Document Type
Journal Article
Publication Title
Australian Journal of Management
Publisher
Sage
School
School of Business and Law
RAS ID
54611
Funders
Society of Trust and Estate Practitioners (STEP)
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
DOI
10.1177/03128962231157005
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License
Comments
Steen, A., Graves, C., D’Alessandro, S., & Shi, H. X. (2023). Managing digital assets on death and disability: An examination of the determinants of digital asset planning literacy. Australian Journal of Management. Advance online publication. https://doi.org/10.1177/03128962231157005