Financial Accessibility of Small and Medium Enterpraise (SMEs) in Surakarta City
Abstract
Small and Medium Enterprise (SMEs) is priority economics sector until 65 percent in Indonesia. It had been priorities focus of government policy to financial access in banking helped SMEs. The research is aim to analyze the influence of SMEs Characteristic, Financial Literacy, and Lending Term toward Financial Accessi- bility SMEs in Surakarta city. The research had sample from SMEs registered in SMEs government in Surakarta city is 100 sample. Sample of the research with proportionate stratified random sam- pling technique. Methodology in this research is regression. The Re- sult of this research state that the SMEs Characteristics, Financial Literacy, and Lending term positif toward Financial Accessibility
Keywords: Financial Accessibility, Financial Literacy, Lending Term, SMEs Characteristics
JEL Classification: G32, L22,L26
Full text article
References
Allee, K., & Yohn, T. L. (2009). The Demand for Financial Statements in an Unregulated Environment: An Examination of the Production and Use of Financial Statements by Privately Held Small Businesses. THE ACCOUNTING REVIEW
Badan Pusat Statistik. (2018). Hasil Pendaftaran Usaha/ Perusahaan Sensus Ekonomi 2018 Result of Estabilishment Listing of Economic Census 2018 Jawa Tengah Province.
Badan Pusat Statistik. (2020). Laporan Bulanan Data Sosial Ekonomi Februari 2020
BI, & LPPI. (2015). Profil Bisnis Usaha Mikro, Kecil Dan Menengah (UMKM).
Chebet, A. (2016). Factors Influencing Access to Credit by Youth Entrepreneurs in Sotik Sub-Coun- try Bomet Country, Kenya. University of Nairobi.
Financial Service Authority. (2019). Laporan Profil Industri Perbankan Triwulanan Financial Service Authority, Statistik Perbankan Indonesia, Maret 2019
Hidajat, T. (2015). Literasi Keuangan. Semarang: STIE BPD Jateng.
Kira, A. R. (2013). The Evaluation of the Factors influence the Access to Debt Financing by Tanzanian SMEs. European Journal of Business and Management, 5(7).
Korutaro Nkundabanyanga, S., Kasozi, D., Nalukenge, I., & Tauringana, V. (2014). Lending terms, financial literacy and formal credit accessibility. International Journal of Social Economics, 41(5), 342–361.https://doi.org/10.1108/IJSE-03-2013-0075
Lusimbo, Evelyn Nekesa dan Willy Muturi. 2016. Financial Literacy and The Growth of Small Enterprises in Kenya; A Case of Kakamega Central Sub - Country, Kenya. Internasional Journal of Economics, Commerce dan Management Vol 4.
Muhamad. (2014). Manajemen Keuangan Syari’ah: Analisis Fiqh & Keuangan, Yogyakarta: UPP STIM YKPN.
Mulandi, B. M., & Kisaka, S. (2017). Factors Influence Credit Access for Firms in the Biogas Sub Sector in Kenya. International Journal of Finance, 2(3).
Myers, S. C. (1984). The Capital Structure Puzzle. The Journal of Finance, XXXIX(3), 575– 592.
Nkuah, J. K., Tanyeh, J. P., & Gaeten, K. (2013). Financing Small and Medium Enterprises (SMES) in Ghana: Challenges and Determinants in Accessing Bank Credit. Inter- national Journal of Research In Social Sciences, 2(3).
Nkundabanyanga, Kasozi, Nalukenge & Tauringana (2014). Lending terms, Financial Liter- acy and Formal Credit Accessibility. International Journal of Social Economics.
Oktavianti, V., Hakim, M. ., & Kunaifi, A. (2017). Pengaruh Literasi Keuangan dan Pers- yaratan Kredit terhadap Akses Kredit Formal pada UMKM di Surabaya
PS, Djarwanto, 2001, Statistik Sosial Ekonomi, (Yogyakarta: BPFE).
Rivai, Veithzal dan Rifki Ismal, Islamic Risk management for Islamic Bank Risiko bukan un- tuk Ditakuti, tapi Dihadapi dengan Cerdik, Cerdas dan Profesional. Jakarta: Gramedia Pustaka Utama, 2013.
Sekaran, Uma. (2000). Research Methods for Business, A Akill-Building Approach. America: Thirt Edition, John Wiley & Sons, Inc.
Soeratno and Lincolin Arsyad, Metodologi Penelitian untuk Ekonomi dan Bisnis, edisi revisi,
Yogyakarta: UPP STIM YKPN, 2008
Sugiartoto, A. D. (2003). Perencanaan Pembangunan Partisipatif Kota Solo Pendekatan Pem- bangunan Nguwongke – Uwong. Surakarta: Indonesian Partnership on Local Gover- nance Initiative Solo (IPGI-Solo).
Susan, N. P. (2012). Credit Term, Access to Finance and Financial Performance of SMES in Kampala. Accounting and finance of Makerere University.
Undang - Undang No. 20 Tahun 2008
Wangmo, C. (2015). Small Medium Enterprise (SME) Bank Financing Constraints in Developing Countries: A Case Study of Bhutan. International Journal of Arts & Sciences. Wellalage, et al (2019). Corruption, Gender and Credit Constraints: Evidence from Sounth Asian SMEs. Journal of Business Ethics.
Zeller, M. (1994). Determinants of Credits Rationing: A Study of Informal Lenders and Formal Credit Groups in Madagascar. World Development
Authors
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.