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The Effect of Financial Innovation, Risk Management, and Monetary Policy on the Stability of Fintech Startup Companies in Jakarta

Year: 2024

Type: article

Abstract: This study investigates the effects of financial innovation, risk management, and monetary policy on the stability of fintech startup companies in Jakarta. Using a quantitative approach, data were collected from 35 fintech startups through structured questionnaires with responses measured on a Likert scale of 1-5. Data analysis was conducted using SPSS version 25, employing correlation and multiple regression analysis. The results reveal that financial innovation is the most significant predictor of fintech stability, followed by risk management and monetary policy. The combined influence of these factors explains 74% of the variance in fintech stability. These findings underscore the importance of integrating innovation with robust risk management practices and aligning operations with macroeconomic trends for sustained stability. This research provides valuable insights for fintech stakeholders and policymakers to foster resilience and growth in the rapidly evolving financial ecosystem.

Source: West Science Business and Management

DOI: 10.58812/wsbm.v2i04.1556

Authors: Husain Ali, Abdul Hadi Sirat, Ida Nurhaida

Institutions: Indonesia Open University, Khairun University, Universitas Pembangunan Jaya

Language: English

Topic: FinTech, Crowdfunding, Digital Finance

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W4406300930

FWCI:

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