The moderator effect of financial literacy on the relationship between locus of control and financial behavior

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ümmühan Mutlu ◽  
Gökhan Özer
Keyword(s):  
Factor Analysis ◽  
Locus Of Control ◽  
Financial Literacy ◽  
Financial Behavior ◽  
Individual Investors ◽  
Moderator Effect ◽  
Content Type ◽  
Internal Locus ◽  
Internal Locus Of Control ◽  
The Relationship

PurposeThis study examines the effects of variables such as financial literacy and locus of control on the financial behavior of individual investors. Additionally, this article aims to reveal the moderator effect of financial literacy on locus of control and financial behavior.Design/methodology/approachResponses were collected from a questionnaire given to a convenience sample of 1,347 individual investors. Exploratory factor analysis (EFA), which reveals the factor structure of the scale, was used at the beginning of the study, and then confirmatory factor analysis (CFA) was performed to confirm this new factor structure. Hypothetical relationships were examined using structural equation modeling.FindingsThe study provides statistical support for the validity and reliability of the scales. The statistical results of the analysis reveal that financial literacy and locus of control have a positive effect on financial behavior. Moreover, the authors prove that financial literacy changes the relationship between internal locus of control and financial behavior. In conclusion, financial literacy plays a significant role as a moderator variable that interacts with locus of control.Originality/valueThe findings of the research are important in demonstrating empirical evidence for the theoretical correlations. In support of the current literature, this study has confirmed the positive effects of internal locus of control and financial literacy on the financial behavior of individual investors. In addition, it has been determined that the relationship between an individual's financial behavior and internal locus of control varies according to their level of financial literacy.

The effect of personality traits on households’ financial literacy

2017 ◽  
Vol 16 (1) ◽  
pp. 39-51 ◽  
Author(s):  
Teerapong Pinjisakikool
Keyword(s):  
Locus Of Control ◽  
Personality Traits ◽  
Big Five ◽  
Financial Literacy ◽  
Household Survey ◽  
Big Five Personality ◽  
External Locus ◽  
Internal Locus ◽  
Internal Locus Of Control ◽  
The Relationship

This article aims at finding the relationship between households’ personality traits and their financial literacy level. The data in this research are from the household survey which can represent the population in Dutch. Using the Big Five personality traits and economic locus of control – extraversion, agreeableness, conscientiousness, emotional stability, intellect, internal locus of control, and external locus of control – I have found that those people whose personality traits are intellect and internal locus of control tend to have higher level of financial literacy than those with other personality traits.

Priming employees’ promotion focus

2018 ◽  
Vol 56 (11) ◽  
pp. 2308-2324 ◽  
Author(s):  
Fu Yang ◽  
Jing Qian ◽  
Jun Liu
Keyword(s):  
Locus Of Control ◽  
Servant Leadership ◽  
Customer Service ◽  
Regulatory Focus ◽  
Promotion Focus ◽  
Content Type ◽  
Internal Locus ◽  
Internal Locus Of Control ◽  
The Relationship

PurposeThe purpose of this paper is to examine the relationship between servant leadership and customer service behaviors by probing the mediating role of promotion focus and the moderating role of internal locus of control.Design/methodology/approachThe authors hypothesized an indirect relationship between servant leadership and customer service behaviors through promotion focus. Also, the authors predicted that the positive relationship between servant leadership and promotion focus would be stronger for employees with low internal locus of control. The authors tested the theoretical model with data gathered across two phases over three months from 280 supervisor-subordinate dyads.FindingsResults indicated that servant leadership was positively related to customer service behaviors via promotion focus. Results also showed that internal locus of control moderated the relationship between servant leadership and promotion focus, such that the relationship was stronger for employees low on internal locus of control. Furthermore, this moderated mediated model was supported. As predicted, the indirect effect was stronger when internal locus of control was low.Research limitations/implicationsThis study extends the regulatory focus theory to the service context to investigate how and when servant leadership enhances customer service behaviors. The authors suggested promotion focus as a key mediating mechanism and revealed internal locus of control as a boundary condition for the effectiveness of servant leadership.Originality/valueThis study highlights the importance role of promotion focus in fostering customer service behaviors and provides novel theoretical insight regarding when servant leadership enhances customer service behaviors.

Occupational Needs as Moderators between Locus of Control and Job Involvement

1994 ◽  
Vol 74 (2) ◽  
pp. 371-379 ◽  
Author(s):  
Markku Riipinen
Keyword(s):  
Locus Of Control ◽  
Job Involvement ◽  
Internal Locus ◽  
Independent Variables ◽  
Internal Locus Of Control ◽  
Female Teachers ◽  
Relationship Of ◽  
The Relationship

Contradictory results have been published on the relationship of locus of control with job involvement, so in this study occupational needs were tested as moderators between the variables. Needs were measured with Ghiselli's Self-description Inventory, job involvement with Kanungo's Job Involvement scale, and locus of control with Pettersen's scale. Job involvement of 220 mainly female teachers was significantly predicted by extrinsic needs, and that of 213 female secretaries rather by intrinsic needs. Job involvement related to extrinsic needs was not associated with locus of control, while this relationship with intrinsic needs and job involvement was not needed for internal locus of control to correlate with job involvement. Especially the combination of strong intrinsic and extrinsic needs moderated the correlation, although locus of control could correlate with job involvement also for subjects with weak needs. The correlations were independent of internality of control or the amount of involvement. These results suggest that locus of control and job involvement are independent variables, and the former cannot be used as a predictor of the latter.

scholarly journals ETIKA KERJA ISLAM SEBAGAI VARIABEL INTERVENING ANTARA INTERNAL LOCUS OF CONTROL DENGAN ROLE CONFLICT KARYAWAN WANITA BERHIJAB

MANAJERIAL ◽  
2018 ◽  
Vol 4 (1) ◽  
pp. 85
Author(s):  
Dewi Nuraini
Keyword(s):  
Locus Of Control ◽  
Role Conflict ◽  
Quantitative Research ◽  
Analysis Method ◽  
Positive Role ◽  
Internal Locus ◽  
Internal Locus Of Control ◽  
Dependent Variables ◽  
Ethical Work ◽  
The Relationship

The purpose of this study is to determine and explain the significance of the influence of Internal Locus of Control on Role Conflict with the ethics of Islamic work as intervening variable relationship. The type of research used in this research is explanatory research with quantitative research method. In this study using 3 (three) variables of internal locus of control as free variables, Islamic work ethics as intervening and role conflict variables as dependent variables. Where respondents in this study as many as 92 female respondents berhijab.This study uses statistical analysis regression path analysis method using SPSS 16 for windows and sobel test. To see the effect of mediation or intervening. Based on the results of the analysis show that the four hypotheses submitted accepted the truth, but the relationship between ethical work of Islam and positive role conflict in this study

scholarly journals In everlasting fight against academic procrastination: The roles of classroom engagement and internal locus of control

2019 ◽  
Vol 8 (4) ◽  
pp. 647
Author(s):  
Yen Ling Hui ◽  
Kususanto Ditto Prihadi ◽  
Najiya I. Arif ◽  
Sam X. Y. Yap ◽  
Melissa J. Chua ◽  
...  
Keyword(s):  
Locus Of Control ◽  
Private University ◽  
Academic Procrastination ◽  
Classroom Engagement ◽  
Control Scale ◽  
Internal Locus ◽  
Internal Locus Of Control ◽  
Spss Software ◽  
The Relationship ◽  
Mediator Variable

<p><span>This study aims to test the hypothesis that classroom engagement mediates the relationship between students’ internal locus of control and academic procrastination. As many as 302 students from a private university between 18 to 26 years of age were recruited to respond to Internal-External Locus of control Scale, Classroom Engagement Inventory, and Academic Procrastination scale. Bootstrapping analyses were conducted by utilizing PROCESS Macro model 4 in SPSS software, and the results showed that the mediator variable fully mediates the link between the predictor and outcome variables. In other words, the direct effect of internal locus of control on academic procrastination was no longer significant when controlling for classroom engagement. Further discussion, implications and suggestions were presented at the end of the article.</span></p>

Relationship between Jealous Feelings and Behaviors

1989 ◽  
Vol 69 (3-1) ◽  
pp. 765-766 ◽  
Author(s):  
Everton G. McIntosh ◽  
Sandra S. Tangri
Keyword(s):  
College Students ◽  
Locus Of Control ◽  
Self Esteem ◽  
Internal Attribution ◽  
Internal Locus ◽  
Internal Locus Of Control ◽  
And Behaviors ◽  
The Relationship

The relationship between jealous feelings and behaviors was investigated by giving 185 college students who were currently dating four measures. Analysis showed that high self-esteem, an internal locus of control, and the making of a dispositional (internal) attribution of the cause of jealousy were all significantly related to the use of direct coping (jealous) behaviors.

Work Stress and Emotional Exhaustion in Nurses: The Mediating Role of Internal Locus of Control

2014 ◽  
Vol 28 (3) ◽  
pp. 260-268 ◽  
Author(s):  
Neslihan Partlak Günüşen ◽  
Besti Üstün ◽  
Sabri Erdem
Keyword(s):  
Locus Of Control ◽  
Work Stress ◽  
Emotional Exhaustion ◽  
Maslach Burnout Inventory ◽  
Equation Modeling ◽  
Internal Locus ◽  
Internal Locus Of Control ◽  
Systems Model ◽  
The Impact ◽  
The Relationship

Background: Burnout is a major problem for nursing. There is a strong relationship between work stress and emotional exhaustion. Although studies report a negative correlation between the internal locus of control and emotional exhaustion and work stress, the number of studies available on the subject is limited. Purpose: This study intends to examine the extent to which the relationship between work stress and emotional exhaustion is mediated by nurses’ internal locus of control. Methods: The study adopted a cross-sectional survey design. The data were analyzed using structural equation modeling techniques. The study sample consisted of 347 nurses who worked in a university hospital in Izmir, Turkey and who agreed to participate in the study. The Work-Related Strain Inventory was used to evaluate the nurses’ work stress level, Maslach Burnout Inventory was used to evaluate their emotional exhaustion levels, and the Locus of Control Scale was used to evaluate the internal locus of control. The variables of the study were based on the Neuman Systems Model. Results: Work stress was positively related to internal locus of control (β = .21, p < .001), which was, in turn, negatively associated with emotional exhaustion (β = −.03, p > 0.1). Internal locus of control was negatively related to emotional exhaustion (β = −.14, p < .001). Work stress is directly (β = .87, p < .001) and indirectly related to emotional exhaustion (mediated by internal locus of control β = .84, p < .001). Work stress is directly (β = .87, p < .001) and indirectly related to emotional exhaustion (mediated by internal locus of control, β = .84, p < .001). Conclusion: Although the relationship between emotional exhaustion and work stress was mediated, the impact of internal locus of control was limited. It is recommended that different variables be included in future studies so that they can mediate the relationship between work stress and emotional exhaustion.

Locus of Control and Marital Satisfaction in Long-Term Marriages

1997 ◽  
Vol 78 (6) ◽  
pp. 624-631 ◽  
Author(s):  
Paul L. Camp ◽  
Lawrence H. Ganong
Keyword(s):  
Locus Of Control ◽  
Marital Satisfaction ◽  
Interaction Effect ◽  
Internal Locus ◽  
Internal Locus Of Control ◽  
Family Practitioners ◽  
Control Orientation ◽  
Competing Hypotheses ◽  
The Relationship

The purpose of this study was to examine the relationship between spousal locus-of-control orientation and marital satisfaction. Two competing hypotheses were examined. The similar ity hypothesis states that spouses with similar locus-of-control orientation will be more satisfied with their marriage than will those with dissimilar orientations. The internality hypothesis postulates that couples in which both partners have an internal locus-of-control orientation will be more satisfied than will other couples. The similarity hypothesis was not supported by the results. The data were more consistent with the internality hypothesis, although the interaction effect shows that one's internality is more important than the partner's internal locus of control. Implications of these findings for family practitioners are discussed.

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