Moneta : Journal of Economics and Finance
Vol. 2 No. 2 (2024): April

Key Affecting Towards Financial Performance And Sustainability On Social Enterprises In Indonesia

Dudi Permana (Universitas Mercu Buana)



Article Info

Publish Date
18 Apr 2024

Abstract

This study explores the complex relationships between social impact projects, marketability, sustainability, financial performance, and environmental conservation measures in Indonesian social enterprises. Data from 348 social enterprises were quantitatively collected, and structural equation modelling was used for analysis. Strong validity and reliability were demonstrated by the measurement model, and the model fit analysis validated the general fit of the model. The structural model showed strong positive correlations between social impact programmes, marketing prowess, financial performance, and environmental preservation and sustainability policies. To improve financial performance and overall sustainability, social enterprises should integrate sustainable practices into their fundamental strategies, as highlighted by these findings, which offer insightful information for practitioners, policymakers, and academics. This research provides tangible implications for social enterprises in improving financial performance so as to impact empowerment.

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Journal Info

Abbrev

moneta

Publisher

Subject

Economics, Econometrics & Finance

Description

Moneta : Journal of Economics and Finance with ISSN Number 3030-8666 (Online) published by Indonesian Scientific Publication, published original scholarly papers across the whole spectrum of economics and finance. The journal attempts to assist in the understanding of the present and potential ...