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Causes of Inattention on Financial Competency: A Qualitative Study

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Financial Environment and Business Development

Part of the book series: Eurasian Studies in Business and Economics ((EBES,volume 4))

Abstract

During the recent years, the world has encountered a huge financial change with personal, organizational, national, and global effect. On the other side, competency modeling teams are concerned on the external changes as one of the sources of information. Thereupon, they are expected to pay more attention on financial competency in competency modeling. Our library research and preliminary field study revealed the least attention on financial competency. The purpose of this paper is to diagnose for inattention on financial competency. We held 2 eight-person focus group discussions and 12 in-depth interviews to learn about “why it has been neglected.” The participants included Iranian large-size business owners, organizational top managers, and HR managers. A grounded theory approach was deployed to analyze the findings of focus groups and interviews. The participants addressed to a combination of potentials that have been categorized in this paper.

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Authors and Affiliations

  1. Faculty of Management, Universiti Teknologi Malaysia (UTM), Skudai, Johor, Malaysia

    Omid Mehrabi & Rozeyta Omar

Authors
  1. Omid Mehrabi
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  2. Rozeyta Omar
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Correspondence to Omid Mehrabi .

Editor information

Editors and Affiliations

  1. Faculty of Political Sciences, Istanbul Medeniyet University, Istanbul, Turkey

    Mehmet Huseyin Bilgin

  2. MUFG Union Bank, San Francisco, California, USA

    Hakan Danis

  3. Faculty of Tourism, Istanbul Medeniyet University, Istanbul, Turkey

    Ender Demir

  4. Eurasia Business and Economic Society, Fatih Istanbul, Turkey

    Ugur Can

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Mehrabi, O., Omar, R. (2017). Causes of Inattention on Financial Competency: A Qualitative Study. In: Bilgin, M., Danis, H., Demir, E., Can, U. (eds) Financial Environment and Business Development. Eurasian Studies in Business and Economics, vol 4. Springer, Cham. https://doi.org/10.1007/978-3-319-39919-5_35

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