Sustainability Strategy in the Development of Msmes by Bank Indonesia in Increasing Economic Growth by Using Green Economic Policy as an Intervening Variable

Revista de Gestão Social e Ambiental, Journal Year: 2025, Volume and Issue: 19(1), P. e010810 - e010810

Published: Jan. 16, 2025

Objective: The main objective of this study is to assess the impact Bank Indonesia's MSME Development program on economic growth, with a specific focus role green policies as an intervening variable. This research seeks identify key factors that contribute sustainability and growth MSMEs in Indonesia. Theoretical Framework: draws upon theories sustainable development, focusing economics business sustainability. framework integrates concepts from corporate sustainability, environmental policy, exploring how can leverage practices boost performance. Method: A mixed-method approach was employed, combining quantitative analysis survey data statistical tests qualitative methods such interviews case studies. examines direct indirect effects development program, while provides deeper insights into processes challenges faced by adopting policies. Results Discussion: findings indicate implement experience significant positive growth. These are further enhanced when incorporated practices. Specifically, identifies several contributing 1.Corporate Structuring: Positive through establishment stronger foundations, 2.Capacity Building: Expansion capabilities leads improved performance sustainability,3. Market Expansion: Broader market access fosters resilience 4.Outboarding: adoption outboarding strategies international competitiveness, 5.Intervening Role Green Economic Policies: significantly enhance initiatives, greater stability Research Implications:. highlights importance integrating programs, providing roadmap for policymakers design strategies. By not only but also support broader social goals.. Originality/Value: one first explore intersection context It contributes valuable be integrated foster long-term resilience..

Language: Английский

Sustainability Strategy in the Development of Msmes By Bank Indonesia in Increasing Economic Growth by Using Green Economic Policy As An Intervening Variable

Revista de Gestão Social e Ambiental, Journal Year: 2024, Volume and Issue: 18(12), P. e011090 - e011090

Published: Dec. 2, 2024

Objective: The main objective of this study is to assess the impact Bank Indonesia's MSME Development program on economic growth, with a specific focus role green policies as an intervening variable. This research seeks identify key factors that contribute sustainability and growth MSMEs in Indonesia. Theoretical Framework: draws upon theories sustainable development, focusing economics business sustainability. framework integrates concepts from corporate sustainability, environmental policy, exploring how can leverage practices boost performance. Method: A mixed-method approach was employed, combining quantitative analysis survey data statistical tests qualitative methods such interviews case studies. examines direct indirect effects development program, while provides deeper insights into processes challenges faced by adopting policies. Results Discussion: findings indicate implement experience significant positive growth. These are further enhanced when incorporated practices. Specifically, identifies several contributing 1.Corporate Structuring: Positive through establishment stronger foundations, 2.Capacity Building: Expansion capabilities leads improved performance sustainability,3. Market Expansion: Broader market access fosters resilience 4.Outboarding: adoption outboarding strategies international competitiveness, 5.Intervening Role Green Economic Policies: significantly enhance initiatives, greater stability Research Implications:. highlights importance integrating programs, providing roadmap for policymakers design strategies. By not only but also support broader social goals.. Originality/Value: one first explore intersection context It contributes valuable be integrated foster long-term resilience..

Language: Английский