Determinants of Indebtedness: Influence of Behavioral and Demographic Factors
This study aims to examine the influence of behavioral and demographic factors on indebtedness by constructing a model using specific determinants. The<b> </b>exploratory method is used through the partial least square (SmartPLS) technique, by surveying 320 respondents in Kuala Lumpur, M...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-02-01
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| Series: | International Journal of Financial Studies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7072/8/1/8 |
| _version_ | 1819066939405762560 |
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| author | Mahfuzur Rahman Nurul Azma Md. Abdul Kaium Masud Yusof Ismail |
| author_facet | Mahfuzur Rahman Nurul Azma Md. Abdul Kaium Masud Yusof Ismail |
| author_sort | Mahfuzur Rahman |
| collection | DOAJ |
| description | This study aims to examine the influence of behavioral and demographic factors on indebtedness by constructing a model using specific determinants. The<b> </b>exploratory method is used through the partial least square (SmartPLS) technique, by surveying 320 respondents in Kuala Lumpur, Malaysia. A self-administered questionnaire was administered to respondents, addressing both demographic and behavioral factors. The results confirmed four of the eight hypotheses stated. Among the determinants, risk perception had a highly significant relationship with both materialism and emotion, while indebtedness had a relationship with emotion and materialism. The findings also indicated that significant differences exist between indebtedness and behavioral factors on the basis of gender, marital status, age, income, and dependence on credit cards and loans. The results may assist various economic players to design better models for credit offerings and address the credit problem in the long term. |
| first_indexed | 2024-12-21T16:10:19Z |
| format | Article |
| id | doaj.art-6bce7ca0808241e484320cfdfbb7e243 |
| institution | Directory Open Access Journal |
| issn | 2227-7072 |
| language | English |
| last_indexed | 2024-12-21T16:10:19Z |
| publishDate | 2020-02-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | International Journal of Financial Studies |
| spelling | doaj.art-6bce7ca0808241e484320cfdfbb7e2432022-12-21T18:57:48ZengMDPI AGInternational Journal of Financial Studies2227-70722020-02-0181810.3390/ijfs8010008ijfs8010008Determinants of Indebtedness: Influence of Behavioral and Demographic FactorsMahfuzur Rahman0Nurul Azma1Md. Abdul Kaium Masud2Yusof Ismail3Faculty of Business & Accountancy, University Malaya, Kuala Lumpur 50603, MalaysiaInstitute for Advanced Studies, University Malaya, Kuala Lumpur 50603, MalaysiaDepartment of Business Administration, Noakhali Science and Technology University, Noakhali 3814, BangladeshKulliyyah of Economics and Management Sciences, IIUM Gombak Campus, Selangor 53100, MalaysiaThis study aims to examine the influence of behavioral and demographic factors on indebtedness by constructing a model using specific determinants. The<b> </b>exploratory method is used through the partial least square (SmartPLS) technique, by surveying 320 respondents in Kuala Lumpur, Malaysia. A self-administered questionnaire was administered to respondents, addressing both demographic and behavioral factors. The results confirmed four of the eight hypotheses stated. Among the determinants, risk perception had a highly significant relationship with both materialism and emotion, while indebtedness had a relationship with emotion and materialism. The findings also indicated that significant differences exist between indebtedness and behavioral factors on the basis of gender, marital status, age, income, and dependence on credit cards and loans. The results may assist various economic players to design better models for credit offerings and address the credit problem in the long term.https://www.mdpi.com/2227-7072/8/1/8indebtednessbehavioral factorsdemographic factorsmalaysia |
| spellingShingle | Mahfuzur Rahman Nurul Azma Md. Abdul Kaium Masud Yusof Ismail Determinants of Indebtedness: Influence of Behavioral and Demographic Factors International Journal of Financial Studies indebtedness behavioral factors demographic factors malaysia |
| title | Determinants of Indebtedness: Influence of Behavioral and Demographic Factors |
| title_full | Determinants of Indebtedness: Influence of Behavioral and Demographic Factors |
| title_fullStr | Determinants of Indebtedness: Influence of Behavioral and Demographic Factors |
| title_full_unstemmed | Determinants of Indebtedness: Influence of Behavioral and Demographic Factors |
| title_short | Determinants of Indebtedness: Influence of Behavioral and Demographic Factors |
| title_sort | determinants of indebtedness influence of behavioral and demographic factors |
| topic | indebtedness behavioral factors demographic factors malaysia |
| url | https://www.mdpi.com/2227-7072/8/1/8 |
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