Risk Perception and Adoption of Joint Versus Individual Liability: The Case of Selected Tribes in Tanzania
Keywords:
risk perception, adoption, joint liability, individual liability, tribes, tanzania
Abstract
Perceive risk is an important factor that influences the adoption intention. Perceived risk associated with the use of microfinance institutions lending model may adversely affect borrowers. Researchers had applied the concept of perceived risk with Technology Acceptance Model (TAM) to measure the use of information technology, but overlooked the use of TAM on microfinance institutions lending models. This study integrates TAM with the adoption of joint vs. individual liability. To address these challenges, a study was conducted from four ethnic groups namely, Gogo, Zaramo, Chagga and Kinga borrowed from PRIDE (T) and FINCA (T). Questionnaires were used to collect information. The Structural Equation Modeling was used to perform the analysis.
Downloads
- Article PDF
- TEI XML Kaleidoscope (download in zip)* (Beta by AI)
- Lens* NISO JATS XML (Beta by AI)
- HTML Kaleidoscope* (Beta by AI)
- DBK XML Kaleidoscope (download in zip)* (Beta by AI)
- LaTeX pdf Kaleidoscope* (Beta by AI)
- EPUB Kaleidoscope* (Beta by AI)
- MD Kaleidoscope* (Beta by AI)
- FO Kaleidoscope* (Beta by AI)
- BIB Kaleidoscope* (Beta by AI)
- LaTeX Kaleidoscope* (Beta by AI)
How to Cite
References
A. Ame (2005) The Effect of Quality on Satisfaction and its Consequences on Customer‟s Behavioral Intentions: A Study of Selected Service Firms in Tanzania: PhD Thesis.
Beatriz Armendáriz de Aghion, Jonathan Morduch (2000) Microfinance Beyond Group Lending. 8(2), 401-420. https://doi.org/10.1111/1468-0351.00049
B. Armendáriz de Aghion, J. Morduch (2010) The Economist of Microfinance.
K. Arrow (1965) Aspects of the Theory of Risk Taking, Jahnssonis Saatio, Yrjo, Helsinki.
O. Attanasio, B. Augsburg, D. Haas, E. Fitzsimons, H. Harmgart (2013) Group Lending or Individual Lending: Evidence from a Randomized Field Experiment in Mongolia, Working Paper No. 20, 1-47. https://doi.org/10.2139/ssrn.2365432
A. Azmi, Y. Kamarulzaman (2010) Adoption of Tex e-filing: Conceptual Paper, Afr. J. Bus. 4(5), 599-603.
G. Barboni, A. Cassar, R. Trejo, B. Wydick (2013) Adverse Selection and Moral Hazard in Joint Liability Loan Contracts: Evidence from an Art factual Field Experiment. 9(2), 153-184.
E. Bartholomaus, R. Mayer (2010) Investigating the Buy Sides Adoption Decision for Technology Driver Execution Opportunities: An Extension of TAM for an Organizational Adoption Context. 63(2), 1-12.
R. Bauer (1960) Consumer Behavior as Risk Taking: Paper Presented at the Dynamic Marketing for a Changing World.
Iris Bohnet, Bruno Frey (1999) Social Distance and Other-Regarding Behavior in Dictator Games: Comment. 89(1), 335-339. https://doi.org/10.1257/aer.89.1.335
F. Bryceson (2010) Dar es Salaam as a Harbour of Peace in East Africa: Tracing the Role of Creolized Urban Ethnicity in Nation State Formation. 19(1), 1-15.
Alan Bryman, Duncan Cramer (2001) Quantitative Data Analysis with SPSS Release 8 for Windows. https://doi.org/10.4324/9780203459621
Gilbert Churchill, J. Peter (1984) Research Design Effects on the Reliability of Rating Scales: A Meta- Analysis. 21(4), 360. https://doi.org/10.2307/3151463
R. Conzales (2005) Society, Religion and History: Central East Tanzania and the World they Created, C.200 BCE to 1800 EE.
A. Comrey, H. Lee (1992) First Course in Factor Analysis (Second Edition), Lawrence Erlbaum Associates, Hillsdale, NJ.
D. Cox (1967) Risk Taking and Information Handling in Consumer Behavior, Paper Presented at the Risk Taking and Information Handling in Consumer Behavior, Boston, MA.
S. Cunningham (1967) Major Dimensions of Perceived Risk, Paper Presented at the Risk Taking and Information Handling in Consumer Behavior, Boston.
Fred Davis, Richard Bagozzi, Paul Warshaw (1989) User Acceptance of Computer Technology: A Comparison of Two Theoretical Models. 35(8), 982-1003. https://doi.org/10.1287/mnsc.35.8.982
M. Featherman, P. Pavlou (2002) Predicting E-services Adoption: A Perceived Risk Facets Perspective, Unpublished Report. 1034-1046.
M. Featherman, M. Fuller (2003) Applying TAM to e-services adoption: the moderating role of perceived risk. 11 pp. https://doi.org/10.1109/hicss.2003.1174433
G. Gaskell, N. Allum, W. Wager, N. Kronberger, H. Torgersen, J. Hamper, J. Bardes (2004) GM Foods and the Misperception of Risk Perception. 24(1), 185-194. https://doi.org/10.1111/j.0272-4332.2004.00421.x
H. Gewald, K. Wüllenweber, T. Weitzel (2006) The Influence of Perceived Risks on Banking Managers' Intention to Outsource Business Processes: A Study of the German Banking and Finance Industry. 7(2), 78-96.
Maitreesh Ghatak, Timothy Guinnane (1999) The economics of lending with joint liability: theory and practice. 60(1), 195-228. https://doi.org/10.1016/s0304-3878(99)00041-3
X. Giné, D. Karlan (2010) Group versus individual liability: Short and long term evidence from Philippine microcredit lending groups.
X. Giné, D. Karlan (2011) Group versus Individual Liability: A Field Experiment in the Philippines, Unpublished Paper, Innovation for Poverty Action and Jameel Poverty Action Lab, Philippines, 1 - 44. 1-44.
J. Hair, B. Black, B. Babin, R. Anderson, R. Tatham (2005) Multivariate Data Analysis, (Sixth Edition), Prentice Hall.
M. Harper (2007) What‟s Wrong with Groups?" in: Dichter T., and Harper M. (eds.). 35-48.
Salah Hassan, Maha Mourad, Ahmed Tolba (2010) Conceptualising the influence of lead users and opinion leaders on accelerating the rate of innovation diffusion. 5(3), 203. https://doi.org/10.1504/ijtmkt.2010.039033
R. Hoyle, Panter (1995) Structural Equation Modeling: In Relation to AMOS Software.
J. Iliffe (2008) Kinga: A History of Modern Tanzania, Unpublished Report, Tanzania.
J. Jacoby, L. Kaplan (1972) Components of Perceived Risk.
K. Joreskog, D. Sorbom (1993) LISREL 8: A Guide to the Program and Applications.
D. Kenny (2012) Measuring Model Fit, Unpublished Paper.
N. Kogen, M. Wallack (1964) Risk Taking: A Study in Cognition and Personality, Holt Rinehart and Winson, New York.
H. Kono (2006) Is Group Lending a Good Enforcement Scheme for Achieving High Repayment Rates? Evidence from Field Experiments in Vietnam, Unpublished Paper, Institute of Developing Economies. 1-33.
Donald Lehmann, James Hulbert (1972) Are Three-Point Scales Always Good Enough?. 9(4), 444-446. https://doi.org/10.1177/002224377200900416
Yung-Ming Li, Yung-Shao Yeh (2010) Increasing trust in mobile commerce through design aesthetics. 26(4), 673-684. https://doi.org/10.1016/j.chb.2010.01.004
H. Lui Kit, R. Jamieson (2010) Integrating Trust and Risk Perceptions in Business to Consumer Electronic Commerce with the TAM, Unpublished Paper, School of Information Systems, Technology and Management. 1-16.
Y. Malhotra, D. Galletta (1999) Extending the technology acceptance model to account for social influence: theoretical bases and empirical validation. I, 14. https://doi.org/10.1109/hicss.1999.772658
R. Maurya (2011) Theory of Joint Liabilities, Adverse Selection, Assortive Matching and Self Financing.
A. Mazrui, I. Shariff (1994) Swahili: Idiom and Identity of an African People, Trenton.
J. Meyer, N. Allen (1997) Commitment in the Workplace: Theory, Research, and Application.
Vincent‐wayne Mitchell (1999) Consumer perceived risk: conceptualisations and models. 33(1/2), 163-195. https://doi.org/10.1108/03090569910249229
Anthony Miyazaki, Ana Fernandez (2001) Internet Privacy and Security: An Examination of Online Retailer Disclosures. 19(1), 54-61. https://doi.org/10.1509/jppm.19.1.54.16942
M. Moga, M. Nor, M. Neculita, N. Khani (2012) Trust and Security in E-banking Adoption in Romania, Communication of the IBIMA, Article ID 583012, Unpublished Paper, IBIMA, Romania, 1-52. 1-52.
Richard Montgomery (1996) Disciplining or Protecting the Poor: Avoiding the Social Costs of Peer Pressure in Micro-Credit Schemes, Journal of International Development, Wiley, Chichester. 8(2), 289-305. https://doi.org/10.1002/(sici)1099-1328(199603)8:2
J. Moore (1997) Teaching a Man to Fish: Micro Loans as a Tool for Economic Development, Unpublished Report, Bangladesh.
D. Narayan (1997) Voices of the Poor: Poverty and Social Capita in Tanzania, Environmentally and Socially Sustainable Development Studies and Monograph Series 20, Unpublished Report, World Bank, Washington DC.
P. Pavlou (2003) Consumer Acceptance of Electronic Commerce: Integrating Trust and Risk with the Technology Acceptance Model. 7(3), 101-134. https://doi.org/10.1080/10864415.2003.11044275
J. Peter, Michael Ryan (1976) An Investigation of Perceived Risk at the Brand Level. 13(2), 184-188. https://doi.org/10.1177/002224377601300210
E. Rogers (1983) Diffusion of Innovations, (Third Edition).
R. Stone, K. Gronhaug (1993) Perceived Risk: Further Consideration for the Marketing. 27(3), 1-39.
A. Strauss, J. Corbin (1998) Basics of Qualitative Research: Techniques and Procedures for Developing Grounded Theory, (Second Edition).
R. Sugden, A. Williams (1983) Principles of Practical Cost - Benefit Analysis.
Carl Thompson (1999) Qualitative Research into Nurse Decision Making: Factors for Consideration in Theoretical Sampling. 9(6), 815-828. https://doi.org/10.1177/104973239900900609
URT (2012) Regions Social Economic Profile, Tanzania.
S. Vannoy, P. Palvia (2010) The social influence model of technology adoption. 53(6), 1-30.
C. Velten (2002) Zaramo: Tanzania Notes and Records, Journal of the Tanzania Society. 77(2), 1-50.
Elke Weber, William Bottom (1989) Axiomatic measures of perceived risk: Some tests and extensions. 2(2), 113-131. https://doi.org/10.1002/bdm.3960020205
Wydick, L. B; Crowley, A. Cassar (2007) The Effect of Social Capital on Group Loan Repayment: Evidence from Field experiments.
Claus-Peter Zeitinger (1996) Micro-Lending in the Russian Federation, in Levitsky, J. 85-94.
Zhihong Li (2010) Influence of Perceived Risk and System Usability on the Adoption of Mobile Banking Service. 051-054.
Published
2015-10-09
Issue
Section
License
Copyright (c) 2015 Authors and Global Journals Private Limited
This work is licensed under a Creative Commons Attribution 4.0 International License.