scholarly journals Personality, Attitude and Behavioural Components of Financial Literacy: A Comparative Analysis

2017 ◽  
Vol 9 (2) ◽  
pp. 46
Author(s):  
Erzsébet Németh ◽  
Boglárka Zsótér
Keyword(s):  
Comparative Analysis ◽  
Financial Crisis ◽  
Research Methodology ◽  
Financial Literacy ◽  
Social Group ◽  
Personality Types ◽  
The Other ◽  
Psychological Vulnerability ◽  
Group Sharing ◽  
Research Show

Since the financial crisis in 2008 the investigation of financial literacy–especially its components (personality, attitudes, behaviour etc.) - is in the limelight. Modern economics have recognized that in order to effectively forecast financial and economic processes it is primordial to understand the attitudes of the members of society toward finances, as well as the characteristics of various social group sharing the same views and behaviours. In 2015 two relevant pieces of research were conducted in this topic in Hungary. One focuses on the financial personality types, while the other investigates Hungarians’ financial culture in general based on the research methodology of the OECD. Based on these two databases our comparative study highlights the main characteristics of financial personality types. The three clusters based on the OECD research cover the nine personality types from the results of the other Hungarian research. Our findings show that the cluster of “anxious unsatisfied” encapsulates the “economizers with little money”, the “price sensitive” and the “collector” personality types. Furthermore, the “satisfied conscious” covers the “order creates value”, the “diligent” and the “planner” personality types. Finally, the “moderately anxious unconsidered” involves the “ups and downs”, the “money-devouring” and the “cannot control finances” personality types. The clusters identified during the research show idiosyncratic financial and psychological vulnerability and/or protection.

scholarly journals Personality, Attitude and Behavioural Components of Financial Literacy: A Comparative Analysis

2017 ◽  
Vol 9 (2(J)) ◽  
pp. 46-57
Author(s):  
Erzsabet Enemeth ◽  
Boglarka Zsoter
Keyword(s):  
Comparative Analysis ◽  
Financial Crisis ◽  
Research Methodology ◽  
Financial Literacy ◽  
Social Group ◽  
Personality Types ◽  
The Other ◽  
Psychological Vulnerability ◽  
Group Sharing ◽  
Research Show

Since the financial crisis in 2008 the investigation of financial literacy–especially its components (personality, attitudes, behaviour etc.) - is in the limelight. Modern economics have recognized that in order to effectively forecast financial and economic processes it is primordial to understand the attitudes of the members of society toward finances, as well as the characteristics of various social group sharing the same views and behaviours. In 2015 two relevant pieces of research were conducted in this topic in Hungary. One focuses on the financial personality types, while the other investigates Hungarians’ financial culture in general based on the research methodology of the OECD. Based on these two databases our comparative study highlights the main characteristics of financial personality types. The three clusters based on the OECD research cover the nine personality types from the results of the other Hungarian research. Our findings show that the cluster of “anxious unsatisfied” encapsulates the “economizers with little money”, the “price sensitive” and the “collector” personality types. Furthermore, the “satisfied conscious” covers the “order creates value”, the “diligent” and the “planner” personality types. Finally, the “moderately anxious unconsidered” involves the “ups and downs”, the “money-devouring” and the “cannot control finances” personality types. The clusters identified during the research show idiosyncratic financial and psychological vulnerability and/or protection.

scholarly journals Testing the Resilience of CSR Stocks during the COVID-19 Crisis: A Transcontinental Analysis

Mathematics ◽  
2021 ◽  
Vol 9 (5) ◽  
pp. 514
Author(s):  
María del Carmen Valls Martínez ◽  
Pedro Antonio Martín Cervantes
Keyword(s):  
Comparative Analysis ◽  
Financial Markets ◽  
The Other ◽  
Financial Assets ◽  
Global Impact ◽  
Stock Indices ◽  
Corporate Social ◽  
Financial Indices ◽  
The Impact ◽  
Research Show

Investors and practitioners are increasingly concerned with financial assets within the scope of corporate social responsibility (CSR) meaning that, in recent times, such assets have become enshrined in the preferences of the new generations of investors and consumers. Just when the interest of investors was at its highest, SARS-CoV-2 (COVID-19) affected all international financial markets, so that, at first sight, it might seem that the financial assets assigned to CSR should have suffered collapses that were identical to the rest; however, our work shows the opposite, providing a comparative analysis of how the pandemic has affected the financial markets of each continent to demonstrate its outstanding resilience through the use of the Wavelets methodology. We analyzed the global impact of the registered cases of COVID-19 on the Dow Jones Sustainability World Index (DJSWI), the world’s leading indicator of sustainable companies, in addition to six other financial indices selected from each continent. The empirical results of this research show that the worldwide repercussions of the sudden outbreak of SARS-CoV-2 has had a substantially smaller effect on sustainability-related indices compared to the other considered indices. Similarly, the methodology employed allowed the establishment of a chronogram with details of the dating of COVID-19 expansion through the considered countries, a certain gradation in terms of the impact of the pandemic on these stock indices, and certain common guidelines describing their devastating effects on each of the financial markets represented by the indices in this research.

A comparative analysis of financial awareness of the Northwestern Federal District population

2020 ◽  
Vol 18 (3) ◽  
pp. 474-491
Author(s):  
G.V. Belekhova
Keyword(s):  
Comparative Analysis ◽  
Financial Literacy ◽  
Federal District ◽  
Population Based ◽  
District Population ◽  
The Family ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Financial Awareness ◽  
Competence System

Subject This article deals with the issues of determining the level of financial literacy, identifying problems, and comparing the financial literacy rates of the population of different areas. Objectives The article aims to identify territorial differences in the overall level of financial literacy of the population of the Northwestern Federal District regions and study the prevalence of problems related to the family budget, using financial products, and risk. Methods For the study, we used a sociological survey and an original methodology for indexing the level of financial literacy of the population based on the methodology of the Organization for Economic Cooperation and Development, taking into account the adults' financial competence system proposed by the Ministry of Finance of the Russian Federation. Results The article determines the level of financial literacy of the Northwestern Federal District population and identifies similar problems for the District's regions. Conclusions A comparative analysis of the components of financial literacy of the four regions reveals the strengths and weaknesses of each of them. This will help adjust financial literacy programmes being implemented in some regions and developed in others.

After the 2008 Financial Crash

2017 ◽  
Author(s):  
Christopher Hood ◽  
Rozana Himaz
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
The Other ◽  
Political Debate ◽  
Deficit Reduction ◽  
The Eu

This chapter describes the long 2010–15 fiscal squeeze under the first Conservative–Liberal coalition since the early 1920s, in the aftermath of the 2008 global financial crisis and with debt and deficit at levels not seen for four decades or more. It included sharp political debate over timing, depth, and tax/spending balance of fiscal squeeze, with most of the coalition squeeze based on its Labour predecessor’s plans, and the deficit reduction outcome roughly the same as those Labour plans, principally because of shortfall on the revenue side. This episode was marked by a repeat of ‘bear trap’ tactics by the incumbents, and the post-squeeze 2015 election rewarded one party in the coalition, while the other party was heavily punished and so was the Labour Opposition. How far the victory of ‘Vote Leave’ (Brexit) in the 2016 referendum on UK membership of the EU can be attributed to fiscal squeeze is debatable.

scholarly journals Retirement Preparedness: How Important Is Being Financially Literate?

2020 ◽  
Vol 4 (Supplement_1) ◽  
pp. 445-445
Author(s):  
Mengya Wang ◽  
Suzanne Bartholomae
Keyword(s):  
Financial Literacy ◽  
Retirement Planning ◽  
The Other ◽  
Financial Security ◽  
Lower Odds ◽  
Highly Educated ◽  
Retirement Preparedness ◽  
The Us ◽  
Risk Takers ◽  
Policies And Programs

Abstract Financial security in retirement is a major concern for many Americans. Numerous studies document that Americans are not prepared for retirement, with financial illiteracy cited as one reason Americans fail to plan. Employing data from the 2018 National Financial Capability Study (N=27,091), this study investigates actual financial literacy (AFL) and perceived financial literacy (PFL) and how combinations of this measure influences retirement planning, and varies based on years from retirement. This study found relatively low financial literacy and retirement preparedness levels among the US sample, even for those pre-retirees ages 55 to 64. Individually, PFL and AFL increased as one approached retirement. When combined, adults nearing retirement (55 to 64) comprised the greatest proportion of the high AFL and high PFL (29.9%) group compared to adults 20 years or more from retirement (18-44) who largely made up the low AFL and PFL (48%) group. Based on a logistic regression, adults closest to retirement (ages 55 to 64) are more likely to be planning compared to the other groups, as are adults who were financially confident, risk takers, highly educated, males, and white. Compared to adults with high AFL and high PFL, adults with low AFL and low PFL, or a combination (low PFL and high AFL, high PFL and low AFL) have lower odds of preparing for retirement. Both PFL and AFL influences retirement planning, and PFL may be as important as AFL. Our highlight the importance of policies and programs to support Americans with retirement planning.

Balancing Agency with Structure: Institutional Entrepreneurship as an Embedded Discovery Process

2021 ◽  
pp. 239395752110106
Author(s):  
Desmond Ng
Keyword(s):  
Social Group ◽  
The Other ◽  
Discovery Process ◽  
Institutional Entrepreneurship ◽  
Dual Structure ◽  
Entrepreneurship Research ◽  
Social Settings ◽  
Institutional Researchers

While mainstream research has treated entrepreneurship as a highly individualised and agentic process, institutional researchers contend that entrepreneurship operates within a greater embedded setting. Various researchers have appealed to Giddens’ dual structure to explain an entrepreneur’s embedded-agency. According to Giddens’ dual structure, this embedded-agency consists of the rules or norms of a social group in which these rules constrain and enable an entrepreneur’s resources. Yet, despite Giddens’ contributions, Giddens is criticised for conflating the rules of this embedded setting with an entrepreneur’s resources in which neither affects the other in any significant way. By drawing on concepts of the Austrian entrepreneur and embeddedness, a theory of institutional entrepreneurship is developed to address this conflation problem. This institutional entrepreneurship offers an embedded-agency to explain how an entrepreneur can create, maintain and disrupt their embedded social settings. This embedded-agency addresses Giddens’ conflation problem and broadens the agent-centric focus of institutional entrepreneurship research.

scholarly journals Representing the victorious past: Chinese revolutionary TV drama between propaganda and marketization

2021 ◽  
pp. 016344372110227
Author(s):  
Yingzi Wang ◽  
Thoralf Klein
Keyword(s):  
Comparative Analysis ◽  
The Other ◽  
Market Reforms ◽  
Fictional Characters ◽  
Production Environment ◽  
Cultural Transformations ◽  
The One ◽  
Political Economic ◽  
Revolutionary History ◽  
Over Time

This paper examines the changes and continuities in TV representations of Chinese Communist Party’s revolutionary history and interprets them within the broader context of China’s political, economic and cultural transformations since the 1990s. Drawing on a comparative analysis of three state-sponsored TV dramas produced between the late 1990s and mid-2010s, it traces how the state-sanctioned revolutionary narratives have changed over time in response to the Party’s propaganda imperatives on the one hand, and to the market-oriented production environment on the other. The paper argues that while recent TV productions in the new century have made increasing concessions to audience taste by adopting visually stimulating depictions and introducing fictional characters as points of identification for the audience, the revolutionary narratives were still aligned with the Party’s propaganda agenda at different times. This shows the ongoing competition between ideological and commercial interests in Chinese TV production during the era of market reforms.

scholarly journals Comparative analysis and phylogenetic investigation of Hong Kong Ilex chloroplast genomes

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Bobby Lim-Ho Kong ◽  
Hyun-Seung Park ◽  
Tai-Wai David Lau ◽  
Zhixiu Lin ◽  
Tae-Jin Yang ◽  
...  
Keyword(s):  
Hong Kong ◽  
Comparative Analysis ◽  
Phylogenetic Relationships ◽  
Species Level ◽  
The Other ◽  
Trna Genes ◽  
Protein Coding ◽  
Chloroplast Genomes ◽  
Plant Group ◽  
Ilex Rotunda

AbstractIlex is a monogeneric plant group (containing approximately 600 species) in the Aquifoliaceae family and one of the most commonly used medicinal herbs. However, its taxonomy and phylogenetic relationships at the species level are debatable. Herein, we obtained the complete chloroplast genomes of all 19 Ilex types that are native to Hong Kong. The genomes are conserved in structure, gene content and arrangement. The chloroplast genomes range in size from 157,119 bp in Ilex graciliflora to 158,020 bp in Ilex kwangtungensis. All these genomes contain 125 genes, of which 88 are protein-coding and 37 are tRNA genes. Four highly varied sequences (rps16-trnQ, rpl32-trnL, ndhD-psaC and ycf1) were found. The number of repeats in the Ilex genomes is mostly conserved, but the number of repeating motifs varies. The phylogenetic relationship among the 19 Ilex genomes, together with eight other available genomes in other studies, was investigated. Most of the species could be correctly assigned to the section or even series level, consistent with previous taxonomy, except Ilex rotunda var. microcarpa, Ilex asprella var. tapuensis and Ilex chapaensis. These species were reclassified; I. rotunda was placed in the section Micrococca, while the other two were grouped with the section Pseudoaquifolium. These studies provide a better understanding of Ilex phylogeny and refine its classification.

A Corpora-Based Analysis of Rely on and Depend on

2021 ◽  
Vol 3 (1) ◽  
pp. 9-21
Author(s):  
Namkil Kang
Keyword(s):  
Comparative Analysis ◽  
American English ◽  
The Other ◽  
Information State ◽  
Other Hand ◽  
British National Corpus ◽  
National Corpus

The ultimate goal of this paper is to provide a comparative analysis of rely on and depend on in the Corpus of Contemporary American English and the British National Corpus. The COCA clearly shows that the expression rely on government is the most preferred by Americans, followed by rely on people, and rely on data. The COCA further indicates that the expression depend on slate is the most preferred by Americans, followed by depend on government, and depend on people. The BNC shows, on the other hand, that the expression rely on others is the most preferred by the British, followed by rely on people, and rely on friends. The BNC further indicates that depend on factors and depend on others are the most preferred by the British, followed by depend on age, and depend on food. Finally, in the COCA, the nouns government, luck, welfare, people, information, state, fossil, water, family, oil, food, and things are linked to both rely on and depend on, but many nouns are not still linked to both of them. On the other hand, in the BNC, only the nouns state, chance, government, and others are linked to both rely on and depend on, but many nouns are not still linked to both rely on and depend on. It can thus be inferred from this that rely on is slightly different from depend on in its use.

Ontogenetic instars of Melanozetes paramollicomus sp. nov., with remarks on morphological ontogeny of Sphaerozetinae (Acari: Oribatida: Ceratozetidae)

Zootaxa ◽  
2021 ◽  
Vol 5086 (1) ◽  
pp. 69-89
Author(s):  
BADAMDORJ BAYARTOGTOKH ◽  
SERGEY G. ERMILOV ◽  
UMUKUSUM YA. SHTANCHAEVA ◽  
LUIS S. SUBÍAS
Keyword(s):  
Comparative Analysis ◽  
Oribatid Mite ◽  
The Other

Although the juvenile instars of oribatid mite subfamily Sphaerozetinae is well known compared to the other subfamilies of Ceratozetidae (Ceratozetinae and Trichoribatinae), information on morphological ontogeny of some species is still incomplete. Herein, Melanozetes paramollicomus sp. nov. is proposed from Ethiopia, based on adult and juvenile instars. Additionally, comparative analysis of ontogenetic instars of species belonging various genera of Sphaerozetinae with known juveniles, is given, and the major characteristics of juvenile instars of 20 species are presented.  

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