Financial management for MSME actors: enhancing the value of Siwalan skin as an eco- friendly creative scrub industry in Tuban Regency

Authors

  • Ellsa Putri Agustin State University of Surabaya
  • Muhammad Husain

Keywords:

Creative industries, Financial managemen, MSME, Siwalan fruit, Tuban Regency

Abstract

Financial management is essential for MSME practitioners, as it impacts the future development and prosperity of their businesses. This study aims to analyze the development of MSMEs in enhancing the value of the Siwalan fruit in relation to financial management within the creative industries in Tuban Regency, which utilize the Siwalan fruit not only for food and beverage products but also by repurposing Siwalan fiber waste into eco-friendly dishwashing tools. This study employs a descriptive analysis approach, with data collected through direct interviews with MSME practitioners, as well as literature review from sources such as journal articles, research reports, and other relevant data. The results indicate that financial management within MSMEs impacts the sustainability and future growth of creative industries in the Palang area of Tuban Regency. This finding highlights the importance of financial management for MSME practitioners through financial literacy, enabling them to make wise financial decisions consistently.

References

adminjim,+Nur+Laili+Rizkiawati_14080574141. (n.d.).

Asmin, E. A., Ali, M., Nohong, M., & Mardiana, R. (2021). The Effect of Financial Self-Efficacy and Financial Knowledge on Financial Management Behavior. Golden Ratio of Finance Management, 1(1), 15–26. https://doi.org/10.52970/grfm.v1i1.59

Fadhillah, A. N., Yulianti, T., & Soesiantoro, A. (n.d.). Strategi Pemberdayaan Usaha Mikro Kecil dan Menengah (UMKM) Pada Dinas Koperasi Perindustri dan Perdagangan (DISKOPERINDAG) KABUPATEN TUBAN JAWA TIMUR.

Hariyoko1, Y. (n.d.-a). Pengembangan UMKM di Kabupaten Tuban.

Hariyoko1, Y. (n.d.-b). Pengembangan UMKM di Kabupaten Tuban.

Harson, H., Andriana, I., & Adam, M. (n.d.). ANALISIS KINERJA KEUANGAN UNTUK MENGUKUR KESEHATAN KOPERASI PTN BLU DI KOTA PALEMBANG. In Jurnal Ilmu Manajemen (Vol. 10). https://dpr.go.id.

Jurnal, L., Ganes, N., Utami, P., Isbanah, Y., Surabaya, U. N., & Surabaya, I. (n.d.). Volume 11 Nomor 3 Halaman 506-521 Jurnal Ilmu Manajemen Pengaruh financial literacy, financial attitude, financial technology, self-control, dan hedonic lifestyle terhadap financial behavior.

Jurnal, L., Nikmatus Sholihah, D., & Isbanah, Y. (n.d.). Volume 11 Nomor 3 Halaman 589-601 Jurnal Ilmu Manajemen Pengaruh literasi keuangan, pengetahuan keuangan, locus of control, dan hedonism lifestyle terhadap financial management behavior.

Maris, S., Baptista, J., & Dewi, A. S. (2021). The Influence of Financial Attitude, Financial Literacy, and Locus of Control on Financial Management Behavior. International Journal of Social Science and Business, 5(1), 93–98. https://ejournal.undiksha.ac.id/index.php/IJSSB/index

Rossalda Meliana, J., & Isbanah, Y. (n.d.). IMMERSIVE 2023 International Management Conference and Progressive Paper The Influence of Financial Literacy, Financial Attitude, Social Environment, and Lifestyle on Financial Management Behavior of Generation Z in Sidoarjo.

Salsabila, A., Fikri, K., & Nahda, K. (n.d.). The Effect of Financial Literacy on MSME Performance Through Financial Access and Financial Risk Attitude as a Mediation Variable A R T I C L E I N F O.

Shafira, V., & Armin, R. (2023). The Effect of Working Capital and Financial Management on Sanrico Store MSME Income in Mojokerto Regency. International Journal of Management and Business Economics (IJMEBE), 1(3), 196–201.

Wardiningsih, R., Wahyuningsih, B. Y., & Sugianto, R. (2021). PELATIHAN PENGELOLAAN KEUANGAN BAGI PELAKU UMKM PENERIMA BPUM SEBAGAI DAMPAK COVID-19 DI DESA JENGGIK KECAMATAN TERARA. In Jurnal Pendidikan dan Ilmu Sosial (Vol. 3, Issue 2). https://ejournal.stitpn.ac.id/index.php/nusantara

Downloads

Published

2024-11-15

How to Cite

Agustin, E. P., & Husain, M. (2024). Financial management for MSME actors: enhancing the value of Siwalan skin as an eco- friendly creative scrub industry in Tuban Regency. International Management Conference and Progressive Papers, 2(1), 260–269. Retrieved from https://proceeding.unesa.ac.id/index.php/immersive/article/view/4103

Similar Articles

<< < 1 2 3 > >> 

You may also start an advanced similarity search for this article.