Financial Literacy and Motivation to Stimulate Saving Behavior Intention in form of Bank Customer Deposits
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 11
Abstract
One of the indicators of how well a country’s economic health can be seen by the availability of funds to support development. The banking industry is one of the institutions that has an impact on the public's ability to access funds. Factors of fundamental finance and behavioral finance can influence individuals or groups of people to save their money in banks, particularly in the form of deposits. This study aims to determine how much behavioral finance and social environment can influence a bank customers’ interest in saving through deposits The analysis technique used are Path Analysis. The type of data are primary data from questionnaire distribution, The Likert scale were used for variable measurement. Results showed that financial literacy did not affect customer’s interest to save money in the form of deposits. Meanwhile, social environment cannot be used as an intervening variable for financial literacy and motivation towards customer’s interest to save their money in the form of deposits
Authors and Affiliations
Yuniningsih Yuniningsih, Bowo Santoso, Irvinta Mestika Sari, Alfan Auththor Firdausy, Irvan Cahya Romadhon
Keywords
Related Articles
- EP ID EP726540
- DOI 10.47191/jefms/v5-i11-19
- Views 45
- Downloads 0
Stock Price with Profitability Effect (Case Study: Food and Beverage Sub-Sector Company on Indonesia Stock Exchange)
Companies must adapt to changing fields and adopt appropriate strategies to maintain profitability, such as cost restructuring, diversification of their products or services, and investment in innovation and technology....
Solutions to Improve the Quality of Tourism Activities for Some Trade Villages Rural Rural District Can Gio District, Ho Chi Minh City
The tourism industry contributes a significant portion of the gross national economic product in many countries. Especially, for Vietnam, the tourism industry is now considered as one of the three key economic sectors; f...
Sticky Cost Behavior in Agricultural Sector Companies in Indonesia
This study aims to analyze sticky cost behavior of agricultural sector industry in Indonesia and the effect of capital intensity, current ratio, profitability, employee intensity, tax, and leverage on sticky cost in agri...
Effect of Financial Performance on Firm Value in Pharmaceutical Sub-Sector Companies on the IDX
The purpose of this study was to examine the impact of financial performance on firm value, with profitability being a moderator variable for firms in the pharmaceutical subsector. The data used in this study is pharmace...
Determinants of Human Resources Accounting Disclosure and their Impact on Financial Performance as Intervening Variables
The purpose of this study is to most of which indicate that human resource accounting disclosures have an influence on company performance, which refers to the research of al Mamun (2009) and Widodo (2014). Seeing that t...