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. 2023 May 22:1–20. Online ahead of print. doi: 10.1057/s41264-023-00234-8

Table 9.

The bootstrapping result for testing financial behaviour as a mediator

Variables Indirect effect (axb) Direct (c)
Bootstrapping value Bootstrapping value
Financial literacy 0.071 0.117
Significant Not Significant
Financial socialisation 0.193 0.308
Significant Significant
Self-control 0.053 0.089
Significant Not Significant
Financial technology 0.138 0.033
Significant Not Significant
Financial behaviour 0.138 0.035
Significant Not Significant

Dependent variable: Financial well-being