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Digital Accounting, Behavior, and Innovation on the financial performance of SMEs
Abstract
The purpose of this study is to examine the mediating role of financial innovation and the moderating effect of digital accounting on the relationship between financial behavior and financial performance of micro, small, and medium enterprises (MSMEs) in the city of Malang. To test the hypotheses in the research model, a field study was conducted using a survey method with a total of 112 MSME owners operating in the manufacturing sectors of rattan handicrafts, tempeh chips, and ceramic products in Dinoyo. The data collected from 112 owners and managers were analyzed using correlation and regression analysis with the Structural Equation Model (SEM). The analysis was performed using SEM-PLS software. The novelty of this research demonstrates that financial innovation has a mediating effect, and digital accounting (using the SI APIK application) has a moderating effect on the relationship between financial behavior and financial performance of MSMEs. These empirical findings contribute to improving the financial performance of MSMEs through increased financial innovation and the adoption of digital accounting practices based on the SI APIK application.
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DOI: https://doi.org/10.26905/afr.v6i1.10179
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