A conceptual model of financial well-being for south african investors
The satisfaction an individual experience with his or her financial position refers to financial well-being. Financial well-being can also be related to financial distress as its subjective indicator. The level of financial well-being may influence the financial decisions of investors and may vary a...
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Taylor & Francis Group
2019
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oai:doaj.org-article:f6395f8c5b474062a31dba4a54e297902021-12-02T18:31:21ZA conceptual model of financial well-being for south african investors2331-197510.1080/23311975.2019.1676612https://doaj.org/article/f6395f8c5b474062a31dba4a54e297902019-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2019.1676612https://doaj.org/toc/2331-1975The satisfaction an individual experience with his or her financial position refers to financial well-being. Financial well-being can also be related to financial distress as its subjective indicator. The level of financial well-being may influence the financial decisions of investors and may vary according to their demographics. The aim of this study is to determine the level of financial well-being of investors and whether demographic variables play an influential role in investment decisions. The results from the study indicated that a significant difference exists between the financial well-being of male and female investors. Male investors were more likely to have an average or high financial well-being compared with female investors. A significant difference was also found between the financial well-being among different age categories. Older investors were more likely to have a low financial well-being compared to investors between the ages of 16 to 24.Zandri Dickason-KoekemoerSuné FerreiraTaylor & Francis Grouparticledemographicsfinancial well-beingsouth africainvestorsBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 6, Iss 1 (2019) |
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demographics financial well-being south africa investors Business HF5001-6182 Management. Industrial management HD28-70 |
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demographics financial well-being south africa investors Business HF5001-6182 Management. Industrial management HD28-70 Zandri Dickason-Koekemoer Suné Ferreira A conceptual model of financial well-being for south african investors |
description |
The satisfaction an individual experience with his or her financial position refers to financial well-being. Financial well-being can also be related to financial distress as its subjective indicator. The level of financial well-being may influence the financial decisions of investors and may vary according to their demographics. The aim of this study is to determine the level of financial well-being of investors and whether demographic variables play an influential role in investment decisions. The results from the study indicated that a significant difference exists between the financial well-being of male and female investors. Male investors were more likely to have an average or high financial well-being compared with female investors. A significant difference was also found between the financial well-being among different age categories. Older investors were more likely to have a low financial well-being compared to investors between the ages of 16 to 24. |
format |
article |
author |
Zandri Dickason-Koekemoer Suné Ferreira |
author_facet |
Zandri Dickason-Koekemoer Suné Ferreira |
author_sort |
Zandri Dickason-Koekemoer |
title |
A conceptual model of financial well-being for south african investors |
title_short |
A conceptual model of financial well-being for south african investors |
title_full |
A conceptual model of financial well-being for south african investors |
title_fullStr |
A conceptual model of financial well-being for south african investors |
title_full_unstemmed |
A conceptual model of financial well-being for south african investors |
title_sort |
conceptual model of financial well-being for south african investors |
publisher |
Taylor & Francis Group |
publishDate |
2019 |
url |
https://doaj.org/article/f6395f8c5b474062a31dba4a54e29790 |
work_keys_str_mv |
AT zandridickasonkoekemoer aconceptualmodeloffinancialwellbeingforsouthafricaninvestors AT suneferreira aconceptualmodeloffinancialwellbeingforsouthafricaninvestors AT zandridickasonkoekemoer conceptualmodeloffinancialwellbeingforsouthafricaninvestors AT suneferreira conceptualmodeloffinancialwellbeingforsouthafricaninvestors |
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