Purpose: This study investigates how students' propensity towards indebtedness affects their savings behaviour. Additionally, the study examines the moderating role of financial literacy in the relationship between propensity towards indebtedness and savings behaviour. Design/methodology/approach: Questionnaires were administered to undergraduate…

This research explores responsible investment practices at Canadian and international universities. We analyze universities' "Statement of Investment Policy and Procedures" and "Responsible Investing Policies" to understand how responsible investing is included and how this varies by region. Our results show that most…

This study involved 54 peer financial mentors from seven institutions to explore their challenges when working with mentees. Challenges included: mentees presented financial concerns that exceeded the mentors' ability, mentors frequently lacked the financial knowledge to provide highquality peer financial mentoring, and the shift in programming…

This paper presents the findings of a study involving 16 undergraduate students enrolled in a basic financial mathematics course. The study aimed to examine the nature of the students' problem-posing and problem-solving products and processes, as well as the interactions between the two. The findings revealed that the majority of the posed…

Universities are facing increasing external pressures to compete for external funding and to develop mixed economies comprising both state budget funding and external sources. This study aims to provide empirical and theoretical insights by utilising the Resource Dependence Theory and the Ecology of Games Metaphor to examine how Finnish…

Universities face an uncertain funding environment and turbulent marketplace. Financial scenario modelling offers a potential mechanism to assist in navigating a way forward. Our previous paper on UK universities' practice found some variation in the sophistication of the approaches taken, but the overall impression was of a relatively simple…

This mixed methods dissertation investigates the impact that cost-disaggregating tools like the Delaware Cost Study (DCS) have on the expenditure patterns at large, public research universities. It draws on public budgeting and higher education finance literature to form a theory of action that hypothesizes that expense management at such…

Thailand 4.0 is an ambitious reform strategy that seeks to offset the impact of the Thai aging population by transitioning the economy towards a knowledge-based society skilled in advanced technology. Education reforms are paramount for Thailand 4.0 to succeed; however, significant challenges exist that draw into question the capabilities and…

Individual decision-making is often expressed through some combination of return or benefit within a context of risk assessment and assumption. Risk is generally defined as variability or chance of loss. Individuals are typically risk averse, where they require a greater benefit for each unit of risk in a decision. Students apply risk assessment…

The purpose of this hermeneutic phenomenological study was to discover the experiences and self-efficacy beliefs related to financial literacy knowledge for educators in the United States. The theory guiding the study was self-efficacy as it explained how one's belief in abilities is shaped by their unique background, experiences, and knowledge.…

Objective: Self-rationing or one's ability to regulate allocation of resources for consumption can be an inefficient process. Despite the negative impact of self-rationing inefficiencies (e.g. unhealthy food choices), there is scarce research to understand this phenomenon. This study investigated college students' self-rationing efficiency of…

This chapter is intended for practitioners and scholars seeking to learn more about organizational finances. A hallmark of the U.S. higher education system is its heterogeneity. From research universities to community colleges, each institution seeks to excel in serving its respective mission. To do so, the institution must have a viable business…

Financial literacy skillsets may be lacking in the first-year college student population, which may contribute to lower first-year college student retention rates. Because financial literacy is a skillset that may need to be taught to college students, this study attempted to understand and explore the link between financial literacy levels and…

During declining revenue, community college leaders may be unable to balance their budgets effectively. Community college managers who fail to balance budgets negatively impact a college's financial sustainability. Grounded in Burn's transactional leadership theory, the purpose of this qualitative single case study was to explore strategies…

Entrepreneurship has been viewed as a catalyst for economic growth because it creates jobs and offers solutions to social issues. The government is trying to make entrepreneurship popularized among the public, especially in students in universities. This analysis aims to ascertain how financial behavior and literacy, particularly among accounting…