FINANCIAL LITERACY INFLUENCING FACTOR ANALYSIS TO STUDENTS IN BATAM CITY

Authors

  • Lita Christina Universitas Internasional, Indonesia
  • Felycia Fernanda Wijaya

DOI:

https://doi.org/10.29040/ijebar.v5i2.2421

Abstract

Over time and the instability of economic conditions, financial literacy is an important factor influencing the recovery of these conditions. Therefore, this study aims to determine the factors that affect financial literacy. This study uses a multiple linear regression model with a sample size of 402 which was tested through the SPSS application. The results showed that money attitude, financial knowledge, and financial behavior had a significant effect on financial literacy. Meanwhile, the other three variables, namely financial education, financial socialization agents, and financial attitude do not have a significant effect on financial literacy

Author Biography

Lita Christina, Universitas Internasional

Lecturer

References

Abdullah, S., Mohammed, N. H., Salleh, S. M., & Rashid, K. M. (2017). Financial Literacy

among UiTM ’ s Students, 7(January), 31–36. Retrievedfrom

https://www.researchgate.net/publication/321579093_Financial_Literacy_among_UiT

M’s_Students

Agarwalla, S. K., Barua, P. S., Jacob, P. J., & Varma, P. J. R. (2012). A Survey of Financial

Literacy among Students , Young Employees and the Retired in India. Indian Institute

of Management Ahmedabad, (June), 1–9. Retrieved from

http://www.iimahd.ernet.in/fls/fls12/Executive_Summary.pdf

Ahmad, N. W., Mawar, M. Y., & Ripain, N. (2016). Financial Literacy of Youth: A Case

Study of Islamic Banking and Finance Students in Kolej Universiti Islam Antarbangsa

Selangor, 3(November), 1–6. Retrieved from http://www.mhikari.com/ref/ref2018/ref1-4-2018/p/ref12-2018.pdf

Akram, S., Abbas, A., & Draz, U. (2016). Impact of Demographics Variables onthe Level of

Financial Literacy Among the University Students of Punjab

Pakistan, 1(3), 166–175.

Albeerdy, M. I., & Gharleghi, B. (2015). Determinants of the Financial Literacy among

College Students in Malaysia. International Journal of Business Administration, 6(3),

–24. https://doi.org/10.5430/ijba.v6n3p15

Bayrakdaroglu, A., & SAN, F. B. (2015). Impact of Financial Education on Financial

Literacy Levels and diversity of Investment Choices, 3–5.

Chmelikova, B. (2015). Financial Literacy of Students of Finance : An Empirical Study from

the Czech Republic, 9(12), 3916–3919.

Garg, N., & Singh, S. (2017). Financial Literacy among Youth.

Ghozali, I. (2013). Aplikasi Analisis Multivariate dengan Program SPSS. In 7. Semarang:

Badan Penerbit Universitas Diponegoro.

Isomidinova, G., & Singh, J. S. K. (2017). Determinants of financial literacy : a quantitative

study among young students in Tashkent , Uzbekistan, 61–75.

Jorgensen, B. L., & Savla, J. (2010). Financial Literacy of Young Adults: The Importance of

Parental Socialization. Family Relations, 59(4), 465–478.

https://doi.org/10.1111/j.1741-3729.2010.00616.x

Kadoya, Y., & Khan, M. S. R. (2017). Explaining Financial Literacy in Japan : New

Evidence using, 1–27.

Otoritas Jasa Keuangan. (2013). Literasi Keuangan. Retrieved from

https://www.ojk.go.id/id/kanal/edukasi-dan-perlindungan-konsumen/Pages

/literasi-keuangan.aspx

Otoritas Jasa Keuangan. (2019). Survei Nasional Literasi dan Inklusi Keuangan 2019.

Retrieved from https://www.ojk.go.id/id/berita-dan-kegiatan/publikasi/Pages/Survei-

Nasional-Literasi-dan-Inklusi-Keuangan-2019.aspx

Ozdemir, Y. D. D. A., Temizel, D. D. F., Sonmez, D. D. H., & ER, D. D. F. (2015). Financial

Literacy of University Students: A Case Study for Anadolu University, Turkey.

Proceedings of the 7Th European Conference on Innovation and Entrepreneurship,

Vols 1 and 2, 11(24), 572–580. https://doi.org/10.17130/ijmeb.2015.11.24.815

Potrich, A. C. G., Vieira, K. M., Coronel, D. A., & Bender Filho, R. (2015). Financial literacy

in Southern Brazil: Modeling and invariance between genders. Journal of Behavioral

and Experimental Finance, 6, 1–12. https://doi.org/10.1016/j.jbef.2015.03.002

Potrich, A. C. G., Vieira, K. M., & Mendes-Da-Silva, W. (2016). Development of a Financial

Literacy Model for University Students. European Journal of Marketing (Vol. 24).

https://doi.org/10.1108/EL-01-2014-0022

Saleh, U. H., Raharjo, D. B. (2020). Kalah dengan Malaysia, Jokowi Sebut Tingkat Literasi

Keuangan RI Rendah. Suara.com. Retrieved from

https://www.suara.com/news/2020/01/28/152028/kalah-dengan-malaysia-jokowisebut-tingkat-literasi-keuangan-ri-rendah?page=all

Siringoringo, Lamgiat. (2020). Kalangan milenial masih belum melek soal literasi keuangan.

Kontan.co.id. Retrieved from https://keuangan.kontan.co.id/news/kalangan-milenialmasih-belum-melek-soal-literasi-keuangan

Sohn, S. H., Joo, S. H., Grable, J. E., Lee, S., & Kim, M. (2012). Adolescents’ financial

literacy: The role of financial socialization agents, financial experiences, and money

attitudes in shaping financial literacy among South Korean youth. Journal of

Adolescence, 35(4), 969–980. https://doi.org/10.1016/j.adolescence.2012.02.002

Thapa, B. S., & Nepal, S. R. (2015). Financial Literacy in Nepal : A Survey Analysis from

College Students. Nrb Economic Review, 26–28 Febr(February 2015), 49–74.

Downloads

Additional Files

Published

2021-06-26

How to Cite

Christina, L., & Wijaya, F. F. (2021). FINANCIAL LITERACY INFLUENCING FACTOR ANALYSIS TO STUDENTS IN BATAM CITY. International Journal of Economics, Business and Accounting Research (IJEBAR), 5(2). https://doi.org/10.29040/ijebar.v5i2.2421

Issue

Vol. 5 No. 2 (2021): IJEBAR, VOL. 05 ISSUE 02, JUNE 2021

Section

Articles

Citation Check

License

Authors who publish with IJEBAR agree to the following terms: Authors retain copyright and grant the IJEBAR right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material) the work for any purpose, even commercially with an acknowledgement of the work's authorship and initial publication in IJEBAR. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in IJEBAR. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).