The Effect of Business Literation on SMEs Performance with Mediation of Risk Management and Entrepreneurial Self Efficacy
Open Access
- 30 April 2021
- journal article
- Published by UIN Walisongo Semarang in Journal of Digital Marketing and Halal Industry
- Vol. 3 (1), 37-48
- https://doi.org/10.21580/jdmhi.2021.3.1.7745
Abstract
Literacy is the main prerequisite for intellectual growth and the ability to learn to generate new knowledge. This study aims to analyze the effect of business literacy on the performance of SMEs, either directly or indirectly by including the Entrepreneurial Self-Efficacy (ESE) and Enterprise Risk Management (ERM) variables as mediation and moderation variables, respectively. The approach of this article is thought or conceptual based on intellectualization and reflects the prospects and impact of digital marketing. This study uses a critical system to analytically review digital marketing literature and relate it to research results. The data analysis technique used is descriptive. Based on the results of tracking and analysis, there has never been any previous research that examines business literacy, ESE, ERM, and SME performance in one model. The implication of social justice in the field of business literacy is through the existence of a business application system that is socialized to business people. Business information can enhance or even suppress the effects of entrepreneurial self-efficacy. ERM as a planned action is a control activity, which can be perceived not as an obstacle to gaining profits, but to get the expected performance results.Keywords
This publication has 35 references indexed in Scilit:
- Does Management Matter? Evidence from India *The Quarterly Journal of Economics, 2012
- The Impact of Consulting Services on Small and Medium Enterprises: Evidence from a Randomized Trial in MexicoSSRN Electronic Journal, 2012
- Risk management capability building in SMEs: A social capital perspectiveInternational Small Business Journal: Researching Entrepreneurship, 2012
- Entrepreneurial Self–Efficacy: Refining the MeasureEntrepreneurship Theory and Practice, 2009
- 360 Degree Feedback and Developmental Outcomes: The Role of Feedback Characteristics, Self-Efficacy and Importance of Feedback Dimensions to Focal Managers' Current RoleInternational Journal of Selection and Assessment, 2006
- The Effects of Strategic Decision Making on Entrepreneurial Self–EfficacyEntrepreneurship Theory and Practice, 2005
- Subjective CulturePublished by Elsevier BV ,2004
- Social cognitive theory of self-regulationOrganizational Behavior and Human Decision Processes, 1991
- The theory of planned behaviorOrganizational Behavior and Human Decision Processes, 1991
- Differential engagement of self-reactive influences in cognitive motivationOrganizational Behavior and Human Decision Processes, 1986