THE NAHDLIYAH SPIRITUAL VALUE PERSPECTIVE IN ANALYZING THE ROLE OF FINANCIAL PERFORMANCE OF MSME
The most researches related to the Nahdlatul Ulama (NU) community business performance is just focus on the role of entrepreneur, ICT, e-commerce, marketing, and other common variables that have ignored the important concept which initiated from the main value of the NU’s movement philosophy. It is...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Brawijaya
2023-09-01
|
| Series: | Jurnal Aplikasi Manajemen |
| Subjects: | |
| Online Access: | https://jurnaljam.ub.ac.id/index.php/jam/article/view/7303 |
| _version_ | 1797646214825508864 |
|---|---|
| author | Bedjo Santoso Hendar Hendar Zaenudin Zaenudin Razali Bin Haron |
| author_facet | Bedjo Santoso Hendar Hendar Zaenudin Zaenudin Razali Bin Haron |
| author_sort | Bedjo Santoso |
| collection | DOAJ |
| description | The most researches related to the Nahdlatul Ulama (NU) community business performance is just focus on the role of entrepreneur, ICT, e-commerce, marketing, and other common variables that have ignored the important concept which initiated from the main value of the NU’s movement philosophy. It is therefore, this study aimed to analyses the role of Nahdliyah spiritual value (NSV) to NU’s busines performance. NSV considered as new concept synthesized by combining resource advantage on competition theory (RACT) and social identity theory (SIT) inserted by Nahdliyin value concept. The object of this research is the NU business community members of the NU Entrepreneurs Association (HPN). This study used a quantitative method with purposive sampling to select 350 MSMEs (UMKM) under HPN in Central Java and tested the regressive relationship of 6 variables with SEM PLS 4.0. The findings show that digital marketing capabilities, ICT, and entrepreneurial spirit are the factors that most support the existence of NSV. Besides that, NSV plays a role in mediating the relationship between these three factors to financial performance in an MSME. This study fulfils the theoretical gaps and produces new perspectives into the spiritual value concept of resource advantage theory on the competition by inserting spiritual values implemented in MSMEs based on spiritual community businesses. This research contributes to the development of a new concept of NSV. The study also covered the research gap related to the relationship between the variables involved. |
| first_indexed | 2024-03-11T14:58:21Z |
| format | Article |
| id | doaj.art-e9d48384b2dc410c91bd8a5319ed5e1a |
| institution | Directory Open Access Journal |
| issn | 1693-5241 2302-6332 |
| language | English |
| last_indexed | 2024-03-11T14:58:21Z |
| publishDate | 2023-09-01 |
| publisher | University of Brawijaya |
| record_format | Article |
| series | Jurnal Aplikasi Manajemen |
| spelling | doaj.art-e9d48384b2dc410c91bd8a5319ed5e1a2023-10-30T08:16:43ZengUniversity of BrawijayaJurnal Aplikasi Manajemen1693-52412302-63322023-09-0121362264110.21776/ub.jam.2023.021.03.061509THE NAHDLIYAH SPIRITUAL VALUE PERSPECTIVE IN ANALYZING THE ROLE OF FINANCIAL PERFORMANCE OF MSMEBedjo Santoso0Hendar Hendar1Zaenudin Zaenudin2Razali Bin Haron3Department of Management, Faculty of Economics, Universitas Islam Sultan AgungDepartment of Management, Faculty of Economics, Universitas Islam Sultan AgungDepartment of Management, Faculty of Economics, Universitas Islam Sultan AgungInstitute of Islamic Banking and Finance, International Islamic UniversityThe most researches related to the Nahdlatul Ulama (NU) community business performance is just focus on the role of entrepreneur, ICT, e-commerce, marketing, and other common variables that have ignored the important concept which initiated from the main value of the NU’s movement philosophy. It is therefore, this study aimed to analyses the role of Nahdliyah spiritual value (NSV) to NU’s busines performance. NSV considered as new concept synthesized by combining resource advantage on competition theory (RACT) and social identity theory (SIT) inserted by Nahdliyin value concept. The object of this research is the NU business community members of the NU Entrepreneurs Association (HPN). This study used a quantitative method with purposive sampling to select 350 MSMEs (UMKM) under HPN in Central Java and tested the regressive relationship of 6 variables with SEM PLS 4.0. The findings show that digital marketing capabilities, ICT, and entrepreneurial spirit are the factors that most support the existence of NSV. Besides that, NSV plays a role in mediating the relationship between these three factors to financial performance in an MSME. This study fulfils the theoretical gaps and produces new perspectives into the spiritual value concept of resource advantage theory on the competition by inserting spiritual values implemented in MSMEs based on spiritual community businesses. This research contributes to the development of a new concept of NSV. The study also covered the research gap related to the relationship between the variables involved.https://jurnaljam.ub.ac.id/index.php/jam/article/view/7303nahdliyah spiritual valuefinancial performancemsmesbusiness community |
| spellingShingle | Bedjo Santoso Hendar Hendar Zaenudin Zaenudin Razali Bin Haron THE NAHDLIYAH SPIRITUAL VALUE PERSPECTIVE IN ANALYZING THE ROLE OF FINANCIAL PERFORMANCE OF MSME Jurnal Aplikasi Manajemen nahdliyah spiritual value financial performance msmes business community |
| title | THE NAHDLIYAH SPIRITUAL VALUE PERSPECTIVE IN ANALYZING THE ROLE OF FINANCIAL PERFORMANCE OF MSME |
| title_full | THE NAHDLIYAH SPIRITUAL VALUE PERSPECTIVE IN ANALYZING THE ROLE OF FINANCIAL PERFORMANCE OF MSME |
| title_fullStr | THE NAHDLIYAH SPIRITUAL VALUE PERSPECTIVE IN ANALYZING THE ROLE OF FINANCIAL PERFORMANCE OF MSME |
| title_full_unstemmed | THE NAHDLIYAH SPIRITUAL VALUE PERSPECTIVE IN ANALYZING THE ROLE OF FINANCIAL PERFORMANCE OF MSME |
| title_short | THE NAHDLIYAH SPIRITUAL VALUE PERSPECTIVE IN ANALYZING THE ROLE OF FINANCIAL PERFORMANCE OF MSME |
| title_sort | nahdliyah spiritual value perspective in analyzing the role of financial performance of msme |
| topic | nahdliyah spiritual value financial performance msmes business community |
| url | https://jurnaljam.ub.ac.id/index.php/jam/article/view/7303 |
| work_keys_str_mv | AT bedjosantoso thenahdliyahspiritualvalueperspectiveinanalyzingtheroleoffinancialperformanceofmsme AT hendarhendar thenahdliyahspiritualvalueperspectiveinanalyzingtheroleoffinancialperformanceofmsme AT zaenudinzaenudin thenahdliyahspiritualvalueperspectiveinanalyzingtheroleoffinancialperformanceofmsme AT razalibinharon thenahdliyahspiritualvalueperspectiveinanalyzingtheroleoffinancialperformanceofmsme AT bedjosantoso nahdliyahspiritualvalueperspectiveinanalyzingtheroleoffinancialperformanceofmsme AT hendarhendar nahdliyahspiritualvalueperspectiveinanalyzingtheroleoffinancialperformanceofmsme AT zaenudinzaenudin nahdliyahspiritualvalueperspectiveinanalyzingtheroleoffinancialperformanceofmsme AT razalibinharon nahdliyahspiritualvalueperspectiveinanalyzingtheroleoffinancialperformanceofmsme |