Lecturers’ financial well-being: The role of religiosity, financial literacy, financial behavior, and financial stress with gender as a moderating variable
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Received October 29, 2024;Accepted March 13, 2025;Published April 1, 2025
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Author(s)Link to ORCID Index: https://orcid.org/0000-0003-3001-8917
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Link to ORCID Index: https://orcid.org/0000-0001-9470-9480,
Link to ORCID Index: https://orcid.org/0000-0002-9237-205X,
Link to ORCID Index: https://orcid.org/0009-0006-9341-5820,
Link to ORCID Index: https://orcid.org/0009-0003-8273-1930 -
DOIhttp://dx.doi.org/10.21511/imfi.22(2).2025.02
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Article InfoVolume 22 2025, Issue #2, pp. 14-25
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Financial well-being refers to how individuals perceive their financial security and ability to meet short-term and long-term financial goals. It involves feeling financially stable, having control over one’s finances, being satisfied with one’s financial situation, and handling unexpected events without excessive stress. This study examines the impact of financial literacy, financial behavior, financial stress, and religiosity on financial well-being, with gender as a moderating factor. A quantitative research approach was used, with the participants in this study consisting of permanent lecturers at a prestigious private university in North Sumatra, Indonesia, who are male with more than 1 (one) year of service. Due to the lack of available data regarding the exact number of faculty members, the sample size was calculated using Lemeshow’s formula, which is appropriate for use when the population is unknown. This resulted in a sample size of 385 permanent lecturers. The sampling method was accidental, and the data were analyzed using the SEM-PLS approach with SmartPLS software. The results show that religiosity, financial behavior, and financial literacy positively and statistically significantly affect financial well-being (p < 0.05). In contrast, financial stress, though negative, does not have a significant impact (p > 0.05). Additionally, gender does not moderate the relationship between religiosity, financial behavior, and financial stress on financial well-being (p > 0.05), but gender moderates the effect of financial literacy on financial well-being (p < 0.05).
Acknowledgment
They financed this study under the Fundamental Research - Regular (PF-R) area. Thank you, Ministry of Education, Culture, Research and Technology of the Republic of Indonesia 2024. This is also possible thanks to the Institute for Research and Community Service (LPPM) and the Faculty of Economics and Business Leadership at Universitas Muhammadiyah Sumatera Utara.
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JEL Classification (Paper profile tab)G41, G53, Z12
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References65
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Tables6
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Figures1
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- Figure 1. Conceptual framework
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- Table 1. Outer loading
- Table 2. Composite reliability
- Table 3. Discriminant validity
- Table 4. Heterotrait-Monotrait ratio (HTMT)
- Table 5. R-square test
- Table 6. Direct and moderating effects
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Conceptualization
Radiman
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Data curation
Radiman, Sri Fitri Wahyuni, Linzzy Pratami Putri, Adelia Damaiyanti, Densi Anugrahwati P
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Investigation
Radiman, Sri Fitri Wahyuni, Linzzy Pratami Putri, Adelia Damaiyanti, Densi Anugrahwati P
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Methodology
Radiman, Sri Fitri Wahyuni, Linzzy Pratami Putri
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Supervision
Radiman, Sri Fitri Wahyuni, Linzzy Pratami Putri
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Validation
Radiman, Sri Fitri Wahyuni, Linzzy Pratami Putri, Adelia Damaiyanti, Densi Anugrahwati P
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Visualization
Radiman, Sri Fitri Wahyuni, Linzzy Pratami Putri, Adelia Damaiyanti, Densi Anugrahwati P
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Writing – original draft
Radiman, Sri Fitri Wahyuni, Linzzy Pratami Putri
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Writing – review & editing
Radiman, Sri Fitri Wahyuni, Linzzy Pratami Putri, Adelia Damaiyanti, Densi Anugrahwati P
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Funding acquisition
Sri Fitri Wahyuni
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Project administration
Sri Fitri Wahyuni, Adelia Damaiyanti, Densi Anugrahwati P
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Resources
Sri Fitri Wahyuni, Linzzy Pratami Putri, Adelia Damaiyanti, Densi Anugrahwati P
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Software
Sri Fitri Wahyuni, Adelia Damaiyanti, Densi Anugrahwati P
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Formal Analysis
Linzzy Pratami Putri
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Conceptualization
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Perceived health risk, online retail ethics, and consumer behavior within online shopping during the COVID-19 pandemic
Yuniarti Fihartini, Arief Helmi
, Meydia Hassan
, Yevis Marty Oesman
doi: http://dx.doi.org/10.21511/im.17(3).2021.02
Innovative Marketing Volume 17, 2021 Issue #3 pp. 17-29 Views: 4733 Downloads: 1766 TO CITE АНОТАЦІЯThe risk of virus contracting during the COVID-19 pandemic has changed consumer preference for online shopping to meet their daily needs than shopping in brick-and-mortar stores. Online shopping presents a different environment, atmosphere, and experience. The possibility of ethical violations is higher during online than face-to-face transactions. Therefore, this study was conducted to investigate the influence of perceived health risk and customer perception of online retail ethics on consumer online shopping behavior during the COVID-19 pandemic, involving seven variables, namely perceived health risk, security, privacy, non-deception, reliability fulfillment, service recovery, and online shopping behavior. The data were collected through an online survey by employing the purposive sampling technique to a consumer who has shopped online during the COVID-19 pandemic in Indonesia. 315 valid responses were obtained and analyzed through quantitative method using SEM-Amos. The results showed that perceived health risk and four variables of online retail ethics including security, privacy, reliability fulfillment, and service recovery affected online shopping behavior. Meanwhile, non-deception was found to have an insignificant effect. The coefficient value proved perceived health risk to be more dominant in influencing online shopping behavior than the variables of online retail ethics. Thus, consumers pay more concern for their health during online shopping. However, positive consumer perceptions of the behavior of online retail websites in providing services also can encourage consumers to shop online during this pandemic.
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Human resource management in promoting innovation and organizational performance
I Gede Riana, Gede Suparna
, I Gusti Made Suwandana
, Sebastian Kot
, Ismi Rajiani
doi: http://dx.doi.org/10.21511/ppm.18(1).2020.10
Problems and Perspectives in Management Volume 18, 2020 Issue #1 pp. 107-118 Views: 3862 Downloads: 905 TO CITE АНОТАЦІЯHuman resource management (HRM) is one of the elements enabling an organization to remain competitive in turbulence conditions. The effective practice of HRM makes competent and innovative employees contributing to the achievement of organizational objectives. This study aims to analyze HRM practices in creating innovation and organizational performance. The questionnaire was used to measure the respondents’ perceptions of variables used by a Likert scale. A survey of 126 manager samples and middle managers at export-oriented short and medium enterprises (SMEs) in Bali, Indonesia, was conducted to test the model. The analysis has shown that the proposed model was proven to be compliant with the research hypotheses. HRM significantly affects organizational performance and innovation, and it was found out that innovation can improve organizational performance. However, in the process of simultaneous testing, it was found out that innovation cannot improve organizational performance. The lack of attention to investments in human resources became one of the barriers to SMEs in creating innovation.
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Positive contribution of the good corporate governance rating to stability and performance: evidence from Indonesia
Problems and Perspectives in Management Volume 16, 2018 Issue #2 pp. 1-11 Views: 3408 Downloads: 339 TO CITE АНОТАЦІЯThis paper aims to examine the impact of Good Corporate Governance (GCG) practice on bank stability and performance. Governance is measured using the GCG rating that covers eleven aspects. The authors apply instrumental regression to link governance to performance and stability. The study covers a sample of 150 banks. The result shows that bank stability can mediate bank governance and bank performance. On the determinant of bank performance, it can be concluded that the GCG rating is positive and directly influences bank performance. Bank stability is also positive for bank performance indicating the indirect contribution of the GCG rating to bank performance. NPL, LDR, CAR and bank’s size (LASSET) are all negative and significant. The aim of this paper is to provide strong empirical evidence on the importance of governance and stability for performance. The limitations of this paper are the size of the sample and that it only covers public banks which are theoretically required to apply better governance in all aspects of their business by the Capital Market Authority.