Record Details

Influences of peer relations and locus of control on students’ financial extravagance

International Journal of Development and Management Review

View Archive Info
 
 
Field Value
 
Title Influences of peer relations and locus of control on students’ financial extravagance
 
Creator Ugokwe-Ossai, RN
Ucheagwu, VA
 
Subject Locus of control, Financial extravagance and Peer relations
 
Description Effort to checkmate extravagance and maximize gain is the focus of all organizations more in this period of global financial crisis. There is need therefore to checkmate unnecessary financial spending. This study examines the influence of the variables, peer relations and locus of control, on such
spending among University students. Three hundred (144 males and 156 females) participants were used for the study. Their ages ranged between 20-30 years with mean age of 26.07. Nowicki-Strickland Locus of Control Scale, Index of Peer Relations and Extravagant Life Assessment Scale were three
instruments used for the study. A Two Way ANOVA statistics was used in analyzing the data. The study showed no significant difference between the two polars peer relations on extravagant Life style, while significant difference
existed between the two locus of control orientations on extravagance. However interactions of the two variables portrayed peer relations as a strong modulator towards spending in both domains of locus of control. Discussions
and recommendations from the findings were made, with emphasis on balancing the scale.
 
Publisher Directorate of General Studies, FUT, Owerri
 
Contributor —
 
Date 2011-06-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ajol.info/index.php/ijdmr/article/view/66998
10.4314/ijdmr.v6i1.66998
 
Source International Journal of Development and Management Review; Vol 6, No 1 (2011)
 
Language eng
 
Relation http://www.ajol.info/index.php/ijdmr/article/view/66998/55115
 
Rights Either the Editor, the Editorial Board (individually or collectively) or the Development and Management Study Group (DMSG) assumes any responsibility for statements of facts or opinions in the papers published and are therefore absolved of any legal liability. The authors are in every way responsible for the contents of individual articles.Reproduction of any sort, including photocopying of this journal or portions of it, or any storage whatsoever, by any person(s) without prior permission of the copyright owners, is prohibited.© Copyright reserved by Development and Management Study Group (DMGS)