Factors Forming Firm Performance of Micro-Businesses
- DOI
- 10.2991/aebmr.k.210616.099How to use a DOI?
- Keywords
- firm performance, firm performance, financial inclusion, locus of control, risk perception
- Abstract
Micro-businesses are part of MSMEs and an economic booster, a vibrant and profitable segment in any developing country such as Indonesia. As a business entity, micro-enterprises are expecting to have good company performance to survive. This study aims to analyze the four factors that shape micro-enterprises’ performance in the city of Padang. Those factors are financial literacy, financial inclusion, internal locus of control, and risk perception. This research was using a total of 119 samples from all micro-businesses based on clustered proportional random sampling. The data were analyzed using multiple regression analysis. The results showed that financial literacy, financial inclusion, internal locus of control, and risk perception directly affect micro-businesses performance.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Megawati AU - Aimatul Yumna AU - Charoline Cheisviyanny AU - Abel Tasman PY - 2021 DA - 2021/06/17 TI - Factors Forming Firm Performance of Micro-Businesses BT - Proceedings of the Sixth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2020) PB - Atlantis Press SP - 647 EP - 651 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210616.099 DO - 10.2991/aebmr.k.210616.099 ID - 2021 ER -