Journal of Small and Medium Enterprises

The Influence of Corporate Social Responsibility on Company Value with Cash Flow as a Moderating Variable in Manufacturing Companies Listed on the Indonesia Stock Exchange

Alhamda Tasya Dzikria — 2025-01-16

This research points to explore the impact of corporate social obligation (CSR) on firm esteem, as spoken to by the price-to-book esteem proportion, with working cash stream acting as a directing calculate, in fabricating companies recorded on the Indonesia Stock Trade. Furthermore, three control variables return on resources, company estimate, and liquidity are included within the investigation. The test comprises of 88 firms, chosen utilizing purposive inspecting from a pool of 227 fabricating companies recorded on the trade between 2018 and 2022, coming about in 153 information focuses. Auxiliary information was gotten from ESG Insights, Thomson Reuters, and the yearly reports of the chosen companies. The examination utilized Directed Relapse Examination (MRA). The findings demonstrate that CSR and firm value have a positive and significant relationship, and that cash flow enhances this relationship in the Indonesian market.

The Influence of Corporate Governance (CG) on Green Innovation (GI) in LQ45 Index Companies on The Indonesia

Annisa Herdiana Nisa12 — 2025-01-16

This study analyzes the influence of corporate governance (CG) using independent commissioner variables, institutional ownership, and audit committees on green innovation in companies that are consistently indexed in the LQ45 on the Indonesia Stock Exchange (IDX). Quantitative research is the type of research used in this study, with the research population being industrial companies that are consistently listed in the LQ45 index for the period 2019-2023 with a sample collection technique using purposive sampling so that 11 sample companies were selected. The research technique used is panel data regression analysis with the Eviews12 tool. This study shows that independent commissioners, institutional ownership have a positive and significant effect on green innovation, while the audit committee has a negative effect and does not have a significant impact on green innovation.

Logistics Management Of Flood Disasters By The Regional Disaster Management Agency (BPBD)

Weli Mai Sari — 2025-01-16

The Padang City Regional Disaster Management Agency (BPBD), which plays a significant role in allocating logistics during disasters, is examined in this study for its implementation of the flood disaster logistics management method. In disaster management operations, logistics is vital, particularly in the pre-disaster, preparedness, and response phases. This study emphasizes how crucial it is to use catastrophe danger maps, coordinate efforts, and employ tools like fiber boats, rubber boats, and portable pumps for BPBD activities. Even though BPBD established a Disaster Preparedness Group (KSB) and Quick Reaction Team (TRC), and worked with universities in the Communication, Information, and Education (KIE) program, this investigation discovered several major obstacles, such as a staffing shortage and uncertified expertise. Additionally, using equipment, this study assessed how transferable logistics management is in BPBD.

Financial Literacy, Entrepreneurial Competence, Entrepreneurial Resilience, and Sustainability Performance in MSMEs: A Measurement Model Approach

Agusriani Putri — 2025-01-16

This study examines how financial literacy, entrepreneurial competence, entrepreneurial resilience, and sustainability performance can reflect their respective indicators. In parallel, the researchers tested the indicators used as a research model, then confirmed whether each variable could define a construct (variable). Using an offline questionnaire, we used a quantitative approach to collect data from 366 MSME players. SEM with AMOS 26 software as processing and analysis of data collected and used to analyze structural theory in the form of interrelationships between variables. The results of the analysis conducted based on the regression model for the variables of sustainability performance, financial literacy, entrepreneurial competence and entrepreneurial resilience show that the convergent validity has been demonstrated and each variable can determine the variables of sustainability performance, financial literacy, entrepreneurial competence and entrepreneurial resilience from its indicators. Each indicator yields an SL value > 0.5 (above 0.5), which means that the relationship between the variables of each indicator is appropriate, and each indicator is at the 0.001 level. Based on the results of the standardized load (SL), the following indicators are used to adjust the sustainability performance variables: 0.606, 0.116, 0.676, 0.414, 0.231, 0.178, 0.510, 0.628, 0.514, 0.621, 0.476, 0.443, 0.617, 0.316, 0.201, 0.688. Based on the results of the standardized load (SL), the following indicators are used to determine the financial literacy variable: 0.238, 0.232, 0.392, 0.344, 0.302, 0.491, 0.902, 0.890. In addition, there are twenty-one indicators to determine the value of the variable “entrepreneurial competence”, namely 0.528, 0.642, 0 599, 0, 354, 0,649, 0,599, 0,433, 0,559, 0,559, 0,559, 0,502, 0,555, 0,620, 0,620, 0,620, 0,620, 0,620, 0,620, 0,620, 0,620, 0,620, 0,620, 0,620, 0,620. 695, 0.620, 0.561, 0.529, 0.364, 0.472, 0.410, 0.268, 0.296, while the indicators of entrepreneurial resilience determined based on the results of standardized load (SL) are 0.731, 0.642, 0.361, 0.339, 0.456. The measurement results of CFA scores for the variables of sustainability performance, financial knowledge, entrepreneurial competence and entrepreneurial resilience show acceptable convergence and agreement. These results show that almost all GOF scores for each variable show better results, so it can be concluded that the model fits in this measurement.

Innovation, Entrepreneurial Financing Choice, Sustainable Performance, Entrepreneurial Resilience : The Measurement Model

Belsa Nabila — 2025-01-16

The purpose of this study is to evaluate the indicators used in the model to ensure that a construct (variable) can be defined. To estimate the measurement of the research model, Confirmatory Factor Analysis (CFA) technique is used for innovation, entrepreneurial financing choice, sustainable performance, and entrepreneurial resilience. The aim is to find out how each indicator correlates with its latent variable. Structural Equation Modeling (SEM) is very helpful in determining the truth of the variables and the components that influence them. The research results have met the convergent validity value in accordance with the required value for innovation, entrepreneurial resilience, sustainable performance, and entrepreneurial financing choice variables. These indicators can describe the variables of Innovation, Entrepreneurial Financing Choice, Sustainable Performance, Entrepreneurial Resilience. All indicators of each variable have Standardized Loading (SL) values above 0.5 and CR values greater than 2, which indicates valid variable relationships and all indicators have a level of 0.001. CFA measurement results of Innovation, Entrepreneurial Financing Choice, Sustainable Performance, Entrepreneurial Resilience have met convergent validity and all Goodness of Fit (GOF) values show a better fit that has met the cut off value. So that from the measurement results all variables have shown a good fit and it can be said that the measurement model is appropriate.

Empowering Small and Medium Enterprises through English Language Training: Challenges and Opportunities

Dung Le Quang — 2025-01-16

This study explores the English language proficiency of employees in small and medium-sized enterprises (SMEs), focusing on the challenges and opportunities of implementing English language training programs. Using a mixed-methods approach, the research combines a quantitative analysis of TOEIC test scores from 227 employees with qualitative insights from interviews and focus group discussions involving SME owners, HR managers, and employees.

The quantitative results reveal significant variations in English proficiency levels, with notable differences based on geographic location and company type. Employees in rural areas and domestic companies face more significant challenges. The qualitative data highlight barriers to effective language training, such as financial constraints, time limitations, and limited access to quality programs, which often hinder SMEs from equipping their workforce with the necessary English skills for success in a globalized economy.

Despite these challenges, the study also uncovers opportunities that could arise from improved English proficiency, including enhanced business competitiveness, better communication both internally and externally, higher employee retention, and increased innovation.

In conclusion, while improving English proficiency in SMEs presents challenges, overcoming these barriers is essential to unlocking the benefits of language training. The findings suggest that strategic investments in language training, supported by external resources and creative scheduling, could significantly enhance the growth and global competitiveness of SMEs.