Financial Behavior Based on Risk Preferences, Financial Decisions, and Financial Performance of Islamic People's Financing Banks in East Java']Java During the Covid-19 Pandemic

This study aims to determine the effect of financial behavior based on risk preference, financial stability and financial performance of Islamic BPRs in the East during the Covid-19 pandemic. The population of this study is BPRS registered with the Financial Services Authority (OJK) with a total sample of 25 respondents. The sampling method used in this research is to use a saturated sample. The data collection method was carried out by distributing questionnaires to 25 BPRS directors and collecting financial data at the OJK. The data analysis used was the Structural-Partial Least Square Equation Model (PLS-SEM). The results of the analysis show that the influence of financial behavior based on risk preference has a negative but significant effect on financial performance, and the influence of financial behavior based on risk preference has a significant positive effect on funding decisions. The Influence of Financial Behavior Based on Risk Preference has a significant positive effect on investment decisions. The influence of Funding Decisions is proven to have a significant positive effect on Financial Performance and the Effects of Funding Decisions on Investment Decisions are proven to be positive, while the Effect of Investment Decisions on Financial Performance is proven to have a positive but not significant effect. The implications of this research show that the ability to manage financial decisions for future plans is very important for the welfare of companies during the Covid-19 pandemic, companies must take the right steps so that financial decisions are directed to the right path.