Entrepreneurship Motivation among Accounting Students: The Role of Financial Literacy and Financial Behaviour

PurposeThe study attempts to understand the factors impacting the financial wellbeing of IT employees in India using confirmatory factor analysis (CFA). It utilizes well-established survey instruments to assess the impact of financial literacy, financial behaviour and financial stress on financial wellbeing. The study also attempts to understand the role of demographic factors (age, gender, monthly income, job category and work experience) in determining financial wellbeing through multigroup analysis.Design/methodology/approachStructured equation modelling (SEM) is used to study the link between the determinants. The study also attempts to understand the role of demographic factors (age, gender, monthly income, job category and work experience) in determining financial wellbeing through multigroup analysis. Data used for the analysis covers 237 employees working in the IT sector.FindingsWhile financial literacy and financial behaviour have a significant positive impact on financial wellbeing, financial stress has a significant negative impact. Financial behaviour and financial stress were found to have a mediating role in the relationship between financial literacy and financial wellbeing. The demographic variables significantly moderate the relationship between the factors leading to financial wellbeing.Originality/valueThe results show the need for financial wellbeing programs to focus on enhancing financial knowledge and improving financial planning. Further, it suggests offering customized financial wellbeing programs based on the employee's demographic characteristics rather than following a “one program, fits all” approach.

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The Role of Marketing Tools in the Improvement of Consumers Financial Literacy

Economics and Business ◽

10.1515/eb-2015-0006 ◽

2015 ◽

Vol 27 (1) ◽

pp. 40-45 ◽

Cited By ~ 1

Author(s):

Sergejs Paramonovs ◽

Ksenija Ijevleva

Keyword(s):

Empirical Analysis ◽

Web Sites ◽

Financial Literacy ◽

School Curriculum ◽

Target Audience ◽

Financial Knowledge ◽

Marketing Communication ◽

Different Types ◽

Financial Behaviour

Abstract The aim of the paper is to explore the contribution of different types of marketing communication in consumer financial literacy formation from a three component perspective. As a method a survey among the target audience of home loans was used. The authors have focused on consumer financial knowledge, financial behaviour and financial attitude that constitute financial literacy in home loan market. As a result of empirical analysis the authors have found that the biggest contribution to formation of consumers financial literacy (within all three components) have educational web sites of government authorities, official web sites of banks, consultations with bank specialists, school curriculum subjects and opinions of friends, relatives and acquaintances.

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Gender Differences in Financial Literacy and Financial Behaviour Among Young Adults: The Role of Parents and Information Seeking

Journal of Family and Economic Issues ◽

10.1007/s10834-020-09674-z ◽

2020 ◽

Vol 41 (4) ◽

pp. 672-690

Author(s):

Saeed Pahlevan Sharif ◽

Ashraf Sadat Ahadzadeh ◽

Jason James Turner

Keyword(s):

Gender Differences ◽

Young Adults ◽

Financial Literacy ◽

Information Seeking ◽

Financial Behaviour ◽

Role Of Parents

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Role of Commercial Banks in Financial Literacy

PRODUCTIVITY ◽

10.32381/prod.2018.59.02.9 ◽

2018 ◽

Vol 59 (2) ◽

pp. 186-197

Author(s):

M. SELVAKUMAR ◽

◽

P. ANBUCHEZHIENKAMARAJ ◽

V. Sathyalakshmi ◽

R. Mohammed Abubakkar Siddique ◽

...

Keyword(s):

Financial Literacy ◽

Commercial Banks

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Formation of financial literacy in training of informatics teachers on the basis of the 1С:Enterprise system

Informatics and Education ◽

10.32517/0234-0453-2020-35-1-11-18 ◽

2020 ◽

Vol 1 (1) ◽

pp. 11-18

Author(s):

M. A. Rodionov ◽

I. V. Akimova

Keyword(s):

Financial Literacy ◽

Basic Knowledge ◽

State University ◽

Science And Literature ◽

Successful Development ◽

Mathematics History ◽

School Subjects ◽

Personal Finances ◽

The Right

In the submitted study the problem of the formation of financial literacy of students at informatics lessons and relevant training of future informatics teachers is considered. Financial literacy is understood as a set of basic knowledge in the field of finance, banking, insurance, as well as budgeting for personal finances that allow a person to choose the right financial product or service, soberly assess and take risks that may arise during the use of these products, correctly accumulate savings and identify doubtful (fraudulent) investment schemes. The authors conclude that successful development of meaningful lines of the course of financial literacy requires integration of a few school subjects, such as mathematics, history, informatics, social science and literature. The role of modern informatics teacher in the formation of financial literacy of students is great. Therefore, in the training of a future informatics teacher, it should be paid the attention to issues related to the study of elements of financial literacy in informatics lessons. In order to solve the problem, the authors propose to use the special course “Basics of work in 1С:Enterprise”, which is implemented at Penza State University. The article contains a program of the course and the methodological recommendations for its implementation.

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Auditing the Systems Understanding Aid Project: An Integrative Assignment for Accounting Students

AIS Educator Journal ◽

10.3194/1935-8156-7.1.27 ◽

2012 ◽

Vol 7 (1) ◽

pp. 27-51 ◽

Cited By ~ 3

Author(s):

Susan L. Swanger ◽

Beth H. Jones

Keyword(s):

Active Learning ◽

Teaching Methods ◽

Work Environments ◽

Accounting Students ◽

External Work ◽

Learning Tasks ◽

Independent Auditors ◽

Course Integration

ABSTRACT Accounting educators strive to prepare graduates for work in their chosen field. Various teaching methods can be employed to best accomplish this goal. One valuable tool is the use of active learning tasks that simulate external work environments. This paper describes the collaboration between an AIS and an Auditing professor who used an integrative task that spanned their two classes over two semesters. The authors had their AIS students complete Arens and Ward's Systems Understanding Aid (SUA) project (Arens & Ward, 2008). The following semester, students in the auditing class audited the records and financials that had been generated by students the previous semester. The project was designed to facilitate course integration and teamwork by having groups of students play the role of corporate accountants, then act as independent auditors.

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