Determining the Effect of Financial Literacy, Materialism and Compulsive Buying Behavior on Borrowing

Helda Yaman; Hatice Özkoç

Article Details

Determining the Effect of Financial Literacy, Materialism and Compulsive Buying Behavior on Borrowing

Authors:

Helda Yaman | Hatice Özkoç

Publisher:

Pamukkale University

Journal:

Pamukkale Üniversitesi İşletme Araştırmaları Dergisi Vol.10 Issue 1-Prof. Dr. Feyzullah EROĞLU Armağan Sayısı, pp.294-311

Document Type:

Article

Publication Date:

5/2023

Document Language:

Turkish

Document ID (Org No.):

2001290293

pISSN:

2757-7260

Keywords:

Abstract:

 Although studies on borrowing at micro level are mostly handled in the context of households, individual borrowing seems to be very important considering the changing family structure today. This study examines the borrowing behaviors of university students in terms of financial literacy levels, materialistic tendencies, and compulsive buying behaviors. A quantitative research method is used in the study, and it is based on data collected through questionnaires from 1034 students studying at the central campus of Muğla Sıtkı Koçman University. Ordered logit models is used in this study and demographic characteristics age, gender of the students are also taken into account. According to the findings, it has been found that there is no relationship between the level of financial literacy and borrowing, while compulsive buying behavior and materialistic tendency had a statistically significant effect on borrowing. While students borrowing attitudes do not change according to the faculty they studied, it is seen that gender and age are partially effective.

 Although studies on borrowing at micro level are mostly handled in the context of households, individual borrowing seems to be very important considering the changing family structure today. This study examines the borrowing behaviors of university students in terms of financial literacy levels, materialistic tendencies, and compulsive buying behaviors. A quantitative research method is used in the study, and it is based on data collected through questionnaires from 1034 students studying at the central campus of Muğla Sıtkı Koçman University. Ordered logit models is used in this study and demographic characteristics age, gender of the students are also taken into account. According to the findings, it has been found that there is no relationship between the level of financial literacy and borrowing, while compulsive buying behavior and materialistic tendency had a statistically significant effect on borrowing. While students borrowing attitudes do not change according to the faculty they studied, it is seen that gender and age are partially effective.

 Although studies on borrowing at micro level are mostly handled in the context of households, individual borrowing seems to be very important considering the changing family structure today. This study examines the borrowing behaviors of university students in terms of financial literacy levels, materialistic tendencies, and compulsive buying behaviors. A quantitative research method is used in the study, and it is based on data collected through questionnaires from 1034 students studying at the central campus of Muğla Sıtkı Koçman University. Ordered logit models is used in this study and demographic characteristics age, gender of the students are also taken into account. According to the findings, it has been found that there is no relationship between the level of financial literacy and borrowing, while compulsive buying behavior and materialistic tendency had a statistically significant effect on borrowing. While students borrowing attitudes do not change according to the faculty they studied, it is seen that gender and age are partially effective.

 Mikro düzeyde borçlanma ile ilgili olarak yapılan çalışmalar çoğunlukla hanehalkı bağlamında ele alınmaktadır. Bununla birlikte günümüzde değişen aile yapıları da dikkate alındığında bireysel olarak borçlanma tutumunun incelenmesi de oldukça önemlidir. Bu çalışma üniversite öğrencilerinin borçlanmaya ilişkin tutumlarını finansal okuryazarlık düzeyleri, materyalist eğilimleri ve kompulsif satın alma davranışları açısından incelemektedir. Çalışmada nicel bir araştırma yöntemi benimsenmiş olup Muğla Sıtkı Koçman Üniversitesi merkez yerleşkesinde eğitimine devam etmekte olan 1034 öğrenciden anket yoluyla veriler toplanmıştır. Öğrencilerin demografik özelliklerinin de dikkate alındığı modelleme kısmında sıralı logit model ve genelleştirilmiş sıralı logit model kullanılmıştır. Elde edilen bulgulara göre finansal okuryazarlık düzeyinin borçlanmaya ilişkin tutumu etkilemediği görülürken kompulsif satın alma davranışı ve materyalist eğilimin istatistiksel olarak borçlanma üzerinde anlamlı bir etkisi bulunmuştur. Öğrencilerin borçlanma tutumları eğitimlerine devam ettikleri fakülteye İİBF ve diğer fakülteler göre değişmezken cinsiyet ve yaşın borçlanma tutumu üzerinde kısmen etkili olduğu görülmüştür.

Article Details

Determining the Effect of Financial Literacy, Materialism and Compulsive Buying Behavior on Borrowing

Authors:

Helda Yaman | Hatice Özkoç

Publisher:

Pamukkale University

Journal:

Pamukkale Üniversitesi İşletme Araştırmaları Dergisi Vol.10 Issue 1-Prof. Dr. Feyzullah EROĞLU Armağan Sayısı, pp.294-311

Document Type:

Article

Publication Date:

5/2023

Document Language:

Turkish

Document ID (Org No.):

2001290293

pISSN:

2757-7260

Borrowing

Financial Literacy

Materialism

Compulsive Buying

Ordered Logit ModelBorçlanma

Finansal Okuryazarlık

Materyalizm

Kompulsif Satın Alma

Sıralı Logit Model

Issues

Article Details

Authors: Helda Yaman | Hatice Özkoç

Publisher: Pamukkale University

Journal: Pamukkale Üniversitesi İşletme Araştırmaları Dergisi Vol.10 Issue 1-Prof. Dr. Feyzullah EROĞLU Armağan Sayısı, pp.294-311

Document Type: Article

Publication Date: 5/2023

Document Language: Turkish

Document ID (Org No.): 2001290293

pISSN: 2757-7260

Issues

Authors:

Helda Yaman | Hatice Özkoç

Publisher:

Pamukkale University

Journal:

Pamukkale Üniversitesi İşletme Araştırmaları Dergisi Vol.10 Issue 1-Prof. Dr. Feyzullah EROĞLU Armağan Sayısı, pp.294-311

Document Type:

Article

Publication Date:

5/2023

Document Language:

Turkish

Document ID (Org No.):

2001290293

pISSN:

2757-7260