NSU Research Contributions
Title : Attitude Towards Money: Mediation to Money Management
Authors : Sheela Sundarasen, Muhammad Sabbir Rahman
Abstract : This study empirically investigates the relevance of an 'individual's attitude towards money' as a mediator between perceived financial literacy and parental norms on money management. The study also examines the roles of parental norms and perceived financial literacy on money management of young adults. The authors used data collected via questionnaire from young adults, represented by postgraduate students in both private and public institution of higher learning. Structural Equation Modeling (SEM) analysis is applied to establish the causal relationship between the constructs on the proposed model. The results from this study indicate that parental norms, perceived financial literacy and attitude towards money play a significant role on money management. Interestingly, attitude towards money is a full mediator between parental norms and money management but the reverse for perceived financial literacy and money management.
| Journal : Academy of Accounting and Financial Studies Journal | Volume : 21 | Year : 2017 | Issue : 1 |
| Pages : 1-17 | City : | Edition : | Editors : |
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