Skip to main content
alam.amiki@gmail.com 6281260272238
Register
Articles

The Role of Business Sustainability in the Financial Management Governance of Micro, Small, and Medium Enterprises in the Digital Era

  • 1* Universitas Airlangga
  • 2 Universitas Pembinaan Masyarakat Indonesia
  • 3 Universitas Indonesia Timur
  • 4 Universitas Andi Djemma
  • 5 Universitas Gorontalo

* Corresponding Author: Bryant Ritchie Trisnodjojo

Open Access
DOI
https://doi.org/10.59431/ijer.v6i2.849
Published
Pages
771–779

Issue

Vol. 6 No. 2 (2026)

Indonesian Journal Economic Review (IJER)
June

Abstract

The purpose of this study is to explain the role of business sustainability in the financial management governance of micro, small, and medium enterprises in the digital era. This research employed a descriptive qualitative approach, with secondary data such as books and journal articles as references to aid analysis. The research results show that in the digital era, the concept of business sustainability is no longer merely a trend or a moral responsibility, but rather a strategic pillar that determines the life or death of micro, small, and medium enterprises. When integrated into financial management governance, sustainability serves as a navigator, ensuring that the use of digital technology not only pursues short-term profits but also long-term resilience. To survive and compete in the modern market, micro, small, and medium-sized enterprises are advised to immediately transition from manual financial record-keeping to digital-based systems such as smart accounting applications and integrated automated cashier platforms. This digitalization plays a crucial role because it provides full visibility of cash flow in real time, minimizes the risk of human error, and provides accurate data for rapid strategic decision-making.

Keywords

Business Sustainability Financial Management Governance Micro Small and Medium Enterprises

How to Cite

Trisnodjojo, B. R., Hiya, N., Supiati, Renaldi, & Utiarahman, N. (2026). The Role of Business Sustainability in the Financial Management Governance of Micro, Small, and Medium Enterprises in the Digital Era. Indonesian Journal Economic Review (IJER), 6(2), 771–779. https://doi.org/10.59431/ijer.v6i2.849

References

  • Fransisco, F., Prasetyo, K., Surya, S., Hutahean, T. F., & Pandiangan, S. M. T. (2024). Faktor-Faktor Fundamental Terhadap Earning Per Share Pada Perusahaan Perbankan BUMN. Journal of Economic, Bussines and Accounting (COSTING), 7(3), 5837-5844.
  • Gultom, J. A., Pandiangan, S. M. T., Silitonga, M., Sinurat, W., & Naibaho, R. (2024). PENGARUH PELATIHAN KERJA KARYAWAN TERHADAP PENINGKATAN KUALITAS PRODUK. ATDS SAINTECH JOURNAL OF ENGINEERING, 5(1), 14-18.
  • Gultom, J. A., Silitonga, M., Pandiangan, S. M. T., & Sinurat, W. (2024). ANALISIS SERVEQUAL DAN IMPORTANCE PERFORMANCE ANAYLISIS (IPA) UNTUK MENINGKATKAN KEPUASAN PELANGGAN PADA BENGKEL SEPEDA MOTOR. ATDS SAINTECH JOURNAL OF ENGINEERING, 5(2), 56-68.
  • Hamzah, R., Shifa, M., Musdirwan, M., Tanjung, I. I., Ningsih, L., & Pandiangan, S. M. T. (2025). Analysis of the Role of Decent Living Standards and Knowledge on Human Development Index Growth. International Journal Of Education, Social Studies, And Management (IJESSM), 5(3), 1566-1572.
  • Kurdhi, N. A., Sunarta, D. A., SH, M., Nur, N., Jenita, S. E., Hatta, I. H. R., ... & Rahman, A. (2023). Statistika Ekonomi. Cendikia Mulia Mandiri.
  • Lumbanraja, P. C., Lumbanraja, P. L., & Pandiangan, S. M. T. (2024). Covid-19 Pandemic: Is there any impact on the Agribusiness Index?. Research of Finance and Banking, 2(2), 87-96.
  • Marcella, V., Hutahaean, T. F., & Pandiangan, S. M. T. (2024). Determinant of Transfer Pricing Practices for Property and Real Estate Companies Listed on the Indonesia Stock Exchange Period 2020-2022. Journal of Management and Bussines (JOMB), 6(6), 1986-1993.
  • Mariani Alimuddin, S. E., Jana Sandra, S. E., Sarce Babra Awom, S. E., Pandiangan, S. M. T., Solehudin, M. M., Ahmad, S. E., ... & SE, M. (2023). Pengantar Ekonomika. Cendikia Mulia Mandiri.
  • Markonah, M., Riwayati, H. E., Jinan, A. S. I., & Terada, Y. (2024). Usaha mikro kecil dan menengah (umkm) berkelanjutan melalui literasi keuangan. Jurnal Abdimas: Sosial, Bisnis, Dan Lingkungan, 1(2), 82-87.
  • Nurhidayah, N., Safitri, M., & Badollahi, I. (2025). Penerapan Sistem Akuntansi Manajemen Dalam Meningkatkan Kinerja Bisnis Usaha Mikro, Kecil dan Menengah. Advances in Management & Financial Reporting, 3(2), 180-198.
  • Pandiangan, S. M. T. (2022). Analysis of Factors Affecting Interest in Buying a House. Journal of Innovation Research and Knowledge, 2(6), 2615-2620.
  • Pandiangan, S. M. T. (2023). Effect of Packaging Design and E-Satisfaction on Repurchase Intention with Quality of Service as an Intervening Variable to the Politeknik Unggulan Cipta Mandiri Students Using E-Commerce Applications. Journal of Production, Operations Management and Economics (JPOME), 3(4), 51-58.
  • Pandiangan, S. M. T. (2024). Effect of Income and Expenditure on Foreign Visitors at Indonesian Commercial Tourist Attractions. Journal of Social Responsibility, Tourism, and Hospitality (JSRTH), 4(2), 1-7.
  • Pandiangan, S. M. T., Gultom, J. A., Ariani, D., Dharmawan, D., & Butar-Butar, R. S. (2023). Effect of Problem-Based Learning Model on Learning Outcomes in Microeconomic Course. Edumaspul: Jurnal Pendidikan, 7(2), 5572-5575.
  • Pandiangan, S. M. T., Pattiasina, V., Mawadah, B., & Dharmawan, D. Suratminingsih.(2023). Effectiveness of Problem-Based Learning Model on Critical Thinking Ability in Financial Management Course. Edumaspul. Jurnal Pendidikan, 7(2), 5576-5580.
  • Pandiangan, S. M. T., Tambunan, H. N., Gultom, J. A., & Hutahaean, T. F. (2024). Analysis of Asset Management Ratio and Solvency Management Ratio. Journal of Corporate Finance Management and Banking System (JCFMBS), 4(2), 25-36.
  • Pandiangan, S. M. T., Fachrurazi, I., & Kevin, N. Yulia, & Dharmawan, Donny.(2024). Increasing Learning Achievement through the Application of Inquiry Methodsin Entrepreneurship Courses. Edumaspul: Jurnal Pendidikan, 8(1), 2471-2476.
  • Pandiangan, S. M. T., Sintesa, N., MM, C. P., Tarmin Abdulghani, S. T., MT, C., Ayi Muhiban, S. E., ... & Ak, M. (2024). PENGANTAR BISNIS DIGITAL. Cendikia Mulia Mandiri.
  • Pandiangan, S. M. T., Lumbanraja, P. C., Lumbanraja, P. L., Gultom, J. A., & LC, M. A. (2024). Effect of Service Quality on Hotel Guest Loyalty with Hotel Guest Satisfaction as an Intervening Variable in Five-Star Hotel. Journal of Social Responsibility, Tourism, and Hospitality (JSRTH), 4(3), 33-41.
  • Pandiangan, S. M. T., Sigalingging, L., Nafisa, L., Tasrim, T., & Santosa, S. (2025). PELATIHAN PENGGUNAAN FITUR SPSS KEPADA WIRAUSAHA SEBAGAI SARANA PROMOSI BISNIS. J-ABDI: Jurnal Pengabdian kepada Masyarakat, 4(8), 1585-1592.
  • Pandiangan, S. M. T., Dharmawan, D., Hariyanto, M., Pujiastuti, E., & Zalogo, E. F. (2025). Resilience Management in Generation Z Entrepreneurs in Medan City. International Journal Of Education, Social Studies, And Management (IJESSM), 5(1), 19-26.
  • Pandiangan, Saut Maruli Tua, Syaiful, Muhammad, Kundhani, Eranus Yoga, Elizabeth, Roosganda, Atmaja, Unang, Hatta, Muhammad, Kotngoran, Wiljan Atfentia, & Febrian. (2025). Pengantar Ekonomi Makro (Konsepsi dan Implementasinya). ISBN: 978-634-255-105-9. Padang: Penerbit Get Press Indonesia.
  • Pandiangan, Saut Maruli Tua, Gultom, Josua Alexander, Lumbanraja, Pretty Luci, Tambunan, Hotbona Novandi, & Simamora, Sarah Betty Tiomsi. (2025). The Impact of Green Marketing on Environmentally Friendly Consumer Behavior in Restaurants in Medan City. International Journal of Science and Environment (IJSE), 5(4), 361–368.
  • Ratnawita, P., Tua, S. M., Pratomo, A. B., Saputra, E. K., & Nuryanto, U. W. (2023). Analysis of the Experience of Teachers on Student Achievement in Economics at Private High School. Edumaspul. Jurnal Pendidikan, 7(1), 522-526.
  • Reinaldi, M., Suyatno, A., & Hastuti, I. (2024). Strategi Manajemen Keuangan untuk Usaha Mikro, Kecil, dan Menengah. Proceedings Law, Accounting, Business, Economics and Language, 1(1), 14-25.
  • Risman, A., & Saputra, B. L. E. (2024). Peningkatan Kinerja dan Keberlanjutan Bisnis UMKM Melalui Keuangan Digital. Jurnal Pengabdian Masyarakat Bangsa, 2(8), 3499-3506.
  • Sihombing, R. S. Z., Tutik, D. W., Nathalie, N., Hutahean, T. F., & Pandiangan, S. M. T. (2024). Analisis Rasio Likuiditas, Solvabilitas, Aktivitas, Pertumbuhan Dan Profitabilitas Terhadap Earning Per Share Terhadap PT. Bank BRI Tbk Pada Tahun 2018-2021. Journal of Economic, Bussines and Accounting (COSTING), 7(4), 8085-8093.
  • Sudirman, S., Taryana, T., Suprihartini, Y., Maulida, E., & Pandiangan, S. M. T. (2023). Effect of Lecturer Service Quality and Infrastructure Quality on Student Satisfaction. Journal of Innovation Research and Knowledge, 2(9), 3577-3582.
  • Tambunan, H. N., Pandiangan, S. M. T., & Candra, S. Mei Veronika Sri Endang, & Hendarti, Ricca.(2024). Upaya Peningkatan Perekonomian dengan Memanfaatkan Potensi Ibu Rumah Tangga di Era Digital pada Kelurahan Durian, Kecamatan Medan Timur. E-Amal: Jurnal Pengabdian kepada Masyarakat, 4 (1), 1-6.
  • Tambunan, H. N., & Pandiangan, S. M. T. (2024). Pengaruh Kegunaan Manajemen Sumber Daya Manusia (MSDM) dalam Meningkatkan Kinerja Organisasi. AKADEMIK: Jurnal Mahasiswa Humanis, 4(2), 650-658.
  • Tambunan, H. N., Haribowo, R., Akbar, A., Munizu, M., & Pandiangan, S. M. T. (2025). Operational Management for Business Production Processes. International Journal of Education, Social Studies, and Management (IJESSM), 5(1), 161-169.
  • Tambunan, H. N., Hutasoit, D. T. M., Julyarman, N., Nathaniel, R., Fakih, C., & Pandiangan, S. M. T. (2025). Talent Management Strategy to Face the Challenges of the Industrial Revolution 5.0 Era. International Journal Of Education, Social Studies, And Management (IJESSM), 5(2), 1109-1120.
  • Tambunan, Hotbona Novandi, Candra, & Pandiangan, Saut Maruli Tua. (2025). Strategi Manajemen Sumber Daya Manusia Hijau untuk Mengatasi Tantangan Keberlanjutan Organisasi. ProBisnis: Jurnal Manajemen, 16(6), 3064-3071.
  • Wijaya, A., Hutahean, T. F., & Pandiangan, S. M. T. (2024). PENGARUH FEE AUDIT, AUDIT TENURE, REPUTASI AUDITOR, KOMITE AUDIT, DAN ROTASI AUDIT TERHADAP KUALITAS AUDIT PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2019-2022. Journal of Economic, Bussines and Accounting (COSTING), 7(5), 4426-4438.
  • Yoppy, I., Hartono, I. A., Hutahaean, T. F., & Pandiangan, S. M. T. (2023). Influence Profitability, Policy debt, Policy Dividend, Investment Decision, And Firm Size to Company Value Manufacture Sub Sector Food And Drink Which Registered In the Indonesian Stock Exchange. International Journal of Economics Social and Technology, 2(3), 175-183.

Author Biographies

  • Bryant Ritchie Trisnodjojo, Universitas Airlangga

    Master of Accounting Study Program, Universitas Airlangga, Surabaya City, East Java. Indonesia.

  • Nirmadarningsih Hiya, Universitas Pembinaan Masyarakat Indonesia

    Management Study Program, Universitas Pembinaan Masyarakat Indonesia, Medan City, North Sumatra, Indonesia.

  • Supiati, Universitas Indonesia Timur

    Management Study Program, Universitas Indonesia Timur, Makassar City, South Sulawesi, Indonesia.

  • Renaldi, Universitas Andi Djemma

    Management Study Program, Universitas Andi Djemma, Palopo City, South Sulawesi, Indonesia.

  • Nurnaningsih Utiarahman, Universitas Gorontalo

    Management Study Program, Universitas Gorontalo, Gorontalo Regency, Gorontalo Province, Indonesia.

License

Copyright (c) 2026 Bryant Ritchie Trisnodjojo, Nirmadarningsih Hiya, Supiati, Renaldi, Nurnaningsih Utiarahman

Creative Commons License

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

This is an open-access journal. All articles are distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Under this license, you are free to:

  • Share: Copy and redistribute the material in any medium or format.
  • Adapt: Remix, transform, and build upon the material for any purpose, even commercially.

Attribution Requirements:
You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

Copyright and Retention:
Authors retain copyright without restrictions and grant this journal the right of first publication under an open-access model. The journal retains non-exclusive publishing rights for archiving, indexing, and scholarly dissemination.

Usage Statistics

Similar Articles

View all similar articles