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Review of financial vulnerability studies


Lee, May Poh and Sabri, Mohamad Fazli (2017) Review of financial vulnerability studies. Archives of Business Research, 5 (2). 127 - 134. ISSN 2054-7404


Financial vulnerability has become an emerging concern to many parties and a number of factors in households’ financial vulnerability are believed to influence households’ financial well-being. Financial vulnerability is a status of financial instability or a situation to the exposure of financial risk and shock. Thus, the focus of this paper is to overcome the problem of how to justify the variables of financial vulnerability in order to achieve the financial well-being among the households. Moreover, this current paper concludes the financial vulnerability studies in eight countries which provide the similarities and differences in measuring financial vulnerability. Hence, the evidence review revealed that high financial vulnerable households are characterized by low income or low liquid assets, high balance sheet leverage, disability to cope with financial stress and financial crisis.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Human Ecology
DOI Number: https://doi.org/10.14738/abr.52.2784
Publisher: Society for Science and Education
Keywords: Financial problem; Financial vulnerability; Financial well-being; Indebtedness
Depositing User: Mas Norain Hashim
Date Deposited: 28 Sep 2018 10:26
Last Modified: 28 Sep 2018 10:26
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.14738/abr.52.2784
URI: http://psasir.upm.edu.my/id/eprint/62982
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