Pregled bibliografske jedinice broj: 870173
Investigating the Role of Financial Knowledge, Financial Skills and Behavioral Control in Explaining Individuals’ Successfulness in Managing Personal Finances
Investigating the Role of Financial Knowledge, Financial Skills and Behavioral Control in Explaining Individuals’ Successfulness in Managing Personal Finances // Dubai International Conferences / Ogutveren Ulker, Frydkova Eva, Pomazan Valentina Mihaela (ur.).
Dubai, 2017. str. 244-249 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
CROSBI ID: 870173 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Investigating the Role of Financial Knowledge, Financial Skills and Behavioral Control in Explaining Individuals’ Successfulness in Managing Personal Finances
Autori
Barbić, Dajana
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
Dubai International Conferences
/ Ogutveren Ulker, Frydkova Eva, Pomazan Valentina Mihaela - Dubai, 2017, 244-249
ISBN
978-93-84422-42-4
Skup
International Conference on Education, Humanities and Management
Mjesto i datum
Dubai, Ujedinjeni Arapski Emirati, 13.03.2017. - 15.03.2017
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
Financial Successfulness, Financial Knowledge, Financial Skills, Behavioural Control, Personal Finances, Financial Mistakes, Moderation Analysis, Multiple Regression Analysis
Sažetak
Determining what affects financial successfulness of consumers and identifying the strength and the nature of the relationship between financial knowledge, financial skills and financial behaviour is very important as many individuals are indebted and have experienced serious financial problems. The relevant research indicates that many individuals no matter the level of their financial knowledge and financial skills still make serious financial mistakes and fail to manage their finances successfully.Behavioural economists analysed errors that occur in financial behaviour of individuals and confirmed the significance of psychological factors. The objective of this research is to investigate the transformation of what consumers know about personal finances into how they actually manage them, where behavioural control is also examined as a potential moderator of that relationship. In order to analyze the relationship between the variables, multiple regression and moderation analysis are used. Findings suggest that individuals' financial success depends on all of the examined variables. Furthermore, the moderation effect of behavioural control was partially confirmed.
Izvorni jezik
Engleski
Napomena
Acknowledgment: This work has been fully supported by Croatian Science Foundation under the project STatistical Modelling for REspoNse to Crisis and Economic GrowTH in WeStern Balkan Countries -STRENGTHS project no. IP-2013-9402)
