Financial behaviour of Muslim investment consumers in Malaysia : a religion measurement invariance analysis /
This study examines a religion measurement invariance of a first-order factor model of financial behavior among Muslim Investors in Malaysia. Data elicited via a survey questionnaire was analyzed using both the Statistical Package for Social Sciences (SPSS) 22.0 and Amos 22.0 software. The study rev...
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| Main Author: | |
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| Format: | Thesis |
| Language: | English |
| Published: |
Kuala Lumpur :
IIUM Institute of Islamic Banking and Finance, International Islamic University Malaysia,
2016
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| Subjects: | |
| Online Access: | Click here to view 1st 24 pages of the thesis. Members can view fulltext at the specified PCs in the library. |
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| Summary: | This study examines a religion measurement invariance of a first-order factor model of financial behavior among Muslim Investors in Malaysia. Data elicited via a survey questionnaire was analyzed using both the Statistical Package for Social Sciences (SPSS) 22.0 and Amos 22.0 software. The study revealed that financial behaviour as a first order factor is indicated by regret aversion, mental accounting, cognitive dissonance, anchoring, herding, and overconfidence first. Measurement invariance was tested based on self-reported level of religion adherence via a set of hierarchically structured levels: a) configural invariance, b) metric invariance of the first-order model, c) intercepts of the first-order model, and d) residuals of the first-order model. Moreover, based on t-test at alpha of0.001, the latent mean difference tests of the first order model indicators was also assessed for statistically significant difference on a path by path basis along religion demographic divides. |
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| Physical Description: | xii, 44 leaves : illustrations ; 30cm. |
| Bibliography: | Includes bibliographical references (leaves 41-44). |