Canadian Institute For Knowledge Development
  • Register
  • Login

International Journal of Organizational Leadership

Notice

As part of Open Journals’ initiatives, we create website for scholarly open access journals. If you are responsible for this journal and would like to know more about how to use the editorial system, please visit our website at https://ejournalplus.com or
send us an email to info@ejournalplus.com

We will contact you soon

  1. Home
  2. Volume 9, Issue 4
  3. Authors

Current Issue

By Issue

By Subject

Keyword Index

Author Index

Indexing Databases XML

About Journal

Aims and Scope

Editorial Board

Indexing and Abstracting

Related Links

Peer Review Process

News

The Linkages of Financial Self-Efficacy and Financial Decision Behaviour: Learning from Female Lecturers in East Coast Malaysia

    Suhal Kusairi Nizam Ahmad Tan Jeng Kae

International Journal of Organizational Leadership, 2020, Volume 9, Issue 4, Pages 273-287
10.33844/ijol.2020.60511

  • Show Article
  • Download
  • Cite
  • Statistics
  • Share

Abstract

The goal of the study is to examine how the financial self-efficacy can explain the personal financial behaviour of female lecturers on a financial decision, through the application of a psychometric instrument. The study employed the survey approach on the 239 female lecturersin East Coast Malaysia, selected based on simple random sampling. The analysis uses the multivariate Probit method. The results showed that financial self-efficacy is negatively related to the likelihood of a female lecturer having any credit card, loan and insuranceproducts. Furthermore, there was no positive impact on the level of individual efficacy with the possibility of female lecturers having savings accounts. Meanwhile, lecturers who attended financial courses were less likely to have credit cards than women lecturers who had never attended a financial course. Besides, female lecturers with higher education levels and household income possesseda more substantial probability of having loan products. The critical factor affecting the likelihoodof female lecturers having any insurance products wasethnicity, marital status, household income level, Media electronic and magazine references, and investment consultants. The implication of this studysuggests thatfinancial self-efficacy is essential to a personal financial advisor, the credit counselling,and debt management agency to help their customer to solve personal financial problems and make a decision.
Keywords:
    Behavioural Finance Financial Self-Efficacy Financial Instruments
  • PDF (489 K)
  • XML
Suhal Kusairi, Nizam Ahmad, Tan Jeng Kae (2020). The Linkages of Financial Self-Efficacy and Financial Decision Behaviour: Learning from Female Lecturers in East Coast Malaysia. International Journal of Organizational Leadership, 9(4), 273-287. doi: 10.33844/ijol.2020.60511
Suhal Kusairi; Nizam Ahmad; Tan Jeng Kae. "The Linkages of Financial Self-Efficacy and Financial Decision Behaviour: Learning from Female Lecturers in East Coast Malaysia". International Journal of Organizational Leadership, 9, 4, 2020, 273-287. doi: 10.33844/ijol.2020.60511
Suhal Kusairi, Nizam Ahmad, Tan Jeng Kae (2020). 'The Linkages of Financial Self-Efficacy and Financial Decision Behaviour: Learning from Female Lecturers in East Coast Malaysia', International Journal of Organizational Leadership, 9(4), pp. 273-287. doi: 10.33844/ijol.2020.60511
Suhal Kusairi, Nizam Ahmad, Tan Jeng Kae The Linkages of Financial Self-Efficacy and Financial Decision Behaviour: Learning from Female Lecturers in East Coast Malaysia. International Journal of Organizational Leadership, 2020; 9(4): 273-287. doi: 10.33844/ijol.2020.60511
  • RIS
  • EndNote
  • BibTeX
  • APA
  • MLA
  • Harvard
  • Vancouver
  • Article View: 424
  • PDF Download: 438
  • LinkedIn
  • Twitter
  • Facebook
  • Google
  • Telegram
  • Home
  • Glossary
  • News
  • Aims and Scope
  • Privacy Policy
  • Sitemap

 About Publisher

This journal is licensed under a Creative Commons Attribution 4.0 International (CC-BY 4.0)

Powered by eJournalPlus