Relationship between Materialism and Financial Risk with the Mediating Role of Emotions and Indebtedness

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Authors

  • Soma Mozafari
     MSc of Management, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj ,IR
  • Soran Mowlaie
     PhD student of Marketing Management, Young Researchers and Elite Club, Sanandaj Branch ,IR
  • Kamyar Bahmani
     MSc of Management, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj ,IR

DOI:

https://doi.org/10.18311/jeoh/2017/15656

Keywords:

Banks Customers, Emotions, Financial Risk, Indebtedness, Materialism, Propensity Toward.

Abstract

The purpose of this paper is examination the relationship between Materialism and Financial Risk and with the mediating role of propensity toward indebtedness and emotions so 102 private banks customers in sanandaj selected with stratified sampling by using Kocran's formula after collecting 30 primary questionnaire and calculating final sample number. This study is an applied research and the method is correlational research component and the data collection method was a quantitative research. Measurement tools are standard questionnaire. First Face validity confirmed by related professors of university and then the content validity confirmed by CFA test and PLS software. Pearson correlation tests and SEM were used to test hypothesis relationships. Results show that there is a meaningful negative relationship between Materialism and propensity toward indebtedness and also positive relationship between propensity toward indebtedness and emotions and also propensity toward indebtedness and Financial Risk.

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Author Biographies

Soma Mozafari, MSc of Management, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj

[1] MSc of Management, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran.

Soran Mowlaie, PhD student of Marketing Management, Young Researchers and Elite Club, Sanandaj Branch

Phd student of Marketing Management, Young Researchers and Elite Club, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran, *(Corresponding Author email: mowlaie_soran@yahoo.com),

Kamyar Bahmani, MSc of Management, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj

MSc of Management, Department of Management, Sanandaj Branch, Islamic Azad University, Sanandaj, Iran.

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Published

2017-09-23

How to Cite

Mozafari, S., Mowlaie, S., & Bahmani, K. (2017). Relationship between Materialism and Financial Risk with the Mediating Role of Emotions and Indebtedness. Journal of Ecophysiology and Occupational Health, 17(1-2), 63–67. https://doi.org/10.18311/jeoh/2017/15656

Issue

Volume 17, Issue 1-2, June 2017

Section

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