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The role of perceived behavioural control as mediator on financial Incentives towards saving in a voluntary retirement fund


Citation

Yusof, Radduan and Sabri, Mohamad Fazli and Abd. Rahim, Husniyah and Md. Jusoh, Zuroni (2019) The role of perceived behavioural control as mediator on financial Incentives towards saving in a voluntary retirement fund. Advances in Business Research International Journal (ABRIJ), 5 (1). pp. 144-156. ISSN 2462-1838

Abstract

The purpose of the mediation analysis is to investigate how perceived behavioural control mediates the relationship between the cash and tax incentives towards the intention to save in a voluntary retirement fund. A quantitative approach was adopted analysing 384 responses collected through a nationwide multistage proportionate cluster sampling. A nonparametric sampling procedure using bootstrapping following the Preacher and Hayes technique in mediating analysis were employed. The specific indirect effect from the bootstrapping result concluded that tax incentives influence the saving intention via perceived behavioural control, in contrast to cash incentives which is not significant. Predicting a person’s intention to save in a voluntary retirement fund is an important issue, and the findings of this study would have practical implications on policy makers and commercial marketers alike, as it would help to encourage retirement savings through voluntary funds to prevent financial insufficiency in the golden age.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Human Ecology
Publisher: Faculty of Business and Management, Universiti Teknologi MARA
Keywords: Voluntary retirement fund; Social security; Retirement savings; Financial incentives
Depositing User: Mr. Sazali Mohamad
Date Deposited: 17 Oct 2020 21:30
Last Modified: 17 Oct 2020 21:30
URI: http://psasir.upm.edu.my/id/eprint/82593
Statistic Details: View Download Statistic

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