The Impact of Financial Literacy on Financial Behavior among Investors in Short Term Financing

Authors

  • Saba Kanwal Government Sadiq College Women University, Pakistan
  • Waseem Ul Hameed Universiti Utara, Malaysia

DOI:

https://doi.org/10.52461/sabas.v3i1.529

Keywords:

Financial literacy, financial behavior, short term financing

Abstract

This work is an assessment to encourage 'the impact of financial literacy on financial behavior among investors in short term financing. The size of sample collected is 110 investors who are usually invest in different financial institutions and investment companies.  The financial literacy (independent variables) have two factors that is financial knowledge and protecting resources of and one factors of financial behavior (dependent variable) that is money management. In this research, questionnaires method was used to collect the data related to investor’s literacy and behaviors. After analyzing the results, it is suggested that financial literacy of majority of an investor is at a moderate level. Many analysis techniques were used, and the results shows that financial literacy have a significant relationship on financial behavior.

Author Biographies

Saba Kanwal, Government Sadiq College Women University, Pakistan

Saba Kanwal, Lecturer, Government Sadiq College Women University Bahawalpur, Pakistan

Waseem Ul Hameed, Universiti Utara, Malaysia

Waseem Ul Hameed, Research Scholar, Universiti Utara, Malaysia

South Asian Review of Business and Administrative Studies

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Published

2021-06-30

How to Cite

Kanwal, S., & Hameed, W. U. (2021). The Impact of Financial Literacy on Financial Behavior among Investors in Short Term Financing. South Asian Review of Business and Administrative Studies (SABAS), 3(1), 11–32. https://doi.org/10.52461/sabas.v3i1.529

Issue

Vol. 3 No. 1 (2021): South Asian Review of Business and Administrative Studies (SABAS)

Section

Articles

License

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