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Changes in individual activities lead to changes in behavior. In particular, adolescents experience changes in learning and teaching activities, resulting in a gap between the amount of time available and the lack of activities that adolescents can do. It becomes a momentum for adolescents to create new activities, one of which is investing in the capital market. The relationship between emotional intelligence and adolescents’ intention to become investors, as well as the moderating effect of financial literacy in the relationship. These values indicate that the model is suitable enough to explain about 42.8%-52.6% of changes in the relationships tested.  Emotional intelligence has a positive effect on adolescents’ intention to become investors, and financial literacy is able to strengthen this influence. This study contributes to a greater understanding of the importance of emotional intelligence and financial literacy when adolescents have the intention to become investors, especially when capital market uncertainty increases. As capital market uncertainty increases, adolescents should be able to assimilate emotional intelligence with their financial literacy to obtain greater returns. It may encourage adolescents to keep choosing their career as an investor. These results have significant theoretical contributions and provide recommendations for industry and policymaker. This can encourage teens to still choose their careers as investors. These results have significant theoretical contributions and provide recommendations for industry and policymakers.  

Fraud is a thorn in the flesh of many organizations in both local and global business ecosystems, more so in the financial sector because of the liquid nature of their services. To curb this menace, Financial Institutions including Microfinance institutions implemented fraud risk management practices. While larger financial institutions afford raft measures for curbing fraud, MFIs contend with less sophisticated practices in spite of them being the most susceptible to financial improprieties. Further, the determination of the overall effect of these practices on financial performance is critical in evaluating their success. The objective of this study therefore was to find out how fraud risk management practices affect the financial performance of Microfinance Institutions in Kenya. The study was anchored on the fraud management life cycle theory and focused on twelve deposit-taking Microfinance Institutions that were in operation in the Nairobi region of Kenya between 2016 to 2020. The study adopted a descriptive research design using cross-sectional data computed from the average financial results for five years 2016-2020. The study used purposive and stratified Random sampling methods to select a sample of 281 respondents from finance, ICT, operations, Audit, and Litigation managers and staff. The study used descriptive and inferential statistics to analyze the data. The results showed that fraud risk management positively and significantly affected financial performance by curbing incidents of fraud and concluded that to improve financial performance microfinance institutions should implement fraud risk management since they had a positive and significant effect on financial performance. The study recommended that firms should invest substantially in fraud risk management to reduce incidences of fraud and improve financial performance. Further, the management of Microfinance Institutions should continually evaluate and update their practices to keep abreast with the ever-changing fraud antics.

MSMEs play a vital role in global economic development, as well as being the key to most businesses and important contributors to job creation and economic development. However, amidst the uncertain business and economic situation, most MSMEs have to struggle to maintain their business performance. So efforts are needed from various parties to improve business performance in MSMEs. This research aims to test and analyze the influence of financial literacy levels on business performance, with financial access and financial risk attitudes as mediating variables. Sampling in this research used a purposive sampling technique among tofu processing industry players in Kediri City. The sample was determined using the Slovin method and a sample of 400 respondents was obtained. The method used in this research uses Structural Equation Model (SEM) Partial Least Square (PLS) analysis through the SmartPLS data processing program version 3. The results of this research show that all hypotheses are accepted. Financial literacy, access to finance and financial risk attitudes have a positive and significant effect on business performance. Financial access is able to mediate the relationship between financial literacy and financial risk attitudes, and financial risk attitudes are also able to mediate the relationship between financial literacy and business performance in the Kediri City tofu processing industry.

Behavioral finance elucidates how investors rationally commit errors in the process of making investment decisions as a result of cognitive and emotional biases, ultimately resulting in unfavorable investment choices. People are unable to avoid a variety of behavioral biases that have an impact on investors' investment decision-making processes. The human mind employs shortcuts and emotional filters to interpret information, leading to errors in the decision-making process. The objective of this study is to investigate and assess the impact of behavioral biases such as disposition effects, herding, and overconfidence on investment decision-making. Additionally, we will examine how financial literacy moderates these biases. The research employed a purposive sample strategy to select generation Z investors in Kediri City. The sample size of 400 respondents was determined using the Krejcie & Morgan table. This research employs the Partial Least Squares (PLS) Structural Equation Model (SEM) analysis method using the SmartPLS version 3 data processing application. The research findings indicate that the disposition effect and overconfidence exert a substantial impact on investment decision-making; however, herding does not exhibit a significant influence on investment choice-making. Financial knowledge enhances the impact of the disposition effect on investment decision-making in a positive way. Financial literacy has a negative moderating effect on the influence of herding and overconfidence on investment decision-making among Generation Z investors in Kediri City.

This research aims to reveal the budgeting accounting practices of the Jaton Community in Gorontalo, especially in Reksonegoro village during the Eid Ketupat celebration. Ethnomethodology is used by researchers as a research method to explore and study how humans perceive and carry out daily activities in social reality. The results of the research concluded that the Jaton Family's budgeting accounting practices during Eid Ketupat celebrations were carried out in three ways: (1) estimating the budget based on previous year's expenditure, (2) estimating the budget based on the frequency of the number of guests, and (3) estimating the budget based on nominal savings. In optimizing the budget, it is revealed that there is a role for household accounting in it. Matombol-tombolan (mutual cooperation) household accounting practices are reflected in (a) the mutual cooperation attitude between husband and wife in combining income, (b) the mutual cooperation attitude between family members in preparing the ketupat tradition so that it can be carried out efficiently and effectively, and (c) the attitude of mutual cooperation between neighbors of the Jaton community to cover each other's shortcomings during the ketupat tradition. The values that underlie accounting practices carried out in the Ketupat celebration tradition are: Amanah (Trustworthy), Maslahah, Adil (Fair) and Loyal; which can be shortened into a word namely; AMAL (Charity).

The growth of capital market investors and financial literacy has increased every year and investors in making an investment decision However, financial theory argues that there are psychological biases that can influence investors in making inappropriate investment decisions. This study aims to examine the influence and analyze Overconfidence, Loss Aversion and Herding Bias on investment decisions and Financial Literacy as a mediating variable. Financial Literacy is used as mediating variable in the relationship of Overconfidence, Loss Aversion. However Herding Bias variables on Investment Decisions. This study uses non-probability sampling techniques to as many as 163 investors stock in Yogyakarta as respondents. Findings/Results: the study shows that overconfidence, loss aversion and herding bias have a significant effect on investment decisions and overconfidence, loss aversion and herding bias are not mediated by financial literacy in making investment decisions.

This study aims to examine the accounting practices of micro businesses engaged in convection at the Islamic Boarding School, named Aba Collection. This study uses ethnomethodology with the qualitative approach as a research method because it has its own points in understanding empirically. Ethnomethodology is an empirical study that studies how humans capture and perform daily activities in social reality. The results of this study found that accounting does exist and is considered important in the Aba Collection. Applied accounting is using simple accounting in its own way. The presence of simple accounting is carried out based on religious values, namely sustenance, sincerity, and alms. These values are implemented in simple accounting practices with the belief and faith of the business owner.  The finding of this study suggests that Local governments should also pay more attention to providing training on accounting practices to produce financial statements tailored to the needs and business conditions classified as Micro businesses in Tulungagung Regency.

This study examines the impact of overconfidence bias, herding bias, and risk perception on stock investment decisions. This study uses explanatory research with a quantitative approach. The population in this study is the Generation Z Society, the generation born between 1997-2012 in Malang City who invests in the capital market. The sampling technique used in the study was purposive sampling. Data collection was used through surveys using questionnaires, and the use of Likert scales to test instruments. The data were analyzed using Structural Equation Model Partial Least Square (SEM-PLS) modeling. The results of this study indicate that overconfidence bias and herding bias contained in investors can reduce the quality of investment decisions. In addition, overconfidence bias and herding bias can also reduce investors' risk perception. The perception of risk in investors can influence investment decisions and increase the benefits of the investment process. Risk perception can mediate between overconfidence bias and herding bias on investment decisions. The results of this study suggest that investors should minimize the formation of bias when making investment decisions and diversify their portfolios to minimize risk.    

This study aims to examine and analyze the role of self-efficacy in mediating parental financial teaching on financial management behavior. The object of this research is the younger generation as reflected by students. Respondents in this study amounted to 100 students at the Faculty of Economics and Business, Universitas Brawijaya. This study uses quantitative data which is then analyzed using PLS Structural Equation Modeling and hypothesis testing. The results of the analysis in this study illustrate that parental financial teaching, self-efficacy, and financial management behavior have a direct relationship and show a significant positive effect. Self-efficacy is a mediator in this study. The implications of this research are expected to contribute to science and related parties.  

This study aims to analyze and investigate the impact of income, financial knowledge, financial stress, COVID-19 omicron awareness, and behavior on financial satisfaction. This study uses explanatory research with a quantitative approach. The population in this study was all students with a study status still enrolled in the master of management program at Brawijaya University from 2018–2022, totaling around 353 students. The sampling technique used in the study was purposive sampling. The sample in the study was 79 students. Surveys and documentation were used to collect data, and Likert scales were used to test instruments. The structural equation model of partial least squares (SEM-PLS) modeling was used to analyze the data. The results of this study indicate that income and financial knowledge can directly increase financial satisfaction. However, financial stress and COVID-19 omicron awareness have no effect on financial satisfaction. On the other hand, financial behavior can increase financial satisfaction. Financial behavior can fully mediate the influence relationship between financial stress and COVID-19 omicron awareness on financial satisfaction. Financial behavior is also discovered to play a role as a partial mediator in the relationship between the effect of income and financial knowledge on financial satisfaction at the individual level. The findings of this study suggest that students should improve their habits in carrying out the proper financial management, such as planning, increasing assets through saving and investing activities, and minimizing living costs through controlling spending activities, in order to meet all needs and avoid financial problems in the future, which will have an impact on achieving high financial satisfaction.      

This study aims to analyze how the internal control system of merchandise inventory that has been running so far and should be carried out by PT. Hokkian Anugerah Karya Abadi Banjarmasin, the method used in this study is descriptive qualitative, the population of this study is all employees of PT. Hokkian Anugerah Karya Abadi Banjarmasin, totaling 89 people and a sample of 4 people consisting of leaders/managers, admin staff, warehouse staff and accounting staff, data collection techniques were obtained from observation, interviews and documentation. The results showed that the internal control system for merchandise inventory at PT. Hokkian Anugerah Karya Abadi Banjarmasin still had weaknesses in the components of the internal control system related to control and monitoring activities, and elements of the internal control system in the authority system and recording procedures, healthy work implementation. and quality employees who are still not optimal, this affects the difference in the amount of physical stock of merchandise inventory in the warehouse with the company's computer programmed.

The goal of this research is to determine how financial literacy and financial attitude influence financial management behavior in Culinary MSMEs in Rawamangun, East Jakarta City. The type of research used is explanatory research. The sampling method is probability with area sampling. Samples were collected from 50 Culinary MSMEs actors in East Jakarta's Rawamangun Urban Village. The primary data used are questionnaire responses on a five-point Likert scale. Multiple Regression Analysis was used to analyze the data, aided by SPSS version 25.0. Based on the testing results, the two hypotheses show that financial literacy and financial attitudes positively and significantly influence financial management behavior in Culinary MSMEs actors in Rawamangun Urban Village. Theoretically, this study recommends further research to analyze in-depth other variables that shape the financial management behavior of Culinary MSMEs in Rawamangun Urban Village. Practically, this study highlights the need for education and literacy to strengthen the financial management behavior of culinary entrepreneurs, with the aim of improving the economy and business through insightful activities such as education, and training courses that focus on savings, loans, investments and insurance.

Financial management for young entrepreneurs needs to be done because disciplined financial arrangements will be able to minimize the risk of uncertainty. Young entrepreneurs have problems with financial management behavior, that is knowledge and skills in managing finances which have an impact on financial decision-making. This study aims to see the effect of financial knowledge, financial attitudes, and personality on financial management behavior in young entrepreneurs in Malang. The approach used in this research is quantitative with an explanatory approach. This study's population is young entrepreneurs in the Brawijaya University environment. The sampling technique used purposive sampling with a sample size of 150 samples. The results of this study prove that partially financial knowledge has no significant effect on Financial Management Behavior. Financial attitudes have a significant effect on Financial Management Behavior, and personality has a significant effect on Financial Management Behavior in Young Entrepreneurs in Malang City.

Apart from many studies related to Social Capital, Financial Literacy, Financial Access, and Financial Performance, there are still few studies that are associated between social capital and financial literacy with business performance that uses financial access as a mediation. This research was guided by the Theory of Behavioral Finance (TBF) and Dual-Process Theory (DPT). This study aimed to examine and analyze the effect of social capital and financial literacy on business performance through financial access for Batik SMEs in Pamekasan Regency. This study uses the Pamekasan Regency Batik SMEs as the object of research. This study uses a quantitative approach. The population in this study is Batik SMEs in Pameksan Regency. The sampling technique used is proportional sampling. The sample in this study is calculated using the Slovin formula to produce 135 respondents of SMEs Batik Pamekasan Regency. The data collection technique in this study was carried out by distributing questionnaires. The data analysis technique was carried out by SEM-PLS using 3.0 software. The results show an influence of social capital, financial literacy, and financial access on the business performance of Batik SMEs in Pamekasan Regency. Access to finance can mediate the influence between social capital and financial literacy on the business performance of Pamekasan Batik SMEs.

The purpose of the study is to prove that social media has an effect on the behavior of millennial investors mediated by financial risk tolerance. The data collected through the questionnaire was processed and tested for the validity and reliability of the construct. This study uses Structure Equational Modelling (SEM) and passes the criteria for model fit and quality indices to determine the strength of the structural model of the study before testing the hypothesis. This study found that social media and financial risk tolerance variables directly affect investor behavior, social media affects financial risk tolerance and is able to mediate social media relations with investor behavior. The mediating effect of risk tolerance is very strong on social media relations as a provider of market information with investor’s stock trading behavior, both buying and selling. This study also found that investors tend to make biased decisions when faced with bear market conditions, namely showing overreaction behavior.

This study aims to determine the effect of financial literacy and information technology knowledge on the motivation of the millennial generation to invest in shares on the Indonesian Stock Exchange. The population in this study are millennial investors who have joined two securities companies on the Indonesian Stock Exchange, namely Mirae Aset Sekuritas and Phintraco Sekuritas. Determination of the number of samples using purposive sampling method, namely only those willing to fill out a questionnaire distributed online, and the results obtained are 44 samples. The analytical tool used in this research is Multiple Linear Regression analysis. The study results show that: 1) Financial literacy significantly affects millennial motivation to invest in shares on the Indonesian Stock Exchange. The higher their financial literacy, the more motivated they are to invest in stocks; 2) Knowledge of information technology has no significant effect on millennial motivation to invest in shares on the Indonesian Stock Exchange, and 3) Simultaneously, the investment motivation variable can be explained by the financial literacy and information technology knowledge variables by 58%. In contrast, the remaining 42% can be explained by other variables not included in this study.

This study aims to examine the factors that influence investment intention, namely investment motivation, investment knowledge and information technology in the millennial generation in banyumas with perceived risk as a moderation variable. The samples used in this study were 220 samples. The sampling method is non-probability sampling and the sampling technique is the convenience sampling method. Structural model analysis is carried out using PLS through several stages of analysis, namely outer model analysis, inner model analysis and hypothesis testing. The results of this study show that (i) Investment Motivation has a significant effect on Investment Intention, (ii) Investment Knowledge has a significant effect on Investment Intention, (iii) Information Technology has a significant effect on Investment Intention, (iv) Perceived Risk has a significant effect on Investment Intention, (v) Perceived Risk has been proven to be able to moderate the relationship between Investment Motivation and Investment Intention, (vi) Perceived Risk is proven to be able to moderate the relationship between Information Technology Investment Intention and (vii) Perceived Risk is not proven to be able to moderate the relationship between Investment Knowledge and Investment Intention.

The rise in the cryptocurrency market has led many individuals to start their investment. However, individuals are affected by several factors in their decision-making process to invest. The objective of this study is to examine the factors that can predict the decision to invest in the cryptocurrency market, by utilizing the variables of overconfidence, financial literacy, and attitude. This study also explores the role of attitude in mediating the influence of overconfidence and financial literacy on investor decisions. The population of this study is individual student investors in three top universities in Indonesia. This study uses a non-probability sampling technique, with purposive sampling that includes several criteria to determine the number of samples. The data is collected by distributing questionnaires to the students using Google Forms. The total number of respondents in this study, who returned the questionnaire that has been filled is 297 students. The data obtained from respondents is analyzed using Structural Equation Modeling with Partial Least Square (SEM-PLS). Finally, the results of this study have proved that: (1) Overconfidence has a positive influence on attitude; (2) Financial literacy has a positive influence on attitude; (3) Overconfidence has a positive influence on investor decision; (4) Financial literacy has a positive influence on investor decision; (5) Attitude has a positive influence on investor decision; (6) Attitude mediates the influence of overconfidence on investor decision; and (7) Attitude mediates the influence of overconfidence on investor decision. The implications for scholars and crypto investors are also provided in this study.

This study aims to analyze the urgency of applying integrated financial and tax reports for MSME actors, using a cost and benefit analysis approach. The data used in this study is primary data. This study distributed questionnaires to 109 MSMEs in Indonesia. The data obtained were then analyzed using descriptive qualitative research methods. The results show that respondents' perceptions of MSMEs' benefits of using financial statements and taxes will be greater than the costs. Therefore, recommendations for making integrated financial and tax reporting applications can be urgently applied among MSMEs. Besides, the benefit analysis results with the most significant score is that MSMEs can make financial and tax reports on time. The application can find out the latest conditions of developments. Meanwhile, in terms of costs, the application requires quite a lot of expenses due to the use of the internet and the initial expenditure for purchasing mobile phones, applications if it is paid and other costs.

This study aims to examine the influence of employee competence, accounting information systems, and internal control systems on the quality of financial statements moderated by leadership style in State Universities. The research data was obtained through questionnaires to 128 financial management officials at 75 State Universities of the Ministry of Education and Culture. The data analysis method used SEM-PLS with the SmartPLS 3.0 application. The results of this study showed that employee competence, accounting information systems, and internal control systems had a positive effect on the quality of financial statements. Leadership style as a moderating variable was able to strengthen the influence of employee competence, and accounting information systems on the quality of financial statements and weaken the influence of the internal control system on the quality of financial statements.