europub.co.uk/articles/-A-727883