Exploring the factors in shaping investor's financial decision-making

被引:1
作者
Singh, Shahni [1 ]
Kumar, Arya [1 ]
Hota, Swetaleena [1 ]
Dutta, Sudeshna [2 ]
Styaningrum, Farida [3 ]
机构
[1] Kalinga Inst Ind Technol, Dept Commerce, Bhubaneswar, Odisha, India
[2] Biju Patnaik Inst Informat Technol & Management S, Dept Commerce, Bhubaneswar 751024, Odisha, India
[3] Univ PGRI Madium, Jawa Timur 63118, Indonesia
关键词
Financial literacy; Financial satisfaction; Financial saving behaviour; Financial awareness; Students; LITERACY; SATISFACTION; COMPONENTS; PERCEPTION; BEHAVIOR; IMPACT;
D O I
10.47974/JSMS-1139
中图分类号
O21 [概率论与数理统计]; C8 [统计学];
学科分类号
020208 ; 070103 ; 0714 ;
摘要
Purpose: This study examines how financial literacy affects undergraduate management students. The study examines how to improve management students' financial literacy. Methodology: Management students in Bhubaneswar, India, are assessed on their financial knowledge, behavior, awareness, and satisfaction. Twenty measures were assessed for 230 individuals. A 5-point Likert scale self-administered questionnaire examined all factors. Research focused on scale validity. The independent-dependent variable relationship can be quantified through path analysis, and AMOS version 21 was used to estimate the CFA framework to establish construct validity. Results: Management students' financial literacy and saving habits were strongly correlated. Originality: Financial education programs that assist individuals make better financial decisions, promote financial well-being, and lessen economic inequality should be clearly addressed in prior study. Thus, an inquiry on student management to explore these topics.
引用
收藏
页码:87 / 103
页数:17
相关论文
共 47 条
[1]  
[Anonymous], 2013, Financial literacy and inclusion: Results of OECD/INFE survey across countries and by gender
[2]   FINANCIAL SATISFACTION AND FINANCIAL STRESSORS IN MARITAL SATISFACTION [J].
Archuleta, Kristy L. ;
Britt, Sonya L. ;
Tonn, Teresa J. ;
Grable, John E. .
PSYCHOLOGICAL REPORTS, 2011, 108 (02) :563-576
[3]  
ASIC, 2004, ASIC discussion paper
[4]  
Atkinson A., 2012, OECD WORKING PAPERS, DOI [10.1787/5k9csfs90fr4-en, DOI 10.1787/5K9CSFS90FR4-EN]
[5]   Financial Literacy and Emergency Saving [J].
Babiarz P. ;
Robb C.A. .
Journal of Family and Economic Issues, 2014, 35 (1) :40-50
[6]  
Bapat GS, 2021, ASIA-PAC J HEALTH MA, V16, P266
[7]   Analyzing the components of Covid-19 impacting economy: A developing country perspective [J].
Baral, Manish Mohan ;
Mukherjee, Subhodeep ;
Chittipaka, Venkataiah ;
Pal, Surya Kant ;
Jana, Bhaswati ;
Kumar, Anuj ;
Shukla, Vipin .
JOURNAL OF STATISTICS AND MANAGEMENT SYSTEMS, 2023, 26 (02) :331-350
[8]  
Braunstein S., 2002, FED RESERVE BULL, V88, P445
[9]  
Chijwani M., 2014, International Journal for Scientific Research & Development, V1, P2456
[10]   FINANCIAL LITERACY AND ITS VARIABLES: THE EVIDENCE FROM INDONESIA [J].
Dewi, Vera Intanie ;
Febrian, Erie ;
Effendi, Nury ;
Anwar, Mokhamad ;
Nidar, Sulaeman Rahman .
ECONOMICS & SOCIOLOGY, 2020, 13 (03) :133-154