PENGARUH LITERASI, LIKUIDITAS DAN INKLUSI KEUANGAN TERHADAP KINERJA UMKM DENGAN DUKUNGAN PEMERINTAH SEBAGAI MEDIASI
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Abstract
Penelitian ini bertujuan untuk menganalisis pengaruh literasi keuangan, likuiditas keuangan, dan inklusi keuangan terhadap kinerja UMKM, dengan dukungan pemerintah sebagai variabel mediasi. Penelitian ini menggunakan pendekatan kuantitatif dengan pengumpulan data dari 264 responden yang merupakan pemilik UMKM di wilayah Jabodetabek. Analisis data dilakukan menggunakan Partial Least Squares (PLS) versi 4.0 untuk mengevaluasi model struktural dan hubungan antar variabel. Hasil penelitian menunjukkan bahwa literasi keuangan tidak memiliki pengaruh signifikan terhadap kinerja UMKM. Sebaliknya, likuiditas keuangan memiliki pengaruh positif dan signifikan terhadap kinerja UMKM, yang mengindikasikan bahwa kemampuan UMKM dalam menjaga likuiditas menjadi faktor penting untuk meningkatkan performa usaha. Sementara itu, inklusi keuangan tidak berpengaruh langsung terhadap kinerja UMKM, namun memiliki pengaruh positif terhadap dukungan pemerintah. Dukungan pemerintah terbukti memiliki pengaruh positif langsung terhadap kinerja UMKM, sekaligus berperan sebagai mediator signifikan antara inklusi keuangan dan kinerja UMKM. Penelitian ini menegaskan pentingnya peran pemerintah dalam mendukung kinerja UMKM melalui kebijakan yang memperluas akses layanan keuangan dan memberikan bantuan yang relevan. Temuan ini memberikan implikasi praktis bagi pengambil kebijakan dan pelaku usaha untuk memperkuat likuiditas, memanfaatkan dukungan pemerintah, dan mempromosikan inklusi keuangan guna memastikan keberlanjutan dan pertumbuhan UMKM secara berkelanjutan.
This study aims to analyze the effect of financial literacy, financial liquidity, and financial inclusion on the performance of MSMEs, with government support as a mediating variable. The research adopts a quantitative approach, collecting data from 264 respondents who are MSME owners in the Greater Jakarta area (Jabodetabek). The data were analyzed using Partial Least Squares (PLS) version 4.0 to evaluate the structural model and variable relationships. The results show that financial literacy does not have a significant effect on MSME performance. On the other hand, financial liquidity has a positive and significant impact, indicating that the ability of MSMEs to maintain adequate liquidity is crucial for improving business performance. Financial inclusion does not directly affect MSME performance but has a positive impact on government support. Furthermore, government support has a positive and significant effect on MSME performance and serves as an effective mediator between financial inclusion and MSME performance. This study highlights the critical role of government support in enhancing MSME performance, particularly through policies that expand access to financial services and provide relevant assistance. The findings offer practical implications for policymakers and business practitioners, emphasizing the need to strengthen financial liquidity, optimize government support, and promote financial inclusion to ensure sustainable MSME development.
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