Predictors of financial well-being among Malaysian employees: examining the mediate effect of financial stress / Mohamad Fazli Sabri and Leila Falahati.

Sabri, Mohamad Fazli and Falahati, Leila (2013) Predictors of financial well-being among Malaysian employees: examining the mediate effect of financial stress / Mohamad Fazli Sabri and Leila Falahati. Journal of Emerging Economies and Islamic Research, 1 (3). pp. 1-16. ISSN 2289 – 2559

Abstract

Financial well-being and its impact on the quality of life among employees have received considerable attention from researchers, consumer and financial educators, practitioners and policy makers. The purpose of this study is to examine the determinant factors of employees’ financial well-being in Malaysia. The results of this study can be used for better understanding of the relationship between and among determinants of financial well-being by highlighting the relationships among financial literacy, financial behavior, financial capability, financial problem, and financial stress. Samples were selected using multi-stage sampling technique among employees in public and private sectors. A total of 2,000 completed questionnaires were analyzed using path analysis to identify direct and indirect effects on financial well-being. The results identified that financial well-being determinants were financial literacy, financial behavior, financial capability, financial problem; and financial stress had either a direct and indirect effect on financial well-being. The findings indicated that financial stress partially mediate the effect of factors on predicting financial well-being.

Metadata

Item Type: Article
Creators:
CreatorsID Num. / Email
Sabri, Mohamad FazliUNSPECIFIED
Falahati, LeilaUNSPECIFIED
Subjects: H Social Sciences > HG Finance
H Social Sciences > HG Finance > Personal finance. Financial literacy
H Social Sciences > HG Finance > Personal finance. Financial literacy > Malaysia
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Business and Management
Journal or Publication Title: Journal of Emerging Economies and Islamic Research
Journal: UiTM Journal > Journal of Emerging Economies and Islamic Research
ISSN: 2289 – 2559
Volume: 1
Number: 3
Page Range: pp. 1-16
Official URL: http://www.jeeir.com/v2/index.php/16-archieve/vol-...
Item ID: 32770
Uncontrolled Keywords: Financial literacy, financial behavior, financial capability, financial problem, financial stress, financial well-being
URI: http://ir.uitm.edu.my/id/eprint/32770

Download

[img] Text
32770.pdf

Download (927kB)

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year