PERCEPTIONS OF FINANCIAL RISK MANAGEMENT FOR TECHNOLOGY STARTUP COMPANIES IN THE EARLY FINANCING PHASE

Authors

  • Machfud Universitas Muhammadiyah Mahakarya Aceh ID
  • Fohan Muzakir Universitas Muhammadiyah Mahakarya Aceh ID
  • Maisura Universitas Muhammadiyah Mahakarya Aceh ID
  • Mahdawi Universitas Bumi Persada ID

DOI:

https://doi.org/10.5281/zenodo.20930503

Keywords:

Financial Risk Management, Technology Startups, Early Financing Phase, Burn Rate, Cash Flow.

Abstract

This study aims to analyze perceptions of financial risk management among technology startups in the early stages of financing. Using qualitative descriptive methods through literature review and phenomenological analysis, this study found that most startup management views financial risk management as an administrative burden in the early stages, rather than a strategic tool. However, there is a significant shift in perception after the startups pass the seed funding round, where cash flow risk management and burn rate control begin to be prioritized to maintain the company's survival. In conclusion, the integration of flexible and adaptive financial risk management is crucial from day one to mitigate the risk of early bankruptcy.

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Published

2026-06-26

How to Cite

Machfud, Fohan Muzakir, Maisura, & Mahdawi. (2026). PERCEPTIONS OF FINANCIAL RISK MANAGEMENT FOR TECHNOLOGY STARTUP COMPANIES IN THE EARLY FINANCING PHASE. Journal of Accounting Research, Utility Finance and Digital Assets, 5(1), 652–658. https://doi.org/10.5281/zenodo.20930503

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