Do trust in financial institution and financial literacy enhances intention to participate in stock market among Indian investors during COVID-19 pandemic?

Impact of financial literacy on consumer financial behavior: A systematic review and research agenda using TCCM framework

“…TPB is highly important for comprehending consumer behavior, providing a structured way to examine the influences on individuals' purchasing decisions and consumption patterns (Indapurkar & Raj, 2017). This theory includes three significant variables: attitude toward behavior (ATT), subjective norm (SN), and perceived behavioral control (PBC) (Adil et al, 2022a(Adil et al, , 2022bAdil et al, 2023). Mudzingiri et al (2018) recommend that financial literacy and financial behavior may interact through unobserved feedback mechanisms, and TPB postulates that behavior is influenced by knowledge, perceptions, attitudes, and norms.…”

“…"Financial literacy" itself serves as a mediator, influencing other variables like "confidence" or "investment behavior," thereby shaping consumer actions (Adil et al, 2023;Morris et al, 2022;Tang & Baker, 2016;Yong et al, 2018;Youssef et al, 2021).…”

“…From a psychological perspective, it interacts with “attitudes” or “risk preferences,” clarifying how the influence of financial literacy might vary based on individual attitudes toward risk or financial decisions. Also, socio‐economic factors like “cultural norms” or “access to financial resources” might moderate the effect of financial literacy on behavior, showcasing how these contextual elements shape the relationship (Adil et al, 2023; Akhtar & Malik, 2023).…”

توسيط الثقة المالية والاتجاه نحو المخاطر المالية والعائد المدرك في العلاقة بين المعرفة المالية ونية الاستثمار في سوق الأوراق المالية السعودي

“…‫ت‬ ‫ت‬ ‫ت‬ ‫ل‬ ‫تفت‬ ‫ت‬ ‫ت‬ ‫يح‬ ‫تادم‬ ‫ت‬ ‫ت‬ ‫صي‬ ‫ت‬ ‫ت‬ ‫ت‬ ‫ل‬ ‫ذ‬ ‫تا‬ ‫ت‬ ‫ت‬ ‫دع‬ ‫تة‬ ‫ت‬ ‫ت‬ ‫اطالي‬ ‫تة‬ ‫ت‬ ‫ت‬ ‫اطعش‬ ‫تج‬ ‫ت‬ ‫ت‬ ‫م‬ ‫تا‬ ‫ت‬ ‫ت‬ ‫كب‬ ‫تة‬ ‫ت‬ ‫ت‬ ‫ملذسج‬ ‫شيج‬ ‫تين‬ ‫ت‬ ‫ت‬ ‫اطع‬ ‫تع‬ ‫ت‬ ‫ت‬ ‫ت‬ ‫ا‬ ‫ث‬ ‫تذ‬ ‫ت‬ ‫ت‬ ‫ك‬ ‫تاملحة‬ ‫ت‬ ‫ت‬ ‫الع‬ ‫تاة‬ ‫ت‬ ‫ت‬ ‫اظ‬ ‫الذس‬ ‫تاسة‬ ‫ت‬ ‫ت‬ ‫ؼ‬ ‫تذ‬ ‫ت‬ ‫ت‬ ‫مل‬ ‫اطالية‬ ‫اظوام‬ ‫اطسظعاة‬ ‫الؽشماة‬ ( Hansen, 2012( Hansen, , 2017 ‫تو‬ ‫ملد‬ ‫ت‬ ‫تذ‬ ‫ل‬ ‫تال‬ ‫كيج‬ ‫تا‬ ‫ااج‬ ‫تويج‬ ‫ا‬ ‫ل‬ ‫كزل‬ ‫ذ‬ ‫يعا‬ ‫تة‬ ‫اطالي‬ ‫ش‬ ‫تا‬ ‫املً‬ ‫ل‬ ‫اد‬ (Grable & Rabbani, 2023;Nguyen, Gallery & Newton, 2016) ‫تاتت‬ ‫اوملع‬ ‫تج‬ ‫م‬ ‫تذ‬ ‫يضي‬ ‫تا‬ ‫ك‬ ‫تة‬ ‫اطالي‬ ‫ام‬ ‫س‬ ‫ا‬ ‫توم‬ ‫ظ‬ ‫ل‬ ‫اس‬ ‫وظين‬ ‫مذ‬ ‫كبا‬ ‫ذ‬ ‫ا‬ ‫لتدحيق‬ (Clark, Lusardi & Mitchell, 2017) ‫تاتت‬ ‫ملي‬ ‫تضص‬ ‫دع‬ ‫ت‬ ‫ي‬ ‫تج‬ ‫م‬ ‫اطالية‬ ‫ام‬ ‫س‬ ‫ا‬ ‫ظوم‬ ‫ل‬ ‫اس‬ ‫وظين‬ ‫ملدو‬ (Adil et al, 2023;Sivaramakrishnan, Srivastava & Rastogi, 2017) (Adil et al, 2023;Akhtar & Das, 2019;Kumari, Senani & Ajward, 2022;Sivaramakrishnan et al, 2017 (Ali, 2011;Alqatawni, 2016;Hansen, 2012;Hysmith, 2017;Kumari et al, 2022;Metzger & Fehr, 2018;Sivaramakrishnan et al, 2017…”

“…‫اظة‬ ‫الذس‬ ‫اض‬ ‫ش‬ ‫أل‬ ‫جيذم‬ ‫لة‬ ‫د‬ (Fornell & Larcker, 1981;Hair et al, 2019;Kock, 2022, p. 69) . (Adil et al, 2023;Heo et al, 2021;Maziriri et al, 2019;Sivaramakrishnan et al, 2017;Thai et al, 2017…”