Journal article
The role of learning motivation on financial knowledge among Vietnamese college students
The Journal of consumer affairs, Vol.57(1), pp.529-563
Spring 2023
DOI: 10.1111/joca.12511
Abstract
Using survey data from 730 undergraduates in Vietnam, we find that learning motivation and its components, especially self-efficacy, finance learning value, and achievement goals, significantly correlate with students' financial literacy performance. In addition, these correlations are moderated by student characteristics, among which academic seniority, university type, parents' education, and extra math study during high school matter the most. Our results raise significant implications to policymakers, researchers, and educators that include understanding the role of motivation and incorporating it in financial literacy education and intervention programs and considering the moderation roles that individuals' characteristics play in the motivation-financial literacy link. We encourage more research in these areas.
Details
- Title: Subtitle
- The role of learning motivation on financial knowledge among Vietnamese college students
- Creators
- Trang M. T. Phung - Hoa Sen UniversityQuoc N. Tran - University of Management and TechnologyPhuong Nguyen-Hoang - University of IowaNhut H. Nguyen - Auckland University of TechnologyTho H. Nguyen - University of Economics Ho Chi Minh City
- Resource Type
- Journal article
- Publication Details
- The Journal of consumer affairs, Vol.57(1), pp.529-563
- DOI
- 10.1111/joca.12511
- ISSN
- 0022-0078
- eISSN
- 1745-6606
- Grant note
- DOI: 10.13039/100019455, name: University of Economics Ho Chi Minh City
- Language
- English
- Electronic publication date
- 01/26/2023
- Date published season
- Spring 2023
- Date published
- 2023
- Academic Unit
- Public Policy Center (Archive); School of Planning and Public Affairs
- Record Identifier
- 9984363658402771
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