We examined the construct of financial wellness and its relationship to personal wellbeing, with a focus on the role of financial literacy. Gender comparisons are made using a structural equation modeling analysis including personal wellbeing, financial satisfaction, financial status, financial...

This paper investigates the extent to which the concept of corporate social responsibility (CSR) challenges the validity of the traditional firm model. Contrary to what have been suggested by some critics of CSR, CSR does not appear to have been accepted as an alternative to the traditional...

Whereas firms traditionally have been evaluated solely on financial criteria, contemporary firms are also evaluated on various non-financial criteria, including Corporate Social Performance (CSP). Such data is useful in the pursuit of evidence of a relationship between CSP and various financial...

This paper examines the retirement savings investment choices of Australian workers over a three-year period, including the global financial crisis (GFC), based on a large sample of members drawn from five superannuation funds. The overwhelming majority of members did not change their investment...

This study explored the impact of demographic factors on individuals’ investment choice decisions in retirement savings funds. Analysis found identifiable member clusters across a large and diverse sample of almost 150,000 transactions. Results suggested that gender and risk are the most...

This paper examines the use and understanding of managed fund ratings in Australia. A survey of individual retail investors suggests information source and selection criteria constructs are more useful in explaining the role of ratings than an approach based solely on expectations of return and...

Purpose – Under its “Members Investment Scheme” strategic initiative, the Malaysian Employees Provident Fund (EPF) permits its members to invest part of their retirement savings in approved external funds. Given there is an increasing number of unit trust funds available in the market, it...

We examine the asset allocation decisions of members of three large Australian retirement savings funds. Superannuation Guarantee legislation in 1992 made Australian employees compulsory investors by requiring employers to contribute a fixed proportion of earnings to a superannuation fund on...