Artikel

Exploring how an entrepreneur financially plans for retirement income: Evidence from Thailand

Little attention has been paid to an issue of entrepreneurial retirement planning. The purpose of this research paper is to investigate the relationship between entrepreneurial financial attainment capacity and expected retirement income. More explicitly, the following research questions were proposed. 1) What factors determine entrepreneurial financial attainment capacity? 2) What influences anticipated net income after retirement? And 3) how entrepreneurial financial attainment capacity and anticipated net income after retirement are related? Both direct and online questionnaires were used to obtain data from 240 entrepreneurs from different geographical areas in Thailand. Structural Equation Modeling (SEM) was utilized to test the hypothesized relationships among various financial variables. The SEM analyses revealed that entrepreneurial financial attainment capacity positively influence targeted retirement income. Moreover, the results demonstrated that entrepreneurial financial attainment capacity was positively determined by an entrepreneur's investment in financial asset, employment income, business net worth, business income and negatively determined by personal annual expenses and business expenses. On one hand, the research findings indicated that targeted retirement income was positively determined by expected earnings after retirement but negatively elucidated by expected spending after retirement. These results validated and expanded the previous research on entrepreneurial activities and financial planning.

Sprache
Englisch

Erschienen in
Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 6 ; Year: 2019 ; Pages: 1-15 ; Abingdon: Taylor & Francis

Klassifikation
Management
Thema
Retirement
entrepreneur
Thailand
financial planning

Ereignis
Geistige Schöpfung
(wer)
Ketkaew, Chavis
Van Wouwe, Martine
Vichitthammaros, Preecha
Ereignis
Veröffentlichung
(wer)
Taylor & Francis
(wo)
Abingdon
(wann)
2019

DOI
doi:10.1080/23311975.2019.1668676
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Ketkaew, Chavis
  • Van Wouwe, Martine
  • Vichitthammaros, Preecha
  • Taylor & Francis

Entstanden

  • 2019

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