Acta Universitatis Bohemiae Meridionalis, 2023 (vol. 26), issue 1
Financial Literacy and its Determinants: A Systematic Review
Neetu Chhillar, Swaranjeet Arora
Acta Univ. Bohem. Merid. 2023, 26(1):1-15 | DOI: 10.32725/acta.2023.0011467 
Financial Literacy Surveys around the world have indicated that financial literacy levels are low in developed countries and lower in developing countries (S&P Global FinLit Survey, 2014). It is also noted that individual financial decisions are affected by factors such as age, schooling, investment period, marital status, occupation, etc., but at different geographical locations in differing capacities. India’s low financial literacy level can hinder its ambition of becoming an economic superpower in the coming years. Therefore, it’s important to systematically assesses the literature in the field of financial literacy and...
Stock Exchange Market and Economic Growth Sustainability in Nigeria
Olabisi Jayeola, Owoeye Segun Daniel, Olowookere Johnson Kolawole, Uchehara Chris Chigo
Acta Univ. Bohem. Merid. 2023, 26(1):16-30 | DOI: 10.32725/acta.2023.0021423
This study examined the relationship between stock market and economic growth sustainability in Nigeria. The study employed Ex-post facto design. Secondary data were obtained from Central bank of Nigeria Economic and Financial Review fact books, Principal Economic and Financial Indicators, Security and Exchange Commission market bulletins, covering thirty years (1992–2021). The study adopted an econometric method of Auto Regressive Distributed Lag (ARDL). The measurements of Stock Exchange Market were Market Capitalization Rate (MCR), Value of Trade (VOT), Interest Rate (INTR) and the surrogate for dependent variable was Real Gross Domestic Product...
Brand sustainability of three star hotels: tourists’ experience of service quality
Pallabi Mishra
Acta Univ. Bohem. Merid. 2023, 26(1):31-49 | DOI: 10.32725/acta.2023.0031589
Sustainability of business has become an imperative concern for the marketers in this competitive atmosphere.. One of the major issues is the brand sustainability of service quality. Service quality has been studied by many researchers world-wide in various sectors. But does service quality have an effect on sustainability of brand name and brand image of service brands. The purpose of this research lies in determining the effect of experienced service quality on sustainability of brand name and brand image of the hotel industry. The present study included data mainly from primary sources although secondary data also facilitated the research. The...
REVISITING THE FINANCE-GROWTH NEXUS IN GHANA: EVIDENCE FROM THRESHOLD MODELLING
Kwadwo Boateng Prempeh, Joseph Magnus Frimpong, Newman Amaning
Acta Univ. Bohem. Merid. 2023, 26(1):50-70 | DOI: 10.32725/acta.2023.0041169
This article examines the non-linearities in Ghana’s finance-growth nexus from 1960 to 2019. A non-linear relationship between finance and growth was established using Hansen’s sample-splitting technique. This suggests that finance contributes to growth only up to a certain level. Beyond that, any further financial development is likely to be detrimental to economic growth. Additionally, the study discovered that the threshold value is conditional on the proxy of finance employed. As a result, it is critical for Ghana to establish its own distinct financial development threshold and work within the optimal level for economic growth promotion...