Work

Determining factors that contribute to financial literacy for small and medium enterprises

Year: 2018

Type: conference-paper

Abstract: Financial literacy on the SME owner/manager will subsequently improve the profitability of SME. Although, numerous research had existed in financial literacy subject, there are still limited research that examined the factor related to financial literacy. In this paper, we are examining demographic and SME factor that contribute to financial literacy using linear regression. Other objective of this paper is to confirm the benefit of financial literacy on access to credit. The finding shown that for demographic factor, level of education is contributed to financial literacy. The second finding is that level of financial literacy is related with greater degree of access to credit

Source: IOP Conference Series Materials Science and Engineering

DOI: 10.1088/1757-899x/337/1/012064

Authors: M S Hakim, V Oktavianti, I K Gunarta

Institution: Institut Teknologi Sepuluh Nopember

Language: English

Topic: Financial Literacy and Behavior

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

Funder: Institut Teknologi Sepuluh Nopember