Developing Test of Financial Literacy in the Context of Indonesia: Design and Evaluation

Leni Permana (), Siti Parhah and Dadang Dahlan
Additional contact information
Leni Permana: Universitas Pendidikan Indonesia
Siti Parhah: Universitas Pendidikan Indonesia
Dadang Dahlan: Universitas Pendidikan Indonesia

A chapter in Proceedings of the 9th Global Conference on Business, Management and Entrepreneurship (GCBME 2024), 2025, pp 216-221 from Springer

Abstract: Abstract The escalating instances of financial fraud necessitate urgent and decisive intervention. This highlights the importance of increasing financial literacy in society. To measure the financial literacy level of young people in Indonesia, it is crucial to develop standardized financial literacy tests that comply with the country’s regulations and conditions. This can help determine appropriate measures to improve their financial decision-making abilities. Using research and development methods, this research has created a financial literacy test that experts have validated. The empirical analysis shows that all items in the test fit the model and have good construct, material, and language aspects. All items have good content validity, and item reliability is in the reliable category. The difficulty level of the items is in the easy-to-complex categories.

Keywords: Test; Financial Literacy; Financial Fraud; Financial Decision; Methods (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-817-2_27

Ordering information: This item can be ordered from
http://www.springer.com/9789464638172

DOI: 10.2991/978-94-6463-817-2_27

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().