Financial Literacy, Investor Awareness and Investment Decisions: A Review of Literature

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dc.contributor.authorAkims, Malgit Amos
dc.contributor.authorAbayomi, Funmilayo Shalom
dc.contributor.authorAkims, Kanang Amos
dc.contributor.authorKigame, Hannington
dc.contributor.authorJosephat, Eweet Toto
dc.contributor.authorOuma, Cavine Onyango
dc.date.accessioned2023-03-28T07:11:01Z
dc.date.available2023-03-28T07:11:01Z
dc.date.issued2023
dc.descriptionArticleen_US
dc.description.abstractThe study was based on a review of literature where various views obtained from theoretical and empirical works were evaluated. Based on a systematic review methodology, the study sought to critically review literature on the relationship between financial literacy and investment decisions. The study further reviewed literature on the nexus between investor awareness and investment decisions relationships. In view of reviewed literature, the study documented that financial literacy, investor awareness and investment decisions have underlying relationships. Specifically, financial literacy leads to sound investment decisions as it provides investors with the capacity and ability to carry out both technical and fundamental analysis which in turn enables them to make informed investment decisions. Furthermore, investor awareness strengthens investment decisions. Investor awareness is characterized by an investor’s level of perception of risks, underlying risk appetite as well as expected rate of return on an investment. As such, improvements in the levels of awareness lead to more informed investment decisionsen_US
dc.identifier.citationAkims, M. A., Abayomi, F. S., Akims, K. A., Avedi, H. K., Josephat, E. T., & Ouma, C. O. (2023). Financial Literacy, Investor Awareness and Investment Decisions: A Review of Literature. Asian Journal of Economics, Finance and Management, 13-18.en_US
dc.identifier.otherAJEFM.1213
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/25020
dc.language.isoenen_US
dc.publisherGlobal Press Hub (GPH) publishersen_US
dc.subjectFinancial literacyen_US
dc.subjectinvestor awarenessen_US
dc.subjectinvestment decisionsen_US
dc.subjectliterature reviewen_US
dc.titleFinancial Literacy, Investor Awareness and Investment Decisions: A Review of Literatureen_US
dc.typeArticleen_US
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