Relation of Parental Caring to Conspicuous Consumption Attitudes in Adolescents

Compensatory consumption and consumer compromises: a state-of-the-art review

“…Beyond the middle classes, recent work finds less affluent individuals and families and those populating emerging economies engaging in conspicuous purchases, especially in terms of seeking luxury products (Charles, Hurst & Roussanov, 2009;Hamilton, 2009;Souiden, M'Saad & Pons, 2011). Psychologically speaking, antecedents include selfesteem, self-image, social status and popularity (Shukla & Sharma, 2009), as well as attachment and parental caring during adolescence (Gudmunson & Beutler, 2012).…”

An Investigation on Conspicuous Consumption from Perspective of Sport Products

“…Conspicuous consumption as a concept originates from consumer behavior since 1899 ( Veblen, 1899) and according to the conspicuous-consumption theory, people consume highly observable goods to signal that they are wealthy to others and as primarily to display goods and services to gain social status (Veblen, [1899] 1994; Gudmunson and Beutler, 2012). Conspicuous consumption is defi ned by Gudmunson and Beutler (2012, p.389) as "a pattern of behavior whereby consumers ostentatiously obtain, use and display material goods and services to gain social status more than to meet utilitarian needs".…”

“…Besides, the literature share common concerns with the rise of a culture consumption which seek to infl uence adolescent behavior (Gudmunson and Beutler, 2012). Youth were posturing themselves through goods and services purchased and displayed status, power, provocation, and pleasure seeking (Belk, 1988).…”

Parenting, Adolescents’ Future Orientation, and Adolescents’ Efficient Financial Behaviors in Young Adulthood

“…Parenting behaviors or parent-child relationship quality have been found to be crucial for children's adjustment in many ways, such as high self-esteem, positive self-concept, self-confidence, better academic achievement, less depression, less anti-social behaviors and healthier relationship skills (e.g., Aquilino, 2006;Carlson, 2006;Reczek et al, 2017;Stafford et al, 2016). In addition, some studies found the link between poor parent-child relationships and negative financial attitudes and/or behaviors, such as materialism and conspicuous consumption; poor parent-child relationships (e.g., less attached parent-child relationships or less nurturing mothers) are more likely to be related to materialism in children (Jiang et al, 2015;Kasser et al, 1995) and conspicuous consumption (Gudmunson and Beutler, 2012), whereas adolescents with higher satisfaction in the relationships with their parents were less likely to hold materialism (Bae, 2016;Flouri, 1999). In addition, children whose parents are authoritative are more likely to have money conscientiousness and save money (Ashby et al, 2011;Kim et al, 2011;Nyhus and Webley, 2007).…”