How Financial Literacy, Financial Attitudes and Personality Affect MSMe Management Behavior? Case in Bengkulu

Abstract

MSMEs often ignore the importance of financial management, especially the implementation of appropriate financial management and accounting standards. As a result, financial management becomes a problem for them. Microbusiness actors often don't know much about accounting, and their education also influences their knowledge. This research aims to determine the influence of financial literacy, financial management, financial attitudes and personality on financial management behavior among MSMEs in Bengkulu City. The population of this research is MSME entrepreneurs in Bengkulu. In taking samples using a sampling technique, namely 101 samples. The research results show that financial literacy influences financial management behavior, financial attitudes and personality by 0.428. In addition, the R Square value of 0.851 shows that Financial literacy (X1), Financial Attitude (X2), and Personality (X3) influence Financial Management Behavior (Y) by 85.1%. Independent variables outside the model influence the remaining 14.9%.