The Influence of Digital Financial Literacy and Financial Efficacy on the Financial Management Behavior of Micro-Entrepreneurs (Study in Pomalaa District, Kolaka Regency)

Nurkinan; Fitri Kumalasari; Agus Zul Bay

doi:10.63922/ijevss.v5i04.7331

Nurkinan Universitas Sembilanbelas November Kolaka
Fitri Kumalasari Universitas Sembilanbelas November Kolaka
Agus Zul Bay Universitas Sembilanbelas November Kolaka

DOI: https://doi.org/10.63922/ijevss.v5i04.7331

Keywords: Financial Efficacy, Digital Financial Literacy, Financial Management Behavior

Abstract

Study This aim For knowing and analyzing influence literacy digital finance and efficacy finance to behavior management finance perpetrator business micro in the District Pomalaa , Regency Kolaka . Research This use approach quantitative with data collection through distribution questionnaire to respondents . Number samples used as many as 150 respondents , were determined based on technique purposive sampling , namely election sample based on criteria certain appropriate with objective research . Data analysis techniques used is Structural Equation Modeling (SEM) based Partial Least Squares (PLS) with help application SmartPLS version 4.0. Research results show that literacy digital finance is influential positive and significant to behavior management finance . This is indicated by the t- statistic value by 4,440 which is more big than the t- table value of 1.64. In addition , the efficacy finances also have an impact positive and significant to behavior management finance , with t- statistic value amounting to 8,947 which is more big than the t- table value of 1.64. Thus , both variables independent the proven own influence positive and significant to behavior management finance perpetrator business micro in the District Pomalaa , Regency Kolaka

References

Abdillah, W. & Hartono, J. (2015). Partial Least Square (PLS): An Alternative to Structural Equation Modeling (SEM) in Business Research. Yogyakarta: Andi Publisher.
Anuraga, Y., Sudaryanto, B. & Hartono, J. (2017). Structural Equation Model with Partial Least Square Approach. Semarang: Diponegoro University Press.
Arofah, S. & Kurniawati, D. (2021). 'The Influence of Financial Efficacy on Financial Management Behavior of MSMEs', Scientific Journal of Management, 7(1), pp. 33–47.
Arofah, S. & Kurniawati, D. (2023). 'The Role of Financial Efficacy in Improving the Quality of Micro-Business Financial Management', Journal of Applied Economics, 9(2), pp. 121–135.
Chin, W. W. (1998). 'The Partial Least Squares Approach to Structural Equation Modeling', in Marcoulides, GA (ed.) Modern Methods for Business Research. Mahwah: Lawrence Erlbaum Associates, pp. 295–336.
Dahniyar Letta Sari. (2022). The Influence of Financial Literacy and Financial Technology on Financial Management of MSMEs in Marelan .
Farida, N., Susanto, A. & Putra, D. (2021). 'The Role of Financial Efficacy in Shaping the Financial Management Behavior of Micro-Entrepreneurs', Scientific Journal of Economics and Management, 6(2), pp. 98–112.
Fauriziah, R. (2021). Data Analysis with Partial Least Square (PLS). Jakarta: Gramedia .
Gami, L., Sari, R. & Wijaya, T. (2025). 'Digital Financial Literacy and Business Actors' Investment Decision Making', Journal of Economics and Finance, 11(2), pp. 145–160.
Hamid, AS & Anwar, M. (2019). Structural Equation Model Analysis with PLS-SEM Approach. Makassar: In Media.
Hasanah, UY (2025). The Influence of Financial Literacy on MSME Financial Management in the Digital Era . 3 , 1–5.
Perry, V. G. & Morris, M. D. (2005). 'Who Is in Control? The Role of Self-Perception, Knowledge, and Income in Explaining Consumer Financial Behavior', Journal of Consumer Affairs, 39(2), pp. 299–313.
Pradinaningsih, NA, Wafiroh, NL, Keuangan, L., & Keuangan, S. (2022). The Influence of Financial Literacy, Financial Attitudes, and Self-Efficacy on Housewives' Financial Management . https://doi.org/10.24843/EJA.2022.v32.i06.p10
Rahadi, DR (2023). Research Data Analysis with PLS-SEM. Jakarta: Gramedia Pustaka Utama.
Rahayu, R. (2022). 'Digital Financial Literacy: Concepts, Indicators, and Measurement', Journal of Digital Economics and Finance, 2(1), pp. 22–35.
Rahayu, R. (2022). Analysis factors that influence level literacy Digital finance : A study of Generation Z in Indonesia. Review Indonesian Accounting and Business , 6 (1), 74–87
Rahayu, R., Sari, P. & Wijaya, K. (2022). 'The Influence of Digital Financial Literacy on the Financial Behavior of Micro-Entrepreneurs', Journal of Financial Management and Technology, 5(2), pp. 67–82.
Rosliyati, A. (2022). The Influence of Financial Literacy on the Performance of Tasikmalaya Embroidery MSMEs . 5 (1), 756–762.

Sarlawa, D. (2025). 'The Role of Digital Financial Literacy in Improving the Quality of Business Actors' Financial Decisions', Journal of Management and Business, 11(1), pp. 44–59.
Sholiha, I. & Salamah, A. (2015). Research Data Analysis with Partial Least Square. Yogyakarta: Deepublish.
Suwendra, IW, Sujana, IN & Putra, KES (2024). 'The Influence of Financial Literacy, Financial Inclusion, and Financial Efficacy on Financial Management Behavior of MSMEs', Journal of Economics and Business, 11(2), pp. 98–112.
Yusanti, E. (2020). Financial Management Behavior and Micro-Business Performance. Surabaya: Airlangga University Press .