Published October 30, 2023 | Version CC BY-NC-ND 4.0
Journal article Open

Financial Risk, Attitude, and Skills of the Young Generation in Central India

Creators

  • 1. School of Commerce and Business Studies, Junior Research Fellow, Faculty of Commerce, Jiwaji University, Gwalior 474011(M.P), India.

Contributors

Contact person:

  • 1. School of Commerce and Business Studies, Junior Research Fellow, Faculty of Commerce, Jiwaji University, Gwalior 474011(M.P), India.
  • 2. Centre for Hospital Administration, Jiwaji University, Gwalior 474011 (M. P), India.

Description

Abstract: This study described an association of financial risk, attitude, and skill as interrelated variables and focused on the young generation in central India. The main objective of the study is to find out the relationship between financial skill and financial attitude, after controlling the financial knowledge of the respondents. The sample size of 296 was finalized, which was gathered following convenience sampling by a structured questionnaire designed on a 5-point Likert scale, for analysis. Cronbach alpha was .799 and correlation, multiple linear regression, and ANOVA was applied to the respondent. The findings of the result show that a small amount of correlation was observed between financial attitude and financial skills after controlling financial knowledge.

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Additional details

Identifiers

DOI
10.35940/ijmh.B1659.1010223
ISSN
2394-0913

Dates

Accepted
2023-10-15
Manuscript received on 16 September 2023 | Revised Manuscript received on 02 October 2023 | Manuscript Accepted on 15 October 2023 |Manuscript published on 30 October 2023

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