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Financial independence of women – the impact of social factors on women empowerment in small island developing states (SIDS)

Rughoobur-Seetah, Soujata; Hosanoo, Zuberia; Balla Soupramanien, Loga Devi

Authors

Soujata Rughoobur-Seetah

Loga Devi Balla Soupramanien



Abstract

Purpose
This study aims to understand and analyse the financial independence of women in small island developing states, with a focus on Mauritius. Factors such as employer choice, domestic violence, sociological factors, lack of opportunities and empowerment and the legal framework have been identified as potential influencers of the financial independence of women.

Design/methodology/approach
A survey was conducted where residents of Mauritius were targeted to have a more generic overview of the subject matter. A response rate of 347 was received. The partial least square structural equation modeling was used to analyse the proposed framework.

Findings
A total of 12 hypotheses were proposed and only 2 hypotheses were confirmed. The sociological factors, lack of opportunities, domestic violence and employer choice appeared not to have a significant influence on the financial independence of women. The legal system had a significant influence on the financial independence of women.

Originality/value
It must be acknowledged that the literature is rich with studies on financial independence. Nevertheless, not much has been prescribed in the literature from the perspective of small developing economies and having women at the centre of the debate. The theory of gender and power and the social learning theory were used as the theoretical foundation.

Journal Article Type Article
Acceptance Date Feb 10, 2022
Online Publication Date Apr 5, 2022
Publication Date 2023-11
Deposit Date Sep 2, 2022
Journal International Journal of Organizational Analysis
Print ISSN 1934-8835
Electronic ISSN 1934-8835
Publisher Emerald
Peer Reviewed Peer Reviewed
Volume 31
Issue 6
Pages 2383-2408
DOI https://doi.org/10.1108/ijoa-10-2021-2980
Public URL http://researchrepository.napier.ac.uk/Output/2911154