MEASURING THE IMPACT OF FINANCIAL MANAGEMENT PRACTICES ON THE PERFORMANCE OF MICRO AND SMALL ENTERPRISES IN MEDAN CITY

Keywords: working capital management, maintaining accounting records, financing, performance

Authors

  • Heny Triastuti kurnia ningsih Universitas Sumatera Utara

Abstract

This study aims to measure how much the influence of working capital management, maintaining accounting records, and financing on the performance of MSMEs in the city of Medan. The sample size was taken based on the number of dimensions/subvariables, namely 200 respondents of MSMEs in the Medan City Culinary sector, because in measuring the influence between exogenous and endogenous dimensions/subvariables in this study, using partial least squares (PLS). The results of the study show that working capital management, maintaining accounting records, has a positive (low) but insignificant (meaningless) effect on the performance of MSMEs in Medan City. Financing has a positive (high) and significant effect on the performance of MSMEs in the city of Medan; however, based on the R Square value of handling complaints, consisting of working capital management, maintaining accounting records, it is quite capable of explaining, or can also be a variable determining the performance of MSMEs. should be avoided, but if essential, they must be defined at their first mention in the abstract itself.

Downloads

Published

2026-02-23

How to Cite

kurnia ningsih, H. T. (2026). MEASURING THE IMPACT OF FINANCIAL MANAGEMENT PRACTICES ON THE PERFORMANCE OF MICRO AND SMALL ENTERPRISES IN MEDAN CITY: Keywords: working capital management, maintaining accounting records, financing, performance . Riau International Conference on Economics, Business and Accounting, 3(1). Retrieved from https://riceba.prosiding.unri.ac.id/index.php/riceba-prosiding/article/view/545

Issue

Vol. 3 No. 1 (2026): RICEBA2025

Section

Articles