تحلیل تاثیر نگرش مالی بر عملکرد سرمایه‌گذاری با میانجیگری رفتار مالی - رویکرد تحلیل معادلات ساختاری

نوع مقاله : مقاله پژوهشی (کاربردی)

نویسندگان

1 گروه مهندسی صنایع، دانشکده فنی و مهندسی، دانشگاه اراک، اراک، ایران

2 گروه مهندسی صنایع، دانشکده فنی و مهندسی، دانشگاه اراک

10.48301/kssa.2022.312336.1806

چکیده

درک عوامل موثر بر پس‌انداز و عملکرد سرمایه گذاری افراد موضوعی مهم در تضمین پایداری مالی و هم در بعد فردی و هم در سطح اجتماع است و عاملی مهم در تاب‌آوری خانوارها در شرایط بحران‌های اقتصادی به شمار می‎‌رود. دیدگاهی پذیرفته شده در ادبیات بر آن دلالت دارد که سطح بالاتر نگرش مالی افراد منجر به عملکرد بهتر سرمایه‌گذاری ایشان می‌گردد. با این وجود در سال‌های اخیر تعدادی از تحقیقات بر تاثیر متغیر رفتار مالی به عنوان عاملی میانجی بر این رابطه تاکید داشته‌اند. رفتار مالی یا همان عادات مالی به تدریج و طی مراحل رشد فرد در خانواده و اجتماع در وجود وی شکل می‌گیرد. این پژوهش با به‌کارگیری مدل مفهومی برگرفته از ادبیات تحقیق تلاش دارد تاثیر نگرش مالی بر عملکرد سرمایه‌گذاری و تاثیر متغیر میانجی رفتار مالی بر این رابطه را در میان جامعۀ جوان و دانشگاهی مورد تحقیق قرار دهد. برای این منظور تحقیقی پیمایشی با استفاده از پرسش‌نامه آنلاین در سطح دانشجویان دانشگاه اراک صورت پذیرفته و داده‌های مرتبط با 306 دانشجو جمع‌آوری گردیده است. در این تحلیل از رویکرد معادلات ساختاری برای تحلیل مدل مفهومی مورد استفاده قرار گرفته است. نتایج حاصل بیانگر آن است که نگرش مالی اثری مستقیم و مثبت بر عملکرد سرمایه‌گذاری فرد دارد و در عین حال رفتار مالی به عنوان میانجی در رابطه بین نگرش مالی و عملکرد سرمایه‌گذاری عمل کرده و این رابطه را تقویت می‌کند.

کلیدواژه‌ها

موضوعات

عنوان مقاله [English]

Analyzing the Impact of Financial Attitude on Investment Performance with the Mediation of Financial Behavior - Structural Equation Analysis Approach

نویسندگان [English]

  • Ashraf Norouzi 1
  • Ehsan mansouri 2
  • Sorush Samiei Esfahani 1
1 Department of industrial engineering, faculty of engineering, Arak University, Arak, Iran
2 Department of industrial engineering, faculty of engineering, Arak university
چکیده [English]

Understanding the determinants of peoples’ saving and investment behavior is an important issue in ensuring financial stability both at the individual and societal levels and also acts as an important factor in households' resilience in times of economic crisis. An accepted viewpoint in the literature states that higher levels of financial attitude lead to better investment performance. However, some recent studies have emphasized the effect of financial behavior as a mediating factor on this relationship. Using a conceptual model taken from the research literature, this study aimed to investigate the impact of financial attitudes on investment performance and the mediating effect of financial behavior on this relationship among young academics. Financial behavior or financial habits are formed gradually during the developmental stages of the individual in the family and society. For this purpose, a survey was conducted using an online questionnaire at the level of Arak University students and data from 306 students was collected. In this research, the structural equation modeling (SEM) approach was used to analyze the conceptual model. The findings of this research indicate that financial attitudes have a direct and positive effect on investment performance. It also implies that financial behavior acts as a mediator in the relationship between financial attitudes and investment performance and reinforces this relationship.

کلیدواژه‌ها [English]

  • Financial attitude
  • Investment performance
  • Financial behavior
  • Structural equations modeling

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فصلنامه علمی کارافن
دوره 19، شماره 2 - شماره پیاپی 58
علوم انسانی
شهریور 1401
صفحه 495-519

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  • تاریخ دریافت: 14 آبان 1400
  • تاریخ بازنگری: 26 اسفند 1400
  • تاریخ پذیرش: 05 اردیبهشت 1401

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