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

Puji Handayati; Nurika Restuningdyah; Ratnawati; Meldona

doi:10.2991/978-94-6463-178-4_30

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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_30 How 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.
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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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: 10.2991/978-94-6463-178-4_30
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-178-4_30 How to use a DOI?
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

ris enw bib

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  -

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