The Influence of Organizational Governance and Financial Literacy in Increasing the Productivity of MSMEs (Ulamm) at BUMN PT Permodalan Nasional Madani (PNM) Medan Branch

Abstract

It is important to know whether these elements affect business progress. Therefore, testing several relevant variables is very important. This study will investigate how Organizational Governance and Financial Literacy Affect the Productivity of MSMEs (Ulamm) in the Medan Branch of BUMN PT Permodalan Nasional Madani (Pnm). Data collection was carried out quantitatively. The results of the study show that organizational governance and financial literacy have a positive and significant impact on the productivity of MSMEs at the State-Owned Enterprise PT Permodalan Nasional Madani (Pnm) Medan Branch. Therefore, to advance MSMEs, it is necessary to improve organizational governance and financial literacy .

Keywords: Organizational Governance, Financial Literacy, Productivity of MSMEs (Ulamm), PT Permodalan Nasional Madani