Proceedings of the 20th International Symposium on Management (INSYMA 2023)

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Predictors of Female Lecturers’ Involvement in Household Financial Decisions Making

Authors
Yuni Kusuma Arumsari1, *, Surachman1, Sumiati1, Andarwati1
1Brawijaya University, Malang, Indonesia
*Corresponding author. Email: yka.finance2606@gmail.com
Corresponding Author
Yuni Kusuma Arumsari
Available Online 30 September 2023.
DOI
10.2991/978-94-6463-244-6_21How to use a DOI?
Keywords
Financial Literacy; Financial Personality; Financial Decision Making
Abstract

Financial decision-making, both at the household level and at more complex levels, is generally dominated by men of rational consideration. The purpose of this study is to examine the direct and indirect effects of financial literacy on financial personality and financial decision-making. This paper uses a quantitative statistical approach to analyze the effects among the identified variables. Since the number of samples is calculated by Slovin’s formula, the number of target samples is 230 and the structured questionnaire is based on a 5-point Likert scale and analyzed using a partial least-squares structural equation modeling approach using smart PLS version 4. This study provides a rigorous methodology for analyzing the relationship between financial literacy, financial personality, and financial decision-making. The results showed a positive and significant association between financial literacy and financial personality and financial decision-making. Financial literacy has a significant positive impact on financial decision-making by instilling a financial personality. The results of this study also explain that financial literacy and financial personality are predictors of females, especially educators, being more likely to participate in household financial decision-making.

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 20th International Symposium on Management (INSYMA 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
30 September 2023
ISBN
978-94-6463-244-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-244-6_21How 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  - Yuni Kusuma Arumsari
AU  - Surachman
AU  - Sumiati
AU  - Andarwati
PY  - 2023
DA  - 2023/09/30
TI  - Predictors of Female Lecturers’ Involvement in Household Financial Decisions Making
BT  - Proceedings of the 20th International Symposium on Management (INSYMA 2023)
PB  - Atlantis Press
SP  - 119
EP  - 124
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-244-6_21
DO  - 10.2991/978-94-6463-244-6_21
ID  - Arumsari2023
ER  -