FINANCIAL DECISION MAKING AND TRADING ACTIVITIES OF INVESTORS: ROLE OF FINANCIAL MANAGEMENT CHALLENGES AND DIGITAL FINANCIAL KNOWLEDGE IN RETAIL SECTOR
This study explores the impact of financial management challenges, financial decision-making, and digital financial knowledge on the trading activities of retail store dealers in China’s retail sector. Specifically, it examines how financial decision-making mediates and digital financial knowledge...
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| Format: | Article |
| Language: | English |
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Regional Association for Security and crisis management, Belgrade, Serbia
2024-06-01
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| Series: | Operational Research in Engineering Sciences: Theory and Applications |
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| Online Access: | http://oresta.org/menu-script/index.php/oresta/article/view/779 |
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| _version_ | 1846140305373396992 |
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| author | Minjie Zhang Rozaini Rosli |
| author_facet | Minjie Zhang Rozaini Rosli |
| author_sort | Minjie Zhang |
| collection | DOAJ |
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This study explores the impact of financial management challenges, financial decision-making, and digital financial knowledge on the trading activities of retail store dealers in China’s retail sector. Specifically, it examines how financial decision-making mediates and digital financial knowledge moderates the relationship between financial challenges and trading behaviors. Using a structured survey, data were gathered from a sample of 339 retail store dealers across various Chinese cities. The analysis was conducted through Partial Least Squares Structural Equation Modeling (PLS-SEM) to examine the structural relationships and measure the influence of each construct on trading activities. Results indicate that financial management challenges significantly influence trading activities among retail dealers. Financial decision-making plays a mediating role between financial challenges and trading behaviors, while digital financial knowledge moderates this relationship, enhancing the effect of financial management challenges on trading activities. This highlights the importance of both decision-making processes and digital knowledge in adapting to financial challenges within the retail sector. This study contributes to the understanding of financial behavior in the retail industry by showcasing the interaction of financial decision-making and digital financial literacy as mechanisms for managing trading activities amid financial challenges. These findings provide actionable insights for retail practitioners and policymakers focused on improving financial resilience and trading strategies in China’s retail industry.
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| format | Article |
| id | doaj-art-d13bd7333f2f4f1584d15f021b6f9d66 |
| institution | Kabale University |
| issn | 2620-1607 2620-1747 |
| language | English |
| publishDate | 2024-06-01 |
| publisher | Regional Association for Security and crisis management, Belgrade, Serbia |
| record_format | Article |
| series | Operational Research in Engineering Sciences: Theory and Applications |
| spelling | doaj-art-d13bd7333f2f4f1584d15f021b6f9d662024-12-05T15:38:42ZengRegional Association for Security and crisis management, Belgrade, SerbiaOperational Research in Engineering Sciences: Theory and Applications2620-16072620-17472024-06-0172FINANCIAL DECISION MAKING AND TRADING ACTIVITIES OF INVESTORS: ROLE OF FINANCIAL MANAGEMENT CHALLENGES AND DIGITAL FINANCIAL KNOWLEDGE IN RETAIL SECTORMinjie Zhang0Rozaini Rosli1Faculty of Business, Lincoln University College, Malaysia.Faculty of Business, Lincoln University College, Malaysia. This study explores the impact of financial management challenges, financial decision-making, and digital financial knowledge on the trading activities of retail store dealers in China’s retail sector. Specifically, it examines how financial decision-making mediates and digital financial knowledge moderates the relationship between financial challenges and trading behaviors. Using a structured survey, data were gathered from a sample of 339 retail store dealers across various Chinese cities. The analysis was conducted through Partial Least Squares Structural Equation Modeling (PLS-SEM) to examine the structural relationships and measure the influence of each construct on trading activities. Results indicate that financial management challenges significantly influence trading activities among retail dealers. Financial decision-making plays a mediating role between financial challenges and trading behaviors, while digital financial knowledge moderates this relationship, enhancing the effect of financial management challenges on trading activities. This highlights the importance of both decision-making processes and digital knowledge in adapting to financial challenges within the retail sector. This study contributes to the understanding of financial behavior in the retail industry by showcasing the interaction of financial decision-making and digital financial literacy as mechanisms for managing trading activities amid financial challenges. These findings provide actionable insights for retail practitioners and policymakers focused on improving financial resilience and trading strategies in China’s retail industry. http://oresta.org/menu-script/index.php/oresta/article/view/779Financial management challengesFinancial decision makingDigital financial knowledgeTrading activities of investors |
| spellingShingle | Minjie Zhang Rozaini Rosli FINANCIAL DECISION MAKING AND TRADING ACTIVITIES OF INVESTORS: ROLE OF FINANCIAL MANAGEMENT CHALLENGES AND DIGITAL FINANCIAL KNOWLEDGE IN RETAIL SECTOR Operational Research in Engineering Sciences: Theory and Applications Financial management challenges Financial decision making Digital financial knowledge Trading activities of investors |
| title | FINANCIAL DECISION MAKING AND TRADING ACTIVITIES OF INVESTORS: ROLE OF FINANCIAL MANAGEMENT CHALLENGES AND DIGITAL FINANCIAL KNOWLEDGE IN RETAIL SECTOR |
| title_full | FINANCIAL DECISION MAKING AND TRADING ACTIVITIES OF INVESTORS: ROLE OF FINANCIAL MANAGEMENT CHALLENGES AND DIGITAL FINANCIAL KNOWLEDGE IN RETAIL SECTOR |
| title_fullStr | FINANCIAL DECISION MAKING AND TRADING ACTIVITIES OF INVESTORS: ROLE OF FINANCIAL MANAGEMENT CHALLENGES AND DIGITAL FINANCIAL KNOWLEDGE IN RETAIL SECTOR |
| title_full_unstemmed | FINANCIAL DECISION MAKING AND TRADING ACTIVITIES OF INVESTORS: ROLE OF FINANCIAL MANAGEMENT CHALLENGES AND DIGITAL FINANCIAL KNOWLEDGE IN RETAIL SECTOR |
| title_short | FINANCIAL DECISION MAKING AND TRADING ACTIVITIES OF INVESTORS: ROLE OF FINANCIAL MANAGEMENT CHALLENGES AND DIGITAL FINANCIAL KNOWLEDGE IN RETAIL SECTOR |
| title_sort | financial decision making and trading activities of investors role of financial management challenges and digital financial knowledge in retail sector |
| topic | Financial management challenges Financial decision making Digital financial knowledge Trading activities of investors |
| url | http://oresta.org/menu-script/index.php/oresta/article/view/779 |
| work_keys_str_mv | AT minjiezhang financialdecisionmakingandtradingactivitiesofinvestorsroleoffinancialmanagementchallengesanddigitalfinancialknowledgeinretailsector AT rozainirosli financialdecisionmakingandtradingactivitiesofinvestorsroleoffinancialmanagementchallengesanddigitalfinancialknowledgeinretailsector |