Article Sidebar

Download
PDF
Statistic
Read Counter : 48 Download : 45

Main Article Content

Abstract

Penelitian ini bertujuan untuk mengeksplorasi penerapan manajemen risiko keuangan (MRK) pada startup di berbagai sektor, seperti teknologi, manufaktur, ritel, dan layanan, serta menganalisis pengaruh kondisi ekonomi dan regulasi lokal terhadap strategi yang diterapkan. Penelitian ini menggunakan pendekatan kualitatif dengan metode Systematic Literature Review (SLR). Berbagai studi literatur relevan dikumpulkan dan dianalisis untuk mengidentifikasi pola umum, praktik terbaik, serta hambatan dan tantangan yang dihadapi oleh startup dalam implementasi MRK. Hasil penelitian menunjukkan bahwa setiap sektor memiliki pendekatan MRK yang bervariasi sesuai dengan karakteristik unik dan risiko yang dihadapi. Penggunaan teknologi seperti AI dan analitik data real-time merupakan pola umum, tetapi penerapannya bergantung pada akses modal dan sumber daya. Startup di negara berkembang sering kali menggunakan solusi alternatif karena keterbatasan modal dan akses teknologi, sedangkan di negara maju regulasi dan infrastruktur mendukung penerapan strategi yang lebih komprehensif. Penelitian ini menyoroti pentingnya adopsi teknologi secara bertahap serta peningkatan keterampilan manajerial dan keuangan di kalangan pengelola startup. Selain itu, penelitian ini memberikan panduan praktis bagi pembuat kebijakan untuk mendukung regulasi dan infrastruktur yang kondusif bagi penerapan MRK yang efektif.

Keywords

Manajemen Risiko Keuangan Startup Teknologi Regulasi

Article Details

Creative Commons License

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

How to Cite
Rachma, N. (2024). Penerapan Manajemen Risiko Keuangan pada Perusahaan Startup: Sebuah Tinjauan Kualitatif. Paradoks : Jurnal Ilmu Ekonomi, 7(4), 436–450. https://doi.org/10.57178/paradoks.v7i4.988
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Al Remeithi, A. A., & Ahmad, S. Z. (2020). The Crown Prince Court’s Training and Career Development section: managing training for its employees. Emerald Emerging Markets Case Studies, 10(1), 1–16. https://doi.org/10.1108/EEMCS-08-2019-0213
  2. Albar, M. K., Dwinalida, K., & Yuliana, Y. (2023). Modeling of a Business Incubator Program for Islamic Youth Organizations for the Development of Superior Rural Products. Kontigensi: Jurnal Ilmiah Manajemen, 11(2), 777–785. https://doi.org/10.56457/jimk.v11i2.476
  3. Aldianto, L., Anggadwita, G., Permatasari, A., Mirzanti, I. R., & Williamson, I. O. (2021). Toward a business resilience framework for startups. Sustainability, 13(6), 3132. https://doi.org/10.3390/su13063132
  4. Asrofillah, M. F., & Widodo, T. (2023). PENGARUH STRUKTUR MODAL DAN PERTUMBUHAN PERUSAHAAN TERHADAP KINERJA KEUANGAN DAN KINERJA SAHAM PERUSAHAAN START-UP. 11th Applied Business and Engineering Conference, September, 36–43. https://abecindonesia.org/proceeding/index.php/abec/article/view/405/380
  5. Ayusningtyas, A. F., Yendra, Y., & Marihi, L. O. (2024). Analysis of Bank Health Levels Using the Camel Method at BUMN Commercial Banks Listed. Advances in Management & Financial Reporting, 2(3), 135–148. https://doi.org/10.60079/amfr.v2i3.256
  6. Bielialov, T. (2022). Risk Management of Startups of Innovative Products. Journal of Risk and Financial Management, 15(5). https://doi.org/10.3390/jrfm15050202
  7. Brown, J. R., Martinsson, G., & Petersen, B. C. (2012). Do financing constraints matter for R&D? European Economic Review, 56(8), 1512–1529. https://doi.org/https://doi.org/10.1016/j.euroecorev.2012.07.007
  8. Calvin, A. V. (2021). Pengelolaan Bisnis Start-Up Bidang Jasa didasarkan Kapabilitas Sumber Daya Manusia yang Unggul di dalam Dunia Digital. Jurnal Indonesia Sosial Sains, 2(05), 695–711. https://doi.org/10.59141/jiss.v2i05.296
  9. Chen, Y., kumara, E. K., & Sivakumar, V. (2023). RETRACTED ARTICLE: Investigation of finance industry on risk awareness model and digital economic growth. Annals of Operations Research, 326(1), 15. https://doi.org/10.1007/s10479-021-04287-7
  10. Edison, H., Smørsgård, N. M., Wang, X., & Abrahamsson, P. (2018). Lean Internal Startups for Software Product Innovation in Large Companies: Enablers and Inhibitors. Journal of Systems and Software, 135, 69–87. https://doi.org/https://doi.org/10.1016/j.jss.2017.09.034
  11. Erdogan, E., & Koohborfardhaghighi, S. (2019). Delivering a Systematic Framework for the Selection and Evaluation of Startups BT - Economics of Grids, Clouds, Systems, and Services (M. Coppola, E. Carlini, D. D’Agostino, J. Altmann, & J. Á. Bañares (eds.); pp. 151–159). Springer International Publishing.
  12. Firmansyah, A., Andriyani, A. F., Mahrus, M. L., Febrian, W., & Jad, P. H. (2021). Biaya modal perusahaan di Indonesia: tanggung jawab sosial dan tata kelola perusahaan. Jurnal Ekonomi, 26(3), 371–388.
  13. Fossen, F. M., & Sorgner, A. (2021). Digitalization of work and entry into entrepreneurship. Journal of Business Research, 125, 548–563. https://doi.org/https://doi.org/10.1016/j.jbusres.2019.09.019
  14. Galvão, A., Marques, C., & Ferreira, J. J. (2020). The role of entrepreneurship education and training programmes in advancing entrepreneurial skills and new ventures. European Journal of Training and Development, 44(6/7), 595–614. https://doi.org/10.1108/EJTD-10-2019-0174
  15. Gupta, S. (2016). Real-Time Big Data Analytics.
  16. Harto, B., Rukmana, A. Y., Boari, Y., Rusliyadi, M., Aldo, D., Juliawati, P., & Dewi, Y. A. (2023). WIRAUSAHA BIDANG TEKNOLOGI INFORMASI: Peluang usaha dalam meyongsong era society 5.0. PT. Sonpedia Publishing Indonesia.
  17. Haryanto, J. T. (2024). Short-Term Versus Long-Term Portfolio Management Strategies and the Selection of Securities. Advances in Management & Financial Reporting, 2(1), 11–23. https://doi.org/10.60079/amfr.v2i1.247
  18. Hermawan, A. (2021). Analisis Strategi dan Model Bisnis Start-Up untuk Mendorong Pertumbuhan Bisnis Start-Up di Tasikmalaya. Strategic: Jurnal Pendidikan Manajemen Bisnis, 21(1), 23–30.
  19. Huston, S. J. (2010). Measuring financial literacy. Journal of Consumer Affairs, 44(2), 296–316. https://doi.org/10.1111/j.1745-6606.2010.01170.x
  20. Insights, C. B. (2021). The Top 12 Reasons Start-ups Fail. CB Insights.
  21. Ismail, A., Herbenita, H., Desliniati, N., & Andriyati, Y. (2024). Mengenal Investasi di Pasar Modal: Melalui Sekolah Pasar Modal Bursa Efek Indonesia. Asadel Liamsindo Teknologi.
  22. Jappelli, T., & Padula, M. (2013). Investment in financial literacy and saving decisions. Journal of Banking & Finance, 37(8), 2779–2792. https://doi.org/https://doi.org/10.1016/j.jbankfin.2013.03.019
  23. Judijanto, L., Karmagatri, M., Lutfi, M., Sepriano, S., Pipin, S. J., Erwin, E., Indrayani, N., Nugraha, U., & Lukmana, H. H. (2024). Pengembangan Startup Digital: Referensi Sukses Memulai Bisnis Startup Digital Era Industri 4.0 dan Society 5.0. PT. Green Pustaka Indonesia.
  24. Khuan, H., Maulana, Y. S., Triwijayati, A., Rengganawati, H., & Arifin, Z. (2023). Adaptation and innovation strategies in facing business challenges: A case study in the digital industry. The Es Economics and Entrepreneurship, 2(01), 36–42. https://doi.org/10.58812/esee.v2i01.126
  25. Kotler, P., Keller, K. L., Brady, M., Goodman, M., & Hansen, T. (2016). Marketing Management 3rd edn PDF eBook. Pearson Higher Ed.
  26. Krishnan (Retd.), C. S. N., Ganesh, L. S., & Rajendran, C. (2022). Management accounting tools for failure prevention and risk management in the context of Indian innovative start-ups: a contingency theory approach. Journal of Indian Business Research, 14(1), 23–48. https://doi.org/10.1108/JIBR-02-2021-0060
  27. Leisen, R., Steffen, B., & Weber, C. (2019). Regulatory risk and the resilience of new sustainable business models in the energy sector. Journal of Cleaner Production, 219, 865–878. https://doi.org/https://doi.org/10.1016/j.jclepro.2019.01.330
  28. Mcconnell, P. (2022). The strategic risks facing start-ups in the financial sector. Journal of Risk Management in Financial Institutions, 15(2), 114–141. https://econpapers.repec.org/RePEc:aza:rmfi00:y:2022:v:15:i:2:p:114-141
  29. Mendrofa, S. A., Santoso, A., Buulolo, N. A., Hasanuddin, R., Duha, T., Rozak, A., Amrulloh, A., Farlina, W., Tasman, A., & Fitra, H. (2024). Manajemen Keuangan Era Digital. MEGA PRESS NUSANTARA.
  30. Muttaqiin, N., Agustina, H., & Khusnah, H. (2018). PERENCANAAN KEUANGAN PRIBADI UNTUK REMAJA. 2(1), 17–20. https://doi.org/10.58812/jbmws.v2i02.328
  31. Muttaqin, N. (2023). Analisis Turn Around Perusahaan PT Telkom Indonesia sebagai Respons terhadap Tantangan Bisnis Digital. Universitas Pelita Harapan. https://www.researchgate.net/profile/Nurhanifah-Muttaqin-3/publication/372589401_Analisis_Turn_Around_Perusahaan_PT_Telkom_Indonesia_sebagai_Respons_terhadap_Tantangan_Bisnis_Digital/links/64bf84cb8de7ed28bac0b6f5/Analisis-Turn-Around-Perusahaan-PT-Telkom-Indonesia-sebagai-Respons-terhadap-Tantangan-Bisnis-Digital.pdf
  32. Nisa, Y. K., Diana, P., & Fathoni, A. (2020). THE EFFECT OF GOOD CORPORATE GOVERNANCE, CAPITAL STRUCTURE AND APPLICATION OF RISK MANAGEMENT FINANCIAL PERFORMANCE OF THE COMPANY WITH RISK MANAGEMENT AS MODERATING (Case Study of Mining Sub-Sector Companies Listed on IDX Period 2014-2018). Journal of Management, 6(1). http://jurnal.unpand.ac.id/index.php/MS/article/view/1528
  33. Novanda, R. R. (2022). Initiation of the establishment of a technology business incubator at university for agripreneurship (study case at Bengkulu University, Indonesia). Journal of Innovations and Sustainability, 6(2), 1–12. https://www.ceeol.com/search/article-detail?id=1161919
  34. Padli, A., Khairunnisa, N., Khanza, A., Andayani, D., & Halim, E. (2023). Strategi Pengembangan Startup Teknologi di Indonesia Melalui IT Business Incubation. Jurnal MENTARI: Manajemen, Pendidikan Dan Teknologi Informasi, 3(1 SE-Articles), 73–80. https://doi.org/10.33050/mentari.v3i1.621
  35. Permata, I. (2023). Insights into Effective Corporate Financial Management Practices and Their Implications. Advances in Management & Financial Reporting, 1(3), 129–144. https://doi.org/10.60079/amfr.v1i3.194
  36. Prakoso, T., & Apriliani, R. (2024). Strategi Manajemen Keuangan untuk Bisnis Startup. Bulletin of Community Engagement, 4(2), 514–524.
  37. Purwanti, D. (2023). The Strategic Imperative of Treasury and Financial Risk Management in a Volatile Economic Landscape. Advances in Management & Financial Reporting, 1(3), 119–128. https://doi.org/10.60079/amfr.v1i3.224
  38. Rahman, A. A. (2023). PERENCANAAN STRATEGIS PADA PERUSAHAAN DIGITAL RINTISAN (STARTUP): STUDI KASUS SIBER TEKNOLOGI INDONESIA. Jurnal Ekonomika Dan Manajemen, 12(2), 133–148. https://doi.org/10.36080/jem.v12i2.2591
  39. Roberto, C., Silva, J., Cezar, J., Siluk, M., & Luis, A. (2023). Mapping Risks Faced by Startup Investors : An Approach Based on the Apriori Algorithm. 1–19. https://doi.org/10.3390/risks11100177
  40. Silva, D. S., Ghezzi, A., Aguiar, R. B. de, Cortimiglia, M. N., & ten Caten, C. S. (2021). Lean startup for opportunity exploitation: adoption constraints and strategies in technology new ventures. International Journal of Entrepreneurial Behavior & Research, 27(4), 944–969. https://doi.org/10.1108/IJEBR-01-2020-0030
  41. Silva, E., Beirão, G., & Torres, A. (2023). How startups and entrepreneurs survived in times of pandemic crisis: Implications and challenges for managing uncertainty. Journal of Small Business Strategy, 33(1), 84–97. https://doi.org/10.53703/001c.72084
  42. Sugianto, S., Hasriani, H., & Noor, R. M. (2024). Innovations in Risk Measurement and Management for Strategic Financing Decisions. Advances in Management & Financial Reporting, 2(2), 59–71. https://doi.org/10.60079/amfr.v2i2.263
  43. Tanev, S., Rasmussen, E. S., Zijdemans, E., Lemminger, R. O. Y., & Svendsen, L. L. (2015). Lean and global technology start-ups: linking the two research streams. International Journal of Innovation Management, 19(03), 1540008. https://doi.org/10.1142/S1363919615400083
  44. Teberga, P. M. F., Oliva, F. L., & Kotabe, M. (2018). Risk analysis in introduction of new technologies by start-ups in the Brazilian market. Management Decision, 56(1), 64–86. https://doi.org/10.1108/MD-04-2017-0337
  45. Van Opstal, W., & Borms, L. (2023). Startups and circular economy strategies: Profile differences, barriers and enablers. Journal of Cleaner Production, 396, 136510. https://doi.org/https://doi.org/10.1016/j.jclepro.2023.136510
  46. Venczel, T. B., Berényi, L., & Hriczó, K. (2024). The Project and Risk Management Challenges of Start-ups. Acta Polytechnica Hungarica, 21(2), 151–166. https://doi.org/10.12700/APH.21.2.2024.2.8
  47. Wirawan, P. (2023). Leveraging Predictive Analytics in Financing Decision-Making for Comparative Analysis and Optimization. Advances in Management & Financial Reporting, 1(3), 157–169. https://doi.org/10.60079/amfr.v1i3.209
  48. Zahra, S. A. (2021). The resource-based view, resourcefulness, and resource management in startup firms: A proposed research agenda. Journal of Management, 47(7), 1841–1860. https://doi.org/10.1177/01492063211018505
  49. Zakaria, R., & Satyawan, M. (2023). Strategi Implementasi Fintech Reward Crowdfunding di Indonesia Sektor Ekonomi Kreatif. Jurnal Bisnis Dan Manajemen West Science, 2(02), 205–225.