List of Articles financial literacy

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  1 - The impact of behavioral factors on Propensity toward indebtedness Case Study: Indebted‏‏‏ customers of Maskan Bank, Tehran province (Geographic regions: East)
  Bahar Azimi Doosti Abdolhosein Karampour
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  2 - The relationship between religious beliefs and Islamic financial literacy in master's degree students
  اسما اشرف گنجوئی شهناز نایب زاده
  Religious beliefs and practices, such as trust in the Lord will strengthen hope andoptimism in all phases of human life. In this paper, initially, the role of religious beliefsand the impact of religion on people's lives is expressed. Then the necessity andimportance of More

  Religious beliefs and practices, such as trust in the Lord will strengthen hope andoptimism in all phases of human life. In this paper, initially, the role of religious beliefsand the impact of religion on people's lives is expressed. Then the necessity andimportance of financial literacy on economic decisions has been analyzed. Commentsmaster's degree students from different universities about financial literacy and Islamicteachings have been studied. In the present study, data are collected by using aquestionnaire. The results of this study can be valuable for researchers and policy makersin universities. Manuscript profile
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  3 - The consequences of financial literacy on investment decisions and investment performance
  Saman Rahmani Esfanyar Mohammadi
  Due to the dynamic changes in the economic environment, particularly in financial markets, to improve the financial knowledge of investors, financial literacy is a necessity leading to informed financial decisions. This study aimed to identify the consequences of financ More

  Due to the dynamic changes in the economic environment, particularly in financial markets, to improve the financial knowledge of investors, financial literacy is a necessity leading to informed financial decisions. This study aimed to identify the consequences of financial literacy on investors' decisions and investment performance in Tehran Stock Exchange. In this field study, a standardized questionnaire was used for data collection. The population was composed of individual investors in the Tehran Stock Exchange, and of this population, 344 investors were selected by simple random sampling and were analyzed using Cochran formula. The structural equation modeling and LISREL software were used to assess the relationships between variables. The results of goodness of fit indices such as RMSEA, GFI and AGFI represented the good fit of the model and the utility of results. The results indicated that the impact of the financial attitude and behavior on financial investment decisions was significantly positive. The investment decision also had a significantly positive effect on investment performance Manuscript profile
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  4 - Financial Literacy Level of Tehran Households and its Determinant Factors
  Zahra Dianati Dilami Mohamma Hanifezadeh
  Nowadays financial instruments play an important role in human lifestyle. Bysurveying the evidence on financial literacy levels around the world, results show thatimproving financial literacy level of individuals will effect on the financial deals as wellas social welfa More

  Nowadays financial instruments play an important role in human lifestyle. Bysurveying the evidence on financial literacy levels around the world, results show thatimproving financial literacy level of individuals will effect on the financial deals as wellas social welfare. In order to introduce, measure and represente new methods ofimproving financial literacy, comprehensive national initiatives and programs funded bythe World Bank and other donors have sprung up around the world. In this survey wemeasured financial literacy level of Tehran households and its determinant factors by theuse of questioner. 410 households were randomly selected to participate in the survey.The results indicate that financial literacy of selected individuals is not desirable althoughinterested on using financial advice and having family financial advisor. Other factors(such as age, generation, education level, revenue level, wealth accumulation level,education field and location), surveyed as a separate assumption to the financial literacyof Tehran households. Their relation with financial literacy were confirmed and learningprograms and introducing by mass Medias are our offers for the first step. Manuscript profile
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  5 - Investigation of financial inclusion and financial literacy's Role in Perceived Investment Value in Tehran Stock Exchange
  maryam mirzaei zahra Shiraziyan
  The most important microeconomic theory and theories of modern finance is that the value of the investment, increase profitability, rationality and perfect information, lies. But recent research shows that the value of investment in various aspects and influenced by var More

  The most important microeconomic theory and theories of modern finance is that the value of the investment, increase profitability, rationality and perfect information, lies. But recent research shows that the value of investment in various aspects and influenced by various factors, including the role of financial inclusion and literacy. Leading financial inclusion and financial literacy study to evaluate the impact on the perceived value of investing in the stock market took place. This is a usability study of its kind, was a cross-sectional survey was conducted. The population of Hamedan an unlimited number of active investors in the stock exchange were estimated from a sample of 384 members was selected randomly and without replacement. Data collection instrument was a questionnaire and field data collection. In order to analyze the data structure based on partial least squares path modeling was used. The results showed that inclusion and financial literacy and Mvlfhhayshan significant impact on the perceived value of the investor's investment. As well as evidence of a direct and positive impact on the inclusion of financial literacy and financial parameters were observed. Manuscript profile
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  6 - Investigation Effect of Financial Literacy and Money Management on Personal Financial Management of Tehran stock exchange investors
  Zahra Shirazian
  The purpose of this research is to study the role of financial literacy and money management on personal financial management of Tehran Stock Exchange investors. This research, in terms of type, is a descriptive survey and is a quantitative and applied research that has More

  The purpose of this research is to study the role of financial literacy and money management on personal financial management of Tehran Stock Exchange investors. This research, in terms of type, is a descriptive survey and is a quantitative and applied research that has been implemented cross-sectionally. The statistical population of this study was investors in the Tehran Stock Exchange. The Morgan table used 384 people as sample by simple random sampling method. The data gathering tool was a standard questionnaire for financial literacy, money management and personal finance management. Validity of the questionnaires was assessed through factor validity and their reliability through Cronbach's alpha. Data were analyzed using partial least squares and Smart Pialas software. The findings of this study confirm the significant effect of financial literacy and money management and their components on personal financial management of Tehran Stock Exchange investors. The evidence did not show any indirect effect. Manuscript profile
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  7 - Measuring the Effectiveness of Financial Literacy Programs in Ghana
  A. Atakora
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  8 - Self-Control, Financial Literacy and Consumer Over-Indebtedness (Case Study: Yazd Tire Industries Complex)
  Mahmoud Moeinadin Mostafa Kazemi Aliabad forogh heyrani
  This research has been designed and implemented to assess the level of financial literacy of workers and to examine the effect of demographic (demographic) characteristics on financial literacy and the effect of financial literacy and self-control on their over-indebted More

  This research has been designed and implemented to assess the level of financial literacy of workers and to examine the effect of demographic (demographic) characteristics on financial literacy and the effect of financial literacy and self-control on their over-indebtedness. The population of the research includes the personnel of Yazd Tire company and the sample consisted of 170 employees selected by random sampling using Cochran's formula that after distributing the questionnaires and referrals and repeated follow-ups of the researcher, 107 acceptable questionnaires were collected. This study is comprised of three main hypotheses tested using two independent samples t-test and analysis of variance (ANOVA). In examining the various hypotheses, the results indicate that the workers are generally financially low in literacy. But they are literate in some areas of financial literacy, including savings and savings, spending and borrowing, insurance, and retirement. Also, the effect of self-control on the over-indebtedness of consumers is negative or inverse. Finaly the financial literacy have a negative effect on over-indebtedness and positive effect on self-control in view of financial perspective. Manuscript profile
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  9 - Identification of effective components in the formation of financial literacy of corporate executives using the phenomenological approach.
  Mahmoud Moeinadin mina abousaeidi forogh heyrani
  Due to the fact that all firms mangers’ decisions have financial effect, it is necessary to have at least the necessary knowledge of the financial rules (financial literacy) since they are effective in shaping these decisions. Financial literacy and its measuremen More

  Due to the fact that all firms mangers’ decisions have financial effect, it is necessary to have at least the necessary knowledge of the financial rules (financial literacy) since they are effective in shaping these decisions. Financial literacy and its measurement in different classes of society have been the issue of many internal and global researches; however, financial literacy of firm executives was received less attention in Iran. The present study aims to identify the effective factors in shaping the professional financial literacy of firm’s managers. The paradigm of this research was interpretative. Because employing the life experiences of people involved in this subject, the financial experts were necessary qualitative research method and the phenomenological approach and Collaizi’s seven steps method h were utilized and data was analyzed with software Nvivo 8. A snowball sampling method was used as it belonged to targeted sampling method for selecting the sample of the study to achieve the theoretical saturation principle, and the final sample consisted of ten financial experts. Based on the results, eleven main components were identified in the formation of financial literacy of managers. These components are the recognition and analysis of financial statements, familiarity with the laws of social security and labor insurance, familiarity with tax regulations and trade law and familiarity with the laws of the stock. Manuscript profile
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  10 - Presentation a model for Identifying Human Influencing Investors' Behavior in the Iranian Capital Market
  Arzoo Khosravani Ghodratallah Talebnia fatemeh sarraf
  ABSTRACTConsidering the importance of capital market as a source of financing for Iranian industries in this research, it is attempted to identify, classify and model factors affecting investors' behavior in Iranian capital market using qualitative research method. Acco More

  ABSTRACTConsidering the importance of capital market as a source of financing for Iranian industries in this research, it is attempted to identify, classify and model factors affecting investors' behavior in Iranian capital market using qualitative research method. Accordingly, by interviewing thirty senior experts, 16 key themes were identified based on a paradigm model and structured in six dimensions: motivation, personality, and attitude as "causal conditions"., Media as "interventionist", self-esteem, social status, and financial literacy as "context", social interactions, mental accounting, business intelligence, emotional intelligence, foresight and risk tolerance as "interactive dimension", behavior Investors as the "pivotal phenomenon" and the amount of market investment and capital market performance as the "consequence dimension". The quantitative part of the model was tested by structural equation modeling and the status of the variables was tested by one sample t-test. The capital market is inappropriate. It also found that financial literacy, business intelligence, and futures were the most important factors influencing investor behavior. Manuscript profile
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  11 - An Investigation into the effects of Investors’ Financial Literacy on Securities Investment Decisions
  Javad Moradi Mansoureh Izadi
  The purpose of this paper is to investigate determinants of investment decisions cinonsidering financial literacy of the individual investors. A modified questionnaire developed and divided into three parts. The first part covers demographic variables. The second part i More

  The purpose of this paper is to investigate determinants of investment decisions cinonsidering financial literacy of the individual investors. A modified questionnaire developed and divided into three parts. The first part covers demographic variables. The second part identifies factors affecting the investment decision of the investors. The third part is devoted to financial literacy using exam-type questions. A sample of 384 Iranian national investors is selected. The results indicate that there is a positive significant relationship between Individual imagination, accounting information, economic information, personal financial needs and investment decisions in Iran. There is a positive significant relationship between financial literacy and investment decisions in Iran, but this relationship is too weak and less than 10% of the variations of factors influencing investment decisions in Iran are explainable by the financial literacy level. In addition, the factors influencing investment decisions have greater sensitivity to financial literacy level in the field of nonfinancial jobs. Manuscript profile
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  12 - Dynamics of Investors’ Financial Literacy, Risk Perceptions and Emotions: Evidence from the Tehran Stock Exchange
  Abolhassan Jalilvand Mojtaba Rostami Noroozabad
  Financial literacy is believed to play an important role in understanding investors’ behavior both in advanced and emerging stock markets.  While previous studies have shown a positive association between improved financial literacy levels and the quality and More

  Financial literacy is believed to play an important role in understanding investors’ behavior both in advanced and emerging stock markets.  While previous studies have shown a positive association between improved financial literacy levels and the quality and performance of investors’ decisions, the dynamics of this process has not been adequately examined. This study develops an empirical model explaining the decision-making process that integrates the impact of investors’ financial literacy, emotions, and risk perceptions on investment decisions focusing on the financial markets of the Islamic Republic of Iran, mainly represented by the Tehran Stock Exchange (TSE). In particular, a three-dimensional process is used to provide a more robust measure of financial literacy represented by financial attitude, financial behavior and financial knowledge covering both basic and advanced financial knowledge levels. Using a large data set on investment behavior at the TSE in 2016, we find, unlike previous studies, no evidence on the impact of financial literacy on investors’ risk perception in Iran. On the other hand, financial literacy, risk perception and emotions collectively and significantly affect investors’ decisions at the TSE. We further find some evidence of gender specific effects. Manuscript profile
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  13 - The Role of Individual and Behavioral Characteristics On Demand for Financial Services
  Mahdi Moradi Saeedeh Aminzadegan Zakiyeh Marandi
  According to what is stated in behavioral finance issues is one of the most important factors affecting the demand for formal financial sector, behavioral characteristics of individuals. The present study aimed to explore the relationships between some individual and be More

  According to what is stated in behavioral finance issues is one of the most important factors affecting the demand for formal financial sector, behavioral characteristics of individuals. The present study aimed to explore the relationships between some individual and behavioral characteristics and demand for financial services, is trying to score as behavioral characteristics, including financial literacy, per capita expenditure, age, risk aversion, interest in financial matters, fatalism , education and the savings on the demand for financial services. The statistical population of the present study is Householders metropolis of Mashhad and surrounding rural areas in the period of 2015-2016. The sample size was 290 people who were selected by  using available sampling method .Binary logistic regression was used to analyze the research hypotheses. The results showed that the behavioral characteristics of individuals only expenditure per capita, age, interested in financial issues and the savings impact on the demand for financial services. Furthermore, as the interaction effect between age and the rural and urban on willingness to invest in life insurance and investment.   Manuscript profile
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  14 - Designing an investment development model in the Tehran Stock Exchange based on the central role of Islamic Republic of Iran Broadcasting, IRIB.
  Mohsen Nazari Seyed Masoud Mohseni Seyed Vahid Aghili seyed Mahdi Sharifi
  The development of investment culture in the stock exchange and the role of the mass media have been tied together to promote the financial literacy and media literacy of the people to improve the economy of the country. The coherence and efficiency of the stock exchang More

  The development of investment culture in the stock exchange and the role of the mass media have been tied together to promote the financial literacy and media literacy of the people to improve the economy of the country. The coherence and efficiency of the stock exchange requires smart and well-informed investors to be educated, informed, trusted, pervasive, transparent, preventing deviations, and accessible via national media. As UNESCO's definition of literacy also has media and financial dimensions. Therefore, in this research, the interaction between the Stock Exchange Organization and the IRIB Organization was studied and TV capacities were identified for developing investment in Stock Exchange by Delphi. This research was carried out with qualitative method and semi-structured interviews with 30 senior executives of IRIB and directors of stock brokers. The result of the theory shows that the main phenomenon of such an interactive is this title "event oriented, representation and analysis role of TV", Influenced by variables such as the political factors governing TV, competitive mindset of TV networks, audience trust, responsibility of the authorities in the language of the media, Attract and persuade the maximum audience to explain the financial literacy and investment development in the stock exchange.     Manuscript profile
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  15 - The effect of financial literacy on Machiavellian personality of Tehran exchange market investors
  Karim Ghalmegh Ahmad Yaghoobnezhad Mirfeiz Fallah Shams
  Financial literacy and behavioral biases (Machiavellian personality) are critical factors affecting the financial decisions and behaviors of investors. We survey 285 individual stock investors to measure their financial literacy, to examine their behavioral biases and t More

  Financial literacy and behavioral biases (Machiavellian personality) are critical factors affecting the financial decisions and behaviors of investors. We survey 285 individual stock investors to measure their financial literacy, to examine their behavioral biases and to investigate the relationship between financial literacy and behavioral biases. This study was conducted in 20015 and 2016 years in Tehran stock exchange market, brokers and investment companies in Iran. Standard international questionnaire (after localization) was distributed among the investors and the answers were gathered, then variables were measured using multivariate regression in SPSS. In spite of research literature in the local context which offers a model for measuring financial literacy, this study specifically tends to find out the relationship between financial literacy and the behavioral biases among the Investors Results suggest that there is negative significant relationship between the financial literacy and the Machiavellian personality in Tehran Stock exchange market Investors. Manuscript profile
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  16 - Analysis of the Behavior of Individual Investors Based on the Theory of Planned Behavior: With Emphasis on Optimism-Pessimism and Financial Literacy
  Mohammad Nazaripour Babak Zakizadeh
  10.30486/fbra.2023.1979665.1180
  Among the requirements for capital markets development is to analyze the individual investors' behavior from the different aspects. In this study, the individual investors' behavior has been investigated based on the expanded theory of planned behavior (including two va More

  Among the requirements for capital markets development is to analyze the individual investors' behavior from the different aspects. In this study, the individual investors' behavior has been investigated based on the expanded theory of planned behavior (including two variables: optimism-pessimism and financial literacy). The required data were collected through the distribution of questionnaires among 266 individual investors. Data analysis was performed using structural equation modeling in the form of SmartPLS version 3 and SPSS version 26 software. According to the research findings, all 10 research hypotheses were confirmed. Out of 10 hypotheses, 7 are related to direct effects and 3 are related to indirect effects. This means that the variables of attitude, subjective norms, perceived behavioral control, and optimism-pessimism have a positive and significant effect on people's investment intention. In addition, variables of optimism-pessimism and financial literacy have a positive and significant effect on attitude. Also, the variable of financial literacy has a positive and significant effect on the variable of perceived behavioral control. Based on the research findings, the variables of attitude and the perceived behavioral control have a mediating effect on the relationships between optimism-pessimism and financial literacy variables with people's investment intention. Finally, based on the research findings, the implementation of the extended planned behavior theory in the capital market can help the growth and development of this market. Manuscript profile
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  17 - The Effect of Financial Literacy on the Financial Behavior of Senior Tax Auditors, Considering the Mediating Role of Financial Socialization
  fatemeh ehghaghi Zohreh Zivdar
  10.30486/fbra.2023.1991755.1208
  The purpose of this research is to investigate the effect of financial literacy on the financial behavior of senior tax auditors, considering the mediating role of financial socialization. The current research is applied in terms of purpose, and in terms of nature, it i More

  The purpose of this research is to investigate the effect of financial literacy on the financial behavior of senior tax auditors, considering the mediating role of financial socialization. The current research is applied in terms of purpose, and in terms of nature, it is descriptive research, and in terms of correlation type. By referring to the human resources section of the General Administration of Tax Affairs of Isfahan Province; The number of the statistical population of the research including all the senior tax auditors of Isfahan, Shahin Shahr and Mimeh was announced as 450 people. Accordingly, the sample size was selected as 207 people based on Cochran's formula, which were considered by stratified random sampling. The research tool included a questionnaire of 43 questions, in the sections of financial socialization with 9 questions, financial literacy with 11 questions and financial behavior with 23 questions, whose validity was confirmed in a formal and structural way, and its reliability was also based on alpha Cronbach's value of 0.83 has been confirmed. The collected data were analyzed based on structural equation path analysis in AMOS software. The results showed that the financial literacy of senior tax auditors had an effect on the auditors' financial behavior. Also, the results of the Sobel test indicated that financial literacy has an effect on financial behavior with the mediating role of financial socialization. Manuscript profile
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  18 - The Moderating Role of Media Financial Literacy on the Relationship Between Behavioral Orientation and Investment Decisions with a Focus on Individuals' Gender
  Hadiseh Darvish Mohsen Hashemi Gohar Khalil Shekasteh Band
  10.30486/fbra.2023.2000227.1240
  The purpose of this research is to investigate the moderating role of media financial literacy on the relationship between behavioral orientation and investment decisions, emphasizing the gender of individuals. The current research is applied in terms of purpose and des More

  The purpose of this research is to investigate the moderating role of media financial literacy on the relationship between behavioral orientation and investment decisions, emphasizing the gender of individuals. The current research is applied in terms of purpose and descriptive-correlation in terms of data collection. A standard questionnaire was used to collect information, and the statistical population is all people working in the profession of auditing and accounting with all their job levels and working in the private and public sector in 1402. Using Cochran's formula, the statistical sample of the research was 384 people and sampling was also done by simple random sampling. By using structural equations by Smart Pls3 software, the validity of the research hypotheses was checked and the results of the hypothesis test showed that overconfidence, herd behavior, mood, risk aversion and media financial literacy influence investment decisions in investors. Mr. and Mrs. is the work. Also, the results showed that media financial literacy moderates the relationship between overconfidence, herd behavior, mood and risk aversion with the investment decisions of male and female investors. Manuscript profile
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  19 - Contently analyzing the primary- school textbooks: regarding the components of financial and economical literacy
  leila Alizadeh Katanlouei Gholamali Ahmadi Seyyed Mohamadreza Emam jomae
  The aim of this very study is investigating the components of financial and economic literacy in the contents of the primary-school textbooks in Iran. The research method is of the content analysis type and the research population is the primary- school textbooks of the More

  The aim of this very study is investigating the components of financial and economic literacy in the contents of the primary-school textbooks in Iran. The research method is of the content analysis type and the research population is the primary- school textbooks of the academic year 1391-1392. The sample size includes all the contents of the mathematic books (grade 1 to 6), social studies books (grade 6), and social teaching books (grade 3) as well as the civil parts of the social teaching books (grade 4& 5). In order to gather the required data, encoded content analysis forms with focus on the four fundamental components of financial literacy and four fundamental components of economical literacy are used. The face and content validity of the instruments have been verified by the experts of the field. Based on Holsti's method, the reliability of the instrument is also estimated as 95% for economic literacy and 93% for financial literacy. The results reveals that the components of economic and financial literacy are differently paid attention in these textbooks; in that, the economic literacy components are considered more than financial literacy components. According to results of this study and the prominent role of the financial and economical literacy in these days, more emphasis on financial and economic components in the contents of the primary school textbooks is required. Manuscript profile
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  20 - Designing and Validation the Optimal Model of Financial Literacy Curriculum for Junior High School Students
  nafiseh abaspour javad hatami Alireza sadeghzadeh Mohsen eimani Adel Peighami
  10.30486/jsre.2022.1938995.1976
  The aim of this study was to design and validate the optimal model of financial literacy curriculum for junior high school students. In order to collect data, qualitative approach was used using comparative method and research documents. The study population consisted o More

  The aim of this study was to design and validate the optimal model of financial literacy curriculum for junior high school students. In order to collect data, qualitative approach was used using comparative method and research documents. The study population consisted of financial literacy documents during 2000-2020. Sampling was done purposefully and the sample size consisted of 90 documents. The basis of data analysis and coding was the theme unit. Data validity was obtained through triangulation and checking of principal researcher colleagues and accreditation through re-implementation. The findings were explained in accordance with Akker's model in the form of components of financial literacy curriculum including logic, objectives, content, learning opportunities, resources, teacher role, time, space, grouping and evaluation. In order to validate the proposed model, focal group method was used. Based on the results, the characteristics of the objectives of the financial literacy curriculum were prioritized as follows: 1) preparing adolescents for financial management, 2) achieving financial security in individual, family and social dimensions, 3) short planning Long-term and long-term financial, 4) financial foresight and responsibility, 5) financial self-efficacy and entrepreneurship, 6) creating critical attitudes toward financial issues, 7) strengthening the power of analysis and solving financial problems, and 8) Internalizing religious and moral values. Also, the development of national standards of financial literacy was proposed. Manuscript profile
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  21 - Identifying and explaining the topics in the financial literacy training using fuzzy Delphi approach
  Fatemeh Kazempour Dizaji Mohammadhamed Khanmohammadi Mahmood Moeinuddin
  10.22034/amfa.2021.1915745.1519
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  22 - Identifying the Effective Factors on Investors' Behavior and Developing a Measurement Model
  Eslam Shafeie noghlebari Seyed mozaffar Mirbargkar Ebrahim Chirani mohamad Reza vatanparast
  10.22034/amfa.2021.1943842.1650
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  23 - Presenting and explaining the model of the role of behavioral characteristics and financial literacy of real investors on their financial management components in the Iranian capital market
  RouhAllah gheysari Allah Karam Salehi Soghra Ghobadi
  10.22034/amfa.2022.1912745.1503
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  24 - Investigating the effect of financial literacy on the financial behavior of secondary school students with the mediating role of emotional quotient and moral values
  Seyed Jamaladdin Tabatabaei Mazrano محمود معین الدین Akram Taftiyan
  Background and Purpose: This research was carried out with the aim of investigating the effect of financial literacy on the financial behavior of second year high school students, taking into account the mediating role of emotional and moral quotient in the period from More

  Background and Purpose: This research was carried out with the aim of investigating the effect of financial literacy on the financial behavior of second year high school students, taking into account the mediating role of emotional and moral quotient in the period from October 1402 to December 1402. Methodology: Library sources, articles, and books were used to collect information in the field of theoretical foundations and literature. Collecting data and information for analysis is done by field method and the method of data analysis is inferential type. In order to test the hypotheses of the research, the structural equation modeling (SEM) system was estimated with the approach of the partial least squares method and the use of Smart PLS software. Findings: The results of the research hypotheses test show that financial literacy has an effect on the financial behavior of second year high school students. Financial literacy affects students' financial behavior through the emotional factor. Also, financial literacy has an effect on students' financial behavior through emotional and moral coefficients. Discussion: The higher the level of financial literacy a person has, the more his personal beliefs and values overshadow him and influence his decisions to carry out or not carry out financial activities. Also, emotional intelligence can improve a person's power in strengthening, acquiring and applying financial literacy and its role in financial decisions and behaviors. In addition, paying attention to moral values along with strengthening financial literacy makes students perform beliefs. Manuscript profile
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  25 - Drawing a map of the research process in the field of financial literacy indexed in the web-of-science database using bibliometric techniques.
  Seyyed Jamaladdin Tabatabai Mazreno Mahmoud moeinaddin Akram Taftiyan
  The purpose of this research is to analyze and illustrate financial literacy articles, which have been investigated and identified semantic relationships between keywords in the field of financial literacy in the period 1964-2022 (unlimited) in the Web oScience database More

  The purpose of this research is to analyze and illustrate financial literacy articles, which have been investigated and identified semantic relationships between keywords in the field of financial literacy in the period 1964-2022 (unlimited) in the Web oScience database using vocabulary co-occurrence analysis and co-authorship. . Finally, 566 articles were extracted from the researched database and analyzed using Visweaver version 1.6.19 software. The results showed that the field of financial literacy is related to words such as education, knowledge, attitude, credit, performance, financial knowledge and self-efficacy, and the word "financial literacy" is the most frequent word in terms of frequency and has the highest co-occurrence with 186 occurrences. Based on the co-authored results of the countries, it was also determined that America, China and England are among the active countries in the world. Finally, the results of the co-authored map of the authors also showed that Losardi and Annamaria had the most cooperation. This study not only helps to expand the knowledge base about the research topic, but also helps to understand the evolution of financial literacy and related areas. Manuscript profile
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  26 - Presentation of a framework to deploy and Strategic development the continuous system of financial literacy in the high schools of Tehran
  Majid Ghaderi Rahaghi
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  27 - The Effect of Financial Literacy on Behavioral Biases of Overconfidence and Herding Behavior and Analysis of their Effect on Investors' Performance in Tehran Stock Exchange Using Structural Equation Modeling
  Amin Roshangarzadeh mohsen dastgir rahman saedi
  Behavioral psychologists believe that people consistently tend to act in erratic ways when making decisions about their investments. In the other words, these researchers believe that investors are actually irrational and show behavioral biases. The purpose of this arti More

  Behavioral psychologists believe that people consistently tend to act in erratic ways when making decisions about their investments. In the other words, these researchers believe that investors are actually irrational and show behavioral biases. The purpose of this article is to investigate the effect of the dimensions and functions of financial literacy on the behavioral biases, including overconfidence bias and herding behavior bias, and to analyze their effect on each other and on the performance of investors in the Tehran Stock Exchange. For this purpose, a statistical sample was collected through a questionnaire from among 509 investors in the Tehran Stock Exchange. Also, PLS software was used to analyze the model. The results of this research showed that financial literacy has a significant effect on overconfidence behavioral biases and herding behavior among investors. Also, the results showed that the mentioned biases have a significant effect on the performance of investors. Manuscript profile
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  28 - Effect of financial literacy on the relationship between self-control and financial behavior and financial well-beingof individual investors in Tehran Stock Exchange
  manizheh mohammadi arash naderian Majid Ashrafi Jomadoordi Gorganli davaji
  Capital markets have an important role in the economy, so their proper performance will be a key factor in ensuring economic growth, so if capital markets are efficient, economic development will be realized. On the other hand, since currently the country's capital mark More

  Capital markets have an important role in the economy, so their proper performance will be a key factor in ensuring economic growth, so if capital markets are efficient, economic development will be realized. On the other hand, since currently the country's capital market has been welcomed by investors, it is undoubtedly very important to examine the behavior patterns of investors. Therefore, in this study, the effect of self-control behavioral bias on financial behavior and financial well-being was investigated through the moderating role of investors' financial literacy. For this purpose, the statistical population included individual investors, traders and brokers of Tehran Stock Exchange who were directly active in the market. Also, the statistical sample was determined using Cochran's formula of 421 people. To analyze the data, the PLS structural equation model was used. The results showed that the self-control variable has a significant positive effect on financial behavior, financial well-being and In the sense that with the increase of self-control of stock market investors, their financial behavior and financial well-being will increase. Also, by introducing the variable of financial literacy as a moderating variable, the intensity of the relationship between self-control and behavior and financial well-being increases. In the sense that the financial literacy of individual stock market investors increases the positive relationship between self-control and their behavior and financial well-being. Manuscript profile
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  29 - The impact of health expenditure on the stability of the banking sector considering the role of financial literacy and financial inclusion: a case study of selected oil countries
  marwan abdolrazagh matar hosein sharifi renani adeeb GHasem SHandi bahar hafezi
  Introduction: The banking industry is very important in the global economy; therefore, the stability of this sector is important and it is necessary to examine the factors affecting it. Among these factors, we can refer to health expenses. Inclusion and financial litera More

  Introduction: The banking industry is very important in the global economy; therefore, the stability of this sector is important and it is necessary to examine the factors affecting it. Among these factors, we can refer to health expenses. Inclusion and financial literacy are also mentioned as other factors affecting banking stability. Methods: In order to analyze the data, panel data regression method was used. The statistical sample of the research is 12 selected oil exporting countries including Algeria, Indonesia, Ecuador, Iraq, Iran, Libya, Kuwait, Nigeria, Venezuela, Saudi Arabia, Angola and UAE. Results: The findings of the research showed that the health expenditure variable had positive and significant effects on the bank stability variable. Financial inclusion had negative and significant effects on banking stability variable, while financial literacy had positive and significant effects on banking stability in the studied countries. Conclusion: A strong health care system provides improved medical facilities, which increases the ability and longevity of households. This increase in life expectancy and ability improves the income of households, and as a result, the amount of savings and bank deposits has increased, which can improve the financial stability of banks through the strengthening of banks' capital. Manuscript profile
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  30 - The Impact of Leadership Style on Financial Literacy of Employees Regarding the Role of Organizational Climate and Learning in the Welfare Fund of Students of the Ministry of Science and Research & Technology
  Mohammadhasan kafaeimehr Mohammadreza mardani Sedigheh toohian esfahani
  The role of leadership is on the improvement and growth of financial literacy of undeniable employees, so that people with financial literacy in the economic environment will have an effective effect on achieving short- and long-term goals for managers. Therefore, the p More

  The role of leadership is on the improvement and growth of financial literacy of undeniable employees, so that people with financial literacy in the economic environment will have an effective effect on achieving short- and long-term goals for managers. Therefore, the purpose of this research is to determine the impact of leadership style on financial literacy Staffing, the impact of leadership style on the organization's learning on financial literacy, determining the impact of leadership style with respect to business on financial literacy and determining the impact of learning on the organizational climate of staff members of the Welfare Fund of the Ministry of Science, Research and Technology. In this research, the dependent variable is the financial literacy of employees and the independent variable of staff leadership style, but it should be mentioned as the role of organizational and learning mediator. In this research, which is a descriptive survey research, the statistical population is the staff of the Welfare Fund of Students whose total number is 250, of which 150 completed questionnaires were completed and analyzed using pls, spss software. The reliability of the leadership questionnaire was determined using Cronbach's alpha (0.937), Organizational Climate Questionnaire (0.784), and Learning Questionnaire (0.919). Using Cochran's formula, the data was normalized. The results showed that leadership style, both directly and through organizational learning and organizational climate, had a significant effect on financial literacy of individuals. Also, results showed that organizational climate has a positive and significant effect on organizational learning. Manuscript profile
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  31 - Firm Risk Management and Firm Performance by the Role of Competitive Advantage and Financial Literacy
  Zohreh Arefmanesh Zohreh Arefmanesh Hamed Shokohi
  10.30495/faar.2022.693670
  AbstractImportant changes in business environment and acceleration of technological change have made the business environment very complex and uncertain. Risk management is one of the solutions for companies to deal with uncertainty in the business environment, which ha More

  AbstractImportant changes in business environment and acceleration of technological change have made the business environment very complex and uncertain. Risk management is one of the solutions for companies to deal with uncertainty in the business environment, which has an effective role in maintaining and improving efficiency and effectiveness and, consequently, improving company performance. In addition, risk management is an important factor in controlling costs and diversification product and, consequently, achieving competitive advantage that leads to better performance. However, presence of financially educated managers (financial literacy of managers) in the risk management process facilitates achieving competitive advantage and better performance. The aim of this study is to investigate the relationship between enterprise risk management and company performance with mediating role of competitive advantage and moderating role of financial literacy in manufacturing firms of Yazd industrial town. Data were collected using questionnaire and analyzed by structural equation modeling. The results of 220 completed questionnaires show that the relationship between competitive advantage and company performance is not statistically significant, but risk management has a positive and significant relationship with competitive advantage and company performance. Also, the relationship between financial literacy and competitive advantage is positive and significant. The mediating role of competitive advantage in the relationship between risk management and company performance is not confirmed, but the moderating role of financial literacy in the relationship between risk management and competitive advantage is accepted. Manuscript profile
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  32 - Developing the Financial Literacy Education Model in Iran using the Grounded Theory Approach
  Fatemeh Kazempour dizaji mohammadhamed khanmohammadi Mahmoud Moeinuddin
  Financial literacy is the possession of skills and knowledge that allows an individual to make informed and effective decisions. In this regard, the purpose of the present study is to develop a model for financial literacy education in Iran using the Grounded Theory app More

  Financial literacy is the possession of skills and knowledge that allows an individual to make informed and effective decisions. In this regard, the purpose of the present study is to develop a model for financial literacy education in Iran using the Grounded Theory approach. The dominant paradigm of the present research is the interpretive and its required data were collected using semi-structured interviews and snowball sampling method. The research interviewees include accounting and financial experts and professors. The open coding method which is specific to the grounded theory approach was used to analyze the research data and conceptual, main and macro categories were extracted. Finally, financial literacy education model were presented including causal, structural, intervener factors as well as strategies for financial literacy education and the consequences of implementing the correct financial literacy education system. The research results shows the main topics that can be used for designing, developing and implementing financial literacy education program in Iran include general headlines, income and savings management, risk management and cost management. Manuscript profile
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  33 - Evaluating the effectiveness of financial therapy on financial literacy, personal financial management and money management, to fuzzy logic
  najmeh tavakoli Zaniyani Masoud taherinia Daruosh Jalali Ebrahim Givaki
  The commitment and acceptance financial therapy helps individual to by teaching them financial skills along with changes in monetary beliefs and financial behaviors. to have an overview of his/her own set of decisions and reduce the effect of mental errors on financial More

  The commitment and acceptance financial therapy helps individual to by teaching them financial skills along with changes in monetary beliefs and financial behaviors. to have an overview of his/her own set of decisions and reduce the effect of mental errors on financial decisions.This is a practical and quasi-experimental study. The statistical population of the study was 20 bazaars in Shahrekord in 2020 who underwent training and interventions related to financial therapy based on acceptance and commitment in 10 sessions of 120minutes and completed the research questionnaires before and after training. In order to analyze the data in the traditional way, SPSS25 statistical software and Matlab software were used for fuzzy data analysis. The results show that financial therapy based on the approach of acceptance and commitment to increase financial literacy, improve money management And personal financial management are effective in both quantitatively and qualitatively.Another result of this study is more accurate measurement of fuzzy model for evaluating the effectiveness of financial therapy based on acceptance and commitment than the traditional evaluation method. Manuscript profile
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  34 - The effect of financial literacy and risk perception on investment delection in tehran stock exchange
  ATENA HASANZADEH Abdolmajid Dehghan mohsen alikhani
  The purpose of this study is to identify the factors affecting investment decisions and to investigate the relationship between the level of financial literacy of investors and their investment decisions. This is a correlation study and a questionnaire was used to colle More

  The purpose of this study is to identify the factors affecting investment decisions and to investigate the relationship between the level of financial literacy of investors and their investment decisions. This is a correlation study and a questionnaire was used to collect data. This questionnaire identifies the factors affecting investor decisions, as well as assesses the level of financial literacy and risk perception of investors. The results show that individual mentality, accounting information, economic information, and personal financial needs affect investment decisions in Iran. While there is no meaningful relationship between financial literacy and investor decisions. It was also determined that age, gender, marital status does not have a significant relationship with investors' decisions, but the level of education has a direct and meaningful relationship with the financial literacy of investors. In addition, the result shows that taking into account the level of risk perception of investors, their risk appetite is influenced by their investment decisions. Manuscript profile
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  35 - Investigating the Status of Financial Literacy Components Among Students of Farhangian University
  Mohsen Molapanah , Yousef Namvar Azam Rastgoo majid ahmadlu Touran Soleymani Mollayousef
  The present study was conducted with the aim of investigating the status of financial literacy components among students of Farhangian University. The research method was descriptive and cross-sectional survey. The statistical population of this research included all gr More

  The present study was conducted with the aim of investigating the status of financial literacy components among students of Farhangian University. The research method was descriptive and cross-sectional survey. The statistical population of this research included all graduate students of Farhangian University of Ardabil province, numbering 1314 people 278 of whom were selected as the sample using available sampling method following Morgan's Table. The data collection tool was a researcher-made questionnaire, whose validity was confirmed using the AVE index and face validity. The value of the AVE index for each of the components of financial literacy (financial knowledge, financial attitude and financial behavior) was greater than 0.5, and in terms of formal validity, the questionnaire was reviewed and confirmed by subject experts. Also, the reliability was estimated through two combined reliability indices and Cronbach's alpha coefficient yielding a value above 0.7 for each of the components of financial literacy (financial knowledge, financial attitude and financial behavior). To analyze the data, a one-sample t-test was used via SPSS 22 software. The results showed that parents' education, student's income, place of residence and gender respectively have the greatest effect on the behavior, attitude and financial knowledge of students of Farhangian University. Manuscript profile
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  36 - Identifying factors affecting financial literacy: a review study
  mohsen molapanah Yousef Namvar azam rastgoo majid ahmadlu turan soleimani
  Financial literacy has become an important concern due to the changing financial landscape in recent years. The purpose of this research is to identify the factors affecting financial literacy. The study was conducted using a qualitative and library method. Descriptive More

  Financial literacy has become an important concern due to the changing financial landscape in recent years. The purpose of this research is to identify the factors affecting financial literacy. The study was conducted using a qualitative and library method. Descriptive research method is an analysis done using library resources. In order to conduct this research, published articles, documents and research related to the subject of financial literacy using the keywords of factors affecting financial literacy, financial literacy, financial attitude, financial behavior, financial knowledge and also the English translation of these keywords in the databases Authentic information was searched, including the database of the Academic Jihad Scientific Information Center, Google Scholar, Maghiran, and the comprehensive human sciences database. The findings of this study indicate that various factors are effective in people's financial literacy, which include various important factors such as gender, age, marriage, education, income and employment, attitude and behavior. In general, the basic idea behind financial literacy is the knowledge of personal financial management by each individual. But no one can manage their funds effectively without financial skills and knowledge. Dominant socio-demographic factors: age, gender, income, education and psycho-social factors: revealed religious prejudice, despair and financial satisfaction. This research has been done in line with the development of the theoretical framework of factors affecting financial literacy based on the reviews of recent studies. Manuscript profile
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  37 - Analytical investigation in the evolution of financial literacy and financial behavior: a bibliometric approach
  Kazem Dehnad Reza Gholami Jamkarani
  10.30495/afi.2023.1952367.1106
  Purpose: Despite the numerous exploratory, conceptual, and empirical investigations that have been conducted in the fields of economics, finance, business, and management on financial behavior and literacy, no comprehensive science mapping has been presented to date. Th More

  Purpose: Despite the numerous exploratory, conceptual, and empirical investigations that have been conducted in the fields of economics, finance, business, and management on financial behavior and literacy, no comprehensive science mapping has been presented to date. Therefore, the purpose of this study is to identify trends in the research field through the synthesis of knowledge structures.Methodology: A bibliometric investigation was conducted on a selection of 1,138 documents in the realm of financial literacy and financial behavior, utilizing a scientific search strategy implemented on the Web of Science database during the 1995-2022 period. The study was carried out using Biblioshiny, a web-based application that is part of the Bibliometrix package designed in R-language. The software's automated workflow facilitated the identification of distinguished journals, authors, countries, articles, and themes, and enabled the conduction of citation, co-citation, and social network analyses.Findings: The findings indicate that financial literacy and behavior have developed as an interdisciplinary domain over time. Initially, researchers concentrated on demographic and socioeconomic factors, but the domain later expanded to encompass themes such as behavioral and psychological constructs that impact financial behavior. This research not only unveils the conceptual framework of the domain but also its intellectual and social structure. The study offers valuable insights into areas that require further research.Originality / Value: In the past, a great deal of theoretical and practical research has been carried out on financial literacy and behavior in various countries, covering diverse fields such as economics, finance, psychology, and consumer behavior. One of the major contributions of this study is that it integrates and unites scattered literature in this area, and identifies important sources, authors, and documents, while examining the link between financial literacy and financial behavior. Manuscript profile
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  38 - Investigating the short-term and long-term effects of financial literacy, financial inclusion and social development on financial stability in OPEC countries using the PARDL method
  marwan abdolrazagh matar hosein sharifi renani adeeb GHasem SHandi Bahar Hafezi
  Social development is the process of creating fundamental transformations with the aim of social integration, social cohesion, and accountability of facilities brokers and powerful organizations, which can have economic consequences due to its multidimensional nature. A More

  Social development is the process of creating fundamental transformations with the aim of social integration, social cohesion, and accountability of facilities brokers and powerful organizations, which can have economic consequences due to its multidimensional nature. Among these consequences, we can refer to the category of financial stability. In addition, financial inclusion and financial literacy are two other concepts that can be related to financial stability. In this regard, in this research, the short-term and long-term effects of financial literacy, financial inclusion and social development on financial stability in 17 OPEC member countries including Algeria, Iran, Iraq, Kuwait, Libya, Solomon Islands, Qatar, Saudi Arabia, United Arab Emirates, Ecuador, Angola, Venezuela, Nigeria, Gabon, Guinea, Congo and Indonesia are covered during the years 2010 to 2023. In order to analyze the data, the panel data regression method with the autoregression approach with PARDL distribution breaks has been used. The findings of the research showed that the promotion of social development can have a positive and strengthening role in the financial stability of the studied countries in the short and long term. Other findings showed that financial inclusion had a negative effect in the short term, but a positive and significant effect on financial stability in the studied countries in the long term. It was also observed that finally, financial literacy has been able to improve financial stability in the studied countries both in the short term and in the long term. Based on this, it is concluded that social development, due to its broad dimensions, as well as financial inclusion and financial literacy, should be considered as effective factors on financial stability in the countries under review, both in the short term and in the long term. There should be an opinion. Manuscript profile