How does MSMES’ Financial Behaviour Influence Financial Literacy?
- DOI
- 10.2991/978-94-6463-402-0_7How to use a DOI?
- Keywords
- MSME; Financial Behaviour; Financial Literacy
- Abstract
There are around 64.19 million MSME participants, contributing 61.07% of GDP, or over Rp 8,573 trillion, and 97% of employment. The research demonstrates that one factor bolstering the Indonesian economy is the quantity of MSMEs that are now operating. The obstacles that currently face Indonesia's growing MSMEs will persist. According to the Indonesian Micro and Small Entrepreneurs Association's chairman, one of the reasons MSMEs haven't developed is a lack of financial literacy. In order to improve MSME management and output, this research seeks to ascertain the truth about financial behavior influencing the financial literacy of MSME actors. A sample of thirty-two MSME actors in Yogyakarta City were given questionnaires, and the inner and outer models were tested using the Smart PLS application. The findings demonstrated that MSME actors’ financial activity had a major impact on their level of financial literacy..
- Copyright
- © 2024 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
TY - CONF AU - Alfiatul Maulida AU - Aulia Nurafina PY - 2024 DA - 2024/05/30 TI - How does MSMES’ Financial Behaviour Influence Financial Literacy? BT - Proceedings of the 2nd International Conference on Management and Business (ICOMB 2023) PB - Atlantis Press SP - 59 EP - 67 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-402-0_7 DO - 10.2991/978-94-6463-402-0_7 ID - Maulida2024 ER -