Factors that Influence the Financial Literacy on Micro Small and Medium Entreprise

Autor:	Rini Astuti, Isna Ardila, Hastina Febriaty
Rok vydání:	2021
Předmět:	Nonprobability sampling Financial management education.field_of_study business.industry Beverage industry Population Financial literacy Accounting Business education Structural equation modeling Confirmatory factor analysis Bookkeeping
Zdroj:	Journal of International Conference Proceedings. 4
ISSN:	2621-993X 2622-0989
DOI:	10.32535/jicp.v4i2.1234
Popis:	Provide a study and analysis of the factors of financial literacy related to the financial management of MSMEs in the city of Medan as the purpose of this research. This objective is based on the existing conditions in which MSMEs activities run without relying on information and financial management that is arranged in an orderly and orderly manner. The research approach used is associative. Primary data as the type in this study were sourced from questionnaires and interviews. The population used is the perpetrators of SMEs in the food and beverage industry sector in the city of Medan, amounting to 120 respondents, using purposive sampling technique in sampling, then obtained as many as 100 samples used in this study as respondents. Each questionnaire statement collected and used as data in this study will be measured by validity and reliability tests. The data analysis method uses Confirmatory Factor Analysis (CFA) using the SEM (Structural Equation Model) structural equation model. Evaluation of the structural equation model using the t statistic and p value parameters. This study based on the test results found that three variables of financial literacy, including financial behavior, financial socialization, and bookkeeping systems positively and significantly affect it.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::01de29aff8b9cf9d7a02fe10b073347c https://doi.org/10.32535/jicp.v4i2.1234 Zobrazit plný text záznamu