Bonnie Rubenstein‐Montano, Jay Liebowitz, Judah Buchwalter, Doug McCaw, Butler Newman and Ken Rebeck
A myriad of researchers have presented methodologies and frameworks for implementing knowledge‐management. However, frameworks do not provide sufficient detail for executing…
Abstract
A myriad of researchers have presented methodologies and frameworks for implementing knowledge‐management. However, frameworks do not provide sufficient detail for executing knowledge‐management initiatives, and existing methods do not adequately address all of the requirements for effective knowledge management. The field of knowledge management has been slow in formulating a universally accepted methodology. This paper reviews the status quo of knowledge‐management methodologies and presents a detailed, comprehensive methodology that addresses existing shortcomings. The presented method, SMARTVision, extends previous research on frameworks by taking a more micro‐view of knowledge management – a specific methodology.
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Jean Kufrin Rosales and Wayne Journell
Economics has traditionally been taught in a way that emphasizes the “science” side of social science. This article suggests ways to cover the concepts introduced in high school…
Abstract
Economics has traditionally been taught in a way that emphasizes the “science” side of social science. This article suggests ways to cover the concepts introduced in high school economics using discussions, simulations, and discovery-based techniques that bring the “social” back into social science. Through descriptions of five authentic economic scenarios, the authors provide examples of ways in which teachers can help their students become engaged with economic concepts without using traditional methods that students often find dull or difficult to understand.
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The study examines the antecedents of responsible financial management behavior among young adults in India and explores the role of financial risk tolerance as a moderating…
Abstract
Purpose
The study examines the antecedents of responsible financial management behavior among young adults in India and explores the role of financial risk tolerance as a moderating variable.
Design/methodology/approach
The sample includes young adults in the age group of 18–35. The analysis uses a two-step approach via standard partial least squares structural modeling (PLS-SEM) and ordinary least square (OLS) regression.
Findings
Structural modeling results show that financial attitude fully mediates the relationship between financial knowledge and responsible financial management behavior, and locus of control influences responsible financial management behavior. Financial risk tolerance moderates the relationship. Among demographic factors, age and occupation influence responsible financial management behavior.
Research limitations/implications
The financial knowledge used in the survey are based on self-reported responses. The future study can include participants from both developed and emerging countries to assess similarities and differences.
Practical implications
Despite the growing focus on improving financial literacy, there are growing concerns regarding responsible financial behavior. Since financial services is related to fiduciary responsibility, managers and policymakers need to ensure that financial knowledge results in improving financial attitude, which further leads to responsible financial behavior.
Originality/value
The present study from an emerging country will add value to the literature.