Sikap isi rumah terhadap hutang dan keberhutangan: kajian kes di Lembah Klang, Malaysia

Abstract

The number of household indebtedness in Malaysia is much higher than that of other countries with comparable per capita income. A study was conducted to analyze households’ attitudes towards debt and its relation with household indebtedness. Using the Klang Valley population as the sample, and a binary logit regression analysis, the study found that attitudes play a role in determining a household indebtedness. However, data from the factors attitude formation suggest that variables such as religion, ethnicity, and social norms were influential in determining households’ attitudes towards debt. The study suggests those positive households’ attitudes towards debt and indebtedness can be enhanced through education intervention. A proper knowledge about debt may minimize household’s problem related to excessive indebtedness, which are crucial for the maintenance of their well-being.