The Effect of Financial Literacy on Financial Management Behaviour with Self-control as Intervening Variable

Shinta Heru Satoto, Sri Budiwati W. P.

2019

Abstract

This research aims to explain the influence of financial literacy on financial management behavior with self- control as intervening variables. This research was conducted on the management of the Village Owned Enterprises (BUM Des) in Sleman Regency, with 54 respondents. Used three variables, the data collected will be tested using the regression and path analysis. This study shows that financial literacy has a positive effect on financial management behaviour. This study also investigates the indirect effect of financial literacy on financial management behaviour through self-control. The result shows that the direct effect is stronger than an indirect effect on the influence of financial literacy on financial management behaviour. The higher the financial literacy of the BUM Des management, the better the self-control of the management in spending or consumption based on needs that are planned. So, it can be concluded that the management's knowledge, skills, and confidence in financial planning and management, combined with self-control related to financial expenditure, will significantly influence the behaviour of financial management regarding decision making in the use of village finances.

Paper Citation

in Harvard Style

Satoto S. and W. P. S. (2019). The Effect of Financial Literacy on Financial Management Behaviour with Self-control as Intervening Variable.In Proceedings of the International Conference of Business, Economy, Entrepreneurship and Management - Volume 1: ICBEEM, ISBN 978-989-758-471-8, pages 179-186. DOI: 10.5220/0009960501790186

in Bibtex Style

@conference{icbeem19,
author={Shinta Heru Satoto and Sri Budiwati W. P.},
title={The Effect of Financial Literacy on Financial Management Behaviour with Self-control as Intervening Variable},
booktitle={Proceedings of the International Conference of Business, Economy, Entrepreneurship and Management - Volume 1: ICBEEM,},
year={2019},
pages={179-186},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009960501790186},
isbn={978-989-758-471-8},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Conference of Business, Economy, Entrepreneurship and Management - Volume 1: ICBEEM,
TI - The Effect of Financial Literacy on Financial Management Behaviour with Self-control as Intervening Variable
SN - 978-989-758-471-8
AU - Satoto S.
AU - W. P. S.
PY - 2019
SP - 179
EP - 186
DO - 10.5220/0009960501790186