Managing digital assets on death and disability: An examination of the determinants of digital asset planning literacy-Reference-Cited by-同舟云学术

Managing digital assets on death and disability: An examination of the determinants of digital asset planning literacy

Published:2023-02-28 Issue: Volume: Page:031289622311570
ISSN:0312-8962
Container-title:Australian Journal of Management
language:en
Short-container-title:Australian Journal of Management

Author:

Steen Adam¹^ORCID,Graves Chris²,D’Alessandro Steven³,Shi Henry X.²^ORCID

Affiliation:

1. Deakin University, Burwood, VIC, Australia

2. The University of Adelaide, Adelaide, SA, Australia

3. Edith Cowan University, Joondalup, WA, Australia

Abstract

Despite its increasing importance, digital financial literacy (DFL) is yet to be adequately understood. This article reports on one aspect of DFL, namely, digital asset planning literacy (DAPL) which is an individual’s awareness of what happens to their digital assets on their death or incapacity. Our results from Australia and Singapore suggest that single, less-educated women are less likely to possess DAPL, and that the number of digital assets is negatively associated with DAPL, while having a Will is positively related to DAPL. With this study, we put forward that financial education should include consumer rights regarding digital financial assets. JEL Classification: D14; G53; G50; J12; J16

Publisher

SAGE Publications

Subject

General Business, Management and Accounting

Link

http://journals.sagepub.com/doi/pdf/10.1177/03128962231157005

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