Financial Knowledge as mediator variable between Money Attitude and Financial Satisfaction
Allam, S., Khalil, M. (2023). Financial Knowledge as mediator variable between Money Attitude and Financial Satisfaction. EKB Journal Management System, 9(16), 435-471. doi: 10.21608/csj.2023.322076
Samira Allam; Mona Khalil. "Financial Knowledge as mediator variable between Money Attitude and Financial Satisfaction". EKB Journal Management System, 9, 16, 2023, 435-471. doi: 10.21608/csj.2023.322076
Allam, S., Khalil, M. (2023). 'Financial Knowledge as mediator variable between Money Attitude and Financial Satisfaction', EKB Journal Management System, 9(16), pp. 435-471. doi: 10.21608/csj.2023.322076
Allam, S., Khalil, M. Financial Knowledge as mediator variable between Money Attitude and Financial Satisfaction. EKB Journal Management System, 2023; 9(16): 435-471. doi: 10.21608/csj.2023.322076

Financial Knowledge as mediator variable between Money Attitude and Financial Satisfaction

مجلة الدراسات التجارية المعاصرة
Volume 9, Issue 16, July 2023, Page 435-471  XML PDF (704.33 K)
Document Type: المقالة الأصلية
DOI: 10.21608/csj.2023.322076
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Authors
Samira Allam email orcid 1; Mona Khalilorcid 2
1Faculty of Commerce Ain Shams University
2High Institute for Computer and Information Systems
Abstract
In this study, financial knowledge is functioned as a mediator variable to reveal how investors' attitudes toward money influence their financial satisfaction. The questionnaire is conducted to assess the validity of the constructs and the interrelationships between the variables, as well as to give relative weights to the assessment criteria for money attitude and its effect on financial satisfaction. Money Attitude (MA) is a measure of attitude about money that is broken down into four primary categories: avoidance, worship, status, and vigilance. A sample of 400 respondents was used. Partial Least Square Modeling (Smart-PLS) version 3.0 software was employed for analyzing data. The findings indicated that there is a significant relationship between money attitude and financial satisfaction. Also, the attitude toward money has a significant effect on financial knowledge. Moreover, it suggested that there is a significant effect of financial knowledge as a mediator variable on the relationship between money attitude and financial satisfaction of individuals in the Egyptian Stock Exchange.
Keywords
Financial Knowledge; Mediator; Money Attitude; Financial Satisfaction
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