Article Sidebar

Download
PDF
Statistic
Read Counter : 1013 Download : 837

Downloads

Download data is not yet available.

Main Article Content

Abstract

This research was conducted to test and analyze financial literacy on business continuity with financial behavior as a mediator. Data analysis by using 130 respondents of female MSME actors in Malang City. This research shows that financial literacy has an influence on financial behavior and business continuity. However, financial literacy on business continuity showed the opposite result. confidence. This is because MSME actors are not confident, so the government needs to facilitate with financial knowledge and effective programs for MSME actors.


 


Abstrak


Penelitian ini dilakukan untuk menguji dan menganalisis literasi keuangan terhadap keberlangsungan usaha dengan perilaku keuangan sebagai mediator. Analisis data kuantitatif menggunakan 130 responden pelaku UMKM wanita di Kota Malang. Riset ini menunjukkan literasi keuangan memiliki pengaruh positif terhadap perilaku keuangan dan keberlangsungan usaha, namun literasi keuangan terhadap keberlangsungan usaha menunjukkan hasil sebaliknya. Hal ini dikarenakan pelaku UMKM belum percaya diri, sehingga pihak pemerintah perlu memfasilitasi dengan pengetahuan keuangan dan program yang efektif untuk pelaku UMKM.

Keywords

Business Sustainability Financial Behavior Financial Literacy Micro, Small and Medium Enterprises.

Article Details

License

Copyright (c) 2023 Mega Noerman Ningtyas, Pipit Rosita Andarsari

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

References

  1. Lantu DC, Triady MS, Utami AF, Ghazali A. Pengembangan Model Peningkatan Daya Saing UMKM di Indonesia: Validasi Kuantitatif Model. J Manaj Teknol 2016. doi: 10.12695/jmt.2016.15.1.6.
  2. Indarti N, Langenberg M. Factors affecting business success among SMEs: empirical evidences from Indonesia. Second Bi-Annual Eur Summer 2004.
  3. Hamid ES, Susilo YS. Strategi Pengembangan Usaha Mikro Kecil dan Menengah di Provinsi Daerah Istimewa Yogyakarta. J Ekon Pembang Kaji Masal Ekon Dan Pembang 2015. doi: 10.23917/jep.v12i1.204.
  4. Rudiantoro R, Siregar SV. Kualitas Laporan Keuangan UMKM serta Prospek Implementasi SAK ETAP. J Akunt Dan Keuang Indones 2012. doi: 10.21002/jaki.2012.01.
  5. Lusardi A, Mitchell OS. Financial literacy around the world: An overview. J Pension Econ Financ 2011. doi: 10.1017/S1474747211000448.
  6. Arceo-Gómez EO, Villagómez FA. Financial literacy among Mexican high school teenagers. Int Rev Econ Educ 2017. doi: 10.1016/j.iree.2016.10.001.
  7. Perry VG, Morris MD. Who is in control? the role of self-perception, knowledge, and income in explaining consumer financial behavior. J Consum Aff 2005. doi: 10.1111/j.1745-6606.2005.00016.x.
  8. Lusardi A, Tufano P. Debt literacy, financial experiences, and overindebtedness. J Pension Econ Financ 2015. doi: 10.1017/S1474747215000232.
  9. van Rooij M, Lusardi A, Alessie R. Financial literacy and stock market participation. J Financ Econ 2011. doi: 10.1016/j.jfineco.2011.03.006.
  10. Mitchell OS, Lusardi A. The Outlook for Financial Literacy. Financ. Lit. Implic. Retire. Secur. Financ. Marketpl., 2011. doi: 10.1093/acprof:oso/9780199696819.003.0001.
  11. Jappelli T, Padula M. Investment in financial literacy and saving decisions. J Bank Financ 2013. doi: 10.1016/j.jbankfin.2013.03.019.
  12. Yoong J. Financial Illiteracy and Stock Market Participation: Evidence from the RAND American Life Panel. Financ. Lit. Implic. Retire. Secur. Financ. Marketpl., 2011. doi: 10.1093/acprof:oso/9780199696819.003.0005.
  13. Lusardi A, Mitchell OS. Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth. J Monet Econ 2007. doi: 10.1016/j.jmoneco.2006.12.001.
  14. Lusardi A, Mitchell OS. Planning and financial literacy: How do women fare? Am. Econ. Rev., 2008. doi: 10.1257/aer.98.2.413.
  15. Stango V, Zinman J. Exponential growth bias and household finance. J Finance 2009. doi: 10.1111/j.1540-6261.2009.01518.x.
  16. Sabri* MF, Juen TT, Othman MA, Rahim HA. Financial literacy, financial Management practices, and retirement confidence among Women working in government Agencies: A mediation model. J Dev Areas 2015. doi: 10.1353/jda.2015.0092.
  17. Puspitaningtyas Z. Manfaat Literasi Keuangan Bagi Business Sustainability. Semin Nas Kewirausahaan Dan Inov Bisnis VII 2017.
  18. Grohmann A. The Gender Gap in Financial Literacy: Income, Education, and Experience Offer Only Partial Explanations. DIW Econ Bull 2016.
  19. Aribawa D. Pengaruh literasi keuangan terhadap kinerja dan keberlangsungan UMKM di Jawa Tengah. J SiasatBisnis 2016. doi: 10.20885/jsb.vol20.iss1.art1.
  20. Fatoki O. The causes of the failure of new small and medium enterprises in South Africa. Mediterr J Soc Sci 2014. doi: 10.5901/mjss.2014.v5n20p922.
  21. Dwinta I dan CY. Pengaruh Locus Of Control, Financial Knowledge, Income Terhadap Financial Management Behavior. J Bisnis Dan Akunt 2010.
  22. Robb CA, Woodyard AS. Financial knowledge and best practice behavior. J Financ Couns Plan 2011.
  23. de Bassa Scheresberg C. Financial Literacy and Financial Behavior among Young Adults: Evidence and Implications. Numeracy 2013. doi: 10.5038/1936-4660.6.2.5.
  24. Brown M, Graf R. Financial Literacy, Household Investment and Household Debt: Evidence from Switzerland. Work Pap Financ 2013.
  25. Asaad CT. Financial Literacy and Financial Behavior: Assessing Knowledge and Confidence. Financ Serv Rev 2015.
  26. School, Parents, and Financial Literacy Shape Future Financial Behavior. DIW Econ Bull 2015.
  27. Hamdani M. Analisis Tingkat Literasi Keuangan Dan Pengaruhnya Terhadap Perilaku Keuangan Pada Mahasiswa Prodi Manajemen Universitas Terbuka. Versi Cetak) 2018.
  28. Eresia-Eke CE, Raath C. SMME Owners’ financial literacy and business growth. Mediterr J Soc Sci 2013. doi: 10.5901/mjss.2013.v4n13p397.
  29. Ramalho TB, Forte D. Financial literacy in Brazil – do knowledge and self-confidence relate with behavior? RAUSP Manag J 2019. doi: 10.1108/RAUSP-04-2018-0008.
  30. Rahayu AY, Musdholifah. Pengaruh literasi keuangan terhadap kinerja dan keberlanjutan umkm di kota surabaya. J Ilmu Manaj 2017.
  31. Widayanti R, Damayanti R, Marwanti F. Pengaruh Financial Literacy terhadap Keberlangsungan Usaha (Business Sustainability) Pada UMKM Desa Jatisari. J Ilm Manaj BISNIS 2017. doi: 10.30596/jimb.v18i2.1399.