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The role of educators and the influence of financial behavior on personal financial distress among undergrad students of public universities in Sabah, Malaysia
Nelson Lajuni1, Imbarine Bujang2, Abdul Aziz Karia3, Yusman Yacob4.
The issues of financial mismanagement among youths has been growing at an
alarming rate lately as reported by The Malay Mail Online in 2016 that on average eleven
youth declared bankrupt every day, therefore, immediate corrective measures need to be
identified on whether the roles of educators and change in financial behavior may lead to the
solution to this problem. The purpose of this work is to analyze the role of educators and the
influence of financial behavior towards personal financial distress of undergrads in Sabah,
Malaysia. Five hundred copies of questionnaires were disseminated, however, only four
hundred and fifty-four usable copies were subsequently called up and deemed usable after the
data cleaning process. The data were then analyzed using Partial Least Squares-Structural
Equation Modelling. Common method variance and non-response bias were checked
statistically and addressed. The results suggest that educators and financial behavior influence
were able to explain and predict personal financial distress of undergrads students in Sabah,
Malaysia. As more and more youth entangle with financial mismanagement nowadays, this
work offers contribution to the literature by offering insights into the field of personal financial
distress of undergrads that could help stakeholders to take necessary steps to tackle this matter
the right way.
Affiliation:
- Universiti Malaysia Sabah, Malaysia
- Universiti Teknologi MARA, Malaysia
- Universiti Teknologi MARA, Malaysia
- Universiti Teknologi MARA, Malaysia
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