IDEAS home Printed from https://ideas.repec.org/a/vrs/erapso/v13y2020i21p1-14n1.html
   My bibliography  Save this article

Acquisition Centrality, Locus of Control and the Influence of Religion in Everyday Life: The Case of Urban Consumer Class of Bangladesh

Author

Listed:
  • Masoom Muhammad Rehan

    (School of Business & Economics, United International University, Bangladesh PhD Researcher, Bangladesh University of Professionals, Bangladesh)

Abstract

The present study addresses the consequences of materialistic value-orientation (i.e. Acquisition Centrality) on the effect of the sense of control on religious experiences of the urban consumer class of Bangladesh. The central thesis is that economic transformation may contribute to the materialistic value-orientation and exert a control on the social experience; nonetheless, it would not exert any effect between the relationship of the Locus of Control and the role of religion. To test the thesis, the research investigates; given the economic growth begets acquisition centrality on a larger scale and these values, in return, often form the new purpose of social lives and emerge as a potential social force of modernity. Can religion as a century-old social institution continue to have strong-hold on the definition of social reality? To answer the question, this Cross-sectional research administered a survey of 1246 respondents from ten randomly selected distinct areas of Dhaka city and analyzed the data within a structural equation modeling (SEM) framework. The findings suggest that the people with high (External) sense of control are more likely to be influenced by their religious experiences and the people with low (Internal) sense of control have high Acquisition Centrality; Acquisition Centrality strengthened the influence of External Locus of Control on the influence of religion.

Suggested Citation

  • Masoom Muhammad Rehan, 2020. "Acquisition Centrality, Locus of Control and the Influence of Religion in Everyday Life: The Case of Urban Consumer Class of Bangladesh," European Review of Applied Sociology, Sciendo, vol. 13(21), pages 1-14, December.
  • Handle: RePEc:vrs:erapso:v:13:y:2020:i:21:p:1-14:n:1
    DOI: 10.1515/eras-2020-0006
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/eras-2020-0006
    Download Restriction: no

    File URL: https://libkey.io/10.1515/eras-2020-0006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andrew M. Baker & George P. Moschis & Fon Sim Ong & Ra-Pee Pattanapanyasat, 2013. "Materialism and Life Satisfaction: The Role of Stress and Religiosity," Journal of Consumer Affairs, Wiley Blackwell, vol. 47(3), pages 548-563, November.
    2. Richins, Marsha L & Dawson, Scott, 1992. "A Consumer Values Orientation for Materialism and Its Measurement: Scale Development and Validation," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 19(3), pages 303-316, December.
    3. Muhammad Rehan Masoom & Md Moniruzzaman Sarker, 2017. "Rising materialism in the developing economy: Assessing materialistic value orientation in contemporary Bangladesh," Cogent Business & Management, Taylor & Francis Journals, vol. 4(1), pages 1345049-134, January.
    4. World Bank, 2016. "World Development Indicators 2016," World Bank Publications - Books, The World Bank Group, number 23969, December.
    5. Richins, Marsha L, 1994. "Valuing Things: The Public and Private Meanings of Possessions," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 21(3), pages 504-521, December.
    6. Burroughs, James E & Rindfleisch, Aric, 2002. "Materialism and Well-Being: A Conflicting Values Perspective," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 29(3), pages 348-370, December.
    7. Liselot Hudders & Mario Pandelaere, 2012. "The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being," Journal of Happiness Studies, Springer, vol. 13(3), pages 411-437, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Thyroff, Anastasia & Kilbourne, William E., 2018. "Self-enhancement and individual competitiveness as mediators in the materialism/consumer satisfaction relationship," Journal of Business Research, Elsevier, vol. 92(C), pages 189-196.
    2. Amy Isham & Birgitta Gatersleben & Tim Jackson, 2021. "Materialism and the Experience of Flow," Journal of Happiness Studies, Springer, vol. 22(4), pages 1745-1768, April.
    3. Sundie, Jill M. & Pandelaere, Mario & Lens, Inge & Warlop, Luk, 2020. "Setting the bar: The influence of women’s conspicuous display on men’s affiliative behavior," Journal of Business Research, Elsevier, vol. 120(C), pages 569-585.
    4. Ryoo, Yuhosua & Sung, Yongjun & Chechelnytska, Inna, 2020. "What makes materialistic consumers more ethical? Self-benefit vs. other-benefit appeals," Journal of Business Research, Elsevier, vol. 110(C), pages 173-183.
    5. Tan, Yuxuan & Gong, Yanping & Xie, Julan & Li, Jian & Liu, Yongdan, 2022. "More mindfulness, less conspicuous consumption? Evidence from middle-aged Chinese consumers," Journal of Retailing and Consumer Services, Elsevier, vol. 69(C).
    6. Gong Sun & Wangshuai Wang & Zhiming Cheng & Jie Li & Junhua Chen, 2017. "The Intermediate Linkage Between Materialism and Luxury Consumption: Evidence from the Emerging Market of China," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 132(1), pages 475-487, May.
    7. Jaspers, Esther, 2018. "Opening up on consumer materialism," Other publications TiSEM a21cb1c8-5af1-46cc-9ea0-a, Tilburg University, School of Economics and Management.
    8. Lumnije Thaçi & Arbnora Gërxhaliu, 2018. "Tax Structure and Developing Countries," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 4, January -.
    9. Guillard, Valérie, 2009. "La tendance de certains consommateurs à tout garder," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/5480 edited by Pinson, Christian.
    10. Flurry, Laura A. & Swimberghe, Krist & Allen, Juliann, 2021. "Exposing the moderating impact of parent-child value congruence on the relationship between adolescents’ materialism and subjective well-being," Journal of Business Research, Elsevier, vol. 128(C), pages 290-302.
    11. Zolfagharian, Mohammadali & Ulusoy, Ebru, 2017. "Inter-Generational Pendula (IGP): Toward a theory of immigrant identity, materialism and religiosity," International Journal of Research in Marketing, Elsevier, vol. 34(3), pages 678-693.
    12. Rimple Manchanda, 2019. "Materialism – A Conceptualization for Contemporary Research," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 10(1), pages 48-54, January.
    13. M. Joseph Sirgy & Grace B. Yu & Dong-Jin Lee & Mohsen Joshanloo & Michael Bosnjak & Jinfeng Jiao & Ahmet Ekici & Eda Gurel Atay & Stephan Grzeskowiak, 2021. "The Dual Model of Materialism: Success Versus Happiness Materialism on Present and Future Life Satisfaction," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(1), pages 201-220, February.
    14. Chan, Wing Yin & To, Chester K.M. & Chu, Wai Ching, 2015. "Materialistic consumers who seek unique products: How does their need for status and their affective response facilitate the repurchase intention of luxury goods?," Journal of Retailing and Consumer Services, Elsevier, vol. 27(C), pages 1-10.
    15. Cleveland, Mark & Iyer, Rajesh & Babin, Barry J., 2023. "Social media usage, materialism and psychological well-being among immigrant consumers," Journal of Business Research, Elsevier, vol. 155(PB).
    16. Juan Francisco Dávila & Mònica Casabayó & Jatinder Jit Singh, 2017. "A World beyond Family: How External Factors Impact the Level of Materialism in Children," Journal of Consumer Affairs, Wiley Blackwell, vol. 51(1), pages 162-182, March.
    17. Castro, Damaris & Bleys, Brent, 2023. "Do people think they have enough? A subjective income sufficiency assessment," Ecological Economics, Elsevier, vol. 205(C).
    18. Liselot Hudders & Mario Pandelaere, 2012. "The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being," Journal of Happiness Studies, Springer, vol. 13(3), pages 411-437, June.
    19. Muhammad Rehan Masoom & Md Moniruzzaman Sarker, 2017. "Rising materialism in the developing economy: Assessing materialistic value orientation in contemporary Bangladesh," Cogent Business & Management, Taylor & Francis Journals, vol. 4(1), pages 1345049-134, January.
    20. Zsótér, Boglárka & Nagy, Péter, 2012. "Our Everyday Emotions and Finances – The role money-related attitudes and materialistic orienta-tion play in developing financial culture," Public Finance Quarterly, Corvinus University of Budapest, vol. 57(3), pages 286-297.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:erapso:v:13:y:2020:i:21:p:1-14:n:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.