SHS Web of Conf.
Volume 92, 2021The 20th International Scientific Conference Globalization and its Socio-Economic Consequences 2020
|Number of page(s)
|Financial Management and Financial Markets
|13 January 2021
Investment Decisions as a Part of Financial Literacy in the Globalized World
1 Czech University of Life Sciences in Prague, Faculty of Economics and Management, Department of Economics, Kamýcká 129, Prague, 165 21, Czech Republic
2 Charles University, Faculty of Physical Education and Sport, Department of Sport and Management, José Martího 269/31, Prague, 162 52, Czech Republic
* Corresponding author: firstname.lastname@example.org
Research background: The role of knowledge and information in today’s globalized world is growing. Individual approach and investment preferences play a significant role on a global scale, especially for young adults, who can make full use of investment tools.
Purpose of the article: The aim of this paper is to assess the attitude to investment amongst young university students with a focus on risk, availability, and profitability.
Methods: Primary data were obtained by quantitative research using a questionnaire survey (n = 1 437) in 2018 amongst full time bachelor’s and master’s degree students at three selected universities. The universities focus on economy and agriculture and each of them is based in a different region of the Czech Republic. In the analytical part of the article, testing of statistical hypotheses was applied.
Findings & Value added: The results show that, in terms of risk, 79.19% of respondents prefer the least risky approach. Subsequently, the question whether an investment is available when needed also plays an important role and it is preferred by 70.70% of respondents. Profitability of an investment plays the least important role and it is important for 66.59% of respondents. Statistical evaluation proved a dependence between the gender of respondents and the responses mentioned above (women prefer less risky investments as well as those immediately available to them; on the other hand, men prefer more profitable investments than women).
Key words: investment / profitability / risk / student / university
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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