Back to the future: returning to silver-backed money in Sri Lanka

Purpose The purpose of this paper is to investigate the drivers of the behaviour intention to use the Silver-Backed Mobile Payment System (SBMPS) among the residents of Kattankudy, Sri Lanka. Design/methodology/approach Based on technology adoption model theory, a conceptual framework was devis...

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Main Authors: Lebbe, Suhail Sinna, Mohamad, Azhar, Sifat, Imtiaz Mohammad
Format: Article
Language:English
English
English
Published: Emerald Group Publishing Ltd. 2019
Subjects:
Online Access:http://irep.iium.edu.my/48279/
http://irep.iium.edu.my/48279/
http://irep.iium.edu.my/48279/
http://irep.iium.edu.my/48279/1/48279_Back%20to%20the%20future.pdf
http://irep.iium.edu.my/48279/2/48279_Back%20to%20the%20future_SCOPUS.pdf
http://irep.iium.edu.my/48279/3/48279_Back%20to%20the%20future_WOS.pdf
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recordtype eprints
spelling iium-482792019-07-12T07:43:22Z http://irep.iium.edu.my/48279/ Back to the future: returning to silver-backed money in Sri Lanka Lebbe, Suhail Sinna Mohamad, Azhar Sifat, Imtiaz Mohammad HG Finance HG201 Money Purpose The purpose of this paper is to investigate the drivers of the behaviour intention to use the Silver-Backed Mobile Payment System (SBMPS) among the residents of Kattankudy, Sri Lanka. Design/methodology/approach Based on technology adoption model theory, a conceptual framework was devised, which was later tested via structural equation modelling (SEM) using valid responses from a survey questionnaire. Findings The results indicated that perceived usefulness and subjective norms have positive relationships and perceived risk a negative relationship with people’s behavioural intention to adopt SBMPS. In addition, the respondents were primarily motivated by faith (Islam) and also by economic advantages to adopt SBMPS. Research limitations/implications Religion, culture, gender, income level, age and educational level could be used as moderating factors for better understanding of people’s behaviour intentions. A Multi-cultural demographic may shed further light. Social implications This paper not only makes awareness of the importance of real (commodity) money but also provides the understanding of people’s willingness and the underlying motivations to practically implement the system without threatening the legal tender. Originality/value Extant research has mainly focused on the validity and the conceptual ideas to return to gold and silver money. This paper has been an extension to practically implement real money without threatening the legal tender by investigating the determinants of people’s willingness to return to silver money and understanding their motivations underlying those decisions Emerald Group Publishing Ltd. 2019-01-07 Article PeerReviewed application/pdf en http://irep.iium.edu.my/48279/1/48279_Back%20to%20the%20future.pdf application/pdf en http://irep.iium.edu.my/48279/2/48279_Back%20to%20the%20future_SCOPUS.pdf application/pdf en http://irep.iium.edu.my/48279/3/48279_Back%20to%20the%20future_WOS.pdf Lebbe, Suhail Sinna and Mohamad, Azhar and Sifat, Imtiaz Mohammad (2019) Back to the future: returning to silver-backed money in Sri Lanka. Journal of Islamic Accounting and Business Research, 10 (1). pp. 73-97. ISSN 1759-0817 E-ISSN 1759-0825 https://www.emeraldinsight.com/doi/full/10.1108/JIABR-08-2015-0039 10.1108/JIABR-08-2015-0039
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
English
topic HG Finance
HG201 Money
spellingShingle HG Finance
HG201 Money
Lebbe, Suhail Sinna
Mohamad, Azhar
Sifat, Imtiaz Mohammad
Back to the future: returning to silver-backed money in Sri Lanka
description Purpose The purpose of this paper is to investigate the drivers of the behaviour intention to use the Silver-Backed Mobile Payment System (SBMPS) among the residents of Kattankudy, Sri Lanka. Design/methodology/approach Based on technology adoption model theory, a conceptual framework was devised, which was later tested via structural equation modelling (SEM) using valid responses from a survey questionnaire. Findings The results indicated that perceived usefulness and subjective norms have positive relationships and perceived risk a negative relationship with people’s behavioural intention to adopt SBMPS. In addition, the respondents were primarily motivated by faith (Islam) and also by economic advantages to adopt SBMPS. Research limitations/implications Religion, culture, gender, income level, age and educational level could be used as moderating factors for better understanding of people’s behaviour intentions. A Multi-cultural demographic may shed further light. Social implications This paper not only makes awareness of the importance of real (commodity) money but also provides the understanding of people’s willingness and the underlying motivations to practically implement the system without threatening the legal tender. Originality/value Extant research has mainly focused on the validity and the conceptual ideas to return to gold and silver money. This paper has been an extension to practically implement real money without threatening the legal tender by investigating the determinants of people’s willingness to return to silver money and understanding their motivations underlying those decisions
format Article
author Lebbe, Suhail Sinna
Mohamad, Azhar
Sifat, Imtiaz Mohammad
author_facet Lebbe, Suhail Sinna
Mohamad, Azhar
Sifat, Imtiaz Mohammad
author_sort Lebbe, Suhail Sinna
title Back to the future: returning to silver-backed money in Sri Lanka
title_short Back to the future: returning to silver-backed money in Sri Lanka
title_full Back to the future: returning to silver-backed money in Sri Lanka
title_fullStr Back to the future: returning to silver-backed money in Sri Lanka
title_full_unstemmed Back to the future: returning to silver-backed money in Sri Lanka
title_sort back to the future: returning to silver-backed money in sri lanka
publisher Emerald Group Publishing Ltd.
publishDate 2019
url http://irep.iium.edu.my/48279/
http://irep.iium.edu.my/48279/
http://irep.iium.edu.my/48279/
http://irep.iium.edu.my/48279/1/48279_Back%20to%20the%20future.pdf
http://irep.iium.edu.my/48279/2/48279_Back%20to%20the%20future_SCOPUS.pdf
http://irep.iium.edu.my/48279/3/48279_Back%20to%20the%20future_WOS.pdf
first_indexed 2023-09-18T21:08:31Z
last_indexed 2023-09-18T21:08:31Z
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