Peran Pemediasi Locus of Control pada Pengaruh Financial Knowledge dan Financial Attitude terhadap Financial Management Behavior

Authors

  • Bella Cahyaningrum Universitas Ahmad Dahlan
  • Muhammad Ali Fikri Universitas Ahmad Dahlan

DOI:

https://doi.org/10.26740/jim.v9n4.p1500-1515

Keywords:

financial attitude, financial knowledge, financial management behavior, locus of control

Abstract

This study aims to determine the effect of financial knowledge and financial attitude on financial management behavior with the locus of control as a mediating variable. The population of this study were students of the Faculty of Economics and Business in Yogyakarta, totalling 198.144 respondents. Sampling in this study used the purposive sampling technique by using several criteria. The number of samples in this study was 96 respondents. The method of collecting data is by using a questionnaire. Data analysis tools using SmartPLS version 3.0 software. Scale test results of the instruments used in this study meet the validity and reliability analysis standard. Direct significance testing of the hypothesis shows that financial knowledge has a positive effect on financial management behavior, locus of control mediates the positive effect of financial knowledge on financial management behavior, the financial attitude has a positive effect on financial management behavior, and locus of control mediates the positive effect of financial attitude on financial management behavior.

References

Ajzen, I. (2011). The Theory of Planned Behaviour: Reactions and Reflections. Psychology & Health, 26(9), 1113-1127.

Al Kholilah, N., & Iramani, R. (2013). Studi Financial Management Behavior pada Masyarakat Surabaya. Journal of Business and Banking, 3(1), 69-80.

Amanah, E., Rahadian, D., & Iradianty, A. (2016). Pengaruh Financial Knowledge, Financial Attitude dan External Locus of Control terhadap Personal Financial Management Behavior pada Mahasiswa S1 Universitas Telkom. eProceedings of Management.3 (2).1228-1235.

Aminatuzzahra, A. (2014). Perception Effect of Financial Knowledge, Financial Attitudes, Social Demography Against Financial Behavior in Individual Investment Decision Making. Journal of Business Strategy, 23(2).70-96. DOI: 10.14710/jbs.23.2.70-96

Andrew, V., & Linawati, N. (2014). Hubungan Faktor Demografi dan Pengetahuan Keuangan dengan Perilaku Keuangan Karyawan Swasta di Surabaya. Finesta, 2(2), 35-39.

Ariani, S., Rahmah, P. A. A. A., Putri, Y. R., Rohmah, M., Budiningrum, A., & Lutfi. (2016). Pengaruh Literasi Keuangan, Locus of Control , dan Etnis terhadap Pengambilan Keputusan Investasi. Journal of Business and Banking, 5(2), 257–270.

Asaff, R., Suryati, S., & Rahmayani, R. (2019). Pengaruh Financial Attitude dan Financial Knowledge terhadap Financial Management. JEMMA (Jurnal of Economic, Management and Accounting), 2(2), 9-22.

Asih, S. W., & Khafid, M. (2020). Pengaruh Financial Knowledge, Financial Attitude dan Income terhadap Personal Financial Management Behavior melalui Locus of Control sebagai Variabel Intervening. Economic Education Analysis Journal, 9(3), 748-767.

Aydemir, S. D., & Aren, S. (2017). Do The Effects of Individual Factors on Financial Risk-Taking Behavior Diversify with Financial Literacy?. Kybernetes, 46(10), 1706-1734.

Bandura, A. (1986). Social Foudation of Thought and Action. New Jersey:Prentice-Hall.

Baron, R. M., & Kenny, D. A. (1986). The Moderator–Mediator Variable Distinction in Social Psychological Research: Conceptual, Strategic, and Statistical Considerations. Journal of Personality and Social Psychology, 51(6), 1173-1182.

Borden, L. M., Lee, S. A., Serido, J., & Collins, D. (2008). Changing College Students’ Financial Knowledge, Attitudes, and Behavior through Seminar Participation. Journal of Family and Economic Issues, 29(1), 23-40.

Budiono, E. (2020). Analisis Financial Knowledge, Financial Attitude, Income, Locus of Control, Financial Management Behavior Masyarakat Kota Kediri. Jurnal Ilmu Manajemen (JIM), 8(1).284-295.

Dwiastanti, A. (2017). Analysis of Financial Knowledge and Financial Attitude on Locus of Control and Financial Management Behavior. MBR (Management and Business Review), 1(1), 1-8.

Henseler, J., Ringle, C. M., & Sinkovics, R. R. (2009). The use of partial least squares path modeling in international marketing. In Advances in International Marketing|Adv. Int. Mark. Vol. 20, pp. 277-319). https://doi.org/10.1108/S1474-7979(2009)0000020014

Herawati, N. T. (2015). Kontribusi Pembelajaran di Perguruan Tinggi dan Literasi Keuagan Terhadap Perilaku Keuangan Mahasiswa. Jurnal Pendidikan dan Pengajaran, 48, 1-3.

Herdjiono, I., & Damanik, L. A. (2016). Pengaruh Financial Attitude, Financial Knowledge, Parental Income terhadap Financial Management Behavior. Jurnal Manajemen Teori dan Terapan. Journal of Theory and Applied Management, 9(3), 226-241.

Hilgert, M. A., Hogarth, J. M., & Beverly, S. G. (2003). Household Financial Management: The Connection between Knowledge and Behavior. Federal Reserve Bulletin, 89, 309-322.

Humaira, I., & Sagoro, E. M. (2018). Pengaruh Pengetahuan Keuangan, Sikap Keuangan, dan Kepribadian terhadap Perilaku Manajemen Keuangan pada Pelaku UMKM Sentra Kerajinan Batik Kabupaten Bantul. Nominal: Barometer Riset Akuntansi dan Manajemen, 7(1), 96-110.

Huston, S. J. (2010). Measuring Financial Literacy. Journal Of Consumer Affairs, 44(2), 296-316.

Ida, I. D. A., & Dwinta, C. Y. (2010). Pengaruh Locus Of Control, Financial Knowledge, Income terhadap Financial Management Behavior. Jurnal Bisnis dan Akuntansi, 12(3), 131-144.

Jorgensen, B. L., Rappleyea, D. L., Schweichler, J. T., Fang, X., & Moran, M. E. (2017). The financial behavior of emerging adults: A family financial socialization approach. Journal of Family and Economic Issues, 38(1), 57-69.

Marsh, B. A. (2006). Examining The Personal Finance Attitudes, Behaviors, and Knowledge Levels of First-Year and Senior Students at Baptist Universities in The State of Texas. (Doctoral dissertation, Bowling Green State University).

Mien, N. T. N., & Thao, T. P. (2015). Factors Affecting Personal Financial Management Behaviors: Evidence from Vietnam. In Proceedings of the Second Asia-Pacific Conference on Global Business, Economics, Finance and Social Sciences (AP15Vietnam Conference) (10-12).

Nobriyani, A. P., & Haryono, N. A. (2019). Faktor-Faktor yang Memengaruhi Financial Management Behavior pada Keluarga TKI di Kabupaten Ponorogo. Jurnal Ilmu Manajemen (JIM), 7(3).841-856.

Pangkalan Data Pendidikan Tinggi. (2020). https://pddikti.kemdikbud.go.id/.diakses pada 2 Maret 2021.

Pankow, D. (2003). Financial Values, Attitudes and Goals. North Dakota: State University Fargo.

Perry, V. G., & Morris, M. D. (2005). Who is in Control? Yhe Role of Self-Perception, Knowledge, and Income in Explaining Consumer Financial Behavior. Journal of Consumer Affairs, 39(2), 299-313.

Potrich, A. C. G., Vieira, K. M., & Mendes-Da-Silva, W. (2015). Development of A Financial Literacy Model for University Students. Management Research Review, 39(3), 356-376.

Pradiningtyas, T. E., & Lukiastuti, F. (2019). Pengaruh Pengetahuan Keuangan dan Sikap Keuangan terhadap Locus of Control dan Perilaku Pengelolaan Keuangan Mahasiswa Ekonomi. Jurnal Minds: Manajemen Ide Dan Inspirasi, 6(1), 96-112.

Pusparani, A., & Krisnawati, A. (2019). Analisis Pengaruh Financial Literacy dan Financial Attitude terhadap Financial Behavior pada Siswa Sekolah Menengah Pertama di Kota Bandung. Jurnal Mitra Manajemen, 3(1), 72-83.

Rahmawati, N. W., & Haryono, N. S. (2020). Analisis Faktor yang Memengaruhi Financial Management Behavior dengan Mediasi Locus Of Control. Jurnal Ilmu Manajemen, 8(2).549-563.

Rizkiawati, N. L., & Haryono, N. A. (2018). Pengaruh Demografi, Financial Knowledge, Financial Attitude, Locus of Control dan Financial Self-Efficacy terhadap Financial Management Behavior Masyarakat Surabaya. Jurnal Ilmu Manajemen (JIM), 6(3). 93-107.

Robb, C. A., & Woodyard, A. S. (2011). Financial Knowledge and Best Practice Behavior. Journal of Financial Counseling and Planning, 22(1), 60-70.

Shahrabani, S. (2012). The Effect of Financial Literacy and Emotions on Intent to Control Personal Budget: A Study among Israeli College Students. International Journal of Economics and Finance, 4(9), 156-163.

Silvy, M., & Yulianti, N. (2013). Sikap Pengelola Keuangan dan Perilaku Perencanaan Investasi Keluarga di Surabaya. Journal of Business and Banking, 3(1), 57-68.

Sriwidodo, R. P. U. (2015). Pengaruh Pengetahuan Keuangan dan Pengalaman Keuangan terhadap Perilaku Perencanaan Investasi dengan Self Control sebagai Variabel Moderating. Jurnal Ekonomi dan Kewirausahaan, 15(1).28-37.

Tang, N., & Baker, A. (2016). Self-Esteem, Financial Knowledge and Financial Behavior. Journal of Economic Psychology, 54, 164-176.

Zakaria, R. H., Jaafar, N. I. M., & Marican, S. (2012). Financial Behavior and Financial Positions: A Structural Equation Modelling Approach. Middle-East Journal of Scientific Research, 12(10), 1396-1402.

Downloads

Published

2021-12-29

How to Cite

Cahyaningrum, B., & Fikri, M. A. (2021). Peran Pemediasi Locus of Control pada Pengaruh Financial Knowledge dan Financial Attitude terhadap Financial Management Behavior. Jurnal Ilmu Manajemen, 9(4), 1500–1515. https://doi.org/10.26740/jim.v9n4.p1500-1515

Issue

Vol. 9 No. 4 (2021)

Section

Artikel

License

Copyright (c) 2021 Jurnal Ilmu Manajemen

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons:Attribution-NonCommercial 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  2. 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 this journal.
Abstract views: 947 , PDF Downloads: 1337