Pengaruh Financial Technology, Succession Planning, Financial Self-Efficacy, dan Personality System terhadap Suksesi Bisnis Keluarga (Studi pada UMKM Bisnis Keluarga Sektor Non-Pertanian di Surabaya)
DOI:
https://doi.org/10.26740/jim.v9n2.p438-450Keywords:
family business succession, financial self-efficacy, financial technology, personality system succession planningAbstract
Business succession is critical to have for the continuity of family business. This research focuses on the non-agricultural MSMEs managed by families and located in the Surabaya because BPS data shows that the number of MSMEs in the non-agricultural sector in Surabaya is the highest compared to other cities in East Java Province. This research aimed to determine the effect of financial technology, succession planning, financial self-efficacy, and personality systems on family business succession. They are using a sample of 110 respondents of MSME owners from online and offline questionnaires. Data were analyzed using multiple linear regression and processed using SPSS 26. This research shows that the variables financial technology, financial self-efficacy, and personality system have a significant positive effect. In contrast, the variable succession planning has a significant negative effect. It is hoped that the Surabaya government can use the results of this research to improve socialization related to financial technology, financial self-efficacy, and personality systems for the succession of family businesses can be sustainable.References
<p>Ahmed-Ishmel, G. D., Onyeiwu, C., & Owopetu, O. A. (2018). The Impact of Financial Technology in the Operations (Payments/Collections) of SMEs in Nigeria. <em>International Journal of Innovative Research and Development,</em> 7(2), 6171. https://doi.org/10.24940/ijird/2018/v7/i2/feb18022.</p><p>Ajzen, I. (1991). The Theory of Planned Behavior. <em>Organizational Behavior and Human Decision Processes</em>, 50(1), 179211.</p><p>Alexandra, M. & Ion M. (2016). Financial Technology (FinTech) and its Implementation on the Romanian Non-Banking Capital Market. <em>SEA: Practical Application of Science</em>, 4(2). 379384.</p><p>Banding, M. P., Ashar, A., Juliana, A., Azis, M. I., & Thresia, Y. (2020). Financial Technology for SMEs Capital Problems With Crowdfunding Method. <em>Media Ekonomi Dan Manajemen,</em> 35(2), 150163. http://dx.doi.org/10.24856/mem.v35i2.1503.</p><p>Bandura, A. (1977). Self-efficacy: Toward a Unifying Theory of Behavioral Change. <em>Psychological Review</em>, 84(2), 191215. https://doi.org/10.1007/978-3-319-75361-4.</p><p>Bastian, A. A. P. (2020). <em>Pengaruh Financial Technology terhadap Perkembangan Bisnis UMKM Melalui Variabel Intervining Kepuasan Konsumen</em>. <em>Skripsi</em>, UIN Syarif Hidayatullah, Jakarta, Indonesia.</p><p>Baur, M. (2014). Successors and the Family Business: Novel Propotions and Guiding Model for Effective Succession. <em>The American Academy of Business Journal</em>, 19(2), 133138.</p><p>Bokhari, I. H., Muhammad, A. B., & Zakaria, N. (2020). Succession Planning, Strategic Flexibility as Predictors of Business Sustainability in Family-Owned SMEs: Moderating Role of Organization Improvisation. <em>Pakistan Journal of Commerce and Social Sciences</em>, 14(1), 368387.</p><p>BPS. (2016). Sensus Ekonomi 2016 dan Sutas 2018. Retrived on November 6 2020 from http://diskopukm.jatimprov.go.id/info/data-ukm.</p><p>Dalimunthe, M. (2018). Implememtasi Fintech Terhadap UMKM di Kota Medan dengan Analisis SWOT. <em>Journal of Chemical Information and Modeling</em>, 53(9), 16891699.</p><p>Dyer, W. G. & Handler, J. W. (1994). Entrepreneurship and Family Business: Exploring the Connections. <em>Entrepreneurship Theory and Practice</em>, 7183. https://doi.org/10.1079/9780851998084.0021.</p><p>Fella, F. & Kristianti, I. (2020). Proses Suksesi Dan Pemahaman Akuntansi Pada Keberhasilan Bisnis Keluarga. <em>Nominal: Barometer Riset Akuntansi Dan Manajemen</em>, 9(1), 118. https://doi.org/10.21831/nominal.v9i1.29933.</p><p>Gersick, K., J. A. Davis, M. M. H., & Lansberg, I. (1997). <em>Generation to Generation: Life Cycles of the Family Business</em>. Harvard Business School Press.</p><p>Ghozali, I. (2018). <em>Aplikasi Analisis Multivariate dengan Program IBM SPSS 25 (9th ed.)</em>. Badan Penerbit Universitas Diponegoro.</p><p>Gunawan, F. & Mustamu, R. H. (2015). Analisis Perencanaan Suksesi dan Proses Mentoring pada Perusahaan Distribusi Bahan Kimia. <em>Agora</em>, 3(1). 145152.</p><p>Kamener, D. & Putri, D. (2017). Analisis Keberhasilan Suksesi Perusahaan Keluarga di Kota Padang. <em>Industrial Research Workshop and National Seminar Politeknik</em>, 18(2), 2026. retrived on September 12 from https://jurnal.polban.ac.id/index.php/proceeding/article/view/694/547.</p><p>Kautsar, A., Asandimitra, N. & Aji, T. S. (2019). Financial Self-Efficacy and Entrepreneurial Leadership on SME Performance. <em>International Journal of Academic Research in Business and Social Sciences</em>, 8(12), 18061816. https://doi.org/10.6007/ijarbss/v8-i12/5326.</p><p>Kiwia, R. H., Bengesi, K. M. K., & Ndyetabula, D. W. (2019). Succession Planning and Performance of Family-owned Small and Medium Enterprises in Arusha City Tanzania. <em>Journal of Family Business Management</em>, 10(3), 213230. https://doi.org/10.1108/JFBM-03-2019-0018.</p><p>Lumpkin, G. T. & Brigham, K. H. (2011). Long-term Orientation and Intertemporal Choice in Family Firms. <em>Entrepreneurship: Theory and Practice</em>, 35(6), 11491169. https://doi.org/10.1111/j.1540-6520.2011.00495.x.</p><p>Martini, L. K. B. (2018). <em>Suksesi Perusahaan Keluarga</em> (Cetakan Pertama). Denpasar: Penerbit Setia Budi</p><p>Ningsih, D. R. (2020). Peran Financial Technology (Fintech) dalam Membantu Perkembangan Wirausaha UMKM. <em>Prosiding Seminar Nasional Pendidikan Program Pascasarjana Universitas Pgri Palembang,</em> 270277.</p><p>Poza, E. J. (2007). <em>Family Business, 2nd Edition</em> (2nd ed.). United States of America: Thomson South-Western.</p><p>PwC. (2019). <em>The Value in Family Values Family Business Survey 2019</em>. retrived on September 14 2020 from www.pwc.com/mt/fbs2019.</p><p>PWC. (2018). <em>Family business survey 2018</em>, Retrived on September 14 2020 from ww.pwc.com/mt/fbs2018.</p><p>Rahardjo, B., Ikhwan, K., & Siharis, A. K. (2019). Pengaruh Financial Technology (FINTECH) terhadap Perkembangan UMKM di Kota Magelang. <em>Prosiding Seminat Nasional dan Call for Papers Fakultas Ekonomi Universitas Tidar</em>, 347356.</p><p>Septiani, V. & Mustamu, R. H. (2014). Perencanaan Suksesi pada Perusahaan Keluarga PT Gading Murni. Agora, 2(2), 18.</p><p>Ste-Marie, D. M., Carter, M. J., Law, B., Vertes, K., & Smith, V. (2016). Self-controlled Learning Benefits: Exploring Contributions of Self-efficacy and Intrinsic Motivation via Path Analysis. <em>Journal of Sports Sciences</em>, 34(17), 16501656. https://doi.org/10.1080/02640414.2015.1130236.</p><p>Stefanny, M. & Indriyani, R. (2013). Pengelolaan dan Pengembangan Usaha Furniture pada Aspek Pemasaran CV. Megahtama Cemerlang. <em>Program Manajemen Bisnis Universitas Kristen Petra</em>, 1(1), 110.</p><p>Surya.co.id. (2019). <em>Dinkop Jatim Dorong UMKM Naik Kelas di Tahun 2020, Lewat Program MJC ESJC dan OPOP</em>. Retrived on Oktober 11 2020 from https://surabaya.tribunnews.com/2019/12/17/dinkop-jatim-dorong-umkm-naik-kelas-di-tahun-2020-lewat-program-mjc-esjc-dan-opop.</p><p>Tjiang, C. G. H. & Mustamu, R. H. (2014). Perusahaan Keluarga di Bidang Konstruksi di Sidoarjo. <em>Program Manajemen Bisnis, Program Studi Manajemen, Universitas Kristen Petra</em>, 2(2).</p><p>Ukmindonesia. (2018). <em>Potret UMKM Indonesia: Si Kecil yang Berperan Besar</em>. Retrived on Oktober 10 2020 from https://www.ukmindonesia.id/baca-artikel/62.</p><p>Utami, C. W. (2017). The Role of Personality System Succession Pattern in Family Business in Indonesia. <em>Journal of Economics, Business, and Management</em>, 4(12), 870879. https://doi.org/10.21276/sjebm.2017.4.12.1.</p><p>Utami, C. W. (2019). The Difference Pattern of Succession Between Second Generation and Third (A Review of the Medium-Size Family Business). <em>Review of Management and Entrepreneurship</em>, 3(2), 133154.</p><p>Utami, C. W., Bernardus, D., & Sintha, G. (2017). The pattern analysis of family business succession: A study on medium scale family business in Indonesia. <em>European Research Studies Journal</em>, 20(2), 461474. https://doi.org/10.35808/ersj/653.</p><p>Waseem, R., Phil, M., Hasan, A., Mehar, M. R., & Khalid, M. (2018). Trans Generational Succession in Small Family Business. <em>International Journal of Contemporary Applied Researches</em>, 5(9), 6491. Retrived on October 14 2020 from www.ijcar.net.</p><p>WCED. (2019). WCED Annual Report 2018-2019. <em>WCED Online</em>, 1324. Retrived on October 14 2020 from https://wcedonline.westerncape.gov.za/documents/annual-report19/WCEDAnnualReport18-19.pdf.</p>Wijaya, I., & Mustamu, R. H. (2014). Analisis Deskriptif Proses Suksesi pada Perusahaan Keluarga yang Bergerak di Bidang Konveyor. <em>Agora</em>, 2(2), 17.
Downloads
Additional Files
Published
2021-06-30
How to Cite
Azhari, F. A. (2021). Pengaruh Financial Technology, Succession Planning, Financial Self-Efficacy, dan Personality System terhadap Suksesi Bisnis Keluarga (Studi pada UMKM Bisnis Keluarga Sektor Non-Pertanian di Surabaya). Jurnal Ilmu Manajemen, 9(2), 438–450. https://doi.org/10.26740/jim.v9n2.p438-450
Issue
Section
Artikel
License
Copyright (c) 2021 Jurnal Ilmu Manajemen
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Abstract views: 902
,
PDF Downloads: 864
, PDF Downloads: 0
, PDF Downloads: 0
, PDF Downloads: 0
, PDF Downloads: 0
, PDF Downloads: 0
