Vol. 1 No. 1 (2026): IMANIF: Islamic Economics Management and Finance Journal
Articles

The Relationship Between Access To Finance, Managerial Skills, Socio-Cultural Factors And Business Performance Among Women MSMEs In Indonesia

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  • ulfa amani hidayati,
  • Isfahani Farnas
ulfa amani hidayati
Universiti Sultan Zainal Abidin
Isfahani Farnas
Universitas Muhammadiyah Bima

Published 2026-02-14

Keywords

  • Socio-Cultural Factors,
  • Government Support,
  • Business Performance,
  • Women MSMEs

Copyright (c) 2026 Ulfa Amani Hidayati, Isfahani Farnas (Penulis)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

This study examines the influence of socio-cultural factors on the business performance of women-owned micro, small, and medium enterprises (MSMEs) in Nusa Tenggara Barat, Indonesia, with government support serving as a mediating variable. Drawing on Gender Role Theory and Institutional Theory, this research conceptualizes socio-cultural norms as informal institutions that shape women’s engagement with formal policy mechanisms. Using covariance-based structural equation modeling (CB-SEM) with data from 366 women entrepreneurs, the results reveal that socio-cultural factors significantly influence government support and business performance. Government support also exerts a positive effect on performance and partially mediates the relationship between socio-cultural factors and business outcomes. These findings suggest that the effectiveness of public policy interventions depends on socio-cultural legitimacy and gender norm alignment. By integrating gender role perspectives with institutional analysis in a collectivist regional context, this study extends existing entrepreneurship literature beyond Western settings and highlights the interaction between informal norms and formal support systems in shaping women’s entrepreneurial success. The findings provide theoretical and policy insights for promoting inclusive regional economic development.
Pdf (Indonesian)

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