The Role of Financial Self-efficacy in the Relationship between Egyptians' Financial Literacy and their Financial Inclusion

Amir A. Shusha

Article Details

The Role of Financial Self-efficacy in the Relationship between Egyptians' Financial Literacy and their Financial Inclusion

Authors:

Amir A. Shusha

Publisher:

Kuwait University

Journal:

Arab Journal of Administrative Sciences Vol.26 Issue 2, pp.221-199

Document Type:

Article

Publication Date:

1/2019

Document Language:

English

Document ID (Org No.):

2001943723

pISSN:

2957-3521

Keywords:

Abstract:

 Aim of the Paper: This study aimed to investigate the impact of Egyptian's financial literacy on their financial inclusion by testing the mediated role of financial self-efficacy.Study Design: This study relied on the multiple regression method, as well as the methodology outlined by Baron and Kenny (1986) to test the mediated role of financial self-efficacy in the relationship between financial literacy and financial inclusion.Sample and Data: This study used a questionnaire to collect data from a sample of 385 Egyptians (60% males and 40% of females).Results: The results showed a significant positive effect of financial literacy on financial inclusion. Also, the results showed that financial self-efficacy partially mediates the relationship between financial literacy and financial inclusion.Conclusion: The study ended with a set of recommendations for decision makers in the state bodies at the level of education, media and financial institutions. The recommendations aimed to enrich financial literacy among Egyptians and enhance their financial self-efficacy as a mechanism to improve the level of financial inclusion.

Article Details

The Role of Financial Self-efficacy in the Relationship between Egyptians' Financial Literacy and their Financial Inclusion

Authors:

Amir A. Shusha

Publisher:

Kuwait University

Journal:

Arab Journal of Administrative Sciences Vol.26 Issue 2, pp.221-199

Document Type:

Article

Publication Date:

1/2019

Document Language:

English

Document ID (Org No.):

2001943723

pISSN:

2957-3521

Financial Self-efficacy

Financial knowledge

Financial inclusion

Issues

Article Details

The Role of Financial Self-efficacy in the Relationship between Egyptians' Financial Literacy and their Financial Inclusion

Authors: Amir A. Shusha

Publisher: Kuwait University

Journal: Arab Journal of Administrative Sciences Vol.26 Issue 2, pp.221-199

Document Type: Article

Publication Date: 1/2019

Document Language: English

Document ID (Org No.): 2001943723

pISSN: 2957-3521

Financial Self-efficacy

Financial knowledge

Financial inclusion

Issues

Authors:

Amir A. Shusha

Publisher:

Kuwait University

Journal:

Arab Journal of Administrative Sciences Vol.26 Issue 2, pp.221-199

Document Type:

Article

Publication Date:

1/2019

Document Language:

English

Document ID (Org No.):

2001943723

pISSN:

2957-3521