Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

@article{176248,
        author = {Ms. PRIYANKA SHAW and Prof Dr. DEBABRATA MITRA and Dr. PIYALI CHANDRA KHAN},
        title = {Impact of Financial Literacy on Financial Involvement and Investment Behaviour of Women Academicians: A Study with Special Reference to Darjeeling District of West Bengal},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {11},
        number = {11},
        pages = {6184-6193},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=176248},
        abstract = {Financial literacy comprises financial skills & behaviour, knowledge, and attitude. These components enable any individual to make informed financial decisions. This study has focused on women academicians in the plains of Darjeeling district. This research paper highlights how women academicians plan to save and invest based on their financial literacy. For this study, respondents included are women academicians from all designations, such as assistant professors, associate professors, and professors of colleges residing in this region. Two essential elements particularly, financial knowledge and financial attitude have been taken into consideration for analysis purpose. Present investigation aims to measure level of financial literacy and its impact on investment behaviour of women academicians. Utilizing “Exploratory Factor Analysis” (EFA), and “Confirmatory Factor Analysis” (CFA) it has been found that financial knowledge, attitude, and involvement have substantial effect on investment behaviour. Additionally, the finding depicts function of financial involvement as a mediator among the latent variables of financial literacy (Attitude & Knowledge) and investment behaviour. Women academicians having high degree of financial literacy are more actively involved in financial planning. This finding has also revealed that the financial attitude is more substantial and have a direct effect on both financial involvement and investment behaviour compared to financial knowledge.},
        keywords = {Women Academician, Financial Knowledge, Financial Attitude, Financial Involvement, Working Women, Financial Literacy.},
        month = {April},
        }