IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6239-602-9_12.html

Social Capital and Financial Fraud Risk Among Older Adults: Catalyst

In: Proceedings of the 2025 7th International Conference on Economic Management and Model Engineering (ICEMME 2025)

Author

Listed:
  • Zhaozhang Huang

    (Ulink High School of Suzhou Industrial Park)

Abstract

This study delves into the effect of financial literacy on older adults’ financial fraud exposure, and then investigates how social capital moderates this relationship. This study utilized quantitative survey data from the Wenjuanxing platform, collecting 184 valid samples primarily from Jiangsu Province and surrounding regions. The findings reveal a significant negative correlation between the financial literacy levels of older adults and their exposure to financial fraud. Specifically, higher financial literacy is associated with stronger abilities to identify and resist fraud, resulting in a lower likelihood of encountering financial fraud. Meanwhile, social capital moderates the relationship between financial literacy and fraud risk: in contexts of high-quality, informed social interaction it strengthens the protective effect of financial literacy, whereas in contexts of unverified or informal trust networks the protective effect is weaker. These findings underscore the need for targeted interventions that integrate financial education with guidance on navigating social media networks.

Suggested Citation

  • Zhaozhang Huang, 2026. "Social Capital and Financial Fraud Risk Among Older Adults: Catalyst," Advances in Economics, Business and Management Research, in: Touria Benazzouz & Sandeep Saxena & Hui Nee Au Yong & Nor Zafir Md Salleh (ed.), Proceedings of the 2025 7th International Conference on Economic Management and Model Engineering (ICEMME 2025), pages 113-123, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6239-602-9_12
    DOI: 10.2991/978-94-6239-602-9_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6239-602-9_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.