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The Influence of Perceived Risk Factors on Online Purchase Intention among Millennials in Malaysia

Title: The Influence of Perceived Risk Factors on Online Purchase Intention among Millennials in Malaysia
Authors: Mahbob, Nur Nadiah; Hasim, Muhammad Asyraf; Ishak, Mohd Fikri
Source: Information Management and Business Review; Vol 15 No 3(I) (2023); 50-58 ; 2220-3796 ; 10.22610/imbr.v15i3(I)
Publisher Information: AMH International
Publication Year: 2023
Subject Terms: Perceived risk; financial risk; product risk; convenience risk; non-delivery risk; online purchase intention; millennials
Description: This study investigates perceived risk factors that influence online purchase intention among Millennials in Malaysia. The study examined several predictor variables, namely financial risks, product risks, and non-delivery risks, whereas the result variable under investigation was online purchase intention. The study employs structured questionnaires verified for data collection through face and content validity. The data were analyzed using descriptive statistics through the Statistical Package for Social Sciences (SPSS) version 23. Multiple regression analysis was conducted to ascertain the association between the predictor factors and the outcome variable. The findings indicate a significant relationship between the predictor variables, namely financial risks, product risks, and non-delivery risks, and the outcome variable. The analysis shows that non-return risks exhibited the highest association with online purchase intention. The findings of this study offer significant contributions to the advancement of future research and the enhancement of online entrepreneurs' ability to optimize their online operations and give enhanced consumer value experiences.
Document Type: article in journal/newspaper
File Description: application/pdf
Language: English
Relation: https://ojs.amhinternational.com/index.php/imbr/article/view/3516/2255; https://ojs.amhinternational.com/index.php/imbr/article/view/3516
DOI: 10.22610/imbr.v15i3(I).3516
Availability: https://ojs.amhinternational.com/index.php/imbr/article/view/3516; https://doi.org/10.22610/imbr.v15i3(I).3516
Rights: Copyright (c) 2023 Nur Nadiah Mahbob, Muhammad Asyraf Hasim, Mohd Fikri Ishak ; http://creativecommons.org/licenses/by/4.0
Accession Number: edsbas.7B2C0589
Database: BASE