FINANCIAL MANAGEMENT EFFORTS BASED ON LOCAL CULTURAL VALUES IN TRADITIONAL BUSINESSES IN SERANG, BANTEN PROVINCE

Ibrohim Ibrohim; Surachman Surachman

doi:10.53067/ije3.v5i3.427

Authors

Ibrohim Ibrohim Universitas Bina Bangsa
Surachman Surachman Universitas Bina Bangsa

DOI:

https://doi.org/10.53067/ije3.v5i3.427

Keywords:

Financial Management, Local Cultural Values, MSMEs, Traditional Business, Financial Literacy, Serang City.

Abstract

This study aims to analyze financial management efforts in traditional businesses in Serang City, Banten, which are influenced by local cultural values. The study employed a qualitative approach, with data collection techniques including in-depth interviews, participant observation, and documentation. Data analysis was conducted using NVivo 12. This study aims to identify themes, patterns, and interrelationships between financial literacy, financial management practices, and the influence of local culture on financial decision-making. The results show that business owners' financial literacy varies, but all implement simple cash recording as an adaptive mechanism. Informal financial management practices, such as simple budget planning and monthly evaluations, are consistent and effective. Local cultural values, including cooperation, deliberation, and mutual trust, facilitate capital collaboration, shared decision-making, and social accountability. Simple financial control strategies, combined with local cultural values , enhance transparency, prevent conflict, and support business sustainability. This study confirms that traditional business financial management need not be complex; a combination of financial literacy, simple practices, and local cultural wisdom is sufficient to maintain business efficiency and financial stability.

Downloads

Download data is not yet available.

References

Aulia, F., Mulyadi, D., & Sungkono. (2024). Pengaruh literasi keuangan terhadap pengelolaan keuangan Usaha Mikro Kecil Menengah (UMKM) Karawang. PENG: Jurnal Ekonomi dan Manajemen, 1(2), 84–91. https://doi.org/10.62710/j10fy892

Bazeley, P., & Jackson, K. (2022). Qualitative data analysis with NVivo (3rd ed.). SAGE Publications. https://doi.org/10.4135/9781529769248

Creswell, J. W., & Poth, C. N. (2018). Qualitative inquiry and research design: Choosing among five approaches (4th ed.). SAGE Publications. https://doi.org/10.4135/9781506330204

Dewi, W. K., & Wahyuni, R. E. (2023). Pengaruh literasi keuangan terhadap pengelolaan keuangan Usaha Mikro Kecil dan Menengah. Target: Jurnal Manajemen Bisnis, 5(2), 155–165. https://doi.org/10.30812/target.v5i2.3549

Fitriani, D. R., Andari, A. T., & Farida, W. M. (2025). Nilai budaya lokal dalam praktik akuntansi manajemen (PAM) di UMKM. Jurnal Akuntansi dan Ekonomi Bisnis, 14(01), 23–41.

Haryanto, T., & Utami, D. R. (2023). Pengelolaan keuangan UMKM berbasis praktik bisnis lokal di Indonesia. Jurnal Manajemen dan Akuntansi, 10(2), 112–124. https://doi.org/10.31227/osf.io/xyz123

Kurniawan, R., & Sari, N. (2023). Literasi keuangan dan kinerja UMKM: Studi empiris di Jawa Tengah. Jurnal Ekonomi dan Bisnis Indonesia, 8(1), 55–68. https://doi.org/10.24843/jebi.2023.v08.i01.p05

Lincoln, Y. S., & Guba, E. G. (1985). Naturalistic inquiry. SAGE Publications. https://doi.org/10.4135/9781412985000

Lismarisa, N. (2025). Pengaruh literasi keuangan, pengalaman keuangan, dan perilaku terhadap pengelolaan keuangan. JURRIE: Jurnal Riset Ekonomi dan Bisnis Indonesia, 3(1), 45–58. https://doi.org/10.33395/jurrie.v3i1.5722

Prasetyo, A., & Handayani, S. (2022). Kearifan lokal sebagai basis pengelolaan keuangan UMKM. Jurnal Akuntansi dan Keuangan Indonesia, 9(2), 101–115. https://doi.org/10.20885/jaki.vol9.iss2.art6

Putri, D., Harahap, I., Sugiarti, S., & Efendi, B. (2023). Peningkatan kinerja keuangan UMKM di Indonesia melalui literasi keuangan dan inklusi keuangan. Edunomika: Jurnal Ilmiah, 8(1), 1–10. https://doi.org/10.30996/edunomika.v8i1.1234

Rahman, F., & Putri, D. A. (2022). Literasi keuangan dan pengambilan keputusan pada UMKM di Sumatera Barat. Jurnal Riset Akuntansi dan Manajemen, 7(1), 45–60. https://doi.org/10.30598/jram.v7i1.512

Santoso, B., & Lestari, P. (2023). Integrasi nilai budaya lokal dalam praktik keuangan UMKM. Jurnal Ekonomi, Manajemen, dan Kewirausahaan, 11(1), 77–88. https://doi.org/10.22219/jemk.v11i1.450

Sekolah Tinggi Ilmu Ekonomi Kasih Bangsa, M. C., Yulianti, G., & Ruslaini, R. (2025). Pengaruh literasi keuangan terhadap keberlanjutan bisnis UMKM di Indonesia. JUMBIWIRA: Jurnal Manajemen Bisnis Kewirausahaan, 4(1), 218–220. https://doi.org/10.56910/jumbiwira.v4i1.2079

Susanti, R., & Widodo, A. (2024). Praktik pengelolaan keuangan UMKM berbasis budaya lokal di Jawa Tengah. Jurnal Ekonomi & Bisnis Terapan, 7(1), 35–50. https://doi.org/10.30598/jebt.v7i1.552

Thalib, M. A., Mohamad, A. F. N., Ijini, A., & Ibahim, K. (2024). Potret nilai-nilai kearifan lokal di balik praktik akuntansi oleh pedagang takjil. RISTANSI: Riset Akuntansi, 4(2), 217–240.

Usmaedi, U., Eka Anggraini, A., Suherman, S., Mualimah, E. N., & Solihatulmilah, E. (2021). Membangun nilai-nilai etika melalui budaya lokal Banten sebagai upaya pencegahan kasus tindak pidana korupsi di Provinsi Banten. Jurnal Educatio FKIP UNMA, 7(2), 446–451.

Zubaidah, T. R., Wadhah, A. N., & Muzakki, K. (2025). Optimalisasi pembudayaan pengelolaan keuangan UMKM melalui pendekatan akuntansi. Nusantara Entrepreneurship and Management Review, 2(1), 12–29.