Work

Role of financial stress on relationship between financial problem and financial wellness among Malaysia workers

Year: 2013

Type: article

Abstract: This paper examines a framework for understanding the determinants of financial wellness. Samples were selected using multi-stage sampling technique among employees in public and private sectors. A total of 1000 completed questionnaires were analyzed using path analysis to identify direct and indirect effects on financial wellness. The results of this study can be used for better understanding on the relationships between and among determinants of financial wellness by highlighting the relationships among financial problem, financial behaviors, financial stress, and financial wellness. The findings identified that financial wellness were determined by financial behaviors, financial stress level, financial problem through direct or indirect effect on financial wellness. Key words: Financial stress, financial problem, financial wellness, Malaysia workers.

Source: AFRICAN JOURNAL OF BUSINESS MANAGEMENT

DOI: 10.5897/ajbm12.082

Authors: Narges Delafrooz, Laily Paim

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Good health and well-being

Open Access status: diamond

OpenAlex ID: W2115413741

FWCI: 1.294

Cites: 17

Cited by: 23

Related to: 10