Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards

According to the theories of development economics and behavioural economics, saving is important for economic growth. Life-cycle and permanent income hypotheses are important for private saving behaviour and investment. The data was collected in person or by email, using quota sampling of 459 salar...

Full description

Saved in:

Bibliographic Details
Main Author:	Waqar Munir, Munir
Format:	Thesis
Language:	English
Published:	2024
Subjects:	HB Economic Theory HC Economic History and Conditions
Online Access:	http://ir.unimas.my/id/eprint/46056/3/Thesis_%20Waqar%20Munir.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-unimas-ir.46056
record_format	uketd_dc
spelling	my-unimas-ir.460562024-09-22T23:59:04Z Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards 2024-09-18 Waqar Munir, Munir HB Economic Theory HC Economic History and Conditions According to the theories of development economics and behavioural economics, saving is important for economic growth. Life-cycle and permanent income hypotheses are important for private saving behaviour and investment. The data was collected in person or by email, using quota sampling of 459 salaried people with modified and adapted questionnaires for quantitative analysis from federal employees on scales from BPS-17 to BPS-22. The study's unique quantitative framework addresses private saving, consumption, and retirement planning with financial investment decisions. Smart-PLS v3.0 and SPSS v25.0 were used for regression analysis and the instrument's reliability and validity. The PLS-SEM results revealed that living standards do not affect saving and investment as much as consumption and investment in moderation. A strong relationship existed between saving, consumption, living standards, retirement planning, and investment decisions. Investment scams affect retirement planning, saving, and investment decisions. The moderation of retirement planning showed no effect on scams and investment decisions, as well as between consumption and investment decisions. The chi-square test showed that demographics positively affected savings and investment decisions, except for pay scale and profession. There is a need for better policies, regulations, and benefits to manage investment fraud and help employees with retirement planning. Policymakers and the government should encourage saving to boost economic growth and capital inflow, benefiting individuals, the government, and society as a whole. University of Malaysia Sarawak Campus 2024-09 Thesis http://ir.unimas.my/id/eprint/46056/ http://ir.unimas.my/id/eprint/46056/3/Thesis_%20Waqar%20Munir.pdf text en public phd doctoral Faculty of Economics and Business Faculty of Economics and Business
institution	Universiti Malaysia Sarawak
collection	UNIMAS Institutional Repository
language	English
topic	HB Economic Theory HC Economic History and Conditions
spellingShingle	HB Economic Theory HC Economic History and Conditions Waqar Munir, Munir Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards
description	According to the theories of development economics and behavioural economics, saving is important for economic growth. Life-cycle and permanent income hypotheses are important for private saving behaviour and investment. The data was collected in person or by email, using quota sampling of 459 salaried people with modified and adapted questionnaires for quantitative analysis from federal employees on scales from BPS-17 to BPS-22. The study's unique quantitative framework addresses private saving, consumption, and retirement planning with financial investment decisions. Smart-PLS v3.0 and SPSS v25.0 were used for regression analysis and the instrument's reliability and validity. The PLS-SEM results revealed that living standards do not affect saving and investment as much as consumption and investment in moderation. A strong relationship existed between saving, consumption, living standards, retirement planning, and investment decisions. Investment scams affect retirement planning, saving, and investment decisions. The moderation of retirement planning showed no effect on scams and investment decisions, as well as between consumption and investment decisions. The chi-square test showed that demographics positively affected savings and investment decisions, except for pay scale and profession. There is a need for better policies, regulations, and benefits to manage investment fraud and help employees with retirement planning. Policymakers and the government should encourage saving to boost economic growth and capital inflow, benefiting individuals, the government, and society as a whole.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Waqar Munir, Munir
author_facet	Waqar Munir, Munir
author_sort	Waqar Munir, Munir
title	Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards
title_short	Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards
title_full	Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards
title_fullStr	Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards
title_full_unstemmed	Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards
title_sort	factors influencing the investment decisions of the salaried class in pakistan the roles of saving behavior, consumption patterns, retirement planning, and living standards
granting_institution	Faculty of Economics and Business
granting_department	Faculty of Economics and Business
publishDate	2024
url	http://ir.unimas.my/id/eprint/46056/3/Thesis_%20Waqar%20Munir.pdf
_version_	1811771586117632000

Factors Influencing the Investment Decisions of the Salaried Class in Pakistan The Roles of Saving Behavior, Consumption Patterns, Retirement Planning, and Living Standards

Similar Items