scholarly journals PERBEDAAN TINGKAT LITERASI KEUANGAN PARA WIRAUSAHAWAN DAN KARYAWAN ALUMNI UNIVERSITAS KRISTEN MARANATHA

2020 ◽  
Vol 12 (2) ◽  
pp. 16-26
Author(s):  
Surya Setyawan ◽  
Kartika Imasari Tjiptodjojo
Keyword(s):  
Financial Literacy ◽  
Analytical Methods ◽  
Financial Knowledge ◽  
Unexpected Result ◽  
Online Questionnaire ◽  
Christian University ◽  
Significant Difference ◽  
Literacy Level ◽  
The Difference ◽  
A Company

This research discusses about level of financial literacy of Maranatha Christian University alumni who active running his/her own business as an entrepreneur or active as a staff in a company. It also discuss about the difference level of financial literacy between entrepreneur and staff. There are 47 valid respondents as alumni who are asked about financial knowledge via online questionnaire. The measurement for financial literacy level is using descriptive analytical methods; moreover, the comparison between alumni who is an entrepreneur and working as a staff is using difference tests. The unexpected result shows that entrepreneur’s financial literacy level is lower than staff, but there is no significant difference between two groups.

scholarly journals Some Insights Into Financial Literacy Among Undergraduate Students: A Case of Bosnia and Herzegovina

2021 ◽  
Vol 12 (3) ◽  
pp. 103
Author(s):  
Jasmina Okicic ◽  
Meldina Kokorovic Jukan ◽  
Mensur Heric
Keyword(s):  
Undergraduate Students ◽  
Financial Literacy ◽  
Sampling Technique ◽  
Financial Education ◽  
Financial Knowledge ◽  
Financial Behavior ◽  
Financial Attitudes ◽  
Significant Difference ◽  
Financial Behaviour ◽  
The Relationship

The purpose of this research is to provide some insights into financial literacy among undergraduate students focusing primarily on the relationship between financial knowledge, financial attitudes and financial behavior and on possible gender and financial education gap in financial literacy. Using the purposive sampling technique, data collection was carried out from April to June 2020, yielding a sample of 1,046 valid responses. To gain a better understanding of the relationship between financial behaviour, financial attitudes and financial knowledge, we, primarily, use exploratory factor analysis and multiple regression model. The research findings have revealed several important issues. First, findings have suggested that financial knowledge, financial attitudes and gender may be considered as an antecedent of the financial behaviour of undergraduate students. Second, findings have also suggested a statistically - significant difference between the financial literacy of undergraduate students concerning their exposure to formal financial education.

scholarly journals Pengaruh Financial Literacy, Financial Knowledge, Financial Attitude, Income dan Financial Self Efficacy terhadap Financial Management Behavior Entrepreneur Lulusan Perguruan Tinggi di Surabaya

2021 ◽  
Vol 9 (2) ◽  
pp. 572
Author(s):  
Anglia Dinda Pramedi ◽  
Nadia Asandimitra Haryono
Keyword(s):  
Financial Literacy ◽  
Financial Management ◽  
Self Efficacy ◽  
Structural Equation ◽  
Sampling Technique ◽  
Financial Knowledge ◽  
Primary Data ◽  
Snowball Sampling ◽  
Online Questionnaire ◽  
Management Behavior

Finance is one of the factors in the development of a business. Therefore, the entrepreneur should be able to handle finances well to reach business purposes. Based on the previous studies, the purpose of this research is to determine the effect of several factors such as financial literacy, financial knowledge, financial attitude, income, and financial self-efficacy on financial management behavior. The research sample is 211 entrepreneur who has graduated from college in Surabaya. This research used conclusive causality research with primary data. The sampling technique used purposive sampling and snowball sampling method, and data distribution using an online questionnaire. SEM (Structural Equation Model) used for data analysis technique and using AMOS 24. The hypothesis showed that financial knowledge, income, and financial self-efficacy did not affect financial management behavior, but financial literacy and financial attitude influence financial management behavior. Therefore, the entrepreneur needs to improve financial literacy and financial attitude to manage finance on the business better.

scholarly journals Financial literacy in Italy: Empirical evidence and theoretical proposals

2021 ◽  
Author(s):  
Gian Paolo Stella ◽  
Umberto Filotto ◽  
Enrico Maria Cervellati
Keyword(s):  
Empirical Evidence ◽  
Financial Literacy ◽  
Financial Knowledge ◽  
Necessary Condition ◽  
Financial Instruments ◽  
Knowledge And Skills ◽  
Economic Agents ◽  
Sufficient Degree ◽  
Literacy Level ◽  
Points Of View

The purpose of this book is to analyse financial literacy from theoretical and empirical points of view, with a particular focus on the evidence related to Italy. This work is motivated by the increasing complexity of financial instruments as well as by the evolution of individuals’ needs that result in the need to implement measures to increase individuals’ financial literacy. Since financial literacy level seems to determine an individual’s position in the financial system relative to other economic agents, financial illiteracy or the lack of financial knowledge and skills can lead to lifelong financial hardships (Lusardi & Mitchell, 2011). In this regard, a sufficient degree of financial literacy is a necessary condition for financial welfare (Lusardi & Mitchell, 2011).

scholarly journals Relationship Between Various Determinants and Dimensions of Financial Literacy Among Working Class

2020 ◽  
Vol 11 (5) ◽  
pp. 319
Author(s):  
Khujan Singh ◽  
Poonam Rani ◽  
Chand Kiran
Keyword(s):  
Factor Analysis ◽  
Working Class ◽  
Financial Literacy ◽  
Geographical Area ◽  
Financial Knowledge ◽  
National Capital Region ◽  
Capital Region ◽  
Significant Difference ◽  
National Capital ◽  
Financial Behaviour

The purpose of this empirical research work was to identify the relationship between various determinants of Financial Literacy among the working class of National Capital Region of India. It was a descriptive study based on the survey of 596 working class respondents. The data has been analyzed by factor analysis, correlation and regressions analysis. Based on the factor analysis, three factors have been found of financial knowledge, three factors of financial behaviour and in a similar manner four factors of financial attitude have been extracted. Further, based on the multiple regression models the contribution of financial attitude has been found highest in explaining the financial literacy and it has been followed by financial behaviour and financial knowledge. It means that both financial attitude and financial behaviour are better estimators of financial literacy in comparison to the financial knowledge. Therefore, the policy makers, financial system regulators and governments should do more efforts to improve the level of financial attitude and financial behaviour in comparison to the financial knowledge to improve the level of financial literacy because significant difference has been found in the level of financial attitude and financial behaviour across some of the demographic factors. The increased financial literacy would be helpful in improving the saving and investment behaviour of the public. This improved level of financial literacy of public will save the required level of capital for the capital formation for the targeted economic growth. Consequently, more employment opportunities will increase the social security in the society. Like every study, this study also have certain limitations like the universe of the study was limited to a particular geographical region i.e. National Capital Region of India, along with time and money constraints. In future similar study can be conducted by changing the target population and geographical area with a bigger sample.

scholarly journals EFFECT OF MOTIVATION AND PERCEPTION OF FARMERS’ RESPONSE TO SUGARCANE MANAGEMENT CONSOLIDATION PROGRAM PLAN

Agro Ekonomi ◽  
2020 ◽  
Vol 31 (1) ◽  
Author(s):  
Mohamad Cholidi ◽  
Irham Irham ◽  
Lestari Rahayu Waluyati
Keyword(s):  
Linear Regression ◽  
Sugar Cane ◽  
Analytical Methods ◽  
Behavioral Response ◽  
Behavioral Responses ◽  
Dummy Variables ◽  
Significant Difference ◽  
Program Plan ◽  
The Difference ◽  
Level Of Motivation

This study aimed to analyze (1) the difference levels of motivation, perception and behavioral responses of sugar cane farmers with irrigated land and rainfed land to the cane grower management consolidation plan, and (2) the effect of motivation and perception on farmers' behavioral responses related to the cane grower management consolidation plan. The research location was in the sugar factories of PT Perkebunan Nusantara XI. The samples consisting of sugar cane farmers with irrigated land and rainfed land who were randomly selected, amounting to 242 respondents. Novelty of research, there are object and analytical methods. The difference levels of motivation, perceptions and behavioral responses of farmers with irrigated land and rainfed land were analyzed by independent sample t-test. The influence of perception and motivation on the behavioral response of farmers to the cane grower management consolidation plan was analyzed by multiple linear regression. The results showed that, the level of motivation and perceptions of sugar cane farmers there were differences between farmers with irrigated land and rainfed land. Meanwhile, in terms of the response of farmers, there was no significant difference between irrigated land and rainfed land. The influence of motivation, perception, education, dummy variables of Purwodadi and Pradjekan sugar factories significantly influenced farmers' behavioral responses to the cane grower management consolidation plan. To improve the behavioral response of farmers, it is necessary to provide supervision regarding the management of cane grower and the benefits that farmers will obtain from the program to make farmers interested in understanding the objectives of the program.

scholarly journals DETERMINANTS OF THE LEVEL OF FINANCIAL LITERACY IN TURKEY

2021 ◽  
Vol 10 (1) ◽  
pp. 9-30
Author(s):  
Hatice Düzakın ◽  
Süreyya Yılmaz
Keyword(s):  
Financial Literacy ◽  
Household Income ◽  
Logit Model ◽  
Demographic Variables ◽  
Financial Knowledge ◽  
Explanatory Variables ◽  
Status Number ◽  
Literacy Level ◽  
Financial Behaviour ◽  
And Gender

The main objective of this study was to explain individuals’ financial literacy levels through socioeconomic and demographic variables. A random sample of 1000 participants was recruited from Turkey. As an indicator of the financial literacy level, a measure with three constructs was adopted: financial attitude, financial behaviour and financial knowledge. Logit model was estimated from these explanatory variables: gender, age, marital status, number of family members, education, income, number of persons with income, household income and working conditions. In the logit model results, the effect of gender, age and education was statistically significant and positive. The results emphasized that there is a relationship between financial literacy level and gender, age and education. Additionally, the results of this study indicated that the level of financial literacy is 52.9% in Turkey.

Financial literacy among youth

2018 ◽  
Vol 45 (1) ◽  
pp. 173-186 ◽  
Author(s):  
Neha Garg ◽  
Shveta Singh
Keyword(s):  
Marital Status ◽  
Financial Literacy ◽  
Empirical Studies ◽  
Demographic Factors ◽  
Well Being ◽  
Financial Knowledge ◽  
Content Type ◽  
The World ◽  
Literacy Level ◽  
Financial Behaviour

Purpose The purpose of this paper is to analyse the level of financial literacy among youth in the world based on previous studies. The study, particularly, focus at how socio-economic and demographic factors such as age, gender, marital status and income influence financial literacy level of youth and whether there is any interrelationship between financial knowledge, financial attitude and financial behaviour. Strong endeavour of the world economies to improve the financial well-being of their citizens has contributed to the rising importance of financial literacy as it equips the individuals to take quality financial decisions to enhance their financial well-being. Design/methodology/approach This literature review consists of seven key sections. The first section of this paper reviews the conceptual definitions of youth. Second part summarises the literature on financial literacy. Third, fourth and fifth section summarises the literature on the components of financial literacy, i.e. financial knowledge, financial attitude and financial behaviour, respectively. Sixth section reviews the empirical studies on the influence of socio-economic and demographic factors on financial literacy level. Seventh section summarises the literature on interrelationship between financial knowledge, financial attitude and financial behaviour. Findings The study reveals that the financial literacy level among youth is low across the most part of the world that has become a cause of concern. Also, it has been observed that various socio-economic and demographic factors such as age, gender, income, marital status and educational attainment influence the financial literacy level of youth and there exists an interrelationship between financial knowledge, financial attitude and financial behaviour. Originality/value Youth have to live a longer life ahead, thus, the decisions taken by them are going to affect them for a longer period of time, making it imperative for them to develop an understanding of the world of finance so as to avoid wrong choice of financial products. Thus, financial literacy is of significant relevance. This paper aims to understand the influence of various factors influencing the financial literacy as understanding the factors that contribute to or detract from the acquisition of financial literacy among youth can help in making policy interventions targeted at youth to enhance their financial well-being.

scholarly journals Financial knowledge and 401(k) investment performance: a case study

2015 ◽  
Vol 16 (3) ◽  
pp. 324-347 ◽  
Author(s):  
ROBERT CLARK ◽  
ANNAMARIA LUSARDI ◽  
OLIVIA S. MITCHELL
Keyword(s):  
Financial Literacy ◽  
Sample Selection ◽  
Financial Knowledge ◽  
Literacy Intervention ◽  
Excess Returns ◽  
Investment Performance ◽  
Significant Difference ◽  
Literacy Survey ◽  
Potential Impact

AbstractWe explore whether investors who are more financially knowledgeable earn more on their retirement plan investments compared with their less sophisticated counterparts, using a unique new dataset linking administrative data on investment performance and financial knowledge. Results show that the most financially knowledgeable investors: (a) held 18% points more stock than their least knowledgeable counterparts; (b) could anticipate earning 8 basis points per month more in excess returns; (c) had 40% higher portfolio volatility; and (d) held portfolios with about 38% less idiosyncratic risk, as compared with their least savvy counterparts. Our results are qualitatively similar after controlling on observables as well as modeling sample selection. We also examine portfolio changes to assess the potential impact of the financial literacy intervention. Controlling on other factors, those who elected to take the financial literacy survey boosted their equity allocations by 66 basis points and their monthly expected excess returns rose by 2.3 basis points; no significant difference in volatility or non-systematic risk was detected before versus after the survey. While these findings relate to only one firm, we anticipate that they may spur other efforts to enhance financial knowledge in the workplace.

scholarly journals Financial Learning: Is It The Effective Way to Improve Financial Literacy among Accounting Students?

2018 ◽  
Vol 42 ◽  
pp. 00056
Author(s):  
Nyoman Trisna Herawati
Keyword(s):  
Financial Literacy ◽  
Sampling Method ◽  
Learning Experience ◽  
Accounting Students ◽  
Randomized Sampling ◽  
Literacy Level ◽  
The Difference ◽  
Usable Questionnaire ◽  
Literacy Test

The aims of this study are to determine: the difference of financial literacy level between students who have had experience in financial learning and who have not had experience in financial learning. The data for this study was collected through financial literacy test and questionnaire which was distributed through randomized sampling method. A total of 173 completed and usable questionnaire have been collected. The result shows that the level of financial literacy among accounting students comes under below optimal standard category. Students who have had financial learning experience have a higher level of financial literacy than students who have not. This study provides means to improve financial learning for accounting students in preparation for creating a prosperous future.

Access to diagnostics and treatment of neuroendocrine tumors (NETs): The difference between patient perception and reality.

2019 ◽  
Vol 37 (15_suppl) ◽  
pp. e13524-e13524
Author(s):  
Simone Leyden ◽  
Teodora Kolarova ◽  
Catherine Bouvier ◽  
Martyn E. Caplin ◽  
Siobhan Conroy ◽  
...  
Keyword(s):  
Healthcare Professionals ◽  
Peptide Receptor Radionuclide Therapy ◽  
Patient Survey ◽  
Diagnostic Tools ◽  
Online Questionnaire ◽  
Significant Difference ◽  
Treatment Centre ◽  
Patient Advocates ◽  
The Difference ◽  
Gallium 68

e13524 Background: The aim of this global patient survey was to better understand the needs and expectations of patients with NETs regarding access to diagnostic tools and treatment. Methods: In 2017, an online, questionnaire survey of NET patients/family members, patient advocates and healthcare professionals (HCPs) was conducted. Results: In total, 443 participants from 26 countries responded: 338 patients/families; 35 advocates; 70 HCPs. Following NET diagnosis, many patients use patient association (69%) and HCP (48%) websites to fulfill their informational needs. Patients overestimated the availability of key diagnostic tools and treatments compared to HCPs: Gallium-68-Dotatate PET/CT scan was believed available by 28% of patients vs. 14% of HCPs; fluorodeoxyglucose PET by 77% of patients vs. 64% of HCPs; peptide receptor radionuclide therapy by 58% of patients vs. 23% of HCPs; genetic test/precision medicine by 75% of patients vs. 71% of HCPs; and transplantation by 86% of patients vs. 55% of HCPs. Reasons reported by patients and advocates for unavailability of treatment were: not provided by healthcare system (28% & 67%, respectively); non-referral (19% & 33%, respectively), unable to afford treatment (18% & 57%, respectively); treatment not covered by insurance (17% & 24%, respectively); distance to treatment centre (15% & 48%, respectively). Almost a third (30%) of patients had to travel more than 300 km/186 miles for treatment or consultation with a NET specialist, while 34% of patients did not have access to an MDT and those that did may be in contact with them less than once per year (14%). In contrast, advocates and HCPs believe there is wider availability of MDTs (94% and 70%, respectively). Conclusions: Patients are increasingly well-educated about NETs and often travel considerable distances to obtain specialist treatment. However, there remains considerable disparity in what patients feel is available to them in terms of the latest tools and treatments, compared to what is there in reality. This significant difference in perception needs to be managed delicately by both advocates and healthcare professionals.

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