Exploring the Impact of Company Scale, Financial Health, and Debt Structure on Corporate Performance: A Case Study of Consumer Goods Industry Firms Listed on the Indonesian Stock Exchange from 2017 to 2019
Keywords:
UMKM Performance, Business Strategy, Innovation, Managerial AbilityAbstract
This research aims to examine the influence of innovation variables and managerial capabilities in mediating the effect of business strategy on UMKM performance. Respondents are UMKM owners in Bandar Lampung City. Respondents of this study are UMKM owners who live in Bandar Lampung, because the area has become a center for industrial UMKM, especially in the Craft Sub-Sector. There are 62 questionnaires that can be collected. Based on PLS-SEM analysis, it is concluded that strategy directly has a significant positive effect on UMKM performance; strategy directly has a significant positive effect on innovation; strategy directly has a significant positive effect on managerial ability; innovation directly has a significant positive effect on UMKM performance; managerial ability directly has a significant positive effect on UMKM performance; innovation is positively and significantly able to mediate strategy on UMKM performance; and managerial ability is positively and significantly able to mediate strategy on UMKM performance.
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