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Study of Financial Literacy and Interpersonal Influence on Self-Evaluation Bias-An Empirical Analysis with Chinese Sample
International Journal of Social Science Studies
View Archive Info| Field | Value | |
| Title |
Study of Financial Literacy and Interpersonal Influence on Self-Evaluation Bias-An Empirical Analysis with Chinese Sample
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| Creator |
Chu, Xiaoyuan
Li, Yuan Han, Jing |
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| Description |
Based on the theoretical analysis, with first-hand data collection and using multiple regression models, this study explored the relationship between financial literacy, interpersonal influence and self-evaluation bias and figured out interactive effect of financial literacy, interpersonal influence on self-evaluation bias. We draw on the following conclusions: (1) Three financial literacy factors (sophisticated financial literacy, basic financial literacy and numeracy) entered into the regression equation on self-evaluation bias, with a predictive power of 14.8%. (2) The interaction term of financial literacy and coworkers/classmates’ influence can negatively predict self-evaluation bias. (3) The interaction term of financial literacy and family members’ influence can negatively predict self-evaluation bias.
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| Publisher |
Redfame Publishing
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| Contributor |
—
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| Date |
2015-10-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://redfame.com/journal/index.php/ijsss/article/view/1179
10.11114/ijsss.v3i6.1179 |
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| Source |
International Journal of Social Science Studies; Vol 3, No 6 (2015); 226-230
2324-8041 2324-8033 |
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| Language |
eng
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| Relation |
http://redfame.com/journal/index.php/ijsss/article/view/1179/1148
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