Does Financial Mindfulness Make a Difference? A Nexus of Financial Literacy and Behavioural Biases in Women Entrepreneurs (Record no. 54805)
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control field | OSt |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20230927175645.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 230927b |||||||| |||| 00| 0 eng d |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Iram, T., |
9 (RLIN) | 38664 |
245 ## - TITLE STATEMENT | |
Title | Does Financial Mindfulness Make a Difference? A Nexus of Financial Literacy and Behavioural Biases in Women Entrepreneurs |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 7-21 p. |
520 ## - SUMMARY, ETC. | |
Summary, etc | This article aims to determine the intervening strength of financial mindfulness between financial literacy and behavioural biases in women entrepreneurs. The literature has an enduring discussion regarding the profoundly unique financial behaviour of women. Financial literacy and behavioural biases constitute a recurrent research topic, yet how this nexus exists in the premise of women’s entrepreneurship is not well known. Building on this gap, we examined the impact of financial literacy on women entrepreneurs’ behavioural biases by focusing on financial mindfulness as a potential moderator. A random sample of 346 women entrepreneurs operating in Pakistan was analysed using structural equation modelling through AMOS 21. The results revealed a significant direct impact of financial literacy on reducing anchoring and herding bias; however, financial literacy was found to be unrelated to mental accounting bias. The moderation analysis further revealed interesting indirect impacts, such that financial literacy strongly reduced mental accounting and herding bias for financially mindful women. Nonetheless, financial mindfulness does not negatively catalyse the relationship between financial literacy and anchoring bias. By encompassing the concepts of financial literacy, mindfulness and behavioural biases, we offer a unique theoretical strand with practical implications for women entrepreneurs. We suggest new avenues for the longstanding dilemma related to the factors instigating suboptimal financial decision-making in women entrepreneurs in developing markets.<br/> |
653 ## - INDEX TERM--UNCONTROLLED | |
Uncontrolled term | Financial literacy, |
Uncontrolled term | financial mindfulness, |
Uncontrolled term | herding bias, |
Uncontrolled term | anchoring bias, |
Uncontrolled term | mental accounting |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Bilal, A. R., |
9 (RLIN) | 38665 |
Personal name | Ahmad, Z., |
9 (RLIN) | 38666 |
Personal name | Latif, S. |
9 (RLIN) | 38667 |
773 0# - HOST ITEM ENTRY | |
Host Biblionumber | 50183 |
Host Itemnumber | 82601 |
Main entry heading | Sage Publication |
Place, publisher, and date of publication | New Delhi Sage Publication |
Other item identifier | 55513474 |
Title | IIM KOZHIKODE SOCIETY AND MANAGEMENT REVIEW |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | Dewey Decimal Classification |
Koha item type | Journal Article |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from | Public note |
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Dewey Decimal Classification | Main Library | Main Library | 27/09/2023 | Vol 12, No 1 | JOURNAL/MGT/Vol 12, No 1/55513474JA1 | 55513474JA1 | 27/09/2023 | 27/09/2023 | Vol 12, No 1 Janiuary-2023 |