Pub Date : 2023-11-05DOI: 10.15549/jeecar.v10i6.1500
Yusuf Murtadlo Hidayat, Nugraha Nugraha, Disman Disman, Maya Sari, Muhammad Rayhan Bustam
This study aims to investigate investor sentiment and its effect on the industrial sector in Indonesia. In the study, investor sentiment was extracted from data obtained from search engines. Then the data were used to see how the sentiment affected the stock return in each listed industrial company. Fifteen industrial sector companies listed on the stock exchange were selected; each was analyzed for their search volume and the effect on stock returns using panel data regression from March 2020 to April 2022. The result shows that investor sentiment affects the level of stock returns in the industrial sector in Indonesia. This result indicates that with the increase in search volume on search engines, which reflects positive sentiment, there will be an increase in stock trading transactions and vice versa. This study's findings will help investors make investment decisions, especially in the industrial sector.
{"title":"Investor sentiment based on search engine data for predicting stock returns in Indonesia industrial sector","authors":"Yusuf Murtadlo Hidayat, Nugraha Nugraha, Disman Disman, Maya Sari, Muhammad Rayhan Bustam","doi":"10.15549/jeecar.v10i6.1500","DOIUrl":"https://doi.org/10.15549/jeecar.v10i6.1500","url":null,"abstract":"This study aims to investigate investor sentiment and its effect on the industrial sector in Indonesia. In the study, investor sentiment was extracted from data obtained from search engines. Then the data were used to see how the sentiment affected the stock return in each listed industrial company. Fifteen industrial sector companies listed on the stock exchange were selected; each was analyzed for their search volume and the effect on stock returns using panel data regression from March 2020 to April 2022. The result shows that investor sentiment affects the level of stock returns in the industrial sector in Indonesia. This result indicates that with the increase in search volume on search engines, which reflects positive sentiment, there will be an increase in stock trading transactions and vice versa. This study's findings will help investors make investment decisions, especially in the industrial sector.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135724923","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Internet growth and the expansion of platform-based transportation companies in Indonesia are co-occurring. This study attempts to identify the factors that encourage platform-based transportation companies' customers to switch to competing platforms. This quantitative research method employed the Structure Equation Model (SEM) analysis method implemented in Warp PLS 5.0. This study's population comprises platform-based transportation users in Jakarta, the Indonesian capital. Through purposeful sampling, 200 research samples from Jakarta Generation Z were chosen. According to the results of this study, perceived price and experience dissatisfaction influence the Generation Z brand transition into platform-based transportation. In the interim, electronic service quality does not influence Generation Z brand-switching behavior in Indonesia. The relationship between perceived price and experience dissatisfaction with switching behavior is mediated by switching intention. This research contributes to transportation-based platform companies to reduce brand switching, especially among Generation Z.
{"title":"Platform-based transportation company in Indonesia: Perspective brand switching behavior on Gen Z","authors":"Arum Wahyuni Purbohastuti, Vanessa Gaffar, Disman Disman, Chairul Furqon, Hetty Hassanah","doi":"10.15549/jeecar.v10i6.1507","DOIUrl":"https://doi.org/10.15549/jeecar.v10i6.1507","url":null,"abstract":"Internet growth and the expansion of platform-based transportation companies in Indonesia are co-occurring. This study attempts to identify the factors that encourage platform-based transportation companies' customers to switch to competing platforms. This quantitative research method employed the Structure Equation Model (SEM) analysis method implemented in Warp PLS 5.0. This study's population comprises platform-based transportation users in Jakarta, the Indonesian capital. Through purposeful sampling, 200 research samples from Jakarta Generation Z were chosen. According to the results of this study, perceived price and experience dissatisfaction influence the Generation Z brand transition into platform-based transportation. In the interim, electronic service quality does not influence Generation Z brand-switching behavior in Indonesia. The relationship between perceived price and experience dissatisfaction with switching behavior is mediated by switching intention. This research contributes to transportation-based platform companies to reduce brand switching, especially among Generation Z.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135726075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study investigates the influence of experiential marketing and price on customer trust, with customer value as a moderating factor. Employing a sample of 200 respondents using proportionate stratified random sampling, data is collected through a survey with a structured questionnaire. Analysis via Structured Equation Modeling (SEM) using LISREL software highlights significant effects. Price exhibits a notable impact on customer trust, emphasizing its role in shaping perceptions. Furthermore, the joint influence of experiential marketing and price underscores a holistic approach. The study contributes to understanding the nuanced interplay among these variables, aiding businesses in refining trust-building strategies. By recognizing customer value's moderating role, this research provides valuable insights for effective customer relationship management.
{"title":"Boosting customer trust: Pricing, experience and value in enchanting West Java tourism","authors":"Henny Utarsih, None Yuyus Suryana, None Sucherly, None Diana Sari, None Agus Riyanto","doi":"10.15549/jeecar.v10i6.1497","DOIUrl":"https://doi.org/10.15549/jeecar.v10i6.1497","url":null,"abstract":"This study investigates the influence of experiential marketing and price on customer trust, with customer value as a moderating factor. Employing a sample of 200 respondents using proportionate stratified random sampling, data is collected through a survey with a structured questionnaire. Analysis via Structured Equation Modeling (SEM) using LISREL software highlights significant effects. Price exhibits a notable impact on customer trust, emphasizing its role in shaping perceptions. Furthermore, the joint influence of experiential marketing and price underscores a holistic approach. The study contributes to understanding the nuanced interplay among these variables, aiding businesses in refining trust-building strategies. By recognizing customer value's moderating role, this research provides valuable insights for effective customer relationship management.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135724921","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Fintech innovations such as mobile wallets (m-wallet) are reshaping the payment landscape, m-wallet users in Indonesia are relatively high, but there is a gap in the number of m-wallet users by age group. The highest number of m-wallet users, mostly the young generation, is based on age. The digital immigrant generation is another age group with the potential to increase but still needs to be higher in adoption. This research's primary objective is to determine the effect of m-wallet adoption in Indonesia. This study aimed to comprehend how consumers adopted m-wallets. Four hundred respondents categorized as digital immigrants in Indonesia were surveyed quantitatively using a cross-sectional study approach using Smart PLS 3.1, and Partial Least Square Structural Equation Modeling (PLS-SEM) was used to evaluate the obtained data. The findings showed that perceived behavioral intention is significantly influenced by Perceived Usefulness (PU), Perceived Ease of Use (PEOU), Perceived Security (PS), and Perceived Trust (PT). Consumer Behavioral intention is also significantly influenced by m-wallet adoption by digital immigrants in Indonesia.
{"title":"Mobile wallet adoption model among digital immigration generation in Indonesia","authors":"Resa Nurlaela Anwar, Vanessa Gaffar, Disman Disman, Chairul Furqon, Yayah Sutisnawati","doi":"10.15549/jeecar.v10i6.1499","DOIUrl":"https://doi.org/10.15549/jeecar.v10i6.1499","url":null,"abstract":"Fintech innovations such as mobile wallets (m-wallet) are reshaping the payment landscape, m-wallet users in Indonesia are relatively high, but there is a gap in the number of m-wallet users by age group. The highest number of m-wallet users, mostly the young generation, is based on age. The digital immigrant generation is another age group with the potential to increase but still needs to be higher in adoption. This research's primary objective is to determine the effect of m-wallet adoption in Indonesia. This study aimed to comprehend how consumers adopted m-wallets. Four hundred respondents categorized as digital immigrants in Indonesia were surveyed quantitatively using a cross-sectional study approach using Smart PLS 3.1, and Partial Least Square Structural Equation Modeling (PLS-SEM) was used to evaluate the obtained data. The findings showed that perceived behavioral intention is significantly influenced by Perceived Usefulness (PU), Perceived Ease of Use (PEOU), Perceived Security (PS), and Perceived Trust (PT). Consumer Behavioral intention is also significantly influenced by m-wallet adoption by digital immigrants in Indonesia.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135724922","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this study was to determine whether employee performance is influenced by job characteristics, work environment, and employee engagement. The method used in this research was quantitative, employing a random sampling technique with 211 participants and data collection through a questionnaire. The data analysis technique used was Structural Equation Modeling Partial Least Square (SEM PLS). The results of this study indicate that (1) employee engagement is significantly influenced by job characteristics, (2) employee engagement is significantly influenced by the work environment, (3) employee performance is influenced by job characteristics, (4) employee performance is influenced by the work environment but not significantly, (5) employee performance is significantly influenced by employee engagement, (6) employee performance is significantly influenced by job characteristics through employee engagement, and (7) employee performance is significantly influenced by the work environment through employee engagement. It is expected that good employee performance will increase employee productivity.
{"title":"Employee performance of state-owned enterprises in Indonesia: The influence of job characteristics and work environment and employee engagement as an intervening variable","authors":"Masharyono Masharyono, Ria Arifianti, Iwan Sukoco, Herwan Abdul Muhyi, Desayu Eka Surya","doi":"10.15549/jeecar.v10i6.1506","DOIUrl":"https://doi.org/10.15549/jeecar.v10i6.1506","url":null,"abstract":"The purpose of this study was to determine whether employee performance is influenced by job characteristics, work environment, and employee engagement. The method used in this research was quantitative, employing a random sampling technique with 211 participants and data collection through a questionnaire. The data analysis technique used was Structural Equation Modeling Partial Least Square (SEM PLS). The results of this study indicate that (1) employee engagement is significantly influenced by job characteristics, (2) employee engagement is significantly influenced by the work environment, (3) employee performance is influenced by job characteristics, (4) employee performance is influenced by the work environment but not significantly, (5) employee performance is significantly influenced by employee engagement, (6) employee performance is significantly influenced by job characteristics through employee engagement, and (7) employee performance is significantly influenced by the work environment through employee engagement. It is expected that good employee performance will increase employee productivity.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135726073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-05DOI: 10.15549/jeecar.v10i3.1376
Nguyen Thi Thu Thuy
This research examines the factors that influence the behavior of young Vietnamese participants in the nighttime economy (NTE). The established factors were based on the results of a questionnaire distributed among 405 young individuals living, learning, and working in Hanoi, Da Nang, and Ho Chi Minh City. The data obtained confirm the predictive power of the theory of planned behavior (TPB) model to describe the NTE participants’ behavior. The study showed that perceived benefits have a direct influence on NTE participation behavior and an indirect influence through attitudes and the intention to participate; risk perception has only a direct effect on NTE participation behavior. One of the most significant factors in shaping behavioral intentions is financial readiness for consumption, which emphasizes the pragmatism and rationalism of NTE participants in spending their own money. In addition to being pragmatic and rational, the NTE participants’ behavior is influenced by cultural opportunities and the development of nightlife facilities.
{"title":"Factors influencing Vietnam youth’s participation in the nighttime economy","authors":"Nguyen Thi Thu Thuy","doi":"10.15549/jeecar.v10i3.1376","DOIUrl":"https://doi.org/10.15549/jeecar.v10i3.1376","url":null,"abstract":"This research examines the factors that influence the behavior of young Vietnamese participants in the nighttime economy (NTE). The established factors were based on the results of a questionnaire distributed among 405 young individuals living, learning, and working in Hanoi, Da Nang, and Ho Chi Minh City. The data obtained confirm the predictive power of the theory of planned behavior (TPB) model to describe the NTE participants’ behavior. The study showed that perceived benefits have a direct influence on NTE participation behavior and an indirect influence through attitudes and the intention to participate; risk perception has only a direct effect on NTE participation behavior. One of the most significant factors in shaping behavioral intentions is financial readiness for consumption, which emphasizes the pragmatism and rationalism of NTE participants in spending their own money. In addition to being pragmatic and rational, the NTE participants’ behavior is influenced by cultural opportunities and the development of nightlife facilities.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135703214","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-05DOI: 10.15549/jeecar.v10i3.1318
Nataliia Pavlenchyk, Anatolii Pavlenchyk, Ruslan Skrynkovskyy, Svyatoslav Tsyuh
The study aimed at establishing the close relationship between the creativity of managers and the time spent making managerial decisions at the enterprise level. A linear least squares regression model determined the coefficient of dependence of time spent on management decision-making and creativity. The research used a quantitative approach and a sociological survey of heads and managers of enterprises of various sizes and organizational and legal forms. The authors compiled models of the formation of creative management in the enterprise based on motivational factors and the process of forming management decisions on the basis of management creativity. In the study, and for the first time, a scale of the creativity level and a scale of managers' motivation were proposed. The results of conducted sociological research and the use of the regression model of the factors taken into account show that the average level of creativity of managers involved in decision-making and their motivation coefficient has the greatest Influence on the time spent on managerial decisions. The research has theoretical and practical significance, and managers can use its results in practice to save time and improve the efficiency of management decision-making and staff motivation.
{"title":"The influence of management creativity on the optimality of management decisions over time: An innovative aspect","authors":"Nataliia Pavlenchyk, Anatolii Pavlenchyk, Ruslan Skrynkovskyy, Svyatoslav Tsyuh","doi":"10.15549/jeecar.v10i3.1318","DOIUrl":"https://doi.org/10.15549/jeecar.v10i3.1318","url":null,"abstract":"The study aimed at establishing the close relationship between the creativity of managers and the time spent making managerial decisions at the enterprise level. A linear least squares regression model determined the coefficient of dependence of time spent on management decision-making and creativity. The research used a quantitative approach and a sociological survey of heads and managers of enterprises of various sizes and organizational and legal forms. The authors compiled models of the formation of creative management in the enterprise based on motivational factors and the process of forming management decisions on the basis of management creativity. In the study, and for the first time, a scale of the creativity level and a scale of managers' motivation were proposed. The results of conducted sociological research and the use of the regression model of the factors taken into account show that the average level of creativity of managers involved in decision-making and their motivation coefficient has the greatest Influence on the time spent on managerial decisions. The research has theoretical and practical significance, and managers can use its results in practice to save time and improve the efficiency of management decision-making and staff motivation.
 
 
 
","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135657641","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.15549/jeecar.v9i3.849
N. H. Minh, L. H. Vinh
Vietnam has faced the long-lasting COVID-19 outbreak, which has imposed a negative impact on corporate activities, since 2020. This study aims to examine how the COVID-19 outbreak has influenced the risk-taking behavior of companies in Vietnam, investigating this relationship with the moderating role of cash holdings. We used the research data of non-financial listed firms in Vietnam during the period from quarter 1 2018 to quarter 2 2021. According to the Generalized Method of Moments approach, the study concludes that the COVID-19 pandemic period is negatively associated with corporate risk-taking behavior. In addition, there is a significant increase in the level of risk-taking behavior during the COVID-19 pandemic period by enterprises that have more cash holdings.
{"title":"Impact of the Covid-19 Pandemic on the Risk-taking Behavior of Non-financial Firms Listed in Vietnam with Cash Holdings as a Moderating Variable","authors":"N. H. Minh, L. H. Vinh","doi":"10.15549/jeecar.v9i3.849","DOIUrl":"https://doi.org/10.15549/jeecar.v9i3.849","url":null,"abstract":"Vietnam has faced the long-lasting COVID-19 outbreak, which has imposed a negative impact on corporate activities, since 2020. This study aims to examine how the COVID-19 outbreak has influenced the risk-taking behavior of companies in Vietnam, investigating this relationship with the moderating role of cash holdings. We used the research data of non-financial listed firms in Vietnam during the period from quarter 1 2018 to quarter 2 2021. According to the Generalized Method of Moments approach, the study concludes that the COVID-19 pandemic period is negatively associated with corporate risk-taking behavior. In addition, there is a significant increase in the level of risk-taking behavior during the COVID-19 pandemic period by enterprises that have more cash holdings.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67469255","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-03-31DOI: 10.15549/JEECAR.V6I1.270
M. Štros, David Ríha, E. Říhová, L. Lim
This study aimed to determine the success factors in personal sales in a wealthy market environment. For this purpose, a quasi-experimental design was formulated and the Swiss automotive market was selected. This market has some peculiarities in comparison to other markets, such as generally wealthy customers who demand fuel-efficient cars with significant horse power in the higher price range. Videos of personal sales conversations were produced and shown to the study participants for evaluation. The sales took place in the automotive sector, but the results can be transferred to other sectors. The theoretical concept of personal sales is introduced, sales theories, techniques and strategies are discussed. The different types of communication are introduced and explained. As a result, a factor analysis is conducted in order to interpret the results. The paper provides then conclusions by discussing and construing the results. Theoretical and managerial contributions and possible limitations are derived.
{"title":"Personal sales success factors in a wealthy market environment","authors":"M. Štros, David Ríha, E. Říhová, L. Lim","doi":"10.15549/JEECAR.V6I1.270","DOIUrl":"https://doi.org/10.15549/JEECAR.V6I1.270","url":null,"abstract":"This study aimed to determine the success factors in personal sales in a wealthy market environment. For this purpose, a quasi-experimental design was formulated and the Swiss automotive market was selected. This market has some peculiarities in comparison to other markets, such as generally wealthy customers who demand fuel-efficient cars with significant horse power in the higher price range. Videos of personal sales conversations were produced and shown to the study participants for evaluation. The sales took place in the automotive sector, but the results can be transferred to other sectors. The theoretical concept of personal sales is introduced, sales theories, techniques and strategies are discussed. The different types of communication are introduced and explained. As a result, a factor analysis is conducted in order to interpret the results. The paper provides then conclusions by discussing and construing the results. Theoretical and managerial contributions and possible limitations are derived.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2019-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49516643","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-03-31DOI: 10.15549/JEECAR.V6I1.285
Piotr Oratowski, A. Cwynar, W. Cwynar, R. Dankiewicz, A. Ostrowska-Dankiewicz
Although financial literacy becomes increasingly important in more and more financialised world, and despite broad-based financial education interventions, consumers still display large shortcomings in the literacy. In this study, using multivariate linear regression and a nationally representative sample of adult Poles (N=1,067), we test some little-studied potential determinants of financial literacy with the purpose to further explain low financial literacy levels. We found that respondents who are more interested in financial domain, have less difficulty in understanding information supplied by means of numbers, and report more learning from own mistakes are at the same time more financially literate, even after controlling for sociodemographic characteristics. Possible implications regarding the role of these factors for financial education are discussed.
{"title":"Why do consumers remain financially illiterate? The empirical test of some less investigated reasons","authors":"Piotr Oratowski, A. Cwynar, W. Cwynar, R. Dankiewicz, A. Ostrowska-Dankiewicz","doi":"10.15549/JEECAR.V6I1.285","DOIUrl":"https://doi.org/10.15549/JEECAR.V6I1.285","url":null,"abstract":"Although financial literacy becomes increasingly important in more and more financialised world, and despite broad-based financial education interventions, consumers still display large shortcomings in the literacy. In this study, using multivariate linear regression and a nationally representative sample of adult Poles (N=1,067), we test some little-studied potential determinants of financial literacy with the purpose to further explain low financial literacy levels. We found that respondents who are more interested in financial domain, have less difficulty in understanding information supplied by means of numbers, and report more learning from own mistakes are at the same time more financially literate, even after controlling for sociodemographic characteristics. Possible implications regarding the role of these factors for financial education are discussed.","PeriodicalId":37422,"journal":{"name":"Journal of Eastern European and Central Asian Research","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2019-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42090405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}