The Interrelationship of Working Capital: The Role of Financial Bootstraping and Government Support

• Autorzy: Maria Rio Rita , Supramono , Theresia Woro Dayamanti , Pambayun Kinasih Yekti Nastiti
• Języki publikacji: EN

Abstrakty

EN

This study aims to investigate the effects of financial bootstrapping and government support on working capital, as well as the moderating role of entrepreneurial orientation towards the impact of working capital on financial performance. The study was conducted on 260 MSME owners in the food and beverage sector in Semarang, Surakarta, and Salatiga, in Central Java Province, Indonesia. By using a Partial Least Squares-Structural Equation Modeling (PLS-SEM) analysis, the determinant effects and consequences of working capital were determined. The findings of this study indicate that financial bootstrapping and government support are proven to have a significant positive effect on working capital. Working capital has a significant positive effect on financial performance, but entrepreneurial orientation is not confirmed to moderate the effect of working capital on financial performance. (original abstract)

Słowa kluczowe

EN

Working capital; Entrepreneurial orientation; Financial support

PL

Kapitał obrotowy; Orientacja przedsiębiorcza; Wsparcie finansowe

• Czasopismo: e-Finanse
• Rocznik: 2024
• Tom: 20
• Numer: nr 1
• Strony: 51--63

Twórcy

autor

Maria Rio Rita

• Satya Wacana Christian University, Indonesia

autor

Supramono

• Satya Wacana Christian University, Indonesia

autor

Theresia Woro Dayamanti

• Satya Wacana Christian University, Indonesia

autor

Pambayun Kinasih Yekti Nastiti

• Satya Wacana Christian University, Indonesia

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Identyfikatory

DOI

10.2478/fiqf-2024-0005