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.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 6 ; Year: 2019 ; Pages: 1-15 ; Abingdon: Taylor & Francis
- Classification
-
Management
- Subject
-
Retirement
entrepreneur
Thailand
financial planning
- Event
-
Geistige Schöpfung
- (who)
-
Ketkaew, Chavis
Van Wouwe, Martine
Vichitthammaros, Preecha
- Event
-
Veröffentlichung
- (who)
-
Taylor & Francis
- (where)
-
Abingdon
- (when)
-
2019
- DOI
-
doi:10.1080/23311975.2019.1668676
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
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
- Ketkaew, Chavis
- Van Wouwe, Martine
- Vichitthammaros, Preecha
- Taylor & Francis
Time of origin
- 2019
Other Objects (12)
Impact of entrepreneur's commitment on entrepreneurial coaching relationship
"Nothing is impracticable for a single, middle-aged woman with an income of her own": the spinster in women's fiction of the 1920s
Institutional ownership and cost of debt: evidence from Thailand
Determinants of the downward sloping segment of the EKC in high-income countries: The role of income inequality and institutional arrangement
ESG Performance and Corporate Financial Risk of the Alternative Capital Market in Thailand
Change and prediction of income and fertility rates across countries
Geographic expansion, income diversification, and bank stability: Evidence from Vietnam
Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
Income diversification of Chinese rural households after they rent out land
Factors that influence cloud adoption in the public sector: The case of an emerging economy—Thailand
Income diversification and bank risk-taking: The moderating role of intellectual capital
The effect of new futures contracts on gold futures price volatility: Evidence from the Thailand futures exchange
Impact of entrepreneur's commitment on entrepreneurial coaching relationship
"Nothing is impracticable for a single, middle-aged woman with an income of her own": the spinster in women's fiction of the 1920s
Institutional ownership and cost of debt: evidence from Thailand
Determinants of the downward sloping segment of the EKC in high-income countries: The role of income inequality and institutional arrangement
ESG Performance and Corporate Financial Risk of the Alternative Capital Market in Thailand
Change and prediction of income and fertility rates across countries
Geographic expansion, income diversification, and bank stability: Evidence from Vietnam
Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
Income diversification of Chinese rural households after they rent out land
Factors that influence cloud adoption in the public sector: The case of an emerging economy—Thailand
Income diversification and bank risk-taking: The moderating role of intellectual capital
The effect of new futures contracts on gold futures price volatility: Evidence from the Thailand futures exchange
Impact of entrepreneur's commitment on entrepreneurial coaching relationship
"Nothing is impracticable for a single, middle-aged woman with an income of her own": the spinster in women's fiction of the 1920s
Institutional ownership and cost of debt: evidence from Thailand
Determinants of the downward sloping segment of the EKC in high-income countries: The role of income inequality and institutional arrangement
ESG Performance and Corporate Financial Risk of the Alternative Capital Market in Thailand
Change and prediction of income and fertility rates across countries
Geographic expansion, income diversification, and bank stability: Evidence from Vietnam
Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
Income diversification of Chinese rural households after they rent out land
Factors that influence cloud adoption in the public sector: The case of an emerging economy—Thailand
Income diversification and bank risk-taking: The moderating role of intellectual capital