Measuring the Impact of POWER! Programme
Journal Title: Saudi Journal of Business and Management Studies - Year 2016, Vol 1, Issue 1
Abstract
Abstract: Despite the vast research in financial literacy and financial education, little is known about the effectiveness of the education programme that was conducted to increase the financial literacy among Malaysian. The high number of bankruptcy as the highest bankruptcy case was related to hire purchase loans and personal loans are among the crucial financial issues in Malaysia. Hence, this study was conducted to investigate the financial literacy, attitude and practices of those who attended POWER! programme and not attended. Data were obtained through on-line survey (n=677) and during MingguAmanahSaham Malaysia. The findings include that after 6 months attended POWER! programme the participants have a higher financial knowledge. In addition, those who attended POWER! programme had positive attitude towards financial matters although mix result was observed. On the other hand, the control group have better in basic financial behaviour. Consequently, interview should be conducted to gain more understanding on the impact of POWER! programme, a detailed module on specific personal finance need to be developed and further study on financial attitude and behaviour is needed. Keywords: financial literacy, financial education, POWER! programme
Authors and Affiliations
Mohamad Fazli Sabri, SitiFarra Zillah Abdullah
Keywords
Related Articles
- EP ID EP394534
- DOI -
- Views 179
- Downloads 0
The Influence of Selected Demographic and Business Characteristics on the Performance of Women Owned Microenterprises in Tanzania
Abstract: Performance of women owned microenterprises is a function of many factors including, but not limited, size of capital, access to credit, demographic factors and also a number of business characteristics. Howeve...
Exploring the Key Success Factors for Young Airlines-A Focus on Emirates Airlines and its Regional Competitors' Strategy for Success
Abstract: This study looks at the relationship between the airlines operating in the Middle East region and compares their capabilities with their results through secondary research in order to determine best practice. U...
"The Importance of Training Programs in the Improvement of the Performance of Employees In The Petroleum Companies"- Case of Sonatrach Company - The Regional Directorate of BERKAOUI (Ouargla- Algeria)
Abstract: The training of the workers in the enterprises allows the development in the skills and knowledge of the employees. As the other Enterprises, the training programs in the petroleum companies got a great importa...
Applying select Strategic Management concepts on a Saudi Arabian start-up restaurant: A case
Abstract: Strategic Management Concepts and models are widely being used by organizations to achieve a sustainable competitive edge in the industry. Applying the principles and theories on large corporations is common. I...
Comparative Analysis of Fuzzy Entropic Order Quantity (FEnOQ) Model
Abstract: This paper focuses on comparative analysis of fuzzy entropic economic order quantity model in presence of flexible ordering cost in finite planning horizon. The objective of this fuzzy model is to optimize the...