IDEAS home Printed from https://ideas.repec.org/a/ids/ijmefi/v14y2021i2p142-151.html
   My bibliography  Save this article

Financial literacy of SMEs in Citarum Watershed Area, Indonesia

Author

Listed:
  • Sam'un Jaja Raharja
  • Nenden Kostini

Abstract

One aspect of the role of small and medium enterprises (SMEs) is encouraging economic growth and development, domestically, and internationally. This study aims to determine the level of financial literacy of SMEs. This research uses quantitative and descriptive methods. Data were collected from 100 SMEs in the Citarum Watershed, Indonesia. Multivariate analysis techniques and factor analysis are used to process data. Results show that two factors determine the level of financial literacy of SMEs. The first factor is financial products and services. The second factor is the basic financial concepts. Suggestions for future research include other factors that influence financial literacy.

Suggested Citation

  • Sam'un Jaja Raharja & Nenden Kostini, 2021. "Financial literacy of SMEs in Citarum Watershed Area, Indonesia," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 14(2), pages 142-151.
    • Handle: RePEc:ids:ijmefi:v:14:y:2021:i:2:p:142-151
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=114017
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmefi:v:14:y:2021:i:2:p:142-151. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=218 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.