The Influence of Intellectual Capital, Audit Fee, and Ownership Concentration on Enterprise Risk Management Disclosure

Abstract

This study explores the influence of financial literacy, attitudes towards money, and financial pressures on the financial well-being of non-profit workers in Indonesia, an issue that is relevant given the high social activity but lack of attention to workers' financial well-being, especially with the majority being low-income. Using the purposive sampling method on 108 respondents from various regions in Indonesia, the study revealed that financial literacy had a significant positive influence on financial well-being, while attitudes towards money had no significant effect. Conversely, financial stress had a significant negative influence on the financial well-being of non-profit workers. These findings underline the need for enhancing financial literacy and addressing financial pressures to improve workers' financial well-being. The study contributes both theoretically and practically by offering insights into the financial behavior of non-profit workers and highlighting the importance of targeted financial education programs for this sector.