Parents' Influence on Retirement Planning in Malaysia
Bibliographic Data
| ID | 6062066 |
|---|---|
| Authors | Fatemeh Kimiyaghalam (0000-0003-1641-8383, SEGi University, Malaysia, corresponding author), Shaheen Mansori (0000-0002-2833-7647, INTI International University, Malaysia), Meysam Safari (0000-0001-9356-1859, SEGi University, Malaysia), Stanley Yap (SEGi University, Malaysia), S J Yap (SEGi University) |
| Year | 2017 |
| Volume | 45 |
| Issue | 3 |
| Pages | 315-325 |
| Publication date | 2017-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Family and Consumer Sciences Research Journal (JOURNAL) |
| Journal identifiers | ISSN: 1077-727X • E-ISSN: 1552-3934 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/fcsr.12203 |
| OpenAlex | W2591705526 |
| Language | EN |
| References cited | 38 |
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
Business · Demographic economics · Developmental psychology · Economics · Financial plan · Management · Regression analysis · Retirement planning · Socialization · Theory of planned behavior · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics · Intergenerational Family Dynamics and Caregiving · Psychology · Social Psychology · Finance
Risk and Time Preferences
Financial Literacy of Young Adults
Financial literacy and retirement planning in the United States
The Role of Self‐identity in the Theory of Planned Behavior
Efficacy of the Theory of Planned Behaviour
The theory of planned behavior
SPSS and SAS procedures for estimating indirect effects in simple mediation models
Self-efficacy
Loan Performance among Low-Income Households
Saving behaviour and earnings uncertainty
Connections with banking institutions and diverse asset portfolios in young adulthood
Teaching children to save
Financial literacy and retirement planning in the Netherlands
Psychological, social and economic determinants of saving
Parents’ influence on children’s future orientation and saving
Financial Socialization of First-year College Students
Financial Literacy, Retirement Planning and Household Wealth
Prediction of goal-directed behavior
The moderator–mediator variable distinction in social psychological research
The moderator-mediator variable distinction in social psychological research
| Citation velocity | historical |
|---|---|
| Highly cited | No |