THE INFLUENCE OF FINANCIAL KNOWLEDGE ON FINANCIAL BEHAVIOR IN GENERATION Z WITH SELF-EFFICACY AND FINANCIAL  ATTITUDE AS MEDIATORS

Hendra Raza; Suhendri; Ikhyanuddin; Rico Nur Ilham

doi:10.54443/jaruda.v3i1.166

Authors

Hendra Raza Universitas Malikussaleh
Suhendri Universitas Malikussaleh
Ikhyanuddin Universitas Malikussaleh
Rico Nur Ilham Universitas Malikussaleh

DOI:

https://doi.org/10.54443/jaruda.v3i1.166

Keywords:

Asset Growth (AG), Firm Size (FS), Debt to Equity Ratio (DER), Dividend Payout Ratio (DPR)

Abstract

This research aims to explore the influence of financial knowledge on financial behavior in Generation Z by considering the mediating role of self-efficacy and financial attitudes. Generation Z is a young generation who grew up in the era of digital technology and has a big influence on the future economy. Financial knowledge is an important key in understanding how Generation Z manages their own finances. The research results show that financial knowledge has no effect on financial behavior. In addition, self-efficacy and financial attitudes also positively mediate the relationship between financial knowledge and financial behavior, indicating that Generation Z who have high self-confidence in managing finances tend to have better financial behavior and emphasize the importance of positive attitudes towards finance in forming wise behavior in financial management

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