FACTORS AFFECTING THE SUCCESS OF MSMEs (Empirical Study on MSMEs in West Kalimantan)
Keywords:
AIS, Business Capital, Environmental Uncertainty, Business SuccessAbstract
The study aims to know the role of accounting information, business capital, and environmental uncertainty on the success of small and medium enterprises. The population in this study was 13,827 Micro, Small, and Medium Enterprises (MSMEs) in West Kalimantan. The sample of this study was 100 MSMEs, with a sampling method, namely purposive sampling. This type of research is quantitative research by taking data using questionnaires. Data processing techniques use regression analysis. This research shows that using accounting information, capital management, and environmental uncertainty has a positive and significant effect on the success of MSMEs. The implications of this study can increase the use of accounting information and manage the business capital they have correctly; besides that, it is also expected to increase all preparations in facing environmental uncertainty so that business success can be achieved,
Downloads
References
AlAmrani, K. (2020). Applicability of the Motivation Theories of Maslow, Herzberg and Vroom to Contemporary Business Organizations in Oman. International Journal of Economics, Business and Management Studies, 7(2), 202–213. https://doi.org/10.20448/802.72.202.213
Abu Afifa, M. M., & Saleh, I. (2021). Management accounting systems effectiveness, perceived environmental uncertainty and companies’ performance: the case of Jordanian companies. International Journal of Organizational Analysis. https://doi.org/10.1108/IJOA-07-2020-2288
Adeola, O., Gyimah, P., Appiah, K. O., & Lussier, R. N. (2021). Can critical success factors of small businesses in emerging markets advance UN Sustainable Development Goals? World Journal of Entrepreneurship, Management and Sustainable Development, 17(1), 85–105. https://doi.org/10.1108/WJEMSD-09-2019-0072
Agostini, L., Nosella, A., & Soranzo, B. (2017). Relational capital's impact on customer performance in the SME B2B sector: The moderating role of absorptive capacity. Business Process Management Journal, 23(6), 1144–1166. https://doi.org/10.1108/BPMJ-10-2016-0205
Allah, T., August, P., Bhaza, S., Chigovanyika, T., Dyan, U., Muteweye, T., Ngcoza, M., Tshiwula, N., Qambela, V., Vooi, Y., & Bruwer, J. (2013). Accounting information systems in the fast food industry: A valuable tool for small business survival. African Journal of Business Management, 7(4), 260–264. https://doi.org/10.5897/AJBM12.1307
Bowen, R. (2020). Motives to SME internationalisation: A comparative study of export propensity among food and drink SMEs in Wales and Brittany. Cross Cultural and Strategic Management, 27(1), 67–90. https://doi.org/10.1108/CCSM-08-2018-0125
Diansari, R. E., & Rahmantio, R. (2020). Faktor keberhasilan usaha pada UMKM industri sandang dan kulit di Kecamatan Wirobrajan Kota Yogyakarta. Journal of Business and Information Systems (e-ISSN: 2685-2543), 2(1), 55–62. https://doi.org/10.36067/jbis.v2i1.60
Dwika Lodia Putri, J. W. & R. F. (2016). Pengaruh Ketidakpastian Lingkungan terhadap Karakteristik Sistem Informasi Akuntansi Manajemen. Jurusan Akuntansi FE Universitas Lancang Kuning, 8(2), 144–154.
Esmeray, A. (2016). The impact of accounting information systems on firm performance: Empirical evidence in Turkish small and medium sized enterprises. International Review of Management and Marketing, 6(2), 233–236.
Eze, S. C., Olatunji, S., Chinedu-Eze, V. C., & Bello, A. O. (2018). Critical success factors influencing SME managers’ information behaviour on emerging ICT (EICT) adoption decision-making in UK SMEs. Bottom Line, 31(3–4), 250–275. https://doi.org/10.1108/BL-02-2018-0008
Fajar Istinganah, N., Pendidikan Ekonomi, J., & Ekonomi, F. (2020). Pengaruh Modal Usaha, Tingkat Pendidikan, dan Karakteristik Wirausaha Terhadap Perkembangan UKM. Eeaj, 9(2), 438–455. https://doi.org/10.15294/eeaj.v9i2.39293
Fathul Aminudin Aziz, H., & Tri Utami, H. (2019). The Influence of the Use of Accounting Information and Information Technology on the Success of Business Performance (A Survey on Micro, Small and Medium Enterprises (MSMEs) of Superior Products in Banyumas Regency). KnE Social Sciences, 3(13), 1073. https://doi.org/10.18502/kss.v3i13.4268
Ghozali, I. (2018). Aplikasi Analisis Multivariete Dengan Program IBM SPSS 25. Badan Penerbit Universitas Diponegoro.
Hazlina Ahmad, N., Ramayah, T., Wilson, C., & Kummerow, L. (2010). Is entrepreneurial competency and business success relationship contingent upon business environment?: A study of Malaysian SMEs. International Journal of Entrepreneurial Behaviour & Research, 16(3), 182–203. https://doi.org/10.1108/13552551011042780
Hien, N. A., Hung, N. K., Huong, N. C. T., Ha, D. T. N., Trung, P. T., & Thang, L. D. (2020). Determinants Influencing The Quality Of Accounting Information Systems: A Case Study Of Small And Medium Enterprises In Ho Chi Minh City. Academy of Entrepreneurship Journal, 26(2), 1–10.
Hosen, Z., Rahman, T., & Rashid, M. your. (2020). Perceived use of accounting information and practices of accounting in micro enterprises of developing countries. Journal of Accounting and Management Information Systems, 19(4). https://doi.org/10.24818/jamis.2020.04003
Jasra, J., Khan, M., Hunjra, A., Rehman, R., & Azam, R. (2010). Determinants of business success of small and medium enterprises. International Journal of Business and Social Science, 2(20), 274–280.
Kafetzopoulos, D. (2020). Organizational ambidexterity: antecedents, performance and environmental uncertainty. Business Process Management Journal, 27(3), 922–940. https://doi.org/10.1108/BPMJ-06-2020-0300
Kamau, C. G. (2021). Availability of Finance, Finance Costs, and Business Success in Kenya: Focus on the Small and Micro Enterprises. EPRA International Journal of Economics, Business …, August. https://doi.org/10.36713/epra1013
Kozielski, R. (2019). Determinants of SMEs business success – emerging market perspective. International Journal of Organizational Analysis, 27(2), 322–336. https://doi.org/10.1108/IJOA-02-2018-1343
Lisa Ernawatiningsih, N. P., & Kepramareni, P. (2019). Effectiveness of Accounting Information Systems and the Affecting Factors. International Journal of Applied Business and International Management, 4(2), 33–40. https://doi.org/10.32535/ijabim.v4i2.564
Long, Y., Li, P., & You, B. (2014). An empirical study of knowledge transfer, governance mechanisms in alliance, and environmental uncertainty. Chinese Management Studies, 8(3), 438–472. https://doi.org/10.1108/CMS-07-2013-0129
Lutfi, A. A., Md Idris, K., & Mohamad, R. (2016). The influence of technological,organizational and environmental factors on accounting information system usage among Jordanian small and medium-sized enterprises. International Journal of Economics and Financial Issues, 6(7Special Issue), 240–248.
Makarenko, E. N., Chernysheva, Y. G., Polyakova, I. A., & Makarenko, T. V. (2019). The success factors of small business. International Journal of Economics and Business Administration, 7(2), 280–288.
Nagarajan, V., Savitskie, K., Ranganathan, S., Sen, S., & Alexandrov, A. (2013). The effect of environmental uncertainty, information quality, and collaborative logistics on supply chain flexibility of small manufacturing firms in India. Asia Pacific Journal of Marketing and Logistics, 25(5), 784–802. https://doi.org/10.1108/APJML-09-2011-0065
Nurwani, N., & Safitri, A. (2019). Pengaruh Penggunaan Informasi Akuntansi terhadap Keberhasilan Usaha Kecil Menengah (Studi pada Sentra Dodol di Kec. Tanjung Pura). Liabilities (Jurnal Pendidikan Akuntansi), 2(1), 37–52. https://doi.org/10.30596/liabilities.v2i1.3332
Omri, A., Frikha, M. A., & Bouraoui, M. A. (2015). An empirical investigation of factors affecting small business success. Journal of Management Development, 34(9), 1073–1093. https://doi.org/10.1108/JMD-07-2013-0088
Pedroso, E., & Gomes, C. F. (2020). The effectiveness of management accounting systems in SMEs: a multidimensional measurement approach. Journal of Applied Accounting Research, 21(3), 497–515. https://doi.org/10.1108/JAAR-05-2018-0059
Radzi, K. M., Nazri, M., & Nor, M. (2017). The impact of internal factors on small business success: a case of small enterprises under the FELDA scheme. Asian Academy of Management Journal, 22(1), 27–55.
Sardo, F., & Serrasqueiro, Z. (2021). Determinants of working capital: empirical evidence on manufacturing SMEs. Journal of Economic Studies. https://doi.org/10.1108/JES-10-2020-0513
Tehseen, S., Johara, F., Halbusi, H. Al, Islam, M. A., & Fattah, F. A. M. A. (2021). Measuring dimensions of perceived business success among Malaysian and Bangladeshi SME owners. Rajagiri Management Journal, ahead-of-print(ahead-of-print). https://doi.org/10.1108/ramj-05-2021-0045
Tzempelikos, N., & Kooli, K. (2018). Moderating effects of environmental uncertainty on behavioural intentions in business markets – a study across theoretical perspectives. Journal of Business and Industrial Marketing, 33(7), 1037–1051. https://doi.org/10.1108/JBIM-12-2017-0308
Wu, G. C. (2013). The influence of green supply chain integration and environmental uncertainty on green innovation in Taiwan’s IT industry. Supply Chain Management, 18(5), 539–552. https://doi.org/10.1108/SCM-06-2012-0201
Yolanda, N. A., Adri, R., & Surya, S. (2020). Faktor-Faktor Yang Mempengaruhi Penggunaan Informasi Akuntansi Pada UMKM dengan Ketidakpastian Lingkungan Sebagai Variabel Moderasi ( Studi Empiris Pada UMKM Di Kabupaten Kuantan Singingi ). Jurnal Politeknik Caltex Riau, 13(1), 21–30.
