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Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim

Panic buying is an intriguing social phenomenon during a crisis. However, the existing literature primarily emphasises impulsive purchases and fails to address the objective of panic buying. A minimal study has examined panic buying, integrating variables within an S-O-R framework throughout a crisi...

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Main Authors: Chan, Yee-Cheak, Goh, Yen-Nee, Lim, Chee-Ngee
Format: Article
Language:English
Published: Universiti Teknologi Mara, Selangor: Puncak Alam Campus: Faculty of Business and Management 2023
Subjects:
Neurology. Diseases of the nervous system. Including speech disorders
Online Access:https://ir.uitm.edu.my/id/eprint/88094/1/88094.pdf
https://ir.uitm.edu.my/id/eprint/88094/
http://myjms.mohe.gov.my/index.php/JIBE/index
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spelling my.uitm.ir.880942023-12-18T08:26:32Z https://ir.uitm.edu.my/id/eprint/88094/ Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim jibe Chan, Yee-Cheak Goh, Yen-Nee Lim, Chee-Ngee Neurology. Diseases of the nervous system. Including speech disorders Panic buying is an intriguing social phenomenon during a crisis. However, the existing literature primarily emphasises impulsive purchases and fails to address the objective of panic buying. A minimal study has examined panic buying, integrating variables within an S-O-R framework throughout a crisis. Therefore, this study bridges the existing gaps by examining the variables influencing panic buying behaviour in Malaysia. The quantitative and purposive sampling techniques were used to evaluate Malaysians aged 18 and above who have previously encountered panic buying. A total of 280 questionnaires were collected via distribution to social media platforms. Findings reveal that information overload impacts cyberchondria and perceived severity. Furthermore, price consciousness affects panic buying behaviour. No link is found between perceived severity and cyberchondria towards panic buying behavior. This study theoretically contributes to the literature on the variables influencing panic buying behaviour in Malaysia. This study enhances consumers' decision-making knowledge during a crisis. This study also provides insights to the government in ensuring product stability and business operators to undertake appropriate strategies pre- and post-crisis. Future research should consider the developed countries and different product categories. Universiti Teknologi Mara, Selangor: Puncak Alam Campus: Faculty of Business and Management 2023-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/88094/1/88094.pdf Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim. (2023) Journal of International Business, Economics and Entrepreneurship (JIBE) <https://ir.uitm.edu.my/view/publication/Journal_of_International_Business,_Economics_and_Entrepreneurship_=28JIBE=29/>, 8 (2). pp. 42-53. ISSN 2550-1429 http://myjms.mohe.gov.my/index.php/JIBE/index
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Neurology. Diseases of the nervous system. Including speech disorders
spellingShingle Neurology. Diseases of the nervous system. Including speech disorders
Chan, Yee-Cheak
Goh, Yen-Nee
Lim, Chee-Ngee
Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim
description Panic buying is an intriguing social phenomenon during a crisis. However, the existing literature primarily emphasises impulsive purchases and fails to address the objective of panic buying. A minimal study has examined panic buying, integrating variables within an S-O-R framework throughout a crisis. Therefore, this study bridges the existing gaps by examining the variables influencing panic buying behaviour in Malaysia. The quantitative and purposive sampling techniques were used to evaluate Malaysians aged 18 and above who have previously encountered panic buying. A total of 280 questionnaires were collected via distribution to social media platforms. Findings reveal that information overload impacts cyberchondria and perceived severity. Furthermore, price consciousness affects panic buying behaviour. No link is found between perceived severity and cyberchondria towards panic buying behavior. This study theoretically contributes to the literature on the variables influencing panic buying behaviour in Malaysia. This study enhances consumers' decision-making knowledge during a crisis. This study also provides insights to the government in ensuring product stability and business operators to undertake appropriate strategies pre- and post-crisis. Future research should consider the developed countries and different product categories.
format Article
author Chan, Yee-Cheak
Goh, Yen-Nee
Lim, Chee-Ngee
author_facet Chan, Yee-Cheak
Goh, Yen-Nee
Lim, Chee-Ngee
author_sort Chan, Yee-Cheak
title Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim
title_short Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim
title_full Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim
title_fullStr Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim
title_full_unstemmed Are you a panic buyer? Observations from consumers in Malaysia / Yee-Cheak Chan, Yen-Nee Goh and Chee-Ngee Lim
title_sort are you a panic buyer? observations from consumers in malaysia / yee-cheak chan, yen-nee goh and chee-ngee lim
publisher Universiti Teknologi Mara, Selangor: Puncak Alam Campus: Faculty of Business and Management
publishDate 2023
url https://ir.uitm.edu.my/id/eprint/88094/1/88094.pdf
https://ir.uitm.edu.my/id/eprint/88094/
http://myjms.mohe.gov.my/index.php/JIBE/index
_version_ 1787139572005601280
score 13.211869

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