Financial Technology, Regulation, and Inclusion Effects on Business Outcomes in Major World Economies

Karta, Ni Luh Putu Agustini and Bendesa, I Wayan Pariasta and Waworuntu, Stephanus Remond and Susila, I Nyoman (2024) Financial Technology, Regulation, and Inclusion Effects on Business Outcomes in Major World Economies. Journal of System and Management Sciences, 14 (4). pp. 279-299. ISSN 1816-6075 (Print)

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Abstract

Financial inclusion is one of the top priority issues as an important key towards
reducing extreme poverty and increasing shared prosperity by giving people easier access to
financial facilities. The World Bank and the G20 countries have a high commitment to
providing financial inclusion for organizations, companies and the general public. The issue
of financial inclusion was greatly amplified during the COVID-19 crisis. The objective of this
study is to find out the relationship between financial inclusion, financial technology and
financial regulation on business performance. This research uses the variables provided by the
Enterprise Survey for data published in June 2022 carried out by the World Bank called the
World Bank Enterprise Survey or WBES June 2022.SmartPLS was used for the data
analization method. The results of this study found that financial technology has a positive
influence on financial inclusion and financial performance, both by itself and mediated by
financial inclusion. However, financial regulation has a negative impact on financial inclusion
and business performance, either by itself or mediated by financial inclusion. This research
suggests investors and entrepreneurs in the future to improve their company's performance by
increasing the financial inclusion and financial technology of the company. In addition, this
study suggests regulators provide relief from regulations on the use of financial facilities so
that companies can carry out business activities smoothly.

Item Type:	Article
Subjects:	H Social Sciences > HG Finance H Social Sciences > HJ Public Finance
Divisions:	Faculty of Law, Arts and Social Sciences > School of Management
Depositing User:	Dr. Agustini Karta
Date Deposited:	24 Jun 2024 04:12
Last Modified:	26 Jun 2024 00:05
URI:	http://eprints.triatmamulya.ac.id/id/eprint/2161

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