The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia

The uptrend of Malaysian household debt is proven based on statistics of Gross Domestic Product (GDP) from Bank Negara Malaysia. The statistics shows that Malaysian GOP have Increased from 57% in 2002 to 87.9% in 2014. Malaysia Department Insolvency have released the statistics of bankruptcy Mala...

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Main Author:	Nur'Amalyna Eddrus
Format:	Thesis
Language:	English
Published:	2016
Subjects:	HB Economic theory Demography
Online Access:	https://eprints.ums.edu.my/id/eprint/18941/1/The%20effects%20of%20financial%20socialization.pdf
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id	my-ums-ep.18941
record_format	uketd_dc
spelling	my-ums-ep.189412018-02-27T08:07:08Z The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia 2016 Nur'Amalyna Eddrus HB Economic theory. Demography The uptrend of Malaysian household debt is proven based on statistics of Gross Domestic Product (GDP) from Bank Negara Malaysia. The statistics shows that Malaysian GOP have Increased from 57% in 2002 to 87.9% in 2014. Malaysia Department Insolvency have released the statistics of bankruptcy Malaysian based on age in 2012 and the results shows young working adults ages between 35 to 44 years old score the highest marks with 7164 persons. The main purpose of this study is to examine the possible determinants that encourage saving behaviour among young working adults in Malaysia especially In Sabah. Theory of Social learning Theory and Life Cycle Theory were used as the foundation of this study. Through a survey method, 385 questionnaires were distributed physically to Kota Kinabalu, Sandakan, Tawau and Lahad Datu. This study used Partial least Squares Structural Equation Modelling (PLS-SEM) version 2.0 for hypothesis testing. Findings of this study that obtained by using Smart PLS software found that parents influence, peers influence, mass media influence and financial literacy has significant positive relationship with saving behaviours of young working adults. This study also found out that self-efficacy does not have moderate effects on the relationship between these study determinants [parents influence, peers influence, mass media influence and financial literacy] and saving behaviours. The findings have theoretical and managerial implications and suggestion for future studies also been provided in order to overcome the limitations of current study. 2016 Thesis https://eprints.ums.edu.my/id/eprint/18941/ https://eprints.ums.edu.my/id/eprint/18941/1/The%20effects%20of%20financial%20socialization.pdf text en public masters Universiti Malaysia Sabah Faculty of Business, Economics and Accounting
institution	Universiti Malaysia Sabah
collection	UMS Institutional Repository
language	English
topic	HB Economic theory Demography
spellingShingle	HB Economic theory Demography Nur'Amalyna Eddrus The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia
description	The uptrend of Malaysian household debt is proven based on statistics of Gross Domestic Product (GDP) from Bank Negara Malaysia. The statistics shows that Malaysian GOP have Increased from 57% in 2002 to 87.9% in 2014. Malaysia Department Insolvency have released the statistics of bankruptcy Malaysian based on age in 2012 and the results shows young working adults ages between 35 to 44 years old score the highest marks with 7164 persons. The main purpose of this study is to examine the possible determinants that encourage saving behaviour among young working adults in Malaysia especially In Sabah. Theory of Social learning Theory and Life Cycle Theory were used as the foundation of this study. Through a survey method, 385 questionnaires were distributed physically to Kota Kinabalu, Sandakan, Tawau and Lahad Datu. This study used Partial least Squares Structural Equation Modelling (PLS-SEM) version 2.0 for hypothesis testing. Findings of this study that obtained by using Smart PLS software found that parents influence, peers influence, mass media influence and financial literacy has significant positive relationship with saving behaviours of young working adults. This study also found out that self-efficacy does not have moderate effects on the relationship between these study determinants [parents influence, peers influence, mass media influence and financial literacy] and saving behaviours. The findings have theoretical and managerial implications and suggestion for future studies also been provided in order to overcome the limitations of current study.
format	Thesis
qualification_level	Master's degree
author	Nur'Amalyna Eddrus
author_facet	Nur'Amalyna Eddrus
author_sort	Nur'Amalyna Eddrus
title	The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia
title_short	The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia
title_full	The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia
title_fullStr	The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia
title_full_unstemmed	The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia
title_sort	effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of sabah, malaysia
granting_institution	Universiti Malaysia Sabah
granting_department	Faculty of Business, Economics and Accounting
publishDate	2016
url	https://eprints.ums.edu.my/id/eprint/18941/1/The%20effects%20of%20financial%20socialization.pdf
_version_	1747836499068452864

The effects of financial socialization and financial literacy on saving behaviour of young working adults with self-efficacy as moderator : a study in main cities of Sabah, Malaysia

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