Proceedings of the 9th Global Conference on Business, Management and Entrepreneurship (GCBME 2024)

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

Authors
Leni Permana1, *, Siti Parhah1, Dadang Dahlan1
1Universitas Pendidikan Indonesia, 40154, Bandung, Indonesia
*Corresponding author. Email: permanaleni@upi.edu
Corresponding Author
Leni Permana
Available Online 12 September 2025.
DOI
10.2991/978-94-6463-817-2_27How to use a DOI?
Keywords
Test; Financial Literacy; Financial Fraud; Financial Decision; Methods
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.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th Global Conference on Business, Management and Entrepreneurship (GCBME 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
12 September 2025
ISBN
978-94-6463-817-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-817-2_27How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Leni Permana
AU  - Siti Parhah
AU  - Dadang Dahlan
PY  - 2025
DA  - 2025/09/12
TI  - Developing Test of Financial Literacy in the Context of Indonesia: Design and Evaluation
BT  - Proceedings of the 9th Global Conference on Business, Management and Entrepreneurship (GCBME 2024)
PB  - Atlantis Press
SP  - 216
EP  - 221
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-817-2_27
DO  - 10.2991/978-94-6463-817-2_27
ID  - Permana2025
ER  -