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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2021

Kód důvěrnosti údajů

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

Název periodika

Studies in Business and Economics

ISSN

1842-4120

e-ISSN

—

Svazek periodika

16

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

15

Strana od-do

127-141

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85117727614