Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia

People crave for status. This status struggle waves for today’s consumer. The obsession with status seeking which displays through consumption of status good has emerged among working women who have experienced increased economic and social influence. While previous studies have presented diff...

Full description

Bibliographic Details
Main Author: Sandhu, Sukjeet Kaur
Format: Thesis
Language:English
Published: 2018
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/68476/1/fem%202018%203%20ir.pdf
_version_ 1796978727177945088
author Sandhu, Sukjeet Kaur
author_facet Sandhu, Sukjeet Kaur
author_sort Sandhu, Sukjeet Kaur
collection UPM
description People crave for status. This status struggle waves for today’s consumer. The obsession with status seeking which displays through consumption of status good has emerged among working women who have experienced increased economic and social influence. While previous studies have presented different factors influences status consumption, a very critical element, which very few studies have included, is money attitude in their predictability model. The money attitude dimension has not been extensively researched especially among working women in Malaysia. The current study investigates the phenomenon of status consumption behaviour among Malaysian working women. Materialism, brand consciousness, social status display, attention to social comparison, collectivism and individualism were examining to predict the status consumption model. For the first time, money attitude was introduced as a moderator variable. Theories such as conspicuous consumption, social comparison and impression management theory were used to predict status consumption model. A sample of 410 working women from Klang Valley were selected through non probability sampling technique. Data for the research were collected through mall intercept concept. Four major mall in Klang Valley area were collected. The research predictability model was tested by using reliability analysis and descriptive analysis. Structural Equation Model (SEM) using Partial Least Square analysis was used to measure the level of status consumption and to investigate the moderating effect of money attitude. The results show that brand consciousness has the strongest relationship with status consumption followed by money attitude, materialism and individualism. The moderation effect of money attitude was also discussed. The results of the study reveals that money attitude as a moderator has a significant impact of the predictability model where R² improved from 60.0% to 66.2%. The role of money attitude is truly important variable in predicting the status consumption behavior. The study contributes to the body of knowledge by providing empirical evidence and improves the understanding of status consumption.
first_indexed 2024-03-06T09:58:45Z
format Thesis
id upm.eprints-68476
institution Universiti Putra Malaysia
language English
last_indexed 2024-03-06T09:58:45Z
publishDate 2018
record_format dspace
spelling upm.eprints-684762019-05-14T02:41:51Z http://psasir.upm.edu.my/id/eprint/68476/ Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia Sandhu, Sukjeet Kaur People crave for status. This status struggle waves for today’s consumer. The obsession with status seeking which displays through consumption of status good has emerged among working women who have experienced increased economic and social influence. While previous studies have presented different factors influences status consumption, a very critical element, which very few studies have included, is money attitude in their predictability model. The money attitude dimension has not been extensively researched especially among working women in Malaysia. The current study investigates the phenomenon of status consumption behaviour among Malaysian working women. Materialism, brand consciousness, social status display, attention to social comparison, collectivism and individualism were examining to predict the status consumption model. For the first time, money attitude was introduced as a moderator variable. Theories such as conspicuous consumption, social comparison and impression management theory were used to predict status consumption model. A sample of 410 working women from Klang Valley were selected through non probability sampling technique. Data for the research were collected through mall intercept concept. Four major mall in Klang Valley area were collected. The research predictability model was tested by using reliability analysis and descriptive analysis. Structural Equation Model (SEM) using Partial Least Square analysis was used to measure the level of status consumption and to investigate the moderating effect of money attitude. The results show that brand consciousness has the strongest relationship with status consumption followed by money attitude, materialism and individualism. The moderation effect of money attitude was also discussed. The results of the study reveals that money attitude as a moderator has a significant impact of the predictability model where R² improved from 60.0% to 66.2%. The role of money attitude is truly important variable in predicting the status consumption behavior. The study contributes to the body of knowledge by providing empirical evidence and improves the understanding of status consumption. 2018-01 Thesis NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/68476/1/fem%202018%203%20ir.pdf Sandhu, Sukjeet Kaur (2018) Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia. Doctoral thesis, Universiti Putra Malaysia. Money - Psychological aspects Consumption (Economics) - Malaysia
spellingShingle Money - Psychological aspects
Consumption (Economics) - Malaysia
Sandhu, Sukjeet Kaur
Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia
title Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia
title_full Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia
title_fullStr Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia
title_full_unstemmed Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia
title_short Moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the Klang Valley, Malaysia
title_sort moderating effect of money attitude on relationship between psychographic factors and status consumption among working women in the klang valley malaysia
topic Money - Psychological aspects
Consumption (Economics) - Malaysia
url http://psasir.upm.edu.my/id/eprint/68476/1/fem%202018%203%20ir.pdf
work_keys_str_mv AT sandhusukjeetkaur moderatingeffectofmoneyattitudeonrelationshipbetweenpsychographicfactorsandstatusconsumptionamongworkingwomenintheklangvalleymalaysia