Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan
The aim of this paper was to examine the determinants of debt behavior by generation Y. Despite various studies done on savings and debt behavior of students, the relationship between financial education, debt attitude, peer influence and power prestige towards debt behavior among generation Y in Uz...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Mattingley Publishing
2020
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| Online Access: | http://psasir.upm.edu.my/id/eprint/88394/ http://psasir.upm.edu.my/id/eprint/88394/1/ABSTRACT.pdf |
| _version_ | 1848860609713537024 |
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| author | Jamilakhon, Kholmatova Singh, Jugindar Singh Kartar Subramaniam, Anusuiya Suppramaniam, Subaashnii |
| author_facet | Jamilakhon, Kholmatova Singh, Jugindar Singh Kartar Subramaniam, Anusuiya Suppramaniam, Subaashnii |
| author_sort | Jamilakhon, Kholmatova |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | The aim of this paper was to examine the determinants of debt behavior by generation Y. Despite various studies done on savings and debt behavior of students, the relationship between financial education, debt attitude, peer influence and power prestige towards debt behavior among generation Y in Uzbekistan is still unclear. There is a dearth of studies relating to the debt behavior of generation Y individuals in Uzbekistan. This quantitative research collected primary data using self-administered questionnaires, which were sent to generation Yindividuals in Uzbekistan. Data collected from 107 respondents was analyzed using SPSS statistical tool. Based on multiple regression analysis, it was found that only power prestige had a significant impact on debt behavior of generation Y individuals. Financial education, debt attitude and peer influence did not show a significant influence on debt behavior. The findings shed further light on the role of financial education, attitude, peer influence and power prestige in debt behavior. The information provided by this research can help authorities to develop measures to address the rising level of debt. This is the first study of its kind to examine debt behavior among Generation Y individuals in Uzbekistan. |
| first_indexed | 2025-11-15T12:47:58Z |
| format | Article |
| id | upm-88394 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T12:47:58Z |
| publishDate | 2020 |
| publisher | Mattingley Publishing |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-883942021-12-29T03:20:40Z http://psasir.upm.edu.my/id/eprint/88394/ Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan Jamilakhon, Kholmatova Singh, Jugindar Singh Kartar Subramaniam, Anusuiya Suppramaniam, Subaashnii The aim of this paper was to examine the determinants of debt behavior by generation Y. Despite various studies done on savings and debt behavior of students, the relationship between financial education, debt attitude, peer influence and power prestige towards debt behavior among generation Y in Uzbekistan is still unclear. There is a dearth of studies relating to the debt behavior of generation Y individuals in Uzbekistan. This quantitative research collected primary data using self-administered questionnaires, which were sent to generation Yindividuals in Uzbekistan. Data collected from 107 respondents was analyzed using SPSS statistical tool. Based on multiple regression analysis, it was found that only power prestige had a significant impact on debt behavior of generation Y individuals. Financial education, debt attitude and peer influence did not show a significant influence on debt behavior. The findings shed further light on the role of financial education, attitude, peer influence and power prestige in debt behavior. The information provided by this research can help authorities to develop measures to address the rising level of debt. This is the first study of its kind to examine debt behavior among Generation Y individuals in Uzbekistan. Mattingley Publishing 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/88394/1/ABSTRACT.pdf Jamilakhon, Kholmatova and Singh, Jugindar Singh Kartar and Subramaniam, Anusuiya and Suppramaniam, Subaashnii (2020) Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan. Test Engineering and Management, 82. 891 - 904. ISSN 0193-4120 http://www.testmagzine.biz/index.php/testmagzine/article/view/1042 |
| spellingShingle | Jamilakhon, Kholmatova Singh, Jugindar Singh Kartar Subramaniam, Anusuiya Suppramaniam, Subaashnii Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan |
| title | Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan |
| title_full | Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan |
| title_fullStr | Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan |
| title_full_unstemmed | Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan |
| title_short | Determinants of debt behavior. A quantitative study among generation Y individuals in Tashkent, Uzbekistan |
| title_sort | determinants of debt behavior. a quantitative study among generation y individuals in tashkent, uzbekistan |
| url | http://psasir.upm.edu.my/id/eprint/88394/ http://psasir.upm.edu.my/id/eprint/88394/ http://psasir.upm.edu.my/id/eprint/88394/1/ABSTRACT.pdf |