This study conceptualises financial literacy practices on family farms as social practices that are contextualised and situated within a particular socio-cultural setting. The theoretical framework brings toget
To address these gaps in the literature and elucidate the raised questions, we propose to establish a robust empirical framework. This framework will enable us to examine how financial literacy influences local households’ entrepreneurial behavior. Figure 1 illustrates our theoretical framework, ...
Using a random and stratified sample of 318 Spanish SMEs, our study contributes in several ways. Firstly, our work advances the theoretical understanding, specifically UET, of how managerial abilities, namely the CEO’s financial literacy, provide firms with better utilisation and allocation of resour...
Besides behaviours, financial literacy also can influence individuals' financial statuses. First, financial literacy significantly contributes to a better financial decision-making process (Evans & Jovanovic,1989; Santos et al.,2022). Specifically, a higher level of financial literacy empowers individuals ...
This section includes a brief introduction to the theoretical framework of financial literacy, before discussing the empirical evidence on financial literacy and household financial behavior. Section 3 describes the survey data and financial literacy levels in the representative sample. In particular, a ...
financial literacyfinancial well-beingmotivationopportunitytheory synthesisThis paper investigates the multidisciplinary theoretical context of financial capability and provides a critical examination of 14 relevant theoretical frameworks. To this end, the paper defines financial capability and develops a new ...
(Fligstein and Goldstein2015). Scholars have revealed three aspects of the factors affecting individual involvement in financial markets. The first aspect focuses on the personal level, and numerous studies have shown that factors such as individual financial literacy (Xia et al.2014; Aren and ...
Financial literacy is crucial for households to make effective financial decisions, which are responsible for their economic well-being, particularly for the marginalized and vulnerable segments of society (Angrisani et al. 2023). Financial illiteracy among women is prominent worldwide. Thus, making wom...
Understanding the role of financial literacy, entrepreneurial literacy, and digital economic literacy on entrepreneurial creativity and MSMEs success: a knowledge-based view perspective Muhammad Hasan, Miftahul Jannah, Tuti Supatminingsih, Muhammad Ihsan Said Ahmad, Masnawaty Sangkala, Marhawati Na...
Financial literacy has recently been garnering widespread attention, as it is acknowledged to be of great importance to consumer welfare since retail investors have increasingly exposed themselves to more complex financial markets. In their proposed theoretical framework for financial literacy, Lusardi and...