Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy

The objective of this study is to determine the effect of disseminating financial information via user generated content and firm generated content on millennials’ purchase intention of Shariah-compliant shares. A convenience sampling procedure using online questionnaires from millennials in Malaysi...

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Main Author: De Costa, Mohd Feroz Shah
Format: Article
Language:English
Published: Asian Scholars Network 2020
Online Access:http://psasir.upm.edu.my/id/eprint/88954/1/ABSTRACT.pdf
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author De Costa, Mohd Feroz Shah
author_facet De Costa, Mohd Feroz Shah
author_sort De Costa, Mohd Feroz Shah
collection UPM
description The objective of this study is to determine the effect of disseminating financial information via user generated content and firm generated content on millennials’ purchase intention of Shariah-compliant shares. A convenience sampling procedure using online questionnaires from millennials in Malaysia was used to test seven hypotheses based on prior literature. The partial least squares structural equation modelling (PLS-SEM) technique was used to analyse this study. The findings of this study indicated that user generated content and firm generated content positively influence brand attitude. By applying the signalling theory, the result showed a contradictive outcome to previous literature. User generated content has no direct effect on the purchase intention of Shariah-compliant online stocks. Theoretical and managerial implications of online financial communication and social impact branding as an integrated marketing strategy are discussed.
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spelling upm.eprints-889542021-11-01T23:26:33Z http://psasir.upm.edu.my/id/eprint/88954/ Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy De Costa, Mohd Feroz Shah The objective of this study is to determine the effect of disseminating financial information via user generated content and firm generated content on millennials’ purchase intention of Shariah-compliant shares. A convenience sampling procedure using online questionnaires from millennials in Malaysia was used to test seven hypotheses based on prior literature. The partial least squares structural equation modelling (PLS-SEM) technique was used to analyse this study. The findings of this study indicated that user generated content and firm generated content positively influence brand attitude. By applying the signalling theory, the result showed a contradictive outcome to previous literature. User generated content has no direct effect on the purchase intention of Shariah-compliant online stocks. Theoretical and managerial implications of online financial communication and social impact branding as an integrated marketing strategy are discussed. Asian Scholars Network 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/88954/1/ABSTRACT.pdf De Costa, Mohd Feroz Shah (2020) Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy. International Journal of Advanced Research in Economics and Finance, 2 (2). 60 - 69. ISSN 2682-812X https://myjms.mohe.gov.my/index.php/ijaref/article/view/10199
spellingShingle De Costa, Mohd Feroz Shah
Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy
title Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy
title_full Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy
title_fullStr Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy
title_full_unstemmed Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy
title_short Factors affecting gen Y’s purchase intention of online shares: the fusion of online financial communication and social impact branding as an integrated marketing communication strategy
title_sort factors affecting gen y s purchase intention of online shares the fusion of online financial communication and social impact branding as an integrated marketing communication strategy
url http://psasir.upm.edu.my/id/eprint/88954/1/ABSTRACT.pdf
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