Credit card risk behavior on college campuses: Evidence from Brazil

Página do item simplificado
dc.contributor.authorMendes-Da-Silva W.
dc.contributor.authorNakamura W.T.
dc.contributor.authorde Moraes D.C.
dc.date.accessioned2024-03-13T01:07:51Z
dc.date.available2024-03-13T01:07:51Z
dc.date.issued2012
dc.description.abstractCollege students frequently show they have little skill when it comes to using a credit card in a responsible manner. This article deals with this issue in an emerging market and in a pioneering manner. University students (n = 769) in São Paulo, Brazil's main financial center, replied to a questionnaire about their credit card use habits. Using Logit models, associations were discovered between personal characteristics and credit card use habits that involve financially risky behavior. The main results were: (a) a larger number of credit cards increases the probability of risky behavior; (b) students who alleged they knew what interest rates the card administrators were charging were less inclined to engage in risky behavior. The results are of interest to the financial industry, to university managers and to policy makers. This article points to the advisability, indeed necessity, of providing students with information about the use of financial products (notably credit cards) bearing in mind the high interest rates which their users are charged. The findings regarding student behavior in the use of credit cards in emerging economies are both significant and relevant. Furthermore, financial literature, while recognizing the importance of the topic, has not significantly examined the phenomenon in emerging economies. © 2012 Brazilian Administration Review. All rights reserved.
dc.description.firstpage351
dc.description.issuenumber3
dc.description.lastpage373
dc.description.volume9
dc.identifier.doi10.1590/S1807-76922012000300007
dc.identifier.issn1807-7692
dc.identifier.urihttps://dspace.mackenzie.br/handle/10899/36796
dc.relation.ispartofBAR - Brazilian Administration Review
dc.rightsAcesso Aberto
dc.subject.otherlanguageConsumers
dc.subject.otherlanguageCredit cards
dc.subject.otherlanguageEmerging market
dc.subject.otherlanguagePersonal finance
dc.subject.otherlanguageYoung adults
dc.titleCredit card risk behavior on college campuses: Evidence from Brazil
dc.typeArtigo
local.scopus.citations16
local.scopus.eid2-s2.0-84866452096
local.scopus.updated2024-05-01
local.scopus.urlhttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84866452096&origin=inward
Arquivos
Coleções
Artigos de periódico