تاثیر خودکارآمدی مالی بر سلامت مالی سرمایه‌گذاران
محورهای موضوعی : پژوهش های مالی و رفتاری در حسابداری
علیرضا هوشمندی
1
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امید پورحیدری
2
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امیرحسین تائبی نقندری
3
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مریم دوستکی
4
1 - گروه حسابداری،واحد کرمان، دانشگاه آزاداسلامی، کرمان، ایران
2 - عضو هیئت علمی دانشگاه شهید باهنر کرمان
3 - گروه حسابداری، واحد کرمان، دانشگاه آزاد اسلامی، کرمان، ایران
4 - مدیریت منابع طبیعی، دانشگاه ولی عصر (عج)، رفسنجان، ایران
کلید واژه: استرس مالی, امنیت مالی, تاب‌آوری مالی, خودکارآمدی مالی,
چکیده مقاله :
این مطالعه باهدف پر کردن شکاف‌ها در سرمایه‌گذاری، و بررسی اینکه چگونه خودکارآمدی مالی بر ابعاد سلامت مالی شامل امنیت مالی، استرس مالی و تاب‌آوری مالی سرمایه‌گذاران کمک می‌کند، اجراشده است. جامعه آماری ما تمامی سرمایه‌گذاران حقیقی در بورس اوراق بهادار تهران است. درمجموع 395 پاسخ قابل‌استفاده استخراج شد و داده‌ها با استفاده از تکنیک مدل‌سازی معادله های ساختاری تجزیه و تحلیل شد. همچنین برای برآورد مقادیر پارامترهای مدل پژوهش از روش برآورد حداکثر درست نمایی استفاده‌شده است. یافته‌های این مطالعه شواهدی را برای پشتیبانی از سه فرضیه تدوین شده ارائه داده است. نتایج فرضیه اول حاکی از آن است که خودکارآمدی مالی ارتباط مثبت و معناداری با امنیت مالی دارد. به‌طور خاص، افرادی که سطح خودکارآمدی مالی بالاتری دارند، در مقایسه با افرادی که سطح خودکارآمدی مالی پایین‌تری دارند، به‌احتمال بیشتری از امنیت مالی برخوردارند. نتایج فرضیه دوم نشان داد که خودکارآمدی مالی ارتباط منفی و معناداری با استرس مالی دارد. به‌طوری‌که افزایش در خودکارآمدی مالی ممکن است به کاهش اثرات نامطلوب استرس مالی سرمایه‌گذاران کمک کند. همچنین، نتایج فرضیه سوم بیان کرده است که خودکارآمدی مالی ارتباط مثبت و معناداری با تاب آوری مالی دارد. افرادی که دارای خودکارآمدی مالی بالاتری هستند، به‌طورکلی در مقابل مشکلات مالی از تاب‌آوری بیشتری برخوردار هستند. این افراد قادرند بهترین تصمیمات مالی را بگیرند. دراین‌ارتباط آموزش و شناخت سرمایه‌گذاران از مسائل روان‌شناختی، علاوه بر آشنا بودن سرمایه‌گذاران به مسائل مالی سنتی، همیشه ابزار مفیدی برای مقابله با مشکلات مالی و سرمایه‌گذاری افراد بوده است.
This study aims to fill the gaps in investment, and how financial self-efficacy contributes to the dimensions of financial health, including financial security, financial stress, and financial resilience of investors. Our statistical population is investors in the Tehran Stock Exchange. A total of 395 responses were extracted and the data were analyzed using the structural equation modeling technique. Maximum likelihood estimation method was used to estimate the values of the research model parameters. The findings provided evidence to support the three hypotheses formulated. The results of the first hypothesis indicate that financial self-efficacy has a positive and significant relationship with financial security. People with higher levels of financial self-efficacy are more likely to enjoy financial security compared to people with lower levels of financial self-efficacy. The results of the second hypothesis indicated that financial self-efficacy has a negative and significant relationship with financial stress. An increase in financial self-efficacy may help reduce the adverse effects of financial stress for investors. Also, the results of the third hypothesis showed that financial self-efficacy has a positive and significant relationship with financial resilience. People who have higher financial self-efficacy are generally more resilient to financial problems. These people are able to make the best financial decisions. In this regard, educating and understanding investors about psychological issues, in addition to investors' familiarity with traditional financial issues, has always been a useful tool for dealing with financial and investment problems of individuals.
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