Financial literacy, locus of control, financial technology and financial behavior: case on undergraduate students of Maulana Malik Ibrahim Islamic State University Malang

Ningtyas, Mega Noerman and Siskawati, Erly Nabila (2022) Financial literacy, locus of control, financial technology and financial behavior: case on undergraduate students of Maulana Malik Ibrahim Islamic State University Malang. Presented at 8th International Conference of Islamic Economics And Business (ICONIES 2022), 29 Sep 2022, Malang.

Preview

Text 11744.pdf - Published Version Download (220kB) | Preview

Abstract

FOMO (fears of missing out) and YOLO (you only live once) have influenced the younger generation, especially Generation Z, to become more consumptive. This is a challenge for Generation Z to maintain good financial management. Several previous studies have shown that several factors influence economic behavior, one of which is financial literacy. The more they understand financial concepts, the more likely he is to do good financial management. Likewise, locus of control plays a vital role in shaping financial behavior. Furthermore, the current pandemic conditions impact the lifestyle changes of generation Z. With financial technology; generation Z tends to become more consumptive. This study aims to examine the financial literacy and locus of control on financial behavior with financial technology as moderation. This research was conducted on 389 active students of Maulana Malik Ibrahim Islamic State University Malang by distributing online questionnaires. The results showed that financial literacy and locus of control positively and significantly influence financial behavior. Financial technology can also strengthen the influence of locus
of control on financial behavior. However, financial technology is not able to moderate financial literacy on
financial behavior.

Item Type:	Conference (Paper)
Keywords:	financial literacy; financial technology; financial behavior; gen Z; locus of control
Subjects:	15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150314 Small Business Management
Divisions:	Faculty of Economics > Department of Management
Depositing User:	Mega Noerman Ningtyas
Date Deposited:	27 Oct 2022 09:24

Downloads

Origin of downloads

Actions (login required)

View Item