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Loan shark: why/how youth chose loan sharking as an occupation?


Loi, Chai Ken and Rodriguez, Adriana Maria Ortega and Abdullah, Haslinda (2013) Loan shark: why/how youth chose loan sharking as an occupation? In: International Conference on Youth 2013 (ICYOUTH 2013), 29-31 Oct. 2013, Mines Wellness Hotel, Sri Kembangan, Selangor. .


Generally speaking, Loan Shark refers to those individuals or organizations that lend money at excessively and often illegally high rates of interest; and tend to use violent and harsh methods to collect debts. In Malaysia, there are on-going cases of helpless borrowers been beaten up and had their properties damaged or destroyed, and in some extreme cases victims that cannot afford to repay their debts have committed suicide. We believe that to tackle this loan sharking issue in Malaysia, it is necessary to understand the cause motives that drive young people to join such treacherous and immoral industry. By investigating factors that contribute to choose loan sharking as occupation and or career, we could find effective ways to reduce young people interest or participation in such risky occupation. After reviewing Krumboltz’s, Holland’s and Super’s theory on career development; Super’s theory seemed the best as framework for understanding occupation/career choices among youth. Hence, this conference paper will focus on the description of Super’s career development theory as the framework to investigate the motives that drive young people in Malaysia to join such treacherous and immoral industry. The paper is a description of the research proposal for the study.

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Additional Metadata

Item Type: Conference or Workshop Item (Paper)
Divisions: Faculty of Human Ecology
Institute for Social Science Studies
Publisher: Institute for Social Science Studies, Universiti Putra Malaysia
Keywords: Archway model; Career development; Entrepreneurship; Loan-sharking; Youth
Depositing User: Nabilah Mustapa
Date Deposited: 03 Sep 2018 04:52
Last Modified: 03 Sep 2018 04:52
URI: http://psasir.upm.edu.my/id/eprint/65075
Statistic Details: View Download Statistic

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