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Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia

People generally see finance as anything that can be associated with the economic situation of the family. Thus, managing finances among individuals may result in satisfaction or dissatisfaction towards their financial situation, which is called financial well-being. Previous research regarding fin...

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Main Authors: Nuradibah, Mokhtar, Husniyah, A. R.
Format: Article
Language:English
Published: UPM Press 2017
Subjects:
HG Finance
Online Access:http://ir.unimas.my/id/eprint/47019/1/Determinants%20of%20Financial.pdf.crdownload
http://ir.unimas.my/id/eprint/47019/
http://www.pertanika.upm.edu.my/pjssh
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spelling my.unimas.ir-470192024-12-24T03:15:41Z http://ir.unimas.my/id/eprint/47019/ Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia Nuradibah, Mokhtar Husniyah, A. R. HG Finance People generally see finance as anything that can be associated with the economic situation of the family. Thus, managing finances among individuals may result in satisfaction or dissatisfaction towards their financial situation, which is called financial well-being. Previous research regarding financial well-being has largely focused on factors such as financial stress, financial knowledge and financial behaviour. However, influences by the locus of control and work environment on financial well-being were little explored. Thus, this research studied the factors affecting financial well-being among public employees in Putrajaya, Malaysia. This study is a quantitative study using a set of online structured questionnaire to obtain the necessary data. A total of 207 completed questionnaires, out of 316 responded questionnaires, were analysed using Statistical Package for Social Science (SPSS) version 21. The results indicated that financial stress, work environment, locus of control and financial behaviour were significantly associated with financial wellbeing. In addition, financial stress was the strongest factor affecting financial well-being followed by work environment. At the end, the outcome of this study can be used for a better understanding of employees’ financial behaviour, which can be enhanced through financial education at the workplace. UPM Press 2017 Article PeerReviewed text en http://ir.unimas.my/id/eprint/47019/1/Determinants%20of%20Financial.pdf.crdownload Nuradibah, Mokhtar and Husniyah, A. R. (2017) Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia. Pertanika Journal of Social Sciences & Humanities, 25 (3). pp. 1241-1260. ISSN 2231-8534 http://www.pertanika.upm.edu.my/pjssh
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HG Finance
spellingShingle HG Finance
Nuradibah, Mokhtar
Husniyah, A. R.
Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia
description People generally see finance as anything that can be associated with the economic situation of the family. Thus, managing finances among individuals may result in satisfaction or dissatisfaction towards their financial situation, which is called financial well-being. Previous research regarding financial well-being has largely focused on factors such as financial stress, financial knowledge and financial behaviour. However, influences by the locus of control and work environment on financial well-being were little explored. Thus, this research studied the factors affecting financial well-being among public employees in Putrajaya, Malaysia. This study is a quantitative study using a set of online structured questionnaire to obtain the necessary data. A total of 207 completed questionnaires, out of 316 responded questionnaires, were analysed using Statistical Package for Social Science (SPSS) version 21. The results indicated that financial stress, work environment, locus of control and financial behaviour were significantly associated with financial wellbeing. In addition, financial stress was the strongest factor affecting financial well-being followed by work environment. At the end, the outcome of this study can be used for a better understanding of employees’ financial behaviour, which can be enhanced through financial education at the workplace.
format Article
author Nuradibah, Mokhtar
Husniyah, A. R.
author_facet Nuradibah, Mokhtar
Husniyah, A. R.
author_sort Nuradibah, Mokhtar
title Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia
title_short Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia
title_full Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia
title_fullStr Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia
title_full_unstemmed Determinants of Financial Well-Being among Public Employees in Putrajaya, Malaysia
title_sort determinants of financial well-being among public employees in putrajaya, malaysia
publisher UPM Press
publishDate 2017
url http://ir.unimas.my/id/eprint/47019/1/Determinants%20of%20Financial.pdf.crdownload
http://ir.unimas.my/id/eprint/47019/
http://www.pertanika.upm.edu.my/pjssh
_version_ 1819914980324016128
score 13.223943

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