The effects of religiosity and ethnicity on money attitudes among Malaysians / Mohammadreza Moalemi

Moalemi, Mohammadreza (2013) The effects of religiosity and ethnicity on money attitudes among Malaysians / Mohammadreza Moalemi. Masters thesis, University of Malaya.

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        Abstract

        This study focuses on the relationship between different demographic characteristics and Money Attitudes among Malaysians. Also it looks at the effect of religiosity on money attitudes of individuals. A total number of 337 responses were taken into account to analyze the related hypotheses. This study used the measurement proposed by Klontz, Britt, Mentzer, & Klontz (2011) to measure the money attitudes of Malaysians. This measurement identifies four distinct money beliefs namely, money avoidance, money worship, money status, and money vigilance. According to the results of the statistical analyses, less educated, lower net-assets individuals, and those who has been in lower middle-class group during childhood are more money avoidant people than others. Less religious individuals have more money status and more money worship attitudes than religious people. Males and singles show more money worship attitudes than females and married individuals. Younger individuals, Malays, and Muslims show more money vigilant attitudes than others groups. Also lower income individuals show more overall money attitude score comparing to higher income persons. Overall the results of this study can help financial practitioners in Malaysia to have a better understanding of different demographic groups’ attitudes toward money and provide them with better financial planning and instruction.

        Item Type: Thesis (Masters)
        Additional Information: Submitted to the Graduate School of Business Faculty of Business and Accountancy University of Malaya, in partial fulfillment of the requirement for the degree of Master of Business Administration
        Uncontrolled Keywords: Money Attitudes; effect of religiosity on money attitudes of individuals
        Subjects: H Social Sciences > HB Economic Theory
        H Social Sciences > HF Commerce
        Divisions: Faculty of Science
        Depositing User: Ms Rabiahtul Adauwiyah
        Date Deposited: 20 Jun 2013 10:56
        Last Modified: 11 Jul 2013 10:37
        URI: http://studentsrepo.um.edu.my/id/eprint/4033

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