Financial literacy, behavior and vulnerability among Malaysian households: does gender matter?
This study aims to identify the factors determining financial vulnerability among Malaysia households. A questionnaire-based survey was conducted using multi-stage sampling technique. In total, 578 useable responses were collected and data were analyzed using partial least square structural equation...
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universiti Putra Malaysia
2021
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/97338/3/6.%20Financial%20Literacy%2C%20Behavior%20and%20Vulnerability%20Among%20Malaysian%20Households.pdf |
| _version_ | 1796983382425468928 |
|---|---|
| author | Sabri, Mohamad Fazli Cheng, Eugene Xi Aw Abdul Rahim @ Abdul Wahab, Husniyah Burhan, Nik Ahmad Sufian Othman, Mohd Amim Simanjuntak, Megawati |
| author_facet | Sabri, Mohamad Fazli Cheng, Eugene Xi Aw Abdul Rahim @ Abdul Wahab, Husniyah Burhan, Nik Ahmad Sufian Othman, Mohd Amim Simanjuntak, Megawati |
| author_sort | Sabri, Mohamad Fazli |
| collection | UPM |
| description | This study aims to identify the factors determining financial vulnerability among Malaysia households. A questionnaire-based survey was conducted using multi-stage sampling technique. In total, 578 useable responses were collected and data were analyzed using partial least square structural equation modeling. The empirical results revealed that i) financial literacy positively influenced financial behavior, ii) financial behavior negatively
influenced financial vulnerability, iii) financial behavior mediates the relationship between financial literacy and financial vulnerability, iv) gender moderates the relationship between financial behavior and financial vulnerability. This study enriches the theoretical
foundations of financial vulnerability through the exploration of mediation and moderation mechanism. Implications and future research suggestions are discussed. |
| first_indexed | 2024-03-06T11:05:44Z |
| format | Article |
| id | upm.eprints-97338 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T11:05:44Z |
| publishDate | 2021 |
| publisher | Universiti Putra Malaysia |
| record_format | dspace |
| spelling | upm.eprints-973382022-09-12T02:11:15Z http://psasir.upm.edu.my/id/eprint/97338/ Financial literacy, behavior and vulnerability among Malaysian households: does gender matter? Sabri, Mohamad Fazli Cheng, Eugene Xi Aw Abdul Rahim @ Abdul Wahab, Husniyah Burhan, Nik Ahmad Sufian Othman, Mohd Amim Simanjuntak, Megawati This study aims to identify the factors determining financial vulnerability among Malaysia households. A questionnaire-based survey was conducted using multi-stage sampling technique. In total, 578 useable responses were collected and data were analyzed using partial least square structural equation modeling. The empirical results revealed that i) financial literacy positively influenced financial behavior, ii) financial behavior negatively influenced financial vulnerability, iii) financial behavior mediates the relationship between financial literacy and financial vulnerability, iv) gender moderates the relationship between financial behavior and financial vulnerability. This study enriches the theoretical foundations of financial vulnerability through the exploration of mediation and moderation mechanism. Implications and future research suggestions are discussed. Universiti Putra Malaysia 2021 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/97338/3/6.%20Financial%20Literacy%2C%20Behavior%20and%20Vulnerability%20Among%20Malaysian%20Households.pdf Sabri, Mohamad Fazli and Cheng, Eugene Xi Aw and Abdul Rahim @ Abdul Wahab, Husniyah and Burhan, Nik Ahmad Sufian and Othman, Mohd Amim and Simanjuntak, Megawati (2021) Financial literacy, behavior and vulnerability among Malaysian households: does gender matter? International Journal of Economics and Management, 15 (2). 241 - 256. ISSN 2393-9125 http://www.ijem.upm.edu.my/vol15no2/6.%20Financial%20Literacy,%20Behavior%20and%20Vulnerability%20Among%20Malaysian%20Households.pdf |
| spellingShingle | Sabri, Mohamad Fazli Cheng, Eugene Xi Aw Abdul Rahim @ Abdul Wahab, Husniyah Burhan, Nik Ahmad Sufian Othman, Mohd Amim Simanjuntak, Megawati Financial literacy, behavior and vulnerability among Malaysian households: does gender matter? |
| title | Financial literacy, behavior and vulnerability among Malaysian
households: does gender matter? |
| title_full | Financial literacy, behavior and vulnerability among Malaysian
households: does gender matter? |
| title_fullStr | Financial literacy, behavior and vulnerability among Malaysian
households: does gender matter? |
| title_full_unstemmed | Financial literacy, behavior and vulnerability among Malaysian
households: does gender matter? |
| title_short | Financial literacy, behavior and vulnerability among Malaysian
households: does gender matter? |
| title_sort | financial literacy behavior and vulnerability among malaysian households does gender matter |
| url | http://psasir.upm.edu.my/id/eprint/97338/3/6.%20Financial%20Literacy%2C%20Behavior%20and%20Vulnerability%20Among%20Malaysian%20Households.pdf |
| work_keys_str_mv | AT sabrimohamadfazli financialliteracybehaviorandvulnerabilityamongmalaysianhouseholdsdoesgendermatter AT chengeugenexiaw financialliteracybehaviorandvulnerabilityamongmalaysianhouseholdsdoesgendermatter AT abdulrahimabdulwahabhusniyah financialliteracybehaviorandvulnerabilityamongmalaysianhouseholdsdoesgendermatter AT burhannikahmadsufian financialliteracybehaviorandvulnerabilityamongmalaysianhouseholdsdoesgendermatter AT othmanmohdamim financialliteracybehaviorandvulnerabilityamongmalaysianhouseholdsdoesgendermatter AT simanjuntakmegawati financialliteracybehaviorandvulnerabilityamongmalaysianhouseholdsdoesgendermatter |