2024
DOI: 10.1007/s10834-024-09962-y
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The Link between Family Financial Socialization in Adulthood and Investment Literacy of P2P Investors

Renata Legenzova,
Gintarė Leckė

Abstract: This paper examines how family financial socialization in adulthood is linked to the development of investment literacy among individual family members within the context of innovative financial services, specifically peer-to-peer (P2P) lending. Our findings revealed that P2P lending investors engage in a moderate level family financial socialization suggesting that family, as a key financial socialization agent in childhood and adolescence, maintains its role in adulthood. Additionally, such investors possess… Show more

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