Parents' Influence on Retirement Planning in Malaysia
Many studies have indicated that the development of children's behavior is strongly influenced by their parents’ behavior during childhood. This paper applied the theory of planned behavior as a basis for the analysis of data from a sample of 520 Malaysians aged 18 and over. Regression analysis...
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American Association of Family and Consumer Sciences
2017
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my-inti-eprints.8352017-07-10T08:52:22Z http://eprints.intimal.edu.my/835/ Parents' Influence on Retirement Planning in Malaysia Mansori, Shaheen HQ The family. Marriage. Woman Many studies have indicated that the development of children's behavior is strongly influenced by their parents’ behavior during childhood. This paper applied the theory of planned behavior as a basis for the analysis of data from a sample of 520 Malaysians aged 18 and over. Regression analysis was used to assess the relationship between parents’ financial behavior and their children's retirement planning. Results showed that: (a) parents play a significant role as agents of financial socialization for their children's retirement planning behavior, and (b) saving attitude mediates this relationship. Suggestions for policymakers and future research are presented. American Association of Family and Consumer Sciences 2017 Article PeerReviewed Mansori, Shaheen (2017) Parents' Influence on Retirement Planning in Malaysia. Family and Consumer Sciences Research Journal, 45 (3). pp. 315-325. http://onlinelibrary.wiley.com/doi/10.1111/fcsr.12203/full 10.1111/fcsr.12203 |
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Asia |
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Malaysia |
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INTI International University |
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INTI Institutional Repository |
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http://eprints.intimal.edu.my |
| topic |
HQ The family. Marriage. Woman |
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HQ The family. Marriage. Woman Mansori, Shaheen Parents' Influence on Retirement Planning in Malaysia |
| description |
Many studies have indicated that the development of children's behavior is strongly influenced by their parents’ behavior during childhood. This paper applied the theory of planned behavior as a basis for the analysis of data from a sample of 520 Malaysians aged 18 and over. Regression analysis was used to assess the relationship between parents’ financial behavior and their children's retirement planning. Results showed that: (a) parents play a significant role as agents of financial socialization for their children's retirement planning behavior, and (b) saving attitude mediates this relationship. Suggestions for policymakers and future research are presented. |
| format |
Article |
| author |
Mansori, Shaheen |
| author_facet |
Mansori, Shaheen |
| author_sort |
Mansori, Shaheen |
| title |
Parents' Influence on Retirement Planning in Malaysia |
| title_short |
Parents' Influence on Retirement Planning in Malaysia |
| title_full |
Parents' Influence on Retirement Planning in Malaysia |
| title_fullStr |
Parents' Influence on Retirement Planning in Malaysia |
| title_full_unstemmed |
Parents' Influence on Retirement Planning in Malaysia |
| title_sort |
parents' influence on retirement planning in malaysia |
| publisher |
American Association of Family and Consumer Sciences |
| publishDate |
2017 |
| url |
http://eprints.intimal.edu.my/835/ http://onlinelibrary.wiley.com/doi/10.1111/fcsr.12203/full |
| _version_ |
1644541316107862016 |
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13.211869 |