Women Investors and Financial Literacy in Nepal

Authors

  • Dhan Raj Chalise
  • Jagat Timilsena
  • Sujana Acharya

DOI:

https://doi.org/10.3126/ejer.v5i1.65643

Keywords:

Financial literacy, Financial Behavior, Financial Attitude, Investment Knowledge, Nepalese women investor

Abstract

Abstract Financial literacy refers to the ability to understand how money operates. The primary objective of this study is to investigate the factors influencing financial literacy among Nepalese women investors. The study aims to explore how financial attitudes, financial behaviors, subjective norms, intentions toward investment, and knowledge about investment products affect financial literacy among Nepalese women investors. Employing a descriptive and exploratory research design, this study considers all women who are investors in NEPSE as the population of interest. Among these women investors, a sample of 372 was randomly selected after preliminary observations were conducted to identify potential respondents. Data was collected through a set of questionnaires distributed to the respondents. The study revealed significant positive correlations among financial attitudes, financial behaviors, subjective norms, intentions toward investment, and knowledge about investment products as independent and financial literacy as dependent variable under study. Additionally, the regression analysis showed that financial attitudes, financial behaviors, subjective norms, intentions toward investment, and knowledge about investment products had a significant positive impact on financial  literacy among Nepalese women investors.

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Published

2024-05-09

How to Cite

Chalise, D. R., Timilsena, J., & Acharya, S. (2024). Women Investors and Financial Literacy in Nepal. The EFFORTS, Journal of Education and Research, 5(1), 105–120. https://doi.org/10.3126/ejer.v5i1.65643

Issue

Section

Research Article