Factors that Influence Financial Literacy: A Conceptual Framework

Development of financial management theory developed rapidly; forming branches roots. Start with Value of the firm theory, capital structure theory up to investment theory. Investment theory; behavioural finance is relatively new field that combine behavioural, psychological, economics and finance. This paper aims to develop conceptual Framework of factors that Influence Financial Literacy. Research in factors that influence financial literacy gives new development of financial theory through perception view. This research use qualitative study with grounded theory model of financial literacy. Moreover, this research gives implication in comprehensive framework that can be used in developing future research.