A study on investment intention among the young salary-earning class, China

Qi, Peng Cheng and Lim, Thien Sang (2022) A study on investment intention among the young salary-earning class, China. Malaysian Journal of Business and Economics, 9 (2). pp. 61-71. ISSN 2289-6856

[img] Text
ABSTRACT.pdf
Download (38kB)
[img] Text
FULL TEXT.pdf
Restricted to Registered users only
Download (832kB)

Abstract

Investment participation among young working adults in the Shandong Province of China seems to be lower compared to other major cities such as Beijing and Shanghai. The money market fund, one of the most common investment instruments accessible by most individual investors, is experiencing a decline in recent years. Hence, this study attempt to examine the factors that influence the attitude toward investment, the association between subjective knowledge and self-efficacy, and whether attitude and self-efficacy are associated with investment intention. A research framework based on the Integrated Behavioural Model (IBM) with further support from the Theory of Planned Behaviour was formed. The study follows the Positivism paradigm to examine if the explanatory variables are associated with response variables. The source language questionnaire is English. Hence, all adapted measurement indicators will be translated into the Simple Chinese language for the benefit of the respondents. Seven Hypothesis will be tested using the Smart-PLS. The contribution of this research may benefit the policymakers and financial players (such as Financial Consultants and Investment Firms and Analysts) in helping them to better understand the predictors of investment intention. The study would clarify the complexity of the decision-making process in the field of financial investment. By yielding additional empirical evidence, the study potentially expanding the explanatory power and relevancy of the behavioural financial theory in the mainstream of finance research.

Item Type: Article
Keyword: China, Integrated behavioural model, Investment intention, Money market fund, Young adult investors
Subjects: H Social Sciences > HG Finance > HG1-9999 Finance > HG1501-3550 Banking > HG1723 Bank stocks. Banking as an investment
H Social Sciences > HG Finance > HG1-9999 Finance > HG201-1496 Money
Department: FACULTY > Faculty of Business, Economics and Accounting
Depositing User: SITI AZIZAH BINTI IDRIS -
Date Deposited: 22 Aug 2023 10:03
Last Modified: 22 Aug 2023 10:03
URI: https://eprints.ums.edu.my/id/eprint/36589

Actions (login required)

View Item View Item