Since 2014
Financial literacy: an interface between fi nancial information and decision-makers in organisations
Southern African Business Review
View Archive Info| Field | Value | |
| Title |
Financial literacy: an interface between fi nancial information and decision-makers in organisations
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| Creator |
Gouws, DG
Shuttleworth, CC |
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| Subject |
fi nancial literacy, fi nancial information, decision-makers, interface, fi nancial training
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| Description |
Individuals’ decisions and subsequent actions fl ow from their understanding of the surroundings in which they operate. In orderto facilitate economic and fi nancial sustainability, individuals needthe cognitive ability to understand fi nancial information in the context of these surroundings. The intellectual construct inferred from this encompassing and complex process is fi nancial literacy. The term ‘fi nancial literacy’ consists of the words ‘fi nancial’ and ‘literacy’, both of which are used to represent a myriad of issues that can easily lose their relevance when used together. This article addresses the interface (or gap) between information (matter) and decision-making (mind). The dualism of fi nancial literacy, matter and mind, is explored by means of a literature review and an empirical survey. From the survey, respondents’ perceptions of the fi nancial literacy construct were gleaned. Awareness of fi nancial literacy from the interface perspective promotes a deeper understanding of the concept. Recommendations are made to assist organisations andindividuals to overcome fi nancial uncertainties.
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| Publisher |
College of Economic and Management Sciences (UNISA)
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| Contributor |
—
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| Date |
2012-05-11
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://www.ajol.info/index.php/sabr/article/view/76338
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| Source |
Southern African Business Review; Vol 13, No 2 (2009)
1998-8125 1561-896X |
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| Language |
eng
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| Relation |
https://www.ajol.info/index.php/sabr/article/view/76338/66796
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| Rights |
Copyright on articles is retained by the author(s). The editor and reviewers of SABR cannot accept any responsibility for the infringement of authors' rights or copyright.
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