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Financial literacy and Its Impact on Retirement Investment Choice: An Investigation of Vietnamese Employees

The main objective of this research is to develop a conceptual framework which investigates and confirms the role of financial literacy and other key factors motivating people in the working stage to make investment choice decisions for financial well-being in the retirement stage. More specifically, in the literature review section, choice theories are explored in order to apply the aspects of choice theories to the context of retirement investment choice decisions. According to the review of empirical research into personal finance and financial decision-making, it is demonstrated that financial literacy plays a vital role and it is considered a prime factor in making informed investment decisions. Although recent research into financial behaviours and financial decision-making has been considered and developed, most research in this area has focused on saving intentions, retirement planning, stock market participation and derivative market participation. There is a limited number of research into the role of financial literacy in both basic and advanced financial literacy levels as well as other factors such as pension knowledge, financial risk tolerance and financial advice in the context of retirement investment choice decisions.
ISBN:978-80-7454-814-7
EAN:9788074548147
Počet stran 47 stran
Datum vydání 18. 12. 2018
Pořadí vydání První
Jazyk anglický
Vazba e-kniha - pdf
Autor: Nguyen Thi Anh Nhu
Nakladatelství Univerzita Tomáše Bati ve Zlíně
Tématická skupina 1 - Ekonomika
Neprodejná publikace. Publikaci je možné poptávat zde: Vydáno elektronicky - Volně dostupné na http://hdl.handle.net/10563/43776
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