SUSTAINABILITAS KINERJA FINANSIAL: STUDI DALAM PERSPEKTIF KNOWLEDGE MANAGEMENT, TALENT DEVELOPMENT, DAN MODAL SOSIAL
Fakultas Ekonomi dan Bisnis Universitas Merdeka Malang
Jl. Terusan Raya Dieng No.62-64, Malang, 65146.
Korespondensi dengan Penulis:
Pudjo Sugito: Telp. +6281 334 546 815
The aim of this research was to explore the financial performance sustainability of small and medium industries in perspective of knowledge management, talent development and social capital. The population in this study was all small and medium industries in the district of Tulungagung, East Java. The number of samples was 100 respondents. The purposive random sampling technique was used to collect data. Furthermore, the data was analyzed by descriptive and inferential technique analysis and Structural Equation Modeling (SEM). Factor analysis on SEM was used to confirm the most dominant variable in one group. Regression weight on confirmatory SEM was used to examine how much the relationship between variables. The results of data analysis showed that the three research hypotheses that had been formulated statistically were accepted. First in detail, the better the knowledge management was, the better the financial performance sustainability (CR = 2,896 and P = 0,001) was. Second, the better the talent development was, the better the financial performance sustainability of (CR = 2,734 and P = 0,003) was, and third, the higher the intensity of social capital was, the higher the financial performance sustainability (CR = 2,221 and P = 0,020) was. It meant that all factors had to be concerned to develop the small and medium industries.
Key words: financial performance sustainability, knowledge management, talent development, social capital