2021
DOI: 10.47191/ijsshr/v4-i11-16
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Impact of Tourism Decrease Due To Pandemic on the Performance and Sustainability of MSMEs in Denpasar City

Abstract: The COVID-19 pandemic is a global pandemic that affects all aspects of world society. Indonesia as a tourism destination has been significantly affected by this pandemic. The number of tourist visits to Bali has decreased quite drastically and has an impact on MSMEs. The main objectives of our study are to analyze the influence or impact of tourism decline due to covid- 19 on the performance and sustainability of MSMEs in Denpasar City. The research sample was 100 MSMEs with the method of determining the sampl… Show more

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“…The fact that MSME actors pay less attention to their company's financial management is one of their disadvantages, which hinders MSMEs' growth and performance. By enhancing MSME actors' financial literacy, strategic efforts must be made to improve MSMEs' performance (Idawati & Pratama, 2020).…”
Section: The Effect Of Financial Literacy On Msme Performance Moderat...mentioning
confidence: 99%
See 1 more Smart Citation
“…The fact that MSME actors pay less attention to their company's financial management is one of their disadvantages, which hinders MSMEs' growth and performance. By enhancing MSME actors' financial literacy, strategic efforts must be made to improve MSMEs' performance (Idawati & Pratama, 2020).…”
Section: The Effect Of Financial Literacy On Msme Performance Moderat...mentioning
confidence: 99%
“…Many MSME players haven't paid attention to their business's financial management so far by fusing their personal and corporate funds. This is one among the things that prevent MSMEs from growing (Idawati & Pratama, 2020). Financial literacy is one of the reasons contributing to MSMEs' poor performance in terms of financial management.…”
Section: Introductionmentioning
confidence: 99%