Examining theories, mediators and moderators in financial well-being literature: a systematic review and future research agenda

被引:9
作者
Bashir, Ifra [1 ]
Qureshi, Ishtiaq Hussain [1 ]
机构
[1] Univ Kashmir, Dept Management Studies, Srinagar, India
来源
QUALITATIVE RESEARCH IN ORGANIZATIONS AND MANAGEMENT | 2023年 / 18卷 / 04期
关键词
Systematic literature review; Financial well-being; Theories; Mediators; Moderators; LIFE SATISFACTION; EMPIRICAL-ANALYSIS; COLLEGE-STUDENTS; SELF-EFFICACY; INCOME; MANAGEMENT; SUPPORT; CREDIT; ADULTS; CONSERVATION;
D O I
10.1108/QROM-04-2022-2314
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Purpose The United Nation's 2030 mission provides scholars, practitioners and governments with a valuable framework to direct their research in a way that tackles societal issues. Towards this aim, some key Sustainable Development Goals focus on improving the well-being of humans and societies; however, the literature dealing with individual financial well-being is still underdeveloped and fragmented. To address this significant research gap, this paper reviews the literature on financial well-being. It provides an in-depth analysis of different theories, mediators and moderators employed in financial well-being studies to deepen the theoretical framework and widen the scope of financial well-being research.Design/methodology/approach Using the Web of Science Core Collection database (WoS), the literature on financial well-being was reviewed (n = 32) following a systematic review approach.Findings Findings revealed that (a) there is a limited application of theories in financial well-being studies (n = 19) with the majority of studies (n = 15) employing only one theory; (b) twenty-one different theories were used with the maximum number of theories employed by any study was four; (c) the theory of planned behavior was the most commonly used (n = 4); (d) While a reasonable number of studies examine mediators and moderators in antecedents-financial well-being relationships, studies examining mediators and moderators relationships in financial well-being-outcomes relationships are limited. Based on these findings, this review identified a need for future theory-based financial well-being research and examining the role of underlying and intervening mechanisms in antecedents-financial well-being-outcomes relationships.Originality/value The study concludes by suggesting some relevant theories and prospective variables that can explain potential financial well-being relationships. To the best of the author's knowledge, this is the first review on the use of theories, mediators and moderators in financial well-being studies.
引用
收藏
页码:265 / 290
页数:26
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