The effect of financial literacy : investment decisions among university students
Amid the development of financial markets, there is a growing concern that individuals do not possess a corresponding level of literacy to deal with the diversity and complexity of financial products, which is especially prominent among the young adults. Hence, this study is driven to investigate th...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2017
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/72787 |
| _version_ | 1826123657272885248 |
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| author | Ton, My Linh Wong, Hui Qi |
| author2 | Hong Fuhai |
| author_facet | Hong Fuhai Ton, My Linh Wong, Hui Qi |
| author_sort | Ton, My Linh |
| collection | NTU |
| description | Amid the development of financial markets, there is a growing concern that individuals do not possess a corresponding level of literacy to deal with the diversity and complexity of financial products, which is especially prominent among the young adults. Hence, this study is driven to investigate the effect of financial literacy on investment decisions, by inviting 400 students from Nanyang Technological University, Singapore, to participate in a hypothetical investment game. Capitalising on Ordinary Least Square (OLS) regression model, findings connote that students from business faculties exhibit a higher level of financial literacy. As predicted, financial literacy is also underscored to have a momentous effect on individual's investment performance. In addition, the results also demonstrate faculty, gender, and risk attitude as crucial determinants of financial literacy. |
| first_indexed | 2024-10-01T06:08:13Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/72787 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T06:08:13Z |
| publishDate | 2017 |
| record_format | dspace |
| spelling | ntu-10356/727872020-10-15T06:56:31Z The effect of financial literacy : investment decisions among university students Ton, My Linh Wong, Hui Qi Hong Fuhai School of Humanities and Social Sciences DRNTU::Library and information science::Libraries::Finance Amid the development of financial markets, there is a growing concern that individuals do not possess a corresponding level of literacy to deal with the diversity and complexity of financial products, which is especially prominent among the young adults. Hence, this study is driven to investigate the effect of financial literacy on investment decisions, by inviting 400 students from Nanyang Technological University, Singapore, to participate in a hypothetical investment game. Capitalising on Ordinary Least Square (OLS) regression model, findings connote that students from business faculties exhibit a higher level of financial literacy. As predicted, financial literacy is also underscored to have a momentous effect on individual's investment performance. In addition, the results also demonstrate faculty, gender, and risk attitude as crucial determinants of financial literacy. Bachelor of Arts 2017-11-17T09:08:19Z 2017-11-17T09:08:19Z 2017 Final Year Project (FYP) http://hdl.handle.net/10356/72787 en Nanyang Technological University 35 p. application/pdf |
| spellingShingle | DRNTU::Library and information science::Libraries::Finance Ton, My Linh Wong, Hui Qi The effect of financial literacy : investment decisions among university students |
| title | The effect of financial literacy : investment decisions among university students |
| title_full | The effect of financial literacy : investment decisions among university students |
| title_fullStr | The effect of financial literacy : investment decisions among university students |
| title_full_unstemmed | The effect of financial literacy : investment decisions among university students |
| title_short | The effect of financial literacy : investment decisions among university students |
| title_sort | effect of financial literacy investment decisions among university students |
| topic | DRNTU::Library and information science::Libraries::Finance |
| url | http://hdl.handle.net/10356/72787 |
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