Determinants of Improving the Financial Security of Retired Women in Malaysia

• 발행기관: 한국유통과학회
• 저자명: Halimatul Nadia ZAINUDDIN Nor Edi Azhar MOHAMAD R. Jegatheesan V. RAJADURAI Noraina Mazuin SAPUAN
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 9 No.6, 11~21쪽, 전체 11쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2022.06.30

영문 초록

The perspectives on aging women’s financial security during their retirement years are based on their behavior, planning, and decisionmaking processes during their working years. Elderly women are considered vulnerable and have a longer life expectancy, lower-income, and limited financial understanding compared to males; therefore, drastic steps need to be taken to improve their financial stability and quality of life. The current study sought to determine the most important contributors to retired women’s financial health by measuring the value of four factors/variables: capability, opportunity, willingness, and biopsychosocial. This study used a mixed model approach, with qualitative analysis in the first phase involving a focus group discussion session, a pilot analysis, and quantitative analysis for phase two involving the distribution and collection of questionnaires completed by retired women. The surveys were distributed across Malaysia in five distinct zones and yielded 339 usable replies to support the theory. The outcomes of the Multiple Regression Analysis in Malaysia revealed that capability, opportunity, and biopsychosocial factors are significant predictors of retired women’s financial security, whereas the willingness indicator lacked statistical significance.

목차

1. Introduction

2. Literature Review

3. Conceptual Framework

4. Methodology

5. Results and Discussion

6. Conclusion and Limitations

References

키워드

Capacity Opportunity Willingness Biopsychosocial Retirement