Factors Affecting Financial Literacy of MSMEs: A Conceptual Framework

Authors

  • Nurul Nur Aeni Universitas Muhammadiyah Purwokerto
  • Maulida Nurul Innayah Universitas Muhammadiyah Purwokerto

DOI:

https://doi.org/10.30595/pssh.v7i.466

Keywords:

Financial Literacy, MSMEs, Age, Gender, Education, Length of Work, Income

Abstract

The purpose of this article is to figure out the elements that impact the monetary proficiency of MSMEs. The strategy utilized recorded as a hard copy this article is by utilizing the writing concentrate on technique. Writing concentrate on examinations different reference books and articles from the aftereffects of past exploration in light of public and global diaries that are pertinent to the subject of conversation, to be specific the elements that influence the monetary proficiency of MSMEs in Banyumas. In light of the consequences of past examinations, the variables that influence the monetary proficiency of SMEs are: age, education, gender, length of work, and income. The degree of monetary education keeps on expanding alongside the familiarity with the significance of monetary proficiency. Notwithstanding, the degree of monetary proficiency in Indonesia actually should be improved, for MSMEs, particularly in the Banyumas region

References

F. Margaretha and Y. Artiani, "Financial Literacy on Post Graduated students Trisakti University," Business Enterpreneur Review, vol. 14, no. 2, pp. 97-110, 2016.

A. Z. Arifin, Kevin and H. P. Siswanto, "the Influence of Financial Knowledge, Financial Confidence, and Income on Financial Behavior Among The Workforce in Jakarta," MIX: Jurnal Ilmiah Manajemen, vol. VII, no. 1, pp. 37-47, 2017.

R. Kurniasih, S. Z. Wulandari and T. Luhita, "Financial Literation and Its Effect on the Performnce and Sustainability of Micro Small and Medium Enterprises in Banyumas," Jurnal Akuntansi, Manajemen dan Ekonomi, vol. 23, no. 2, pp. 20-27, 2020.

Widiyati, "Analisis Faktor Yang Mempengaruhi Tingkat Literasi Keuangan Pelaku Umkm (Studi Kasus Pada Umkm Berbasis Ekonomi Kreatif Di Kota Semarang)," Universitas Negeri Semarang, Semarang, 2019.

B. F. Arianti and K. Azzahra, "Faktor – Faktor yang Mempengaruhi Literasi Keuangan: Studi Kasus UMKM Kota Tangerang Selatan," Jurnal Manajemen Dan Keuangan, vol. 9, no. 2, pp. 157-158, NOVEMBER 2020.

A. Mouna and A. Jarboui, "Financial literacy and portfolio diversification: an observation from the Tunisian stock market," International Journal of Bank Marketing, vol. 33, no. 6, pp. 808-822, 2015.

N. A. Shaari, N. A. Hasan, R. K. M. H. Mohamed and M. A. J. M. Sabri, "Financial Literacy: A Study Among the University Students," Interdisciplinary Journal of Contemporary Research in Business, vol. 5, no. 2, pp. 279-299, 2013.

A. N. Yushita, "Pentingnya literasi keuangan bagi pengelolaan keuangan pribadi," Nominal: Barometer Riset Akuntansi dan Manajemen, vol. 6, no. 1, pp. 11-26, 2017.

A. S. Mendari and S. S. Kewal, "Tingkat Literasi Keuangan di Kalangan Mahasiswa STIE MUSI," pp. 130-140, 2014.

Suryanto and M. Rasmini, "Analisis Literasi Keuangan dan Faktor-Faktor Yang Mempengaruhinya (Survey pada Pelaku Usaha Mikro, Kecil, Dan Menengah di Kota Bandung)," Jurnal Ilmu Politik dan Komunikasi, vol. VIII, no. 2, 2018.

S. K. Nkundabanyanga, D. Kasozi, I. Nalukenge and V. Tauringana, "Lending Terms, Financial Literacy and Formal Credit Accessibility," International Journal of Social Economics, vol. 41, no. 5, pp. 342-361, 2014.

P. Bhushan and Y. Medury, "Financial Literacy and its Determinants," International Journal of Engineering, Business and Interprise Apllications, vol. 4, no. 2, pp. 155-160, 2013.

L. Sommer, "The Theory Of Planned Behaviour And The Impact Of Past Behaviour," International Business & Economics Research Journal, vol. 10, no. 1, pp. 91-110, 2011.

A. Ansong and M. A. Gyensare, "Determinants of University Working-Students’ Financial Literacy at the University of Cape Coast, Ghana," International Journal of Business and Management , vol. 7, no. 9, pp. 126-133, 2012.

A. C. Worthington, "Predicting financial literacy in Australia," Financial Services Review, vol. 15, no. 1, pp. 1-19, 2006.

S. E. Nurhidayati and M. K. Anwar, "Pengaruh Faktor Demografi terhadap Literasi Keuangan Syariah Karyawan Perbankan Syariah di Surabaya," Jurnal Ekonomi Islam, vol. 1, no. 1, pp. 1-12, 2018.

M. R. P. Sembiring and F. M. Leon, "The Influence of Demographics Factor on Pension Planning and Financial Literacy of Private Employee," Business and Entrepreneurial Review, vol. 21, no. 1, pp. 131-152, April 2021.

G. W. Isani, "Pengaruh tingkat pendidikan, gender, tingkat pendapatan, lama usaha, dan usia pengelola terhadap tingkat literasi keuangan pelaku UMKM Batik Tulis Lasem," Skripsi Sarjana, Universitas Negeri Semarang, Semarang, 2020.

D. Nababan and I. Sadalia, "Analisis Personal Financial Literacy and Financial Behavior Mahasiswa Sastra 1 Fakultas Ekonomi Universitas Sumatera Utara," pp. 1-15, 2013.

M. Irman and Fadrul, "Analisis Pengaruh Jenis Kelamin, IPK, dan Pengalaman Kerja terhadap Tingkat Financial Literacy," Journal of Economic, Bussines and Accounting (COSTING), vol. 2, no. 1, pp. 41-56, 2018.

N. Christanti and L. A. Mahastanti, "Faktor-Faktor Yang Dipertimbangkan Investor Dalam Melakukan Investasi," Jurnal Manajemen Teori dan Terapan, vol. 3, no. 37-51, p. 4, 2011.

A. Krishna, M. Sari and R. Rofaida, "Analisis Tingkat Literasi Keuangan di Kalangan Mahasiswa dan Faktor-faktor yang Mempengaruhi ( Survey pada Mahasiswa Universitas Pendidikan Indonesia)," in Proceedings of The 4th International Conference on Teacher Education, Bandung, 2010.

Susanti, "Pengaruh Locus of control Internal dan Pendapatan Terhadap," Jurnal Ekonomi Pendidikan dan Kewirausahaan, vol. 4, no. 1, pp. 5-17, 2016.

N. Andres Dharma, "Conflict Management And How To Manage Conflict In Organizations," jurnal buddhidharma, vol. 20, no. 1, 2022.

R. S. Rahayu, "Studi Literatur: Peranan Bahasa Inggris Untuk Tujuan," Jurnal Pemasaran Kompetitif, vol. 1, no. 4, pp. 149-158, 2018.

F. Margaretha and R. A. Pambudhi, "Tingkat Literasi Keuangan pada Mahasiswa S-1 Fakultas Ekonomi," Jurnal Manajemen dan Kewirausahaan, vol. 17, no. 1, pp. 76-85, 2015.

H. Chen and R. P. Volpe, "An analysis of financial literacy among college students," Financial Services Review, vol. 7, no. 1, p. 107–128, 1998.

R. Amaliyah and R. S. Witiastuti, "Analisis Faktor Yang Mempengaruhi Tingkat Literasi Keuangan Di Kalangan Umkm Kota Tegal," Management Analysis Journal, vol. 4, no. 3, p. 256, 2015.

S. Suryani and S. Ramadhan, "Analisis Literasi Keuangan Pada Pelaku Usaha Mikro DI Kota Pekanbaru," Journal of Economic, Business and Accounting (COSTING), vol. 1, no. 1, pp. 12-22, 2017.

A. L. Kiliyanni and S. Sivaraman, "The perception-reality gap in financial literacy: Evidence from the most literate state in India," International Review of Economics Education, vol. 23, pp. 47-64, 2016.

E. Johnson and M. S. Sherraden, "From Financial Literacy to Financial Capability Among The Young," Journal of Sociologi and Social Welfare, vol. 34, pp. 119-146, 2007.

B. F. Arianti, "Pengaruh Pendapatan dan Perilaku Keuangan terhadap Literasi Keuangan melalui Keputusan Berinvestasi sebagai Variabel Intervening," Jurnal Akuntansi, vol. 10, no. 1, pp. 13-36, 2020.

R. R. Yusnita and M. Abdi, "Pengaruh Faktor Demografi terhadap Literasi Keuangan," Journal Of Economic, Business and Accouting (COSTING), vol. 2, no. 1, pp. 163-184, 2018.

Downloads

Published

2022-08-24

How to Cite

Aeni, N. N., & Innayah, M. N. (2022). Factors Affecting Financial Literacy of MSMEs: A Conceptual Framework. Proceedings Series on Social Sciences & Humanities, 7, 9–15. https://doi.org/10.30595/pssh.v7i.466