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...

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Main Authors: D Sundarasen, Sheela Devi, Rahman, Muhammad Sabbir, Rajagopalan, Usha
Format: Article
Language:English
Published: Canadian Center of Science and Education 2014
Subjects:
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.
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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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