A conceptual framework for wealth maximization: literacy and planning embedded model
The aim of this paper is to develop a conceptual framework for wealth maximization. The paper defines and presents conclusive issues pertaining to financial literacy, financial planning and wealth maximization and expect to paradigm a conceptual framework for a prospective investigation. The research...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Canadian Center of Science and Education
2014
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Online Access: | http://irep.iium.edu.my/36964/1/Wealth_maximization.pdf |
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author | D Sundarasen, Sheela Devi Rahman, Muhammad Sabbir Rajagopalan, Usha |
author_facet | D Sundarasen, Sheela Devi Rahman, Muhammad Sabbir Rajagopalan, Usha |
author_sort | D Sundarasen, Sheela Devi |
collection | IIUM |
description | The aim of this paper is to develop a conceptual framework for wealth maximization. The paper defines and presents conclusive issues pertaining to financial literacy, financial planning and wealth maximization and expect to paradigm a conceptual framework for a prospective investigation. The research attempts to ascertain the significance of demography, perception towards money and parental role on financial literacy, financial planning and wealth maximization. Further research is obligatory to validate empirically the framework through systematic investigations and to assess its viability as a wealth maximization model. It is envisioned that the creation of awareness and transfer of financial literacy and planning to individuals will liberate the government to delve on macro level issues for economic prosperity. The theme is original and positions itself as the beginning stream of financial literacy and planning research, ultimately crafting foundational contribution to wealth maximization. |
first_indexed | 2024-03-05T23:26:55Z |
format | Article |
id | oai:generic.eprints.org:36964 |
institution | International Islamic University Malaysia |
language | English |
last_indexed | 2024-03-05T23:26:55Z |
publishDate | 2014 |
publisher | Canadian Center of Science and Education |
record_format | dspace |
spelling | oai:generic.eprints.org:369642016-02-13T05:38:19Z http://irep.iium.edu.my/36964/ A conceptual framework for wealth maximization: literacy and planning embedded model D Sundarasen, Sheela Devi Rahman, Muhammad Sabbir Rajagopalan, Usha HF Commerce HG Finance HG4001 Financial management. Business finance. Corporation finance. The aim of this paper is to develop a conceptual framework for wealth maximization. The paper defines and presents conclusive issues pertaining to financial literacy, financial planning and wealth maximization and expect to paradigm a conceptual framework for a prospective investigation. The research attempts to ascertain the significance of demography, perception towards money and parental role on financial literacy, financial planning and wealth maximization. Further research is obligatory to validate empirically the framework through systematic investigations and to assess its viability as a wealth maximization model. It is envisioned that the creation of awareness and transfer of financial literacy and planning to individuals will liberate the government to delve on macro level issues for economic prosperity. The theme is original and positions itself as the beginning stream of financial literacy and planning research, ultimately crafting foundational contribution to wealth maximization. Canadian Center of Science and Education 2014 Article PeerReviewed application/pdf en http://irep.iium.edu.my/36964/1/Wealth_maximization.pdf D Sundarasen, Sheela Devi and Rahman, Muhammad Sabbir and Rajagopalan, Usha (2014) A conceptual framework for wealth maximization: literacy and planning embedded model. International Business Research, 7 (6). pp. 186-191. ISSN 1913-9004 7nhttp://dx.doi.org/10.5539/ibr.v7nhttp://dx.doi.org/10.5539/ibr.v7nhttp://dx.doi.org/10.5539/ibr.v7nhttp://dx.doi.org/10.5539/ibr.v7nhttp://dx.doi.org/10.5539/ibr.v7nhttp://dx.doi.org/10.5539/ibr.v7nhttp://dx.doi.org/10.5539/ibr.v7nhttp://dx.doi.org/10.5 10.5539/ibr.v7n6p186 |
spellingShingle | HF Commerce HG Finance HG4001 Financial management. Business finance. Corporation finance. D Sundarasen, Sheela Devi Rahman, Muhammad Sabbir Rajagopalan, Usha A conceptual framework for wealth maximization: literacy and planning embedded model |
title | A conceptual framework for wealth maximization: literacy and planning embedded model |
title_full | A conceptual framework for wealth maximization: literacy and planning embedded model |
title_fullStr | A conceptual framework for wealth maximization: literacy and planning embedded model |
title_full_unstemmed | A conceptual framework for wealth maximization: literacy and planning embedded model |
title_short | A conceptual framework for wealth maximization: literacy and planning embedded model |
title_sort | conceptual framework for wealth maximization literacy and planning embedded model |
topic | HF Commerce HG Finance HG4001 Financial management. Business finance. Corporation finance. |
url | http://irep.iium.edu.my/36964/1/Wealth_maximization.pdf |
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