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The Effect of Financial Literacy, Financial Inclusion, and Locus of Control on the Business Performance of Cattle Farmers in Selong District, East Lombok Regency

Year: 2025

Type: article

Abstract: This study aims to analyze the effect of financial literacy, access to financial services, and individual self-control (locus of control) on the business performance of SMEs in cattle farmers. A quantitative approach was used, with data collected through questionnaires distributed to 104 cattle farmers in Selong District, East Lombok Regency, using a purposive sampling technique. The analysis techniques employed include validity and reliability tests, classical assumption tests, multiple linear regression, and hypothesis testing (T-test, F-test, and coefficient of determination). The findings revealed that financial literacy and locus of control had a significant positive effect on business performance, while financial inclusion had an effect that was not significant. Together, the three variables had a significant impact on business performance.

Source: International Journal of Business and Applied Economics

DOI: 10.55927/ijbae.v4i2.48

Authors: Intan Juwita Hartini, Baiq Anggun Hilendri Lestari

Institution: University of Mataram

Language: English

Topic: Financial Literacy and Behavior

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Zero hunger, Decent work and economic growth, No poverty

Open Access status: diamond

OpenAlex ID: W4409296513

FWCI: 2.69

Cites: 16

Cited by: 1

Related to: 10