The Quasi-Moderating Role of Financial Self-Efficacy in the Relationship Between Accounting Knowledge and Financial Management Behavior Among Generation Z

Authors

  • Tri Wulandari Institut Bisnis dan Ekonomi Indonesia
  • Tia Apriani Institut Bisnis dan Ekonomi Indonesia

DOI:

https://doi.org/10.54526/jbensm.v2i1.24

Keywords:

financial technology payment; accounting knowledge; financial self-efficacy; financial management behavior Social Cognitive Theory.

Abstract

This study investigates the effects of financial technology payment, accounting knowledge, and financial self-efficacy on financial management behavior among Generation Z. It addresses inconsistent evidence regarding fintech payment and extends Social Cognitive Theory by examining financial self-efficacy as a quasi-moderating variable. Data were collected from 110 Generation Z respondents (aged 18–28) in Pontianak City, Indonesia, using purposive sampling and analyzed with Partial Least Squares Structural Equation Modeling (PLS-SEM). The results show that financial technology payment has no significant effect on financial management behavior (β = 0.087, p = 0.598). Conversely, accounting knowledge (β = 0.351, p = 0.046) and financial self-efficacy (β = 0.475, p = 0.004) exert significant positive effects. The interaction between financial self-efficacy and accounting knowledge is not significant (β = −0.010, p = 0.671). The model demonstrates substantial explanatory power (R² = 0.824) and predictive relevance (Q² = 0.477). These findings highlight accounting knowledge and financial self-efficacy as the primary drivers of financial management behavior and provide implications for financial education, fintech development, and financial literacy policy

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Published

2026-07-30 — Updated on 2026-08-03

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How to Cite

Wulandari, T., & Apriani, T. . (2026). The Quasi-Moderating Role of Financial Self-Efficacy in the Relationship Between Accounting Knowledge and Financial Management Behavior Among Generation Z. Journal of Business Economics : Needs, Services, and Money, 2(1), 01–21. https://doi.org/10.54526/jbensm.v2i1.24 (Original work published July 30, 2026)

Issue

Vol. 2 No. 1 (2026): Journal of Business Economics:Needs, Services, and Money

Section

Research Articles

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Copyright (c) 2026 Tri Wulandari, Tia Apriani

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