Antecedents and consequences of household financial management in brazilian lower-middle-class
Through two complementary and exploratory studies – one qualitative and one quantitative – this research aims to understand the ways in which lower-middle-class families in Brazil manage their household finances. The study proposes an integrated framework that brings together various previously dis...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo
2015-01-01
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| Series: | RAE: Revista de Administração de Empresas |
| Subjects: | |
| Online Access: | https://bibliotecadigital.fgv.br/ojs/index.php/rae/article/view/44930 |
| _version_ | 1797710560479936512 |
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| author | Ana Paula S. C. Miotto Juracy Parente |
| author_facet | Ana Paula S. C. Miotto Juracy Parente |
| author_sort | Ana Paula S. C. Miotto |
| collection | DOAJ |
| description |
Through two complementary and exploratory studies – one qualitative and one quantitative – this research aims to understand the ways in which lower-middle-class families in Brazil manage their household finances. The study proposes an integrated framework that brings together various previously disconnected theoretical fragments. Based on a survey with a sample of 165 lower-middle-class female consumers of a retail company in São Paulo, we explored and tested, via a quantitative study, how antecedents such as personal characteristics affect the financial management process, as well as its consequences, either negatively as defaults or positively as savings. The model calibration and analysis were derived from a series of regression analyses. The results revealed the mediator role that financial management plays in the relationship between personal characteristics and defaults and savings. Compared to previous studies with consumers of more affluent countries, we identified peculiar findings among Brazilian lower-middle-class consumers: inadequate attention to control, weak or no focus on short- or long-range planning, widespread absence of budget surplus, and influence of critical events on episodes of default.
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| first_indexed | 2024-03-12T06:53:57Z |
| format | Article |
| id | doaj.art-4613061a489e4df998c02549af9f21b8 |
| institution | Directory Open Access Journal |
| issn | 0034-7590 2178-938X |
| language | English |
| last_indexed | 2024-03-12T06:53:57Z |
| publishDate | 2015-01-01 |
| publisher | Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo |
| record_format | Article |
| series | RAE: Revista de Administração de Empresas |
| spelling | doaj.art-4613061a489e4df998c02549af9f21b82023-09-03T00:07:22ZengFundação Getulio Vargas, Escola de Administração de Empresas de São PauloRAE: Revista de Administração de Empresas0034-75902178-938X2015-01-01551Antecedents and consequences of household financial management in brazilian lower-middle-classAna Paula S. C. MiottoJuracy Parente Through two complementary and exploratory studies – one qualitative and one quantitative – this research aims to understand the ways in which lower-middle-class families in Brazil manage their household finances. The study proposes an integrated framework that brings together various previously disconnected theoretical fragments. Based on a survey with a sample of 165 lower-middle-class female consumers of a retail company in São Paulo, we explored and tested, via a quantitative study, how antecedents such as personal characteristics affect the financial management process, as well as its consequences, either negatively as defaults or positively as savings. The model calibration and analysis were derived from a series of regression analyses. The results revealed the mediator role that financial management plays in the relationship between personal characteristics and defaults and savings. Compared to previous studies with consumers of more affluent countries, we identified peculiar findings among Brazilian lower-middle-class consumers: inadequate attention to control, weak or no focus on short- or long-range planning, widespread absence of budget surplus, and influence of critical events on episodes of default. https://bibliotecadigital.fgv.br/ojs/index.php/rae/article/view/44930Household financial managementmental budgetdefaultsavingsBrazilian lower-middle-class |
| spellingShingle | Ana Paula S. C. Miotto Juracy Parente Antecedents and consequences of household financial management in brazilian lower-middle-class RAE: Revista de Administração de Empresas Household financial management mental budget default savings Brazilian lower-middle-class |
| title | Antecedents and consequences of household financial management in brazilian lower-middle-class |
| title_full | Antecedents and consequences of household financial management in brazilian lower-middle-class |
| title_fullStr | Antecedents and consequences of household financial management in brazilian lower-middle-class |
| title_full_unstemmed | Antecedents and consequences of household financial management in brazilian lower-middle-class |
| title_short | Antecedents and consequences of household financial management in brazilian lower-middle-class |
| title_sort | antecedents and consequences of household financial management in brazilian lower middle class |
| topic | Household financial management mental budget default savings Brazilian lower-middle-class |
| url | https://bibliotecadigital.fgv.br/ojs/index.php/rae/article/view/44930 |
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