Improving financial capability: the mediating role of financial behaviour

Ekonomska Istraživanja

Tomáš Brabenec¹  Gentjan Çera²  Khurram Ajaz Khan²  Ahmad Mlouk³ 

[1] Faculty of Finance and Accounting, University of Economics;Faculty of Management and Economics, Tomas Bata University;School of Economics, Staffordshire University;

关键词: financial capability;    financial attitude;    financial knowledge;    financial behaviour;    financial inclusion;    transition country;   

DOI  :  10.1080/1331677X.2020.1820362

来源: DOAJ

【 摘 要 】

This paper investigates the collective impact of financial literacy and inclusion on individuals’ financial capability focusing on the mediating role of financial behaviour. The research is conducted on an individual-level survey. The relationships were examined by using PLS-SEM. Financial capability can be improved by increasing individuals’ financial knowledge, financial behaviour and promoting their inclusion in financial services. Furthermore, the indirect effect of financial knowledge and attitude on financial capability is found to be significant, highlighting the importance of financial behaviour. The results assist policymakers and industry leaders in understanding the most influential factors on financial capability in the context of a post-communist transition country. This enables them to design policies and services aimed at equipping citizens with knowledge and skills to make best use of their financial resources.

【 授权许可】

Unknown