Jurnal Ilmiah Akuntansi dan Bisnis
Vol 19 No 2 (2024)

Enhancing Financial Resilience of Women Entrepreneurs through Strengthened Digital Financial Literacy

Ratna Candra Sari (Faculty of Economics and Business, Universitas Negeri Yogyakarta)
Zuhrohtun Zuhrohtun (Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Yogyakarta)
Arin Pranesti (Faculty of Economics and Business, Universitas Negeri Yogyakarta)
Ratna Yudhiyati (Faculty of Economics and Business, Universitas Negeri Yogyakarta)
Umi Syafaatul Udhma (Faculty of Economics and Business, Universitas Gadjah Mada)
Novita Nurbaiti (Faculty of Economics and Business, Universitas Negeri Yogyakarta)



Article Info

Publish Date
31 Jul 2024

Abstract

This study investigates the impact of digital financial literacy (DFL) on the financial resilience of women entrepreneurs. The research adopts an explanatory approach, drawing on data from 208 women entrepreneurs based in Yogyakarta and Central Java, Indonesia. To test the proposed hypotheses, partial least squares structural equation modeling (PLS-SEM) was employed. The findings indicate that DFL significantly influences financial behavior, with these effects extending to future financial decisions. Enhancing DFL among women entrepreneurs positively affects their financial behavior, ultimately contributing to greater financial resilience. A key contribution of this research lies in its focus on women entrepreneurs, a demographic often overlooked in studies on financial literacy. Additionally, the study distinguishes between spending and saving behaviors by separating current financial actions from those intended for the future. This distinction enables a more nuanced analysis of how different financial behaviors, facilitated by digital financial technologies, affect financial resilience. Keywords: digital financial literacy, financial resilience, woman entrepreneur

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Journal Info

Abbrev

jiab

Publisher

Subject

Economics, Econometrics & Finance

Description

JIAB exists to publish high quality research papers in accounting, corporate finance, corporate governance and their interfaces. The interfaces are relevant in many areas such as financial reporting and communication, valuation, financial performance measurement and managerial reward and control ...