Bequest motives among older Malays in Selangor

A bequest motive seeks to provide an economic justification for the phenomenon of intergenerational transfers of wealth. In other words, it is to explain why people leave wealth behind when they die. The objective of this study is to identify what motivates the bequest transfers among older Malays...

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Main Authors: Shyue, Chuan Chong, Suhaili Alma’amun, Bik, Kai Sia
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2015
Online Access:http://journalarticle.ukm.my/9588/
http://journalarticle.ukm.my/9588/1/jeko_49%282%29-2.pdf
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author Shyue, Chuan Chong
Suhaili Alma’amun,
Bik, Kai Sia
author_facet Shyue, Chuan Chong
Suhaili Alma’amun,
Bik, Kai Sia
author_sort Shyue, Chuan Chong
building UKM Institutional Repository
collection Online Access
description A bequest motive seeks to provide an economic justification for the phenomenon of intergenerational transfers of wealth. In other words, it is to explain why people leave wealth behind when they die. The objective of this study is to identify what motivates the bequest transfers among older Malays in Selangor – the largest ethnic group in Malaysia for which a bequest is culturally and religiously constructed within the society. This primary data were collected through face-to-face interviews using a structured questionnaire in the second quarter of 2011 with a total sample size of 280 older Malays aged 50 years or above in the state of Selangor. From the findings, it was discovered that older Malays in Selangor, conformed more to the altruism model than other bequest models.
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spelling oai:generic.eprints.org:95882016-12-14T06:50:23Z http://journalarticle.ukm.my/9588/ Bequest motives among older Malays in Selangor Shyue, Chuan Chong Suhaili Alma’amun, Bik, Kai Sia A bequest motive seeks to provide an economic justification for the phenomenon of intergenerational transfers of wealth. In other words, it is to explain why people leave wealth behind when they die. The objective of this study is to identify what motivates the bequest transfers among older Malays in Selangor – the largest ethnic group in Malaysia for which a bequest is culturally and religiously constructed within the society. This primary data were collected through face-to-face interviews using a structured questionnaire in the second quarter of 2011 with a total sample size of 280 older Malays aged 50 years or above in the state of Selangor. From the findings, it was discovered that older Malays in Selangor, conformed more to the altruism model than other bequest models. Penerbit Universiti Kebangsaan Malaysia 2015 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/9588/1/jeko_49%282%29-2.pdf Shyue, Chuan Chong and Suhaili Alma’amun, and Bik, Kai Sia (2015) Bequest motives among older Malays in Selangor. Jurnal Ekonomi Malaysia, 49 (2). pp. 17-26. ISSN 0127-1962 http://www.ukm.my/fep/jem/current.html
spellingShingle Shyue, Chuan Chong
Suhaili Alma’amun,
Bik, Kai Sia
Bequest motives among older Malays in Selangor
title Bequest motives among older Malays in Selangor
title_full Bequest motives among older Malays in Selangor
title_fullStr Bequest motives among older Malays in Selangor
title_full_unstemmed Bequest motives among older Malays in Selangor
title_short Bequest motives among older Malays in Selangor
title_sort bequest motives among older malays in selangor
url http://journalarticle.ukm.my/9588/
http://journalarticle.ukm.my/9588/
http://journalarticle.ukm.my/9588/1/jeko_49%282%29-2.pdf