FINANCIAL BEHAVIOR OF SMEs AS A MEDIATION OF FINANCIAL SELF-EFFICIENCY ON FINANCIAL ATTITUDES – International Journal of Social Sciences and Management Review

FINANCIAL BEHAVIOR OF SMEs AS A MEDIATION OF FINANCIAL SELF-EFFICIENCY ON FINANCIAL ATTITUDES

Author: Ratnawati

ABSTRACT

In East Java’s Greater Malang region, which has potential for small industries, the function of Micro, Small, and Medium Enterprises (SMEs) is particularly important. These MSME actors specialize in the food and beverage industry. The goal of this study is to examine how financial self-efficacy, financial attitudes, and financial attitudes effects financial behavior and attitudes’ mediating effects on financial self-efficacy. 100 food and beverage SMEs in Malang Raya make up the study sample. SEM (Structural Equation Model) is the analytical instrument used, and Baron Kenny is used for the mediation test. The study’s findings demonstrate how financial self-efficacy impacts financial behavior and attitudes, which in turn influences financial behavior.

Keywords: Financial Self-Efficacy, Financial Attitude, Financial Behavior, MSMEs

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