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|Title: ||Savings patterns of public sector workers: A Case of Assin Fosu police municipal division|
|Authors: ||Appiah, Owiredu|
|Issue Date: ||6-Apr-2016|
|Abstract: ||The study assessed the savings pattern of public sector workers, the case of Assin Fosu police Municipal Division. This study employed the cross sectional survey research design. A cluster sampling technique was adopted to select the respondents. A structured questionnaire was used to collect the data. A total of 150 respondents were randomly selected for the study. Logistic regression and cross tabulation was used in the analysis of data. The attitude of the respondents towards savings was measured using a perception index.
The study revealed that most (78%) of the respondents are in the active age group (up to 40) with the majority (73.3%) being males. Again the majority of the respondent has SSCE/WASSCE as the highest educational level and most of them are married.
The findings of the study revealed that 83.3 percent of the respondents do save. The majority (71.3%) of those who save prefer saving in the bank. Most (48%) of the respondent gave safety of savings as the major reason influencing their decision to save a particular institution. The results also revealed that there is an association between gender, marital status, educational level and income per month and the respondent's decision to save. The perception index of the statements in totality towards saving is 0.354, meaning that all the respondents agree with all the statements. The results of the logistic regression show that gender, number of dependents and expenditure per month negatively and significantly influence the respondent’s decision to save. However, respondent’s income per month positively influences the respondent’s decision to save.
It can be concluded that most of the respondents do save but with varying amounts.|
|Description: ||A Thesis submitted to the School of Business, Kwame Nkrumah University of Science and Technology in partial fulfillment of the requirements for the degree of Master of Business Administration, 2015|
|Appears in Collections:||College of Arts and Social Sciences|
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