Achieving financial well being through the role of social capital and human capital
DOI:
https://doi.org/10.35335/ijafibs.v13i1.372Keywords:
Financial Well Being, Human Capital, Social CapitalAbstract
Research purposes: express the meaning based on the results of the analysis of the direct influence of social capital and human capital on financial well-being. Method: The analysis tool used is a structural equation model with Partial Least Square. The sample in this study was 52 members of the women's fishermen's association at the Sendang Biru Fish Auction Place in Malang Regency.Research result: explains that social capital does not directly affect financial well-being, but human capital directly has a significant effect on financial well-being. Theoretical Contribution/Originality: The novelty of this study contributes to the Resource-Based Theory (RBT) which focuses on factors that increase the financial welfare of female fisherwomen through intangible assets, namely social capital and human capital.
References
Adam, A. M., Frimpong, S., & Boadu, M. O. (2017). Financial literacy and financial planning : Implication for financial well-being of retirees. BEH - Business and Economic Horizons, 13(2), 224–236.
Ambarwati, D. (2019). Pemanfaatan Modal Sosial Dalam Upaya Meningkatkan Kemandirian Mantan Tenaga Kerja Indonesia Di Kabupaten Lampung Timur. Jurnal Penelitian, 13(1), 123. https://doi.org/10.21043/jp.v13i1.4191
Anggraini, Y. (2018). Peran Perempuan Masyarakat Pesisir Dalam Meningkatkan the Role of Women in Coastal Communities Improve Family Income of Fishermen in the Village of Bayah Sub District of Bayah Lebak Regency. Jurnal Kebijakan Pembangunan, 13, 97–106.
Atmaja, I. K. E., Purnamawati, I. G. A., & Sujana, E. (2020). Pengaruh Modal Sosial, Modal Manusia, Biaya Transaksi Terhadap Kesuksesan UMKM Industri Seni Lukisan Di Kabupaten Buleleng. JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Undiksha, 11(3), 374–384. https://ejournal.undiksha.ac.id/index.php/S1ak/article/view/26036
Barney, J. B., Ketchen, D. J., & Wright, M. (2011). The future of resource-based theory: Revitalization or decline? Journal of Management, 37(5), 1299–1315. https://doi.org/10.1177/0149206310391805
Bongomin, G. O. C., Ntayi, J. M., Munene, J. C., & Nabeta, I. N. (2016). Social capital: mediator of financial literacy and financial inclusion in rural Uganda. Review of International Business and Strategy, 26(2), 291–312. https://doi.org/10.1108/RIBS-06-2014-0072
Faccin, K., Genari, D., & Macke, J. (2017). Interorganisational social capital and innovation: a multiple case study in wine producers networks in Serra Gaúcha. RAI Revista de Administração e Inovação, 14(1), 52–66. https://doi.org/10.1016/j.rai.2016.12.002
Hartati, S., Bayu, K., Mustari, E., Karim, E., Bisnis, S., Bandung, I. T., Arsitektur, S., Pewilayahan, P., & Teknologi, I. (2021). PEMBERDAYAAN PEREMPUAN NELAYAN MELALUI METODE COMMUNITY BASED PARTICIPATORY ACTION ( Studi kasus Perempuan Nelayan Desa Pangandaran , Jawa Barat ). Sarwahita : Jurnal Pengabdian Kepada Masyarakat, 18(1), 91–105.
Hermansyah, H. (2022). Pengaruh Human Capital dan Personalitas Terhadap Keberhasilan Usaha Para Wirausahawan UMK dengan Efikasi Diri Sebagai Varaibel Intervening di Desa. Jurnal Ekonomi Manajemen Sistem Informasi, 4(2), 153–167. https://creativecommons.org/licenses/by/4.0/
Ismail, A. (2022). Modal Sosial sebagai Strategi Kelangsungan Hidup Perempuan Nelayan di Pulau Maitara Tidore Kepulauan. Jurnal Sains, Sosial Dan Humaniora (Jssh), 2(2), 29–38. https://doi.org/10.52046/jssh.v2i2.1345
Kamakia, M. G., Mwangi, C. I., & Mwangi, M. (2017). Financial Literacy and Financial Wellbeing of Public Sector Employees: A Critical Literature Review. European Scientific Journal, ESJ, 13(16), 233. https://doi.org/10.19044/esj.2017.v13n16p233
Kamukama, N., & Ahiauzu, A. (2011). Competitive advantage : mediator of intellectual capital and performance. Journal of Intellectual Capital, 12(1), 152–164. https://doi.org/10.1108/14691931111097953
Lestari, W., Kartono, D. T., Demartoto, A., & Setiyawan, K. B. (2019). Pemberdayaan Rumah Tangga menuju Kemandirian melalui Modal Sosial pada Program Kelurga Harapan (PKH). Society, 7(2), 268–280.
Narges, D., & Laily, H. P. (2011). Determinants of financial wellness among Malaysia workers. African Journal of Business Management, 5(24), 10092–10100. https://doi.org/10.5897/ajbm10.1267
Netemeyer, R. G., Warmath, D., Fernandes, D., & Lynch, J. G. (2018). How Am i Doing? Perceived Financial Well-Being, Its Potential Antecedents, and Its Relation to Overall Well-Being. Journal of Consumer Research, 45(1), 68–89. https://doi.org/10.1093/jcr/ucx109
Osman, Z., Madzlan, E. M., & Phang, I. G. (2018). In Pursuit of Financial Well-being: The Effects of Financial Literacy, Financial Behaviour and Financial Stress on Employees in Labuan. International Journal of Service Management and Sustainability, 3(1). https://doi.org/10.24191/ijsms.v3i1.8041
Renaldo, N., Sudarno, S., & Marice, H. B. (2020). The Improvement of Generation Z Financial Well-Being in Pekanbaru. Jurnal Manajemen Dan Kewirausahaan, 22(2), 142–151. https://doi.org/10.9744/jmk.22.2.142-151
Riswanto, R., Widjaya, O. H., & Suryawan, I. N. (2014). Pengaruh Management Skill, Financial Investor, Dan Human Capital Terhadap Women Entrepreneurial Success (Kasus:Wirausaha Wanita Di Jakarta Utara). Karya Ilmiah Dosen, 16(1), 21–26. http://repository.untar.ac.id/351/
Rokhman, M. T. N., Ratawati, & Rahayu, Y. N. (2023). Relationship Between Human Capital And Msmes Performance With Competitive Advantage As A Mediation. Jurnal Aplikasi Manajemen, 21(1), 191–204. https://doi.org/10.21776/ub.jam.2023.021.1.14.
Sabri, M. F., Cook, C. C., & Gudmunson, C. G. (2012). Financial well-being of Malaysian college students. Asian Education and Development Studies, 1(2), 153–170. https://doi.org/10.1108/20463161211240124
Saleh, K., Sumardjo, Hubei, A. V. S., & Puspitawati, H. (2018). Penguatan Modal Sosial Menuju Kemandirian Perempuan Perdesaan Pelaku Industri Rumahan Emping Melinjo di Provinsi Banten. Jurnal Penyuluhan, 14(1), 43–51.
Sawitri, D., & Soepriadi, I. (2014). Modal Sosial Petani dan Perkembangan Industri di Desa Sentra Pertanian Kabupaten Subang dan Kabupaten Karawang. Jurnal Perencanaan Wilayah Dan Kota, 25(1), 17–38. https://doi.org/10.5614/jpwk.2014.25.1.2
Suharto, M. Taufiq Noor Rokhman, & Jamil, A. (2021). CONFIRMATORY FACTOR ANALYSIS INTELLECTUAL CAPITAL, KNOWLEDGE MANAGEMENT AND COMPETITIVE ADVANTAGE OF MSMEs. International Journal of Small and Medium Enterprises, 4(1), 59–68. https://doi.org/10.46281/ijsmes.v4i1.1560
Sumani, S., & Roziq, A. (2020). Financial Literation: Determinants of Financial Well-Being in the Batik Small and Medium Industries in East Java. Jurnal Aplikasi Manajemen, 18(2), 289–299. https://doi.org/10.21776/ub.jam.2020.018.02.09
Suminah, S., Hariadi, S. S., Sundari, M. T., & Wijianto, A. (2017). Kemandirian Wanita Tani dalam Usaha Industri Pangan di Solo Raya Jawa Tengah. Jurnal Penyuluhan, 13(1), 97. https://doi.org/10.25015/penyuluhan.v13i1.14795
Utami, P. A., Suminah, S., & Rusdiyana, E. (2023). Pengaruh Human Capital dan Social Capital terhadap Kemandirian Petani Jamur Tiram di Kecamatan Karangpandan, Kabupaten Karanganyar. Jurnal Triton, 14(1), 188–201. https://doi.org/10.47687/jt.v14i1.316
Yaseen, S. G., Dajani, D., & Hasan, Y. (2016). The impact of intellectual capital on the competitive advantage: Applied study in Jordanian telecommunication companies. Computers in Human Behavior, 62, 168–175. https://doi.org/10.1016/j.chb.2016.03.075
Zemtsov, A. A., & Osipova, T. Y. (2016). Financial Wellbeing as a Type of Human Wellbeing: Theoretical Review. The Europen Proceedings of Social and Behavioral Sciences, 2, 385–392. https://doi.org/10.15405/epsbs.2016.02.49
Zuhir, N. N., Surin, E. F. H., & Rahim, L. (2019). Human capital, self-efficacy and firm performance: A study of bumiputera SMEs in Malaysia. International Journal of Financial Research, 10(6), 218–231. https://doi.org/10.5430/ijfr.v10n6p218
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 International Journal of Applied Finance and Business Studies
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
