ARTICLE
TITLE

Financial Literacy and Financial Planning and Control Level in Micro, Small and Medium Enterprise: The Mediating Role of Proactive Employees

SUMMARY

The aim of this study is to examine the impact of financial literary on financial planning and control in Indonesian Micro, Small and Medium Enterprises (MSMEs). The mediating effect of proactive employees was also investigated. Data were collected from survey that involved 157 owners of MSMEs in Bantul District, Yogyakarta, Indonesia. Using Partial Least Square (PLS), this study found that financial behavior affects proactive employees, and proactive employees has significant impact on financial planning and control among the studied MSMEs. Besides, the results of this study confirm the mediating role of proactive employee on the relationship between financial literacy and financial planning and control level in MSMEs.

PAGES
pp. 107 - 120
COLLECTIONS
Economy

 Articles related

Agus Sudono    

This study aims to find a synthesis of journal publications related to standard indicators for measuring financial literacy in MSMEs that can be adapted to measure financial literacy in independent coffee shops. The research method used is a systematic l... see more


Annisa Namira, Nurlaila Nurlaila, Fauzi Arif Lubis    

The study explains the effect of Sharia financial literacy and trust on customer decisions with the aspect of religiosity in online loan applications in South Jakarta. The study uses multiple regression analysis with 2 variables (X), 1 variable (Z), and ... see more


Dela Pratama, Nurwani Nurwani    

Understanding financial literacy is the ability to understand knowledge and skills in managing financial resources in order to improve welfare. Financial technology is a combination of financial service systems and technology that provides easy access to... see more


Riri Novianti,Nora Ria Retnasih    

This study aims to analyze how financial literacy, FinTech, and also locus of control influence the financial management behavior of Faculty of Economics (FE) at UIN Malang students. This study uses descriptive quantitative methods with primary data ques... see more


P. E. Sudjiman,Lorina Siregar Sudjiman,Francis Hutabarat    

When the investment industry develops rapidly, the general public's demand will increase, and it is generally assumed that investing will increase one's income. One aspect of personal finance that has caught the attention of academics is the concept of i... see more