Does Asymmetric Information Perception Relate To MSME^s Access To Banking Credit?
Syti Sarah Maesaroh1*, Agus Rahayu2, Lili Adi Wibowo3, Alfira Sofia4, Risma Rahatuningtyas5

1Faculty of Economic and Business Education, Universitas Pendidikan Indonesia, Bandung, Indonesia
2Faculty of Economic and Business Education, Universitas Pendidikan Indonesia, Bandung, Indonesia
3Faculty of Economic and Business Education, Universitas Pendidikan Indonesia, Bandung, Indonesia
4Faculty of Economic and Business Education, Universitas Pendidikan Indonesia, Bandung, Indonesia
5Tasikmalaya Campus , Universitas Pendidikan Indonesia, Tasikmalaya, Indonesia

Abstract

One of the problems of MSMEs in Indonesia is related to finance. MSMEs experience obstacles, especially in obtaining loan funds for business operations. This study analyzes the factors that determine MSMEs^ access to formal credit from banks. The research method uses path analysis to test a theory-based model of causal, direct, and indirect relationships among financial literacy, the proportion of own capital, use of fintech, asymmetric information perception, and access to bank credit. The results showed that the asymmetric perception of information positively and significantly mediates the relationship between the effect of financial literacy and the proportion of own capital on access to bank credit. Meanwhile, asymmetric information perception does not affect the mediation of the relationship between fintech use and access to bank credit.

Keywords: Credit, Financial, Loan, MSMEs

Topic: Financial Management and Accounting