Abstract
Money attitude, materialism and compulsive buying among Malaysian young adults
Highlights
The results indicated that power prestige and anxiety dimensions of money attitude had significant effects on compulsive buying via materialism
All composite reliability (CR) values were higher than the benchmark of 0.7 as suggested by Fornell and Larcker (1981), and the average variance extracted (AVE) for all constructs was greater than 0.50 (Table 1)
This study has aimed to examine whether materialism has a mediating effect on the relationship between money attitude and compulsive buying
Summary
One of the factors of indebtedness or bankruptcy is compulsive buying which regularly results in financial problems and debts (Achtziger, Hubert, Kenning, Raab, & Reisch, 2015; Goldsmith & McElroy, 2000). Christenson et al (1994) state that compulsive buying usually begins in late adolescence or early adulthood, the age range in which individuals are typically enrolled in universities Such pathological behaviour has increased in the past 10 years (Neuner, Raab & Reisch, 2005) and is getting worse among younger people (Dittmar, 2005). Quoquab, Yasin and Banu (2013) who studied the mediating role of materialism between perceived social image and compulsive buying found that compulsivity was more prevalent among young consumers especially those in the age range of 18 to 24 years old. Such uncontrolled and excessive buying have led to emotional depression and serious effects in many youths. This study will shed light on their future buying tendencies
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
