Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

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The Role of Behavior of Financial, Financial Literature and Financial Information in Increasing Financial Performance: Study of Culinary Business

Authors
Mouriska Aurelia Safitri1, Liana Mangifera1, *
1Faculty of Economics and Business, University of Muhammadiyah Surakarta (UMS), Surakarta, Indonesia
*Corresponding author. Email: liana.mangifera@ums.ac.id
Corresponding Author
Liana Mangifera
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_83How to use a DOI?
Keywords
Financial Behavior; Financial Literacy; Financial Information; Culinary Business; Financial Performance
Abstract

The study aims to determine the financial performance of SMEs in terms of financial behaviour, financial literacy, & financial information on Culinary Business in Surakarta. The respondents involved were 108 Culinary Business owners. The sampling method used probability random sampling by distributing questionnaires through Google Forms. The research instrument was tested for validity and reliability to see the reliability of the research questionnaire. Multiple regression analysis was used in data analysis and testing of research hypotheses. The findings of this study explain that financial literacy and financial information have a significant positive effect on improving the performance of the culinary business, but financial behaviour has no significant effect on improving the financial performance of the culinary sector in Surakarta. This research directly deals with aspects of behaviour, literacy and information reporting in financial performance, which has yet to be widely studied. The implications of this research can be used as a basic policy in developing MSMEs to pay more attention to providing information and literacy to business actors optimally.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
10.2991/978-94-6463-204-0_83
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_83How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Mouriska Aurelia Safitri
AU  - Liana Mangifera
PY  - 2023
DA  - 2023/10/04
TI  - The Role of Behavior of Financial, Financial Literature and Financial Information in Increasing Financial Performance: Study of Culinary Business
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 1021
EP  - 1033
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_83
DO  - 10.2991/978-94-6463-204-0_83
ID  - Safitri2023
ER  -