İşletme Bölümü Koleksiyonu

Permanent URI for this collectionhttps://gcris.khas.edu.tr/handle/20.500.12469/66

Browse

Browsing İşletme Bölümü Koleksiyonu by Author "Aydin, Asli Elif"

Filter results by typing the first few letters
Now showing 1 - 1 of 1
  • Thumbnail Image
    Article
    Citation Count: 42
    An investigation of financial literacy money ethics and time preferences among college students: A structural equation model
    (Emerald Group Publishing Limited, 2019) Aydin, Asli Elif; Akben Selçuk, Elif
    Purpose: Financial literacy has a strong influence on financial well-being and it is a concept especially important for college students who start to develop their financial habits. The purpose of this paper is to examine the relationship between financial literacy money attitudes and time preferences among Turkish university students. Design/methodology/approach: Data were collected from 1443 university students from 14 campuses in Turkey. Structural equation modeling methodology is employed to test the hypotheses. Findings: The results suggest that students with higher financial knowledge scores have more favorable financial attitudes and exhibit more desirable financial behaviors. It is also demonstrated that financial attitude is positively related to financial behavior. Furthermore a significant and negative relationship between the affective dimension of the money ethic construct and financial behavior is found. In contrast the relationship between the behavioral dimension of money ethic and financial behavior is positive. It is further demonstrated that a present orientation leads to more negative financial attitudes. Originality/value: This study will reveal the interrelationships among dimensions of financial literacy money ethics and time preferences in an emerging economy with a relatively little experience with formal financial systems and unstable macroeconomic conditions. © 2019 Emerald Publishing Limited.