Jurnal Analisis Bisnis Ekonomi

Leadership Style and Financial Literacy Strategies for Improving Business Performance and Sustainability in Food MSMEs

2025-03-05T09:14:16+00:00

Total food and beverage MSMEs in Kudus is currently experiencing a decline. Therefore, this study analysed the role of leadership style and financial literacy in enhancing business performance and promoting sustainable development in the food MSMEs in Kudus, Central Java. A purposive sampling was used to choose 150 respondents, and data were analysed using the SEM-PLS method. The results showed leadership style and financial literacy impact positively and ly on business sustainability. Furthermore, leadership style and financial literacy positively and ly affected performance. Improved performance had a positive impact on sustainability, and served as a mediating factor in this study. To support sustainable practices, MSMEs leaders should integrate sustainability goals into their strategic planning, as both leadership style and financial literacy are essential in this effort. This could include applying eco-friendly practices, lowering waste, or investing in sustainable materials, all of which could improve brand image and attract conscious consumers.

Halal Product Uniqueness on Marketing Performance: The Role of Islamic Market Orientation and Islamic Innovativeness

2025-03-07T12:54:34+00:00

This study is a empirical investigation aimed at exploring the impact of Islamic market orientation, Islamic innovativeness, and halal product uniqueness on marketing performance. The sample for this study consisted of 180 executives from the food processing sector in Central Java, Indonesia. Utilizing Structural Equation Modeling (SEM), the data was analyzed. The results reveal that Islamic innovativeness is positively and significantly influenced by Islamic market orientation. Furthermore, Islamic market orientation exerts a positive and significant impact on halal product uniqueness. Likewise, Islamic innovativeness demonstrates a positive and significant effect on halal product uniqueness. Collectively, Islamic market orientation, Islamic innovativeness, and halal product uniqueness exhibit a positive and significant influence on marketing performance. The analysis of indirect effects indicates that Islamic innovativeness and halal product uniqueness can act as mediators in the relationship between Islamic market orientation and marketing performance.

The Effect of Financing Diversification on Financing Risk: The case of the Islamic Rural Banks in West and East Java Province

2025-03-10T22:39:09+00:00

The main problem faced by Islamic rural banks (IRBs) in Indonesia is the high level of non-performing financing (NPF). This paper analyzes the factors that influence NPF by focusing on the effect of financing diversification based on financing contracts. The IRBs being studied are banks located in West Java and East Java which constitute 34% of the total IRBs in Indonesia. The research period is from 2013-2022 using quarterly data and unbalanced panel data. The estimation method used is panel regression. The results document that the concentration of financing based on contracts reduces the NPF. Apart from that, the size of the bank, high capital, and stability will also reduce NPF. However, financing and operational efficiency do not affect NPF. COVID-19, which has caused a decline in Indonesia's economic growth, has increased the NPF. The policy implication of these findings is that IRBs must focus on certain financing contracts to reduce the risk of bad financing instead of disbursing all financing contracts.