SME Owners Research Articles

Performance of green supply chain management: Investigating the role of reverse logistics and green procurement aspects in SMEs

The purpose of this study is to analyze the relationship between the performance of Reverse Logistics and Green Supply Chain Management, to analyze the relationship between Green Procurement Aspects and the performance of Green Supply Chain Management. This research method is quantitative, the analysis of research data uses the partial least square structural equation model (SEM-PLS) with a statistical data processing tool, namely SmartPLS 4.0 software. Research data was obtained by distributing online questionnaires through social media designed using a Likert scale of 7. Respondents in this study were 670 SMEs owners in Java Island, Indonesia. The stages of data analysis are validity test, reliability test and significance test or hypothesis test. The results of this study indicate that Reverse Logistics has a positive and significant effect on the performance of Green Supply Chain Management, Green Procurement Aspects has a positive and significant effect on the performance of Green Supply Chain Management. The novelty of this study is the relationship model between Reverse Logistics variables, the performance of Green Supply Chain Management and Green Procurement in SMEs which was not found in previous studies. Culinary SMEs are expected to be able to participate in supporting environmentally sound development. This is because the concept of Green Supply Chain Management (GSCM) is a concept that aims to minimize the negative impact of an organization and its supply chain on the environment related to climate change, pollution and resources that are not too large. In order to support GSCM, it is necessary to evaluate the extent to which this concept is carried out by Culinary SMEs. By conducting this evaluation, it is hoped that the constraints and obstacles faced by SMEs in carrying out GSCM can be identified. For this reason, it is necessary to have support from related parties, in this case the government, to conduct socialization and counseling and assistance in implementing GSCM.

The mediating role of green supply chain management in the relationship between eco-efficiency and SMEs sustainability performance

The purpose of this study is to analyze the relationship between eco-efficiency and sustainability performance, the relationship between eco-supply chain management and sustainability performance and analyze the mediating role of Eco-Supply Chain Management on the relationship between eco-efficiency and sustainability performance. The study method is a quantitative survey which is executed through the partial least square structural equation model (SEM-PLS) with a statistical data processing tool, namely SmartPLS 4.0 software. Research data was obtained by distributing online questionnaires through social media designed using a Likert scale of 7. Respondents in this study were 590 SMEs owners in Java Island, Indonesia. The results of the study indicate that eco-efficiency had a positive and significant effect on sustainability performance, green supply chain management (GSCM) had a positive and significant effect on sustainability performance. GSCM also plays a full mediating role in the relationship between eco-efficiency and sustainability performance. This research is expected to be a source of reference for further research in discussing issues related to the implementation of eco-efficiency and GSCM.

Investigating halal food Supply chain management, halal certification and traceability on SMEs performance

This study aims to provide implications for the application of the halal logistics traceability model to food commodities in Indonesia and to be able to recommend alternative policy scenarios for the government. The system dynamic approach is used to model the traceability of halal logistics for food commodities in Indonesia. The urgency of this research is that it will contribute to improving the quality of halal logistics which has implications for the halal industry in Indonesia. This research also has implications for food quality and safety which helps food security in Indonesia, the relationship between Halal Certification and Traceability on SMEs Performance, analyzing the relationship between Halal food supply chain management and Halal Certification and Traceability. This research method is a quantitative survey, research data obtained by distributing online questionnaires to 390 food SME owners who have implemented the Halal Assurance Management System. Data analysis used a structural equation model (SEM) with SmartPLS 3.0 software. The stages of data analysis are validity, reliability and significance tests. The sampling technique used is non-probability sampling. The questionnaire used in this study uses a Google form which will be distributed to respondents. This questionnaire measurement method uses a Likert scale of 5, namely Strongly Disagree (STS), (2) Disagree Answers (TS), (3) Neutral Answers (N), (4) Agree Answers (S), Strongly Agree (SS). The independent variable used in this research is halal supply chain management. The dependent variables used in this study are halal certification and traceability and SMEs Performance. The results of this study indicate that Halal food supply chain management has a positive and significant effect on the performance of SMEs, Halal Certification and Traceability have a positive and significant effect on SMEs Performance, Halal Certification and Traceability have a positive and significant effect on Halal food supply chain management.

Exploring the role of supplier integration, customer integration on operational performance by mediating the SMEs supply chain flexibility

This research investigated the relationship between supplier integration and customer integration on operational performance by mediating supply chain flexibility in SMEs in Indonesia. The method used in this research used quantitative methods using a conceptual framework and analysis of research data was performed using structural equation models (SEM) with SmrtPLS 3.0 software tools. Respondents to this study were 650 SMEs owners in Indonesia who were determined using the simple random sampling method. Data collection in this study was carried out on primary data in the form of respondents' statements obtained from answers to online research questionnaires designed using a Likert scale of 7. The results of this study stated that Supplier Integration had a positive and significant effect on supply chain flexibility. Customer Integration had a positive and significant effect on Supply Chain Flexibility. Supply Chain Flexibility had a positive and significant effect on operational performance. Supplier integration had a positive and significant effect on operational performance. Customer integration had a positive and significant effect on operational performance.

Acceptance of Interest-Free Banking among Small and Medium Enterprises: A Structural Equation Model

Interest-free banking in Nigeria is evolving, which is supposed to be solid and ready to compete with conventional commercial banks that have dominated the market for more than a century. SMEs had difficulty in getting the funding they required to grow. The study examines the determinants of SMEs' acceptance of interest-free banking in Nigeria. The study used purposive sampling and adapted a questionnaire to collect data from a sample of 323 SMEs registered with the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN). A structural equation modelling via analysis of moment structures (SEM-AMOS) was used for data analysis and hypotheses testing. The study found a significant positive relationship between SME owners' religion, financing opportunities and acceptance of interest-free banking. The study also finds a positive but insignificant effect of a service cost on the acceptance of interest-free banking. Knowing the drivers of SMEs' acceptance of interest-free banking could guide banks' marketing strategies to compete with other types of banks in the industry. The study recommends that interest-free banks ensure the provision of products and services that comply with the religion of their existing and potential customers.

Role of Management Accounting Systems in Sustainable Survival of SMEs in Pakistan: A Conceptual Framework

This conceptual paper proposes a new framework for ensuring Pakistani SMEs' sustainable survival. SME owners always strive to survive in the long run, but most SMEs cannot sustain themselves due to resource constraints. In the ensuing survival of SMEs, the role of management accounting is critical. Management accounting provides financial and non-financial information for planning, controlling and decision-making. This information can persuade SME owners to think in a strategic way which can enhance their strategic thinking. Arguably, management accounting can cognitively engage SME owners by enhancing their strategic thinking, leading SMEs to enhance sustainable survival. Based on these arguments, a conceptual framework has been proposed in which strategic thinking mediates the relationship between management accounting systems and sustainable survival. This conceptual paper has endeavored to advance the understanding of strategic thinking in management accounting scholarship. Furthermore, this paper has also provided practical guidelines for SME owners to concentrate on sustainable survival by developing management accounting systems and focusing on strategic thinking.

IMPROVING GREEN INNOVATION PERFORMANCE BY SMES IN INDONESIA

This article aims at improving the performance of green innovation by SMEs in Indonesia. It describes new environmental issues that have received significant interest in the green operation, based on the great interest in the topic, explicitly on green innovation practices in SMEs in Indonesia, enabling the current study proposes the evaluation of green innovation practices focusing on human resource management and government regulation and innovation processes in green marketing orientation. Using an empirical interpretation designed under a quantitative method with hypothesis testing using the partial least squares structural equation modeling (PLS-SEM) method with a total sample of 163 SMEs, the authors describe the obtained results that green marketing orientation, government regulation, and human resource management significantly and positively affect the green innovation platform of SDGs in SMEs in Indonesia. Government regulation mediated the relationship between green marketing orientation and human resource management in Indonesian SMEs’ green innovation. The authors illustrate that the proposed green innovation by SMEs in Indonesia makes it possible to improve that women significantly contribute to pushing the economic 86 respondents (52,8%), with young age respondents 90 (55.2%). The new method effectiveness evaluation confirmed by the calculations with the Directorate General of Treasury, Ministry of Finance RI data showed women managed 95% of SMEs of 64 million SME owners since 2021. New research results indicate that green innovation is expected to be a transformation of the re-establishment of global developments beneficial for future generations and can be used for SMEs, also playing a prominent role in maintaining economic stability. Novelty and scientific contribution of 61.1% as a pillar of national economic growth to accelerate the sustainable development progress.

Effects of supply chain transparency, alignment, adaptability, and agility on blockchain adoption in supply chain among SMEs

This study aims to investigate the extent to which the contributions of blockchain technology to supply chain parameters influence blockchain adoption among SMEs. Drawing on contingency theory, the study investigates the moderating effect of market turbulence. The data were collected from 204 SMEs in Malaysia’s manufacturing sector and analysed using the partial least squares technique. The results showed that the intention of SMEs’ managers to adopt blockchain is influenced by the contributions of blockchain to supply chain transparency and agility. Supply chain transparency, alignment, adaptability, and agility are interrelated. Market turbulence moderates positively the association between agility and intention to adopt blockchain. This study extends the literature by decomposing the concept of relative advantages and investigating the influences of blockchain benefits on blockchain adoption. The moderating effect of market turbulence indicates that the influence of blockchain on agility is more important for SMEs operating in a turbulent environment than the SMEs in a stable market. The findings help the policymakers and blockchain vendors in developing effective plans and strategies to speed up the adoption of blockchain among SMEs. Furthermore, the results give confidence to the managers and owners of SMEs that blockchain can be a valuable competitive advantage source.

Human Capital dan Kinerja UKM: Peranan Praktik Akuntansi Manajemen sebagai Pemediasi

This study aims to examine the role of Management Accounting Practice (PAM) as a mediator in the relationship between human capital and SME performance. The study population is SMEs in the province of East Java, the sample technique using convenience sampling method. The data collection method uses e-survey via Whatapss and Line social media because it is the most popular in Indonesia. The data that was collected was 108 SMEs. Hypothesis testing uses partial least squares – structural equation modeling (PLS-SEM). The test results show that human capital has a significant and positive effect on SME performance, PAM has a significant and positive effect on SME performance, and PAM has a role as a partial mediation between PAM and SME performance. The research results have theoretical implications, namely human capital is an antecedent variable that influences the use of PAM and PAM has a role as a partial mediation. Meanwhile, the practical implication is that human capital in the context of SME owners has an important role for the survival of SMEs during a pandemic. And the use of PAM will help SMEs to be able to maintain their viability.
 Keywords: Covid-19 pandemic; Human Capital; Management Accounting Practices; SMEs’ Performance

Effect of Entrepreneurial Strategies on the Performance of Smes in Kogi State, Nigeria

This study investigated the effect of entrepreneurial strategies on the performance of SMEs in Kogi State. This study adopted survey research design to achieve its aim. The population of the study was 844; from which the sample size of 260 was selected. Multi-stage sampling technique was used. The analytical technique that was employed to achieve the study’s objectives was multiple regression analysis. Findings show that product differentiation strategy, adaptation strategy, human resource strategy, and entrepreneurial marketing strategy have significant weak effects on the return on investment of SMEs in Kogi State. Findings further show that product differentiation strategy, human resource strategy, entrepreneurial marketing strategy and adaptation strategy have significantly strong effects on the market share of SMEs in Kogi State. The study concluded that entrepreneurial strategies have the propensity to increase the business performance of SMEs. The study recommended that SME owners should adopt the combination of entrepreneurial marketing strategy and product differentiation strategy to achieve increasing return on investment, market share and competitive advantage of SMEs in Kogi State; and give less attention to the adoption of both adaptation strategy and human resource strategy.

THE IMPACT OF BRAND AUTHENTICITY AND BRAND COMMUNITY ON BRAND TRUST AND MSME GROWTH IN BUKALAPAK PARTNER APPLICATION USERS

The massive growth of SMEs gave an opportunity to the tech industry in creating innovations. Applications with advanced and user-friendly features offered SMEs owners an opportunity to enlarge their businesses. This study’s objective is to discuss the impact of brand authenticity and brand community towards brand trust and SME growth in case of users of Mitra Bukalapak applications. This study uses bootstraping methods as the framework of theory analysis. In data collection, the study is using purposive sampling methtods to 362 community members of Mitra Bukalapak users. The result of this study found that brand consistency, brand customer orientation, brand community has a positive impact on brand trust, and brand trust has a positive impact on SME growth. Therefore, the study will contribute to current knowledge in the tech industry to build the brand and provide information on the impact of brand value development for the SME owners.

Implementation of CSR Practices by SME Owner Managers: A Cognitive Mapping Approach

Cette étude exploratoire vise à analyser les processus décisionnels des dirigeants de petites et moyennes entreprises (PME) concernant leur engagement en matière de responsabilité sociale des entreprises (RSE). La question de recherche est la suivante : Qu’est-ce qui incite les propriétaires-dirigeants de PME à se décider en faveur de l’engagement RSE ? En utilisant la cartographie cognitive comme un outil pour analyser les modèles cognitifs des dirigeants, cette recherche démontre que les dirigeants de PME sont motivés par un ensemble de raisons diverses pour intégrer la RSE dans leur entreprise. Pour certains managers, l’engagement dans les pratiques de RSE est une initiative stratégique – pour atteindre les objectifs de l’entreprise et améliorer son image – tandis que pour d’autres, l’intégration de la RSE est une conviction personnelle plutôt qu’une initiative stratégique. La principale contribution de cette étude réside dans la proposition d’une approche cognitive utilisant des cartes mentales pour analyser les schémas cognitifs des dirigeants de PME dans les prises de décisions en matière d’engagement RSE. D’un point de vue théorique, l’analyse des schémas cognitifs démontre l’importance de la cognition dans la mise en œuvre de la RSE par les PME et souligne à quel point il est essentiel de considérer la vision idiosyncrasique d’un dirigeant pour comprendre sa prise de décision. Au niveau managérial, la mobilisation des cartes cognitives dans l’approche RSE pourrait permettre aux dirigeants de PME d’identifier les éléments clés de leurs stratégies RSE, et ainsi de mieux comprendre leur structure de pensée, notamment sur les décisions RSE. Cette étude présente certaines limites, encourageant des recherches futures. Le caractère exploratoire de la recherche, avec l’analyse de deux cas, constitue un échantillon de petite taille. Les recherches futures peuvent utiliser la cartographie cognitive pour créer plusieurs cartes de différents dirigeants de PME afin de mener une analyse comparative de leur engagement en matière de RSE.

Can playing defense yield gains? Examining the relationships among regulatory focus, innovation, and SME performance

ABSTRACT Innovativeness and performance are keys to understanding the capability of SMEs. However, scant research examines the motivational frames that enhance behaviors, such as innovation, in SMEs. Regulatory focus theory provides the lens through which to we examined how SME owner motivation impacts innovation and firm performance, given that the SME owner primarily displays either a promotion or prevention focus. As such, we hypothesize the moderating effects of dominant regulatory foci radical on the relationship between innovation and SME performance. Based on a sample of 422 small business owners, we find a positive and significant direct relationship between both incremental and radical innovation on performance. Further, we report that prevention focus heightens the positive relationship between incremental innovation and performance, while radical innovation negatively impacts the relationship between radical innovation and performance; thus, highlighting the critical nature of strategic alignment that exists between regulatory focus strategy, innovation type and performance outcomes. This study brings the entrepreneur back into focus for small business research and investigates the intersection of firm-level and individual-level units of analyses.

SMEs’ Innovativeness and Technology Adoption as Downsizing Strategies during COVID-19: The Moderating Role of Financial Sustainability in the Tourism Industry Using Structural Equation Modelling

This study aims to identify why firms, specifically SMEs in the hospitality and tourism industry, downsized during the recent global economic distress caused by COVID-19. This study applied a quantitative methodology by distributing online questionnaires to SME owners and managers who operate in the tourism industry of the UAE. We analysed the collected data using structural equation modelling. A total of 320 questionnaires were analysed using the PLS-SEM analytic tool. Our findings revealed that the investigated constructs, namely financial sustainability, SMEs’ innovativeness, and technology adoption predict the implementation of downsizing strategies during economic distress. However, financial sustainability failed to expedite SMEs’ innovativeness and technology adoption during this period. Therefore, the findings of this study show the impacts of financial strength, technology adoption, and innovativeness on implementing downsizing strategies, and provide suggested recommendations in light of the observed results.

The Role of Leader Member Exchange (LMX), Organization Citizenship Behavior (OCB) on Organizational Commitment and Performance: An Empirical Study on Indonesian SMEs

The purpose of this research is to analyze the relationship between leader member exchange (LMX) on organizational citizenship behavior (OCB), organizational commitment on organizational citizenship behavior (OCB), leader member exchange (LMX) on performance, organizational commitment on performance and OCB on performance. This study used a quantitative method and the respondents to this study were 370 SMEs owners in Jabotabek who were selected using a simple random sampling method. Research data was obtained by distributing questionnaires online through social media. The questionnaire was designed using a Likert scale from 1 to 7. Data analysis used a structural equation model (SEM) with the data processing tool SmartPLS 3.0 software. The stages of testing the data are validity, reliability and hypothesis testing. The independent and dependent variables in this study are LMX, OCB, Organizational Commitment and performance. The results of this study indicate that leader member exchange (LMX) has a positive and significant effect on organizational citizenship behavior (OCB), organizational commitment has a positive and significant effect on organizational citizenship behavior (OCB), Leader member exchange (LMX) has a positive and significant effect on performance, Organizational commitment has a positive and significant effect on performance, OCB has a positive and significant effect on performance.

Can Online Commerce Help SME Owners in the Wood Industry Weather the COVID-19 Crisis?

Can Online Commerce Help SME Owners in the Wood Industry Weather the COVID-19 Crisis?

Can Online Commerce Help SME Owners in the Wood Industry Weather the COVID-19 Crisis?

Petang and Abiansemal Sub-Districts, Badung Regency, which are dominated by wood craft industry players in the SMIs sector as the backbone of the economy, are seriously affected not only in terms of total production and trade value but also on the number of workers who have lost their jobs due to this pandemic. The concept of business resilience in direct relation to the company's ability and resilience in the face of the Covid-19 pandemic is very important in mediating E-Commerce Based entrepreneurship. This condition will help SMEs to implement various policies in an effort to improve the quality of life of business actors. In this article, a literature review and interaction of quality of life, business resilience and E-Commerce Based entrepreneurship will be discussed.

Accountants and small businesses: toward a resource-based view

PurposeSmall- and medium-sized enterprises (SMEs) carry huge economic importance worldwide. At the same time, SMEs face specific challenges, some of which may be alleviated by employing accountants. However, research on the role and impact of accountants in SMEs has long remained fragmented and scarce. This paper aims to encourage more research on accountants in SMEs by providing the first comprehensive and systematic review of relevant research.Design/methodology/approachBased on systematic review methods, the authors critically examine 68 research articles dealing with accountants in SMEs.FindingsThe review identifies three dominant roles for accountants in SMEs: providers of reporting services, sources of SME owners’ self-validation and translators between capital providers and SMEs and advisors. Implicitly, many studies assume a value-enhancing effect of employing accountants in SMEs regardless of these specific roles. At the same time, available studies seldom make use of existing theoretical frameworks to more closely analyze the value-enhancing potential of human resources such as accountants. The authors, thus, propose the resource-based view as a robust theoretical framework to improve theory building in research on accountants in SMEs.Originality/valueTo the best of the authors’ knowledge, this paper is the first systematic review of accountants in SMEs. In addition, the authors develop a resource-based model on accountants in SMEs to guide future research on this topic.

ASSESSMENT OF INVESTMENT D ECISIONS AND FINANCIAL PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES IN FEDERAL CAPITAL TERRITORY, NIGERIA

This study evaluated the Assessment of Investment Decisions and Financial Performance of Small and Medium Enterprises in the Federal Capital Territory, Nigeria. Multi-stage sampling technique was adopted and used. Data were collected through the use of structured questionnaires from 400 sampled SMEs. Data were analyzed using, Descriptive Statistics, Correlation Matrix and Logit Regression Model. The results show there is a positive correlation between annual return i.e. financial performance and new property acquisition and a negative correlation existed with new plant and acquisition. The result of the logit model shows that the factors influencing investment decisions among SMEs were the coefficient of education (P<0.01) probability level. The coefficient of the competition level was negative and statistically significant at (P <0.05). Furthermore, the coefficient of the initial investment capital (P<0.05). The coefficient of the infrastructure was positive and statistically significant at (P<0.05). Therefore, the study recommends that Policy should be formulated towards educating and training SMEs owners to have more knowledge about business enterprise operations in order to be able to assess their financial performance, external funding and capital should be provided to SMEs at a lower and affordable interest rate, SMEs owners should be encouraged to be willing to invest more into their business to expand their business for more profit, local polices and local infrastructure to enhance SMEs participation in Federal Capital Territory AMAC should be provided. Media blitz could also be harnessed to augment policy awareness among SMEs.

Pengaruh Fintech Terhadap Kinerja Keuangan Umkm Dengan Literasi Keuangan Sebagai Variabel Moderasi

This study aims to examine the role of financial literacy in moderating the effect of fintech to financial performance. Quantitaive approach and primary data are used in this research. The primary data is obtained from questionare. The sampling method is quota sampling. Sample consist of 60 Balinese Culinary SMEs in Sarbagita area which then divided into 15 samples for each area such as Denpasar, Badung, Gianyar and Tabanan. Furthermore, data is analyzed using multivariate analysis named SEM PLS. The result shows that fintech has a positif and significant effect to financial performace. Another result shows that financial literacy can moderate (strengthen) the positif effect of fintech to financial performance. These results support the planned behavior and financial innovation theory. SMEs owners with high financial literacy rate can optimaly use the effectiveness of fintech in order to increase their financial performance