| Description |
1 online resource (225 p.) |
| Series |
Routledge Advances in Management and Business Studies |
|
Routledge advances in management and business studies.
|
| Contents |
Cover -- Half Title -- Series Information -- Title Page -- Copyright Page -- Table of contents -- Figures -- Tables -- Preface -- Acknowledgements -- Abbreviations -- 1 Overview: Consumer financial vulnerabilities in Malaysia -- 1.0 Introduction -- 1.1 Background of Malaysia -- 1.1.1 Economic status -- 1.1.2 Population -- 1.1.3 Household income -- 1.2 Consumer finances -- 1.2.1 Issues in consumer finances -- 1.2.2 Background of consumer financial vulnerabilities in Malaysia -- 1.2.2.1 Over-indebtedness -- 1.2.2.2 Retirement savings inadequacy -- 1.2.2.3 Financial fraud victimisation |
|
1.2.2.4 Underinsurance -- 1.3 Malaysian National Strategy for Financial Literacy 2019-2023 -- 1.4 Structure of the book -- References -- 2 Consumer debt: Friend or foe?: Exploring its causes and consequences -- 2.0 Introduction -- 2.1 Definition of concepts -- 2.1.1 Definition of consumer debt -- 2.1.2 Definition of over-indebtedness -- 2.2 Statistics on household debt and bankruptcy in Malaysia -- 2.2.1 Composition of household debt -- 2.2.2 Bankruptcy statistics -- 2.3 Types of household debt and providers of consumer financing -- 2.3.1 Types of consumer debt |
|
2.3.2 Types of lenders that provide loans to households -- 2.4 A theoretical perspective on over-indebtedness -- 2.4.1 Consumption theories -- 2.4.2 Rational choice theory -- 2.4.3 Prospect theory -- 2.5 Empirical studies on consumer indebtedness -- 2.5.1 Research themes on over-indebtedness -- 2.5.2 Causes of over-indebtedness: Psychological factors -- 2.5.2.1 Financial literacy -- 2.5.2.2 Attitudes -- 2.5.2.3 Social norms -- 2.5.2.4 Overconfidence -- 2.5.2.5 Materialism -- 2.5.2.6 Self-control -- 2.5.3 Causes of over-indebtedness: Socio-demographic factors |
|
2.5.4 Consequences of over-indebtedness on psychological welfare -- 2.5.5 Consequences of over-indebtedness on socio-economic welfare -- 2.6 Policy recommendations -- Notes -- References -- 3 Will Malaysians retire in contentment or misery? Financial behaviour issues approaching old age -- 3.0 Introduction -- 3.1 Retirement issues -- the Malaysian scenario -- 3.1.1 Population ageing -- 3.1.2 Economic consequences of population ageing -- 3.2 Retirement savings schemes in Malaysia -- 3.2.1 Defined benefit plans -- 3.2.1.1 Public-sector employees -- 3.2.1.2 Armed forces |
|
3.2.2 Defined contribution plans -- 3.2.2.1 Private-sector employees -- 3.2.2.2 Private Retirement Scheme -- 3.3 Malaysia's savings -- 3.3.1 Definition of savings -- 3.3.2 Malaysia's national saving rates -- 3.3.3 Retirement savings in EPF -- 3.3.4 The concern about low savings -- 3.4 Retirement planning -- 3.4.1 The retirement planning process -- 3.4.2 Challenges in retirement planning -- 3.5 A theoretical perspective on retirement saving -- 3.5.1 Theories of saving -- 3.5.1.1 Life-cycle hypothesis -- 3.5.1.2 Behavioural life-cycle hypothesis -- Self-control -- Rules -- Mental accounting |
| Notes |
Description based upon print version of record |
| Form |
Electronic book
|
| Author |
Abd Sukor, Mohd Edil
|
|
Ismail, Izlin
|
|
Rahman, Mahfuzur
|
| ISBN |
9780429623561 |
|
0429623569 |
|
