Arab consumers' behavior towards credit card usage: A comparative analysis of consumers across Middle Eastern Countries

Journal of Transnational Management

Volumn 12, Issue 1, 2006, Pages 69-86

  Sulaiti, Khalid Al ^a   Ahmed, Zafar U ^b   Beldona, Sri ^c  

^a QATAR UNIVERSITY   (Qatar)

^b TEXAS A AND M UNIVERSITY COMMERCE   (United States)

^c UNIVERSITY OF DALLAS   (United States)

Author keywords

Arab consumer behavior; Arab credit card usage; Qatar Bahrain Kuwait credit card usage

Indexed keywords

EID: 33847354772     PISSN: 15475778     EISSN: 15475786     Source Type: Journal    
DOI: 10.1300/J482v12n01_05     Document Type: Article

References (45)

1. Adcock, W., Hirschman, E. and Goldstucker, J. 1977. Bank Credit Users: On Updated Profile. In W.D. Perreaut (ed.), Advances in Consumer Research, Vol. 4, Atlanta, pp. 236-241.
2. Awh, R. and Waters, D. 1974. A Discriminant Analysis of Economic, Demographic and Attitudinal Characteristics of Bank Charge card holders: A Case Study. Journal of Finance, Vol. 29, No. 3, pp. 973-980.
3. Bird, E.J., Hagstrom, P.A., and Wild, R. 1997. Credit Cards and the Poor. Institute for Research on Poverty, Discussion Paper, 1148-1197.
4. Bloom, D.E. and Steen, T.P. 1987. Living on Credit. American Demographics, October, pp. 22-29.
5. Braunsberger, Karin, Laurie A. Lucas, and Dave Roach. 2004. The Effectiveness of Credit-Card Regulation for Vulnerable Consumers. Journal of Services Marketing, Vol. 18 (4/5), pp. 358-370.
6. Canner, G. and Cyrnak, A. 1985. Determinants of Consumer Credit Card Usage Patterns Among US Families. Journal of Retail Banking, Vol. 8, pp. 9-18.
7. Canner, G.B. and Luckett, C.A. 1992. Development in the Pricing of Credit Card Services. Federal Reserve Bulletin, Vol. 78, pp. 652-666.
8. Chebat, J., Laroche, M. and Malette, H. 1988. A Cross-Cultural Comparison of Attitudes towards and Usage of Credit Cards. The International Journal of Bank Marketing, Vol. 6, No. 4, pp. 42-54.
9. Chien, Y. and Devaney, S.A. 2001. The Effects of Credit Attitude and Socioeconomic Factors on Credit Card and Installment Debt. The Journal of Consumer Affairs, Vol. 35, No. 1, pp. 162-179.
10. Courtless, J.C. 1993. Trends in Consumer Credit. Family Economics Review, Vol. 6, No. 3, pp. 8-17.
11. Crook, J.N., Hamilton, R. and Thomas, L.C. 1992. Credit Card Holders: Characteristics of Users and Non-Users. The Service Industries Journal, Vol. 12, No. 2, pp. 251-262.
12. Epstein, J.D. 2001, January 28th. Banks Moving Toward Niche Marketing, Web Technology Seen as Key to Industry's Growth. Retrieved from HYPERLINK http://www.delawareonline.com/newsjournal/business/2001/01/ 28fdca2.html
13. Fairlamb, D. 2002. Suddenly, all Europe is saying "charge it;" The Euro and net shopping have ignited credit-card use, Business Week, April 8, No. 3777, p. 34.
14. Fitzgerald, K. 2003. They're back: Card marketers on campus. Credit Card Management, Vol. 16, No. 3, pp. 18-20.
15. Fock, Henry K.Y., Ka-shing Woo, and Michael K. Hui., 2005. The Impact of Prestigious Partner on Affinity Card Marketing. European Journal of Marketing, Vol. 39 (a/2), pp. 33-53.
16. Godwin, D.D. 1997. Dynamics of Households' Income, Debt and Attitudes Toward Credit, 1983-1989. The Journal of Consumer Affairs, Vol. 31, No. 2, pp. 303-325.
17. Hayhoe, C., Leach, L., Turner, P., Bruin, M. and Lawrence, F. 2000. Differences in Spending Habits and Credit Use Of College Students. Journal of Consumer Affairs, Vol. 34, No. 1, pp. 113-134.
18. Jover, M. and Allen, J. 1996. Knowledge and Use of Credit Cards By College Students. Proceedings of the 25th Annual Conference of the Eastern Family Economics and Resource Management Association, pp. 189-191.
19. Kaynak, E., Ugur, Y. and MacGregor, R. 1986. Attitudinal and Behavioral Characteristics of American and Canadian Credit Card Holders. Journal of Professional Services Marketing, Vol. 1, No. 3, pp. 101-119.
20. Kaynak, E. and Harcar, T. 2001. Consumers' Attitudes and Intentions Towards Credit Card Usage in An Advanced Developing Country. Journal of Financial Services Marketing, Vol. 6, No. 1, pp. 24-39.
21. Kinsey, J. and McAlister, R. 1981. Consumer Knowledge of the Costs of Open-end Credit. The Journal of Consumer Affairs, Vol. 15, No. 2, pp. 249-270.
22. King, Amanda Swift. 2004. Untangling the Effects of Credit Cards on Money Demand: Convenience Usage Vs. Borrowing. Quarterly Journal of Business and Economics, Vol. 43 (1/2), pp. 57-80.
23. Lea, S., Webley, P., and Levine, R.M. 1993. The Economic Psychology of Consumer Debt. Journal of Economic Psychology, Vol. 14, No. 1, pp. 85-119.
24. Levitt, T. 1983. The Globalization of Markets. Harvard Business Review, May-June, pp. 92-102.
25. Lindley, J.T., Rudolph, P., and Selby, E.B. 1989. Credit Card Possessions and Use: Changes Over Time. Journal of Economics and Business, Vol. 41, pp. 127-142.
26. Martell, T. and Fitts, R. 1985. A Quadratic Discriminant Analysis of Bank Credit Card User Characteristics. Journal of Economic and Business,Vol. 33, pp. 153-159.
27. Medina, J. F. and Chau, C. 1998. Credit Card Usage Behavior Between Anglos and Hispanics. Hispanics Journal of Behavioral Science, Vol. 20, No. 4, pp. 429-448.
28. Medina, J.F. and Pavlos, M. 1994. Adoption of Novel Consumer Durable Goods in Less Developed Countries. Journal of Marketing Theory and Practice, Vol. 2, No. 4, pp. 77-90.
29. Modigliani, F. 1986. Life Cycle, Individual Thrift, and the Wealth of Nations. American Economic Review, Vol. 76, 297-313.
30. Nejdet, D. 1995. An Empirical Examination of Consumer Payment System Attribute Perceptions and Preferences:ACross-Cultural Perspective. Journal of Professional Services Marketing, Vol. 12, No. 1, pp. 53-71.
31. Nejdet, D. and Katzenstein, H. 1994. Credit Card Possession and Other Payment System: Use Patterns Among Asian and Hispanic Consumers. The International Journal of Bank Marketing, Vol. 12, No. 4, pp. 12-25.
32. Palmer, T.S., Pinto, M.B., and Parente, D.H. 2001. College students' credit card debt and the role of parental involvement: Implications for public policy, Journal of Public Policy and Marketing, Vol. 20, No. 1, pp. 105-13.
33. Pinto, M. and Parente, D. 2000. Materialism and credit card use by college student. Psychological Reports, Vol. 86, No. 2, pp. 643-53.
34. Plummer, J. 1971. Life Style Patterns and Commercial Bank Credit Card Usage. Journal of Marketing, Vol. 35, April, pp. 35-41.
35. Rast, B. 2000. Credit Card Dangers. Business & Economic Review, April-June: 24-25.
36. Roberts, J.A., and Jones, E. 2001. Money Attitudes, Credit Card Use, and Compulsive Buying Among American College Students. Journal of Consumer Affairs, Vo. 35, No. 2, pp. 213-240.
37. Rolfe, R. 2003.,Eastern Europe plays catch-up. Credit Card Management, Vol. 16, No. 10, pp. 48-51.
38. Russell, T. 1975. The Economics of Bank Credit Cards, New York: Praeger. Saudi Credit Card Market (n.d.) Retrieved March 29th 2002 from http://www.menafn.com/updates/research_center/Saudi_arabia/special_ed/ ccficredit.pdf
39. Simon, R. and Whelan, C. 2003.The new credo on campus: "just charge it"-credit-card companies target students before freshman year; should your kid get one? Wall Street Journal, September 3, p. D1.
40. Slocum, J. and Matthews, H. 1975. Social Class and Income as Indicators of Consumer Credit Behavior. Journal of Marketing, Vol. 35, April, pp. 59-74.
41. Till, R. and Hand, D. 2003., Behavioral models of credit card usage. Journal of Applied Statistics, Vol. 30, No. 10, pp. 1201-1220.
42. Wedel, M. 2001. Is Segmentation History? Marketing Research, Winter: Pp. 26-29.
43. Wrighton, J. and Kranhold, K. 2004. GE banks on emerging markets-consumer-finance unit to test new strategy in Eastern Europe-Citigroup faces big competition. Wall Street Journal, August 24, p. C1.
44. Yieh, K. 1996. Who Has a Negative Attitude Toward Installment Debt in the U.S. Consumer Interests Annual, Vol. 42, pp. 135-440.
45. Zhu, L. and Carol, M. 1994. Effects of Low Income Families' Ability and Willingness to Use Consumer Credit on Subsequent Outstanding Credit Balances. The Journal of Consumer Affairs, Vol. 28, No. 2, pp. 403-422.