Breaking compulsive buying-financial trouble chain of young Malaysian consumers

Purpose: The purpose of this study is to examine compulsive buying and its interrelationships with careful spending, loan dependence and financial trouble. This study also aims to investigate the moderating role of gender. Design/methodology/approach: A questionnaire-based survey was conducted. Two...

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Main Authors: Ng, Siew Imm, Cheng, Eugene Xi Aw, Cheah, Jun Hwa, Sambasivan, Murali
Format: Article
Language:English
Published: Emerald Group Publishing 2018
Online Access:http://psasir.upm.edu.my/id/eprint/73299/1/MONEY.pdf
http://psasir.upm.edu.my/id/eprint/73299/
https://www.emerald.com/insight/content/doi/10.1108/YC-11-2017-00755/full/html?skipTracking=true
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Institution: Universiti Putra Malaysia
Language: English
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spelling my.upm.eprints.732992020-11-30T08:05:36Z http://psasir.upm.edu.my/id/eprint/73299/ Breaking compulsive buying-financial trouble chain of young Malaysian consumers Ng, Siew Imm Cheng, Eugene Xi Aw Cheah, Jun Hwa Sambasivan, Murali Purpose: The purpose of this study is to examine compulsive buying and its interrelationships with careful spending, loan dependence and financial trouble. This study also aims to investigate the moderating role of gender. Design/methodology/approach: A questionnaire-based survey was conducted. Two hundred and seven responses were collected using purposive sampling technique. Partial least square–structural equation modelling was performed to analyze the proposed hypotheses. Findings: The salient findings are (1) careful spending negatively influences compulsive buying, (2) compulsive buying positively influences loan dependence and financial trouble, (3) loan dependence positively influences financial trouble, (4) the relationships between careful spending and compulsive buying, and between loan dependence and financial trouble differ between male and female consumers, (5) there is a sequential mediation effect between careful spending and financial trouble and (6) there are gender differences between careful spending and compulsive buying and between loan dependence and financial trouble. Research limitations/implications: This study empirically validates the role of short-term money attitude, conceptualized as careful spending in compulsive buying context and how it attenuates the consequences of compulsive buying. Originality/value: This study explains the serial mechanism in which careful spending can be used to counteract financial trouble of youngsters, and further looks into the differences of relationships in term of gender through multi-group analysis. Emerald Group Publishing 2018 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/73299/1/MONEY.pdf Ng, Siew Imm and Cheng, Eugene Xi Aw and Cheah, Jun Hwa and Sambasivan, Murali (2018) Breaking compulsive buying-financial trouble chain of young Malaysian consumers. Young Consumers, 19 (3). 328 - 344. ISSN 1747-3616 https://www.emerald.com/insight/content/doi/10.1108/YC-11-2017-00755/full/html?skipTracking=true 10.1108/YC-11-2017-00755
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description Purpose: The purpose of this study is to examine compulsive buying and its interrelationships with careful spending, loan dependence and financial trouble. This study also aims to investigate the moderating role of gender. Design/methodology/approach: A questionnaire-based survey was conducted. Two hundred and seven responses were collected using purposive sampling technique. Partial least square–structural equation modelling was performed to analyze the proposed hypotheses. Findings: The salient findings are (1) careful spending negatively influences compulsive buying, (2) compulsive buying positively influences loan dependence and financial trouble, (3) loan dependence positively influences financial trouble, (4) the relationships between careful spending and compulsive buying, and between loan dependence and financial trouble differ between male and female consumers, (5) there is a sequential mediation effect between careful spending and financial trouble and (6) there are gender differences between careful spending and compulsive buying and between loan dependence and financial trouble. Research limitations/implications: This study empirically validates the role of short-term money attitude, conceptualized as careful spending in compulsive buying context and how it attenuates the consequences of compulsive buying. Originality/value: This study explains the serial mechanism in which careful spending can be used to counteract financial trouble of youngsters, and further looks into the differences of relationships in term of gender through multi-group analysis.
format Article
author Ng, Siew Imm
Cheng, Eugene Xi Aw
Cheah, Jun Hwa
Sambasivan, Murali
spellingShingle Ng, Siew Imm
Cheng, Eugene Xi Aw
Cheah, Jun Hwa
Sambasivan, Murali
Breaking compulsive buying-financial trouble chain of young Malaysian consumers
author_facet Ng, Siew Imm
Cheng, Eugene Xi Aw
Cheah, Jun Hwa
Sambasivan, Murali
author_sort Ng, Siew Imm
title Breaking compulsive buying-financial trouble chain of young Malaysian consumers
title_short Breaking compulsive buying-financial trouble chain of young Malaysian consumers
title_full Breaking compulsive buying-financial trouble chain of young Malaysian consumers
title_fullStr Breaking compulsive buying-financial trouble chain of young Malaysian consumers
title_full_unstemmed Breaking compulsive buying-financial trouble chain of young Malaysian consumers
title_sort breaking compulsive buying-financial trouble chain of young malaysian consumers
publisher Emerald Group Publishing
publishDate 2018
url http://psasir.upm.edu.my/id/eprint/73299/1/MONEY.pdf
http://psasir.upm.edu.my/id/eprint/73299/
https://www.emerald.com/insight/content/doi/10.1108/YC-11-2017-00755/full/html?skipTracking=true
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