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Financial behaviour Across Professions: An In-depth Analysis of Knowledge, Attitudes, and Practices among Professionals in Diverse Sectors.

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Title: Financial behaviour Across Professions: An In-depth Analysis of Knowledge, Attitudes, and Practices among Professionals in Diverse Sectors.
Authors: shonik, Himani1, srivastava, Sonam1, Bansal, Tanuj2, Chaudhary, Diwakar1, Vishal1, Awasthi, Yashmita3
Source: Library of Progress-Library Science, Information Technology & Computer. Jul-Dec2024, Vol. 44 Issue 3, p5500-5506. 7p.
Subject Terms: Financial literacy, Investment analysis, Investors, Corporate finance, Professional practice
Abstract: Purpose: To analyse the knowledge, attitudes, and practices regarding finances among professionals across different sectors for improving financial well-being. Design/methodology/approach: It involves a comprehensive analysis of financial behaviors among professionals through surveys (questionnaire). The data collected has been properly aligned in excel sheet and then was entered into SPSS 20.0 software and then t-test, Multiple regression and ANOVA has been used for properly analysing the data. Findings - The analysis reveals that future planning is the primary driver of investment, with individuals motivated by high returns and tax benefits. Investors display a risk-averse nature, as supported by portfolio frequencies. Originality/value - This paper uniquely examines the interplay of risk and return in the financial attitudes and practices of professionals across various sectors, offering crucial insights into their distinct risk-taking behaviours and potential returns on investment. [ABSTRACT FROM AUTHOR]
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Database: Education Research Complete
Description
Abstract:Purpose: To analyse the knowledge, attitudes, and practices regarding finances among professionals across different sectors for improving financial well-being. Design/methodology/approach: It involves a comprehensive analysis of financial behaviors among professionals through surveys (questionnaire). The data collected has been properly aligned in excel sheet and then was entered into SPSS 20.0 software and then t-test, Multiple regression and ANOVA has been used for properly analysing the data. Findings - The analysis reveals that future planning is the primary driver of investment, with individuals motivated by high returns and tax benefits. Investors display a risk-averse nature, as supported by portfolio frequencies. Originality/value - This paper uniquely examines the interplay of risk and return in the financial attitudes and practices of professionals across various sectors, offering crucial insights into their distinct risk-taking behaviours and potential returns on investment. [ABSTRACT FROM AUTHOR]
ISSN:09701052