Mediating effect of self-coping mechanisms on associations between financial practices and financial security of female-headed households
Coping process involves contingency actions of individual to alter their cognitive and behaviour to cope with stress encountering events in life. Self-coping mechanisms were examined further as mediating effect between financial practices and financial security among female-headed households in Mala...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English English |
| Published: |
Malaysian Consumer and Family Economics Association (MACFEA)
2016
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/67430/ http://irep.iium.edu.my/67430/ http://irep.iium.edu.my/67430/7/67430%20Mediating%20effect%20of%20self-coping%20mechanisms.pdf http://irep.iium.edu.my/67430/8/67430%20Mediating%20effect%20of%20self-coping%20mechanisms%20SCOPUS.pdf |
| Summary: | Coping process involves contingency actions of individual to alter their cognitive and behaviour to cope with stress encountering events in life. Self-coping mechanisms were examined further as mediating effect between financial practices and financial security among female-headed households in Malaysia. A model was then constructed based on Characteristics Theory, Cognitive of Stress and Coping Theory. A multi-stage random sampling was executed and a self-administered survey was executed to collect data from 600 respondents from six single mother associations at every zone in Malaysia. A structural equation modelling using AMOS software was used to examine mediating effect of self-coping mechanisms in a relationship between financial practices and financial security of female-headed households in Malaysia. The findings support that a significant relationship exists between indirect and mediating models. The study revealed that there is a partial mediating effect of self-coping mechanisms between financial practices and financial security. The role of self-coping mechanisms is crucial to grasp a better understanding of how financial practices and financial security are related to improving the living standards of female-headed households. Implications and limitations of the study are dissussed further. |
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