Design Development of Financial Citizenship Model for Women in Indonesia

• Published in: IOP conference series. Materials Science and Engineering Vol. 1007; no. 1; pp. 12046 - 12051
• Main Authors: Roni Setyawan, Ignatius, Ramli, Ishak, Listyarti, Indra
• Format: Journal Article
• Language: English
• Published: IOP Publishing 01.12.2020
• Subjects: Behavior Finance; Financial Decision Making; Financial Inclusion; Financial Literacy; Financial Technology; Structural Equation Model
• ISSN: 1757-8981; 1757-899X
• DOI: 10.1088/1757-899X/1007/1/012046

This study aims to determine and find financial decision making models using information technology and concepts of women's understanding of financial inclusion. The financial decision making in families that is suitable to provide understanding of women in understanding financial inclusion and information technology of financial technology. Prior to this research we will map the information technology and the understanding of women's financial literacy in two regional locations: Pacitan and Tangerang Regency. These two regions have unique geo characteristics and different paradigms of the women's mindset, and the proximity of the region to the capital. Pacitan Regency experienced a significant increase in the small and medium businesses, mostly carried out by women (mothers). This research is planned to use Structural Equation Model (SEM) with Partial Least Squares (PLS) nonlinear regression technique, We analyze the 300 primary respondents' questionnaires' data collected from women in Pacitan and Tangerang regency from September until November 2020. Affordable population of the study, each district will be taken as many as 150 respondents. from respondents from both regions. The expected outcome is a model of mapping women's knowledge of financial inclusion and behavior of women in financial decision making and understanding of financial products in Pacitan and Tangerang Districts to reaffirm the context of financial citizenship namely financial literacy and inclusion referring to Hennings and Machado [6] and Listyarti [11]