The Effect of Financial Planning, Sustainable Investment, and Risk Management on Business Sustainability in the SME Sector

Authors

  • Aspiati A. Samiun Universitas Muhammadiyah Maluku Utara Author
  • Eko Sudarmanto Universitas Muhammadiyah Tangerang Author
  • Thitus Gilaa PT. Graytson Training Indonesia Author
  • Jamaluddin Majid UIN Alauddin Makassar Author
  • Purwanto Purwanto Universitas Kristen Satya Wacana Author

Keywords:

Financial Planning, Sustainable Investment, Risk Management, Business Sustainability, SMEs

Abstract

This study examines the effect of financial planning, sustainable investment, and risk management on business sustainability within the SME sector. A quantitative approach was employed, utilizing a sample of 80 SMEs and data collected through structured questionnaires. The responses were measured using a 5-point Likert scale, and the data were analyzed using SPSS version 25. The results indicate that financial planning, sustainable investment, and risk management all have a significant positive impact on business sustainability. The findings suggest that SMEs that adopt comprehensive financial planning, integrate ESG factors into their investment decisions, and implement robust risk management strategies are better positioned to achieve long-term sustainability. This research provides practical insights for SME owners, managers, and policymakers to enhance resilience and ensure business growth in a competitive environment.

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Published

2024-10-09

Issue

Vol. 1 No. 02 (2024): Sciences du Nord Economics and Business

Section

Articles

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Copyright (c) 2024 Aspiati A. Samiun, Eko Sudarmanto, Thitus Gilaa , Jamaluddin Majid , Purwanto Purwanto (Author)

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How to Cite

The Effect of Financial Planning, Sustainable Investment, and Risk Management on Business Sustainability in the SME Sector. (2024). Sciences Du Nord Economics and Business, 1(02), 100-108. https://north-press.com/index.php/sneb/article/view/36