Relationship between financial distress, demographics and general family functioning in turkey
Küçük Resim Yok
Tarih
2019
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Purpose – The purpose of this study is to explore the relationship between financial distress, andgeneral family functioning, including the effect of demographic factors and financial behaviors,based on a sample of families from Turkey.Design/methodology/approach – Participants in this study were employees of the HacettepeUniversity (n=1400). Data were collected through a demographic information form, a questionnaireon financial behaviors (budgeting, saving, and borrowing) of the participating families, InChargeFinancial Distress/Financial Well-Being Scale (IFDFW) and the General Functioning Subscale of theMcMaster Family Assessment Device (McMaster FAD).Findings – The results indicated that better family functioning is strongly associated with smallerhouseholds. In addition, financial distress is significantly correlated with lower general functioningin families. It is clear that the size of the family and financial distress are important variables ongeneral family functioning.Discussion – It is clear that financial behaviors are related to financial distress and important formaintaining better general family functioning. The lack of financial management competency has amore significant influence on financial distress than income poverty. Therefore education aboutfinancial matters is a significant determinant of financial strain and related training programs shoulddesigned to increase financial well-being.
Açıklama
Anahtar Kelimeler
İşletme, İktisat
Kaynak
İşletme Araştırmaları Dergisi
WoS Q Değeri
Scopus Q Değeri
Cilt
11
Sayı
4
