Increasing financial market complexities, a highly volatile and unpredictable
environment, economic ups and downs, and unexpected trauma like a
pandemic of COVID-19, and many others, are giving substantial challenges
to individuals to achieve and maintain their financial stability and well-being
in recent times. Experts around the globe are soliciting financial literacy
improvement, and indeed a lot has been done too. However, people still lack,
and merely financial literacy may not be enough alone. Recently, researchers
have been putting forward the concept of financial capability, which is not
much research yet. Based on the capability theory, experts advocate that
financial capability building is crucial for financial stability and asset
building. Financial literacy deals only with the individual's internal ability
and does not cover what is needed beyond individual internal abilities that
capability fills. Here comes the concept of financial capability. Since the field
of financial capability is still not researched much, it needs more studies and
research to extend and find what else can contribute apart from the existing
factors affecting financial capability building and financial satisfaction.
Therefore, the present thesis investigates the key determinants that can affect
financial capability building under the scope of capability theory given by
Amartya Sen and Nussbaum and the concept of financial capability by
Johnson and Sherraden. Limited studies have measured a few factors on
financial capability in different studies. Moreover, most of the studies on
financial capability are limited to the developed nations.
| ISBN: | 978-80-7678-145-0 |
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| EAN: | 9788076781450 |
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| Počet stran |
47 stran |
| Datum vydání |
29. 12. 2022 |
| Pořadí vydání |
První |
| Jazyk |
anglický |
| Vazba |
e-kniha - pdf |
| Autor: |
Khurram Ajaz Khan |
| Nakladatelství |
Univerzita Tomáše Bati ve Zlíně |
| Tématická skupina |
999 - nezařazeno |
| Neprodejná publikace. Publikaci je možné poptávat zde: Volně dostupné na http://hdl.handle.net/10563/52405 |
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