Digital engagement as a predictor of financial capability, financial advice, and financial satisfaction

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F21%3A63530818" target="_blank" >RIV/70883521:28120/21:63530818 - isvavai.cz</a>

Result on the web

<a href="https://www.sciendo.com/article/10.2478/sbe-2021-0029" target="_blank" >https://www.sciendo.com/article/10.2478/sbe-2021-0029</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/sbe-2021-0029" target="_blank" >10.2478/sbe-2021-0029</a>

Result language

angličtina

Original language name

Digital engagement as a predictor of financial capability, financial advice, and financial satisfaction

Original language description

Abstract in English: This paper investigates direct and indirect impacts of an individual’s digital engagement on their financial satisfaction considering a significant role of an individual’s financial capability and financial advice. The study is administered on the individual level, surveyed the working youth in northern India. PLS-SEM were employed using SMART-PLS version 3 for a confirmatory analysis and structural model assessment. Digital engagement has been established as a vital factor substantially influencing the individual’s financial advice, financial capability and financial satisfaction both directly and indirectly. The outcome of the study strongly favours the role and importance of digital engagement in the individual’s financial satisfaction. What is more, this paper contributes to the current knowledge by clarifying digital engagement as a possible predictor of financial capability, financial advice and financial satisfaction in the context of a low-income, developing country and applies it as a variable with the selected financial constructs. The originality and novelty of the study may be found useful to design effective policies.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Studies in Business and Economics

ISSN

1842-4120

e-ISSN

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Volume of the periodical

16

Issue of the periodical within the volume

2

Country of publishing house

PL - POLAND

Number of pages

15

Pages from-to

127-141

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85117727614