Proceedings of the 1st International Conference on Social Environment Diversity (ICOSEND 2024)

Determination Of Financial Performance by Intellectual Capital in The Green Economy Era for Msmes in Leading Sector in Semarang City

Authors
Windasari Rachmawati1, *, Abdul Karim1, Evva Nabila1, Kholifatul Ulyak1, Seno Purwo Sugiarto1
1Semarang University, Semarang, Indonesia
*Corresponding author. Email: windasarirachmawati@usm.ac.id
Corresponding Author
Windasari Rachmawati
Available Online 28 February 2025.
DOI
10.2991/978-2-38476-366-5_11How to use a DOI?
Keywords
Intellectual equity; Competitiveness; Financial Performance; traditional snacks; MSMEs
Abstract

The primary aim of this research is to assess how intellectual equity (IC) influences financial performance inside of small and medium enterprises (SMEs) operating in the forefront of the green economy in Semarang City. This research adopts a theoretical framework designed to explore the connection among IC and competitiveness, identifying the key factors that affect this dynamic. In this context, IC serves as the independent variable, competitiveness acts as the mediating variable, and financial performance is regarded as the dependent variable. Data collection was conducted through the distribution of questionnaires, employing a non-probskill sampling method alongside purposive sampling techniques. Respondents were selected according to predetermined criteria, targeting individuals involved in business operational management as well as owners of micro, small, and medium enterprises (MSMEs) in Semarang City. The formulated hypotheses were evaluated utilizing Partial Least Squares (PLS) analysis. To gauge the degree of agreement or disagreement, a Likert scale was utilized in the survey administered to MSMEs inside of the region. Intellectual equity serves as a crucial intermediary that links different forms of equity—namely human, structural, and relational—by financial performance outcomes. While human equity and relational equity may not exert a direct influence on financial performance, their effects can be realized when bolstered by intellectual equity. This indicates that an effective integration of human resources, internal operational processes, and external partnerships is essential, facilitated by intellectual equity, to enhance financial performance.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 1st International Conference on Social Environment Diversity (ICOSEND 2024)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
28 February 2025
ISBN
978-2-38476-366-5
ISSN
2352-5398
DOI
10.2991/978-2-38476-366-5_11How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Windasari Rachmawati
AU  - Abdul Karim
AU  - Evva Nabila
AU  - Kholifatul Ulyak
AU  - Seno Purwo Sugiarto
PY  - 2025
DA  - 2025/02/28
TI  - Determination Of Financial Performance by Intellectual Capital in The Green Economy Era for Msmes in Leading Sector in Semarang City
BT  - Proceedings of the 1st International Conference on Social Environment Diversity (ICOSEND 2024)
PB  - Atlantis Press
SP  - 118
EP  - 125
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-366-5_11
DO  - 10.2991/978-2-38476-366-5_11
ID  - Rachmawati2025
ER  -