Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2022)

<Previous Article In Volume
Next Article In Volume>

The Role of Self-efficacy and Financial Attitude to Financial Well-Being: Mediation of MSME Financial Behavior

Authors
Puji Handayati1, *, Nurika Restuningdyah1, Ratnawati2, 3, Meldona2, 4
1Faculty of Economics, State University of Malang, Malang, Indonesia
2Doctoral Programme in Management, State University of Malang, Malang, Indonesia
3Faculty of Economics and Business, Universitas Wisnuwardhana, Malang, Indonesia
4Program Studi Akuntansi, Universitas Islam Negeri Maulana Malik Ibrahim Malang, Malang, Indonesia
*Corresponding author. Email: puji.handayati.fe@um.ac.id
Corresponding Author
Puji Handayati
Available Online 16 May 2023.
DOI
10.2991/978-94-6463-178-4_30How to use a DOI?
Keywords
financial self-efficacy; financial attitude; financial behaviour; financial well-being
Abstract

In this study, the effect of self-efficacy and financial attitudes on financial well-being as mediated by financial behavior is examined. 160 respondents from Malang City, East Java, Indonesia, who represent small and medium-sized businesses, made up the study’s sample. As an analytical technique, it makes use of structural equation modeling. The results showed that financial activity might influence attitudes that affected both financial behavior and well-being. The findings demonstrated that financial attitudes directly influence financial behavior, which in turn affects financial well-being. How people handle their money for financial well-being may be a moderator of financial attitude. Additionally, a person’s behavior and sense of self-efficacy have a direct influence on their financial well-being. One’s financial decisions are influenced by self-efficacy. Finally, financial behavior cannot offset the impact of financial self-efficacy on the financial health of SMEs in the craft industry in Malang City.

Copyright
© 2023 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.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
16 May 2023
ISBN
978-94-6463-178-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-178-4_30How to use a DOI?
Copyright
© 2023 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.

Cite this article

risenwbib
TY  - CONF
AU  - Puji Handayati
AU  - Nurika Restuningdyah
AU  - Ratnawati
AU  - Meldona
PY  - 2023
DA  - 2023/05/16
TI  - The Role of Self-efficacy and Financial Attitude to Financial Well-Being: Mediation of MSME Financial Behavior
BT  - Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2022)
PB  - Atlantis Press
SP  - 293
EP  - 301
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-178-4_30
DO  - 10.2991/978-94-6463-178-4_30
ID  - Handayati2023
ER  -