Finance Access or Policy Alignment? Decoding the Real Driver of Performance in Maluku’s Fisheries Management Enterprises

DOI

10.2991/978-94-6239-596-1_7How to use a DOI?

Keywords

Access to finance; Government policy support; Business performance; Fisheries processing

Abstract

The fisheries processing industry serves as a backbone and strategic pillar of the blue economy, contributing significantly to food security, export competitiveness, and sustainable livelihoods. However, limited financial accessibility and fragmented policy implementation continue to hinder the growth of small and medium-sized enterprises (SMEs), particularly in Maluku Province. This study aims to analyze the effect of access to finance on business performance, with government policy support as a mediating variable. Using a quantitative explanatory approach, data were collected from 263 respondents representing 140 fisheries processing SMEs and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results show that access to finance has a positive and significant effect on fisheries business performance, both directly and indirectly through government policy support. The mediation effect confirms that coherent and inclusive policy frameworks enhance the effective utilization of financial resources. These findings highlight the importance of integrating financial and institutional mechanisms to improve competitiveness and ensure sustainability within the fisheries processing sector in Maluku.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Lilian Sonya Loppies
AU  - Johanis Hiariey
AU  - Steven Siaila
AU  - Yolanda M. T. N. Apituley
PY  - 2026
DA  - 2026/02/26
TI  - Finance Access or Policy Alignment? Decoding the Real Driver of Performance in Maluku’s Fisheries Management Enterprises
BT  - Proceedings of the 1st International Conference on Environmental Sciences, Agriculture, and Socioeconomics (ICESAS 2025
PB  - Atlantis Press
SP  - 77
EP  - 95
SN  - 2468-5747
UR  - https://doi.org/10.2991/978-94-6239-596-1_7
DO  - 10.2991/978-94-6239-596-1_7
ID  - Loppies2026
ER  -