Emerald Journal of Financial Crime : 2023 - The Effect Of Financial Literacy, Financial Behaviour And Financial Stress On Awareness Of Investment Scams Among Retirees

Awalludin, Noor Rohin and Ahmad Shukri, Nurul Huda (2023) Emerald Journal of Financial Crime : 2023 - The Effect Of Financial Literacy, Financial Behaviour And Financial Stress On Awareness Of Investment Scams Among Retirees. Emerald Journal of Financial Crime. ISSN 1359-0790

Text 3.The Effect Of Financial Literacy, Financial Behaviour And Financial Stress On Awareness Of Investment Scams Among Retirees.pdf Restricted to Registered users only Download (428kB)

Abstract

Purpose This study aims to investigate the effects of financial literacy, financial behaviour and financial stress on awareness of investment scams among retirees. Design/methodology/approach Using a questionnaire survey, data was distributed to 200 retirees. A total of 53 responses were obtained. The data was subsequently analysed using PLS-SEM version 3 software. Findings Findings indicated that while financial literacy has a significant influence on awareness, there is no conclusive evidence to support the relationship between financial behaviour and financial stress on awareness. These results highlighted the critical need to strengthen financial literacy among retirees as a prevention mechanism for them to avoid from being scammed. Research limitations/implications The finding from this study is relevant to regulators and law enforcement agencies to aid potential and actual retirees

Item Type:	Article
Uncontrolled Keywords:	Emerald Journal of Financial Crime,Financial Literacy, Financial behavior, Financial Stress, Investment Scam
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	Institute of Graduate Studies (IGS)
Depositing User:	Mrs Shariffah Shuhaiza Syed Mohd Nor
Date Deposited:	16 Apr 2025 08:12
Last Modified:	17 Apr 2025 01:19
URI:	http://eprints.kuptm.edu.my/id/eprint/4070

Actions (login required)

View Item