Publication Type : Journal Article
Publisher : International Journal of Applied Business and Economic Research
Source : International Journal of Applied Business and Economic Research, 2019
Url : https://www.serialsjournals.com/abstract/67272_ch-26_the_effect_of_personal_finance_knowledge.pdf
Campus : Amritapuri
School : School of Business
Year : 2019
Abstract : A person’s capability to manage his personal finance has become important in today’s world.
Majority of the educated young Indians do not use modern financial market instruments. They have
to become more aware about the dynamics of the financial world. The present study is an attempt to
analyze the status of investment behavior with two antecedents namely socio demographic characteristics
and personal finance knowledge. A sample of 325 educated youth was studied to understand the role
of identified antecedents on investment behaviour. To analyse the collected data, descriptive statistics,
independent sample t-test ,one-way analysis of variance (ANOVA) and Pearson’s correlation coefficient
have been used. The study concluded that the investment behaviour is influenced by their sociodemographic characters and the objective of saving and selection investment avenues is observed to
have a negative impact.
Cite this Research Publication : The effect of personal finance knowledge: Determinants and Implications for Investment Behaviour International Journal of Applied Business and Economic ResearchVol.17 No.2 June 2019. ISSN 0972-7302 (UGC Approved)