Financial Literacy: Evidence from Saudi Women
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 5
Abstract
Financial illiteracy is widespread among women, and that many women are unacquainted with even the most elementary economic theories needed to make saving and investment decision. Financial literacy means knowing and understanding the form, functions and use of money and financial services. While the influence of several factors such as gender, education, and income is similar to what has been reported in other contexts, a few factors specifically consultative decision-making process and educated women whose family members had stocks and retirement saving more likely to know about risk diversification than less educated women whose family member were not wealthy and complexity of the financial markets has heightened the need of financial literacy. The main objective of the present paper is to assess the level of financial literacy among the women of Saudi Arabian, we have conducted a survey with the help of the questionnaire and distributed among the working and non-working women in Saudi Arabia. In finding researcher has found that there is no financial literacy difference between working and non-working in Saudi Arabia.
Authors and Affiliations
Dr. Raj Kumar Boora, Dr. Jyoti Agarwal
Keywords
Related Articles
- EP ID EP411190
- DOI 10.9790/487X-2005043844.
- Views 67
- Downloads 0
The Role Of Family Support In Moderating The Influence Of Work-Family Conflict On Job Stress
Job stress in career women often occurs due to an imbalance between work and family affairs. If a married career women experiences a work-family conflict then it can lead to negative consequences such as emotional fatigu...
The Influence of Education, Training and Motivation on Employee Performance of Production Forest Management Unit of Muna Island
The importance of employee performance has been extensively researched by past researchers who found that among the many factors affecting employee performance, among which are prominent factors of education, training an...
The Influence of Motivation, Organizational Commitment And Work Environment Toward Work Satisfaction And Performance Of private Universities’ lecturer in Ambon City
The purpose of this study is to analyze the influence of motivation, organizational commitment and work environment toward job satisfaction, to analyze the influence of motivation, organizational commitment and work envi...
Customer Expectations of Corporate Social Responsibility Initiatives and Customer Loyalty: A Mediating Role of Service Quality
This research points out how two dimensions of Corporate Social Responsibility i.e. Shareholder and Ethical-Legal effect on the loyalty of the customers in the banking companies of Pakistan. Service quality is used as a...
The Effect of Occupational Health and Safety Inspection on Employee Performance In Sugar Companies In Kakamega County, Kenya.
The twentieth century witnessed remarkable reductions in the number and rate of occupational fatalities and injuries. However, many preventable injuries and deaths still occur. There are barriers to progress in occupatio...