Artikel
Relationship between individual characteristics, neurotic personality, personal financial distress, and financial behavior
Financial distress is not only experienced by people with no income, but also those with a large income. This research aims to examine the effect of individual characteristics and a neurotic personality on personal financial difficulties with financial behaviour as an intervening variable. The study involved 600 Indonesian respondents. The data were analysed using structural equation modelling-the partial least squares method. The results of this study revealed that at an alpha level of 5%, neurotic traits have significant effects on financial behaviour and personal financial distress. The higher the score of a person's neuroticism, the lower their investment consideration, which consequently leads to the tendency of falling into debt and as a result financial distress. Good financial behaviour can mitigate the financial distress faced by an individual with a high neuroticism score.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 9 ; Year: 2022 ; Issue: 1 ; Pages: 1-16
- Classification
-
Management
- Subject
-
debt behaviour
investment behaviour
neurotic personality traits
personal financial distress
- Event
-
Geistige Schöpfung
- (who)
-
Fachrudin, Khaira Amalia
Latifah, Siti
- Event
-
Veröffentlichung
- (who)
-
Taylor & Francis
- (where)
-
Abingdon
- (when)
-
2022
- DOI
-
doi:10.1080/23311975.2022.2105565
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Fachrudin, Khaira Amalia
- Latifah, Siti
- Taylor & Francis
Time of origin
- 2022
Other Objects (12)
Financial distress and cycle-sensitive corporate investments
Financial distress and its determinants: Evidence from insurance companies in Ethiopia
Financial information disclosure
K-score categorisation of JSE listed sectors under the financial distress continuum theory: a quantitative approach
Target financial forecasting as an instrument to improve company financial health
Managers' financial practices and financial sustainability of Nigerian manufacturing companies: Which ratios matter most?
Market reactions to financial distress announcements: Do political connections matter?
Stochastic modelling for financial bubbles and policy
Ragnar Nurkse and the international financial architecture
Do corporate governance and top management team diversity have a financial impact among financial sector? A further analysis
Culture, financial literacy, and SME performance in Ghana
Determinants of financial development in Ethiopia: ARDL approach
Financial distress and cycle-sensitive corporate investments
Financial distress and its determinants: Evidence from insurance companies in Ethiopia
Financial information disclosure
K-score categorisation of JSE listed sectors under the financial distress continuum theory: a quantitative approach
Target financial forecasting as an instrument to improve company financial health
Managers' financial practices and financial sustainability of Nigerian manufacturing companies: Which ratios matter most?
Market reactions to financial distress announcements: Do political connections matter?
Stochastic modelling for financial bubbles and policy
Ragnar Nurkse and the international financial architecture
Do corporate governance and top management team diversity have a financial impact among financial sector? A further analysis
Culture, financial literacy, and SME performance in Ghana
Determinants of financial development in Ethiopia: ARDL approach
Financial distress and cycle-sensitive corporate investments
Financial distress and its determinants: Evidence from insurance companies in Ethiopia
Financial information disclosure
K-score categorisation of JSE listed sectors under the financial distress continuum theory: a quantitative approach
Target financial forecasting as an instrument to improve company financial health
Managers' financial practices and financial sustainability of Nigerian manufacturing companies: Which ratios matter most?
Market reactions to financial distress announcements: Do political connections matter?
Stochastic modelling for financial bubbles and policy
Ragnar Nurkse and the international financial architecture
Do corporate governance and top management team diversity have a financial impact among financial sector? A further analysis
Culture, financial literacy, and SME performance in Ghana