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...
Saved in:
Main Authors: | , , , |
---|---|
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 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Universiti Putra Malaysia |
Language: | English |
id |
my.upm.eprints.73299 |
---|---|
record_format |
eprints |
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 |
_version_ |
1685580244278312960 |