Financial literacy environment scan in Mozambique

IF 5.5 Q1 MANAGEMENT

Asia Pacific Management Review Pub Date : 2022-12-01 DOI:10.1016/j.apmrv.2021.09.004

Atanásio Cossa , Mara Madaleno , Jorge Mota

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引用次数: 4

Abstract

This research aims to scan financial literacy in Mozambique, assessing its levels and identifying the sociodemographic factors that influence it, generalizing to the developing countries. Quantitative research was performed using a survey database of 3,875 respondents collected in Mozambique. Our results document that more than 61% of the respondents did not answer correctly the questions regarding financial literacy, which indicates that the levels of financial literacy in Mozambique are low. Individuals are not qualified to make the most appropriate financial decisions and end up compromising their financial well-being. It was also found that age impacts respondents' financial knowledge, gender influences financial behavior, educational level influences financial knowledge and behavior, and the training area influences financial knowledge, attitude, and behavior. This article contributes by providing information regarding the financial literacy of Mozambique, which is still scarce and providing a scientific basis for decision-makers to improve public policies regarding financial literacy.

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莫桑比克的金融知识环境扫描

这项研究的目的是扫描莫桑比克的金融知识，评估其水平，确定影响它的社会人口因素，并推广到发展中国家。定量研究是利用在莫桑比克收集的3,875名答复者的调查数据库进行的。我们的结果表明，超过61%的受访者没有正确回答有关金融知识的问题，这表明莫桑比克的金融知识水平很低。个人没有资格做出最合适的财务决定，最终损害了他们的财务健康。年龄影响受访者的金融知识，性别影响受访者的金融行为，教育程度影响受访者的金融知识和行为，培训地区影响受访者的金融知识、态度和行为。本文的贡献在于提供莫桑比克金融素养方面的信息，这仍然是稀缺的，并为决策者提供科学依据，以改善有关金融素养的公共政策。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asia Pacific Management Review MANAGEMENT-

CiteScore

8.00

自引率

4.50%

发文量

期刊介绍： Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.