The study set out to address the effect of poor long term financial performance of athletes in Elgeyo Marakwet County. The purpose of the study was to assess effect of investment skills on long term financial performance of Kenyan athletes of Elgeyo Marakwet County, Kenya. The objective was to establish levels of influence of investment skills on long term financial performance of athletes. The study was carried out in Elgeyo Marakwet County which is one of the 47 Counties of Kenya. In regard to establishing levels of influence of investment skills on long term financial performance of athletes in Elgeyo Marakwet County, the study established that 63% did not have savings accounts, thus revealing a poor saving culture against those who had savings accounts at 37% respectively. The study also revealed that majority of the respondents at 62% did not have retirement accounts against only 38% who had retirement accounts. The government, both County and National should ensure favorable policy based conditions and regulations to ensure athletes invest locally for posterity and sustainability. Furthermore, the government should encourage investment advisory extension services across the community.
A Study on Investors Perception towards Mutual Fund Investments (With Special...Dr. Amarjeet Singh
This examination on Investors acknowledgment
towards and late improvement and headway of Mutual Fund
premiums in Alwar city goes under the board an area of
organization publicizing. In the wide thought of organization
publicizing it exclusively centers around the exhibiting of cash
related organization specifically basic resources. Well ordered
Indian budgetary market is getting the chance to be engaged
and the supply of various fiscal instruments ought to be in
parity to the premium perspectives of the monetary
authorities. The prime drive of any hypothesis is to get most
extraordinary returned with a base danger and normal
resources allow to the budgetary masters. The examination
gives an information into the sorts of risks which exist in a
mutual save plan. The data was assembled from shared save
budgetary authorities similarly as non basic store examiners of
this industry. The investigation bases on the association
between theory decision and factors like liquidity, cash related
care, and demography. It was found commonly safe resources
and liquidity of store plot are having influence on the
budgetary authority's acumen for placing assets into the
mutual save. With the more broad thought of the distinctive
components of organization publicizing, thing care, mark
tendencies, and money related authority's satisfaction are the
specific regions of the examination. The other displaying limits
like thing progression publicize division, channels of
exhibiting, thing life cycle, scale headway procedures and their
impact of Marketing are completely disposed of from the audit
of this examination. So likewise the availability of substitute
aftereffect of normal hold units and their impact on this
organization thing it also rejected in the examination. In
reality, even in the normal store monetary authorities lead also
the researcher concentrate only the urban theorists and their
anxiety for this examination work. The rustic speculator's
perspectives are totally barred from the investigation.
Evaluation Research on Development Level of Energy InternetDr. Amarjeet Singh
This document analyzes the effect of financial knowledge on investment decisions of 200 investors from Gandhinagar District in India. It finds that urban investors have significantly higher average financial knowledge scores than rural investors, based on their answers to questions testing understanding of financial terms, risk, return, and investment avenues. A questionnaire was used to collect data on demographics, financial knowledge, perceptions of risk and return of different investments, and actual investment decisions. The findings suggest that greater financial knowledge is correlated with more rational investment decisions based on risk-return analysis rather than just opinions of others.
ANALYSIS OF INVESTMENT PATTERN OF MUTUAL FUNDS INVESTORS AN EMPIRICAL STUDY...Courtney Esco
This document summarizes a study on individual investors' preferences for mutual funds in Orissa, India. The study used surveys of 200 investors, of which 140 were male and 60 were female, to analyze preferences for different types of mutual funds by gender. Statistical analysis methods like chi-square tests, Spearman rank correlation, and factor analysis were used to evaluate preferences and factors affecting mutual fund selection. The study aimed to explore preferred investment avenues, determine preferences among growth, balanced, tax-saving, income/debt, index, and money market funds, and evaluate qualities affecting selection. Hypotheses about differences in preferences between male and female investors for each fund type were tested.
The document analyzes strategies used in revolving loan funds in South Sudan by examining a case study of the South Sudan Older People Organization (SSOPO). SSOPO established a revolving loan fund to provide income-generating activities for older people, but many businesses failed or had repayment defaults. The study evaluates how education, management, and entrepreneurship strategies influence revolving loan fund performance. It finds that these strategies positively impact performance when borrowers and managers are properly trained and businesses have strong management practices and entrepreneurial skills. The document recommends improved education, management capacity building, and promoting experience sharing to strengthen revolving loan funds.
This document summarizes a research study that examined factors affecting the savings and investment behavior of young professionals in Calapan City, Philippines. The study collected data through surveys from 134 young professionals aged 25-35. It analyzed how socio-demographic factors like age, gender, marital status and education level, economic factors like income level, and psychological factors like financial literacy, parental financial education, and peer influence impacted savings and investment behavior. Statistical tests like weighted mean, chi-square, and regression analysis were used to analyze the data. The findings provided insight into the challenges young professionals face in financial management and why many avoid diverse financial activities. The results could help financial institutions improve services for young professionals and influence long-term economic growth
Determinants of financial literacy levels among employees of kenya ports auth...Alexander Decker
This document summarizes a study that examines the determinants of financial literacy levels among employees of Kenya Ports Authority in Kenya. The study found that overall financial literacy levels among employees were low. Financial literacy was affected by gender, age, education levels, wealth factors, and sources of financial information and advice. However, it was not affected by occupation status, occupation type, or personal income. The study recommends that employers and policymakers develop strategies to increase financial literacy, such as providing reliable sources of financial advice.
Investment Decision Making for Small Individual Investors – A Study with Spec...IRJET Journal
This document summarizes a study on investment decision making among small individual investors in Tirunelveli District, Tamil Nadu, India. The study aims to understand the personal, technical, and situational factors that influence investment decisions for small investors. It also examines common mistakes made by investors like selling investments too soon or holding on to losing investments too long. The study uses a survey methodology to collect data from 200 small investors in the region and analyzes how investment experience relates to investment objectives. The findings can help small investors better understand behavioral biases and make more effective investment decisions.
ICFAI Principles of Management- Solved assignments and case study helpsmumbahelp
Wipro was recognized as the world's most ethical company in 2014 by the Ethisphere Institute based on its assessment across various categories including ethics and compliance programs, reputation, leadership, governance, corporate citizenship, and culture of ethics. Some key practices that earned Wipro this recognition were its commitment to integrity and ethics, ethical leadership, compliance practices, collaborative work with stakeholders, transparency, and embedding ethics in all its processes and systems. However, the selection process was not without limitations as it relied on self-reported information from companies.
A Study on Investors Perception towards Mutual Fund Investments (With Special...Dr. Amarjeet Singh
This examination on Investors acknowledgment
towards and late improvement and headway of Mutual Fund
premiums in Alwar city goes under the board an area of
organization publicizing. In the wide thought of organization
publicizing it exclusively centers around the exhibiting of cash
related organization specifically basic resources. Well ordered
Indian budgetary market is getting the chance to be engaged
and the supply of various fiscal instruments ought to be in
parity to the premium perspectives of the monetary
authorities. The prime drive of any hypothesis is to get most
extraordinary returned with a base danger and normal
resources allow to the budgetary masters. The examination
gives an information into the sorts of risks which exist in a
mutual save plan. The data was assembled from shared save
budgetary authorities similarly as non basic store examiners of
this industry. The investigation bases on the association
between theory decision and factors like liquidity, cash related
care, and demography. It was found commonly safe resources
and liquidity of store plot are having influence on the
budgetary authority's acumen for placing assets into the
mutual save. With the more broad thought of the distinctive
components of organization publicizing, thing care, mark
tendencies, and money related authority's satisfaction are the
specific regions of the examination. The other displaying limits
like thing progression publicize division, channels of
exhibiting, thing life cycle, scale headway procedures and their
impact of Marketing are completely disposed of from the audit
of this examination. So likewise the availability of substitute
aftereffect of normal hold units and their impact on this
organization thing it also rejected in the examination. In
reality, even in the normal store monetary authorities lead also
the researcher concentrate only the urban theorists and their
anxiety for this examination work. The rustic speculator's
perspectives are totally barred from the investigation.
Evaluation Research on Development Level of Energy InternetDr. Amarjeet Singh
This document analyzes the effect of financial knowledge on investment decisions of 200 investors from Gandhinagar District in India. It finds that urban investors have significantly higher average financial knowledge scores than rural investors, based on their answers to questions testing understanding of financial terms, risk, return, and investment avenues. A questionnaire was used to collect data on demographics, financial knowledge, perceptions of risk and return of different investments, and actual investment decisions. The findings suggest that greater financial knowledge is correlated with more rational investment decisions based on risk-return analysis rather than just opinions of others.
ANALYSIS OF INVESTMENT PATTERN OF MUTUAL FUNDS INVESTORS AN EMPIRICAL STUDY...Courtney Esco
This document summarizes a study on individual investors' preferences for mutual funds in Orissa, India. The study used surveys of 200 investors, of which 140 were male and 60 were female, to analyze preferences for different types of mutual funds by gender. Statistical analysis methods like chi-square tests, Spearman rank correlation, and factor analysis were used to evaluate preferences and factors affecting mutual fund selection. The study aimed to explore preferred investment avenues, determine preferences among growth, balanced, tax-saving, income/debt, index, and money market funds, and evaluate qualities affecting selection. Hypotheses about differences in preferences between male and female investors for each fund type were tested.
The document analyzes strategies used in revolving loan funds in South Sudan by examining a case study of the South Sudan Older People Organization (SSOPO). SSOPO established a revolving loan fund to provide income-generating activities for older people, but many businesses failed or had repayment defaults. The study evaluates how education, management, and entrepreneurship strategies influence revolving loan fund performance. It finds that these strategies positively impact performance when borrowers and managers are properly trained and businesses have strong management practices and entrepreneurial skills. The document recommends improved education, management capacity building, and promoting experience sharing to strengthen revolving loan funds.
This document summarizes a research study that examined factors affecting the savings and investment behavior of young professionals in Calapan City, Philippines. The study collected data through surveys from 134 young professionals aged 25-35. It analyzed how socio-demographic factors like age, gender, marital status and education level, economic factors like income level, and psychological factors like financial literacy, parental financial education, and peer influence impacted savings and investment behavior. Statistical tests like weighted mean, chi-square, and regression analysis were used to analyze the data. The findings provided insight into the challenges young professionals face in financial management and why many avoid diverse financial activities. The results could help financial institutions improve services for young professionals and influence long-term economic growth
Determinants of financial literacy levels among employees of kenya ports auth...Alexander Decker
This document summarizes a study that examines the determinants of financial literacy levels among employees of Kenya Ports Authority in Kenya. The study found that overall financial literacy levels among employees were low. Financial literacy was affected by gender, age, education levels, wealth factors, and sources of financial information and advice. However, it was not affected by occupation status, occupation type, or personal income. The study recommends that employers and policymakers develop strategies to increase financial literacy, such as providing reliable sources of financial advice.
Investment Decision Making for Small Individual Investors – A Study with Spec...IRJET Journal
This document summarizes a study on investment decision making among small individual investors in Tirunelveli District, Tamil Nadu, India. The study aims to understand the personal, technical, and situational factors that influence investment decisions for small investors. It also examines common mistakes made by investors like selling investments too soon or holding on to losing investments too long. The study uses a survey methodology to collect data from 200 small investors in the region and analyzes how investment experience relates to investment objectives. The findings can help small investors better understand behavioral biases and make more effective investment decisions.
ICFAI Principles of Management- Solved assignments and case study helpsmumbahelp
Wipro was recognized as the world's most ethical company in 2014 by the Ethisphere Institute based on its assessment across various categories including ethics and compliance programs, reputation, leadership, governance, corporate citizenship, and culture of ethics. Some key practices that earned Wipro this recognition were its commitment to integrity and ethics, ethical leadership, compliance practices, collaborative work with stakeholders, transparency, and embedding ethics in all its processes and systems. However, the selection process was not without limitations as it relied on self-reported information from companies.
Asbtract international conference on economic development.pdfWida Reza Hardiyanti
This document is a book of abstracts for an international conference on Islamic economics and sustainable development. It contains 8 abstracts summarizing research papers presented at the conference. The abstracts cover a range of topics related to Islamic finance, sustainability, social capital, health outcomes, and performance of Islamic banks. Specifically, one abstract finds that social capital in the form of family and neighbor support positively impacts physical and mental health outcomes for the elderly. Another finds that intellectual capital may not significantly impact performance when measured using an Islamic values index, for banks in ASEAN countries. A third examines sharia securities as an investment option in Indonesia using a planned behavior model.
ASSESSING FINANCIAL LITERACY AMONG UNIVERSITY STUDENTS (A STUDY AT CHRISTIAN ...Jennifer Holmes
This study aims to assess the level of financial literacy among university students in Ghana. It examines how factors such as gender, marital status, level of study, and academic program influence students' financial knowledge. A questionnaire was used to survey 140 students selected through stratified random sampling. Preliminary results show most students have low financial literacy, with an average score of 52.09%. Surprisingly, female students showed more financial knowledge than males. Married students and those in higher levels of study or business-related programs demonstrated greater financial literacy. The study seeks to provide recommendations to improve financial education in universities.
Impact of Financial Knowledge of Investors Investment Making Decisionsijtsrd
The objective of the study is to find the impact of financial knowledge of investors on their investment making decisions. Investors are said to rational but due to the human nature, biasness comes into picture while making investment decisions. Financial literacy and financial knowledge are taken as an imperative terms for regulating human nature of investors while making essential investment decisions The study was conducted on 150 investors in the city of PUNE. The data was collected through structured questionnaire and data so obtained was analyzed with the help of SPSS software. Sunil Deshpande | Dr. Sanjay Patankar "Impact of Financial Knowledge of Investors Investment Making Decisions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42536.pdf Paper URL: https://www.ijtsrd.commanagement/accounting-and-finance/42536/impact-of-financial-knowledge-of-investors-investment-making-decisions/sunil-deshpande
The Personal Finance and Nutrition and Wellness teams of the Military Families Learning Network will be joining together to present this 90-minute webinar that will focus on the crossover effect of positive health behaviors and positive financial behaviors. As Drs. Ensle and O’Neill will discuss, research has found a strong correlation between health and wealth. This webinar will discuss those correlations and ways to motivate clients to adopt positive behaviors in both parts of their lives.
A STUDY ON BEHAVIOR OF INVESTORS TOWARDS POST OFFICE SAVING SCHEMES IN PUNE CITYJoe Osborn
This document summarizes a study on the behavior of investors in Pune, India towards post office saving schemes. The study found that while banks are the most preferred option for savings, 60% of respondents currently invest in post office schemes, preferring recurring deposit accounts. Key reasons for investing in post office schemes included tax-free interest rates, safe investments, attractive interest rates, and agents with strong personal relationships. However, lack of awareness, unattractive schemes, and insufficient advertising were seen as areas for improvement to increase investments in post office schemes. The document concludes that while post offices effectively serve rural savings needs, more promotional efforts may be required to maintain their role in savings.
This study was designed to assess the extent of Financial Education to Distributive Trade Business Sustainable Development. The structure of the research design was descriptive survey adopted for the purpose of describing the state of affairs as it existed and expected to be in the future.
34. A Study Of The Invesement Pattern Of Bank EmployeesBryce Nelson
This document summarizes a study on the investment patterns of bank employees. The study analyzed how demographic factors like age, gender, income level, and education influence the investment preferences of bank workers. A questionnaire was used to collect data from bank employees, which was then analyzed using statistical tests. The results showed that most bank employees invest primarily for safety and security. Common investment vehicles included bank deposits, gold/jewelry, real estate, and government bonds. The study aims to provide guidance for personal finance and investment decisions.
Financial Literacy and Spending Habits of Bachelor of Science in Accounting I...IJAEMSJORNAL
This article summarizes a study on the financial literacy and spending habits of 116 Bachelor of Science in Accounting Information System (BSAIS) students from PHINMA Araullo University in the Philippines. The students completed a questionnaire to assess their financial literacy and spending habits related to academics, food, and personal needs. The results showed that the students have good financial literacy and are good spenders of their money. However, some areas for improvement were identified, such as managing money difficulties and spending on affordable food and rent. The study recommends improving students' financial management skills and ensuring access to affordable academic resources.
ACE Assessment Report 14 Feb 2014.ppt (1)Barry West
The assessment report summarizes the results of a survey of 500 Academy graduates (treatment group) and 500 non-Academy graduates (control group) in Mexico. Key findings include:
- Academy graduates have higher incomes and savings rates compared to the control group. They also have higher business ownership rates and feel more economically successful.
- The Academy training is effective at teaching entrepreneurship. Nearly 75% of graduates started a business after the Academy compared to 37% in the control group. Academy businesses have higher revenues.
- Contrary to expectations, Academy graduates have higher levels of religiosity than the control group based on temple recommend rates and church attendance.
The report recommends continuing and improving the Academy's
The document analyzes the level of financial literacy among individuals in Delhi-NCR region through a survey. It finds that overall financial knowledge scores were highest among individuals earning between Rs. 5-10 lakhs annually and those aged 25-30. Financial behavior scores were highest among those aged 40-50. Younger individuals and students had lower financial attitude scores. The study recommends improving financial awareness through government and non-government initiatives to enhance financial literacy.
Effectiveness of Personal Finance among Selected Skilled – Working Expatriate...Dr. Amarjeet Singh
In the study entitled “Effectiveness of Personal
Finance among Selected Skilled – Working Expatriates in the
Kingdom of Bahrain”, the research sought answers on the
following specific problems and drawn inferences that
relatively identified factors on personal finance. Specifically,
the research included fifty respondents having twenty – five
(25) males and twenty - five (25) skilled – working expatriates
who are connected with various companies in the Kingdom.
Through survey – questionnaires, data were gathered,
collected, and were used as basis of analysis subject to
statistical treatments that include frequency count, weighted
means and comparison through t – test.
The study has inferred the level of effectiveness of
personal finance among selected skilled – working expatriates
as Effective with a combined average weighted mean of 4.20
and with a test result of Not Significant leading to the
decision to fail to reject the null hypothesis. while the degree
of seriousness of the problems encountered by selected skilled
– working expatriates revealed that their top difficulty is
financial wellness factored by salary reasons, compensation,
debt and liabilities and the inflations in the prices across
almost basic demands and social and living costs.
Performence of mutual fund by. karan gujratiKaran Gujrati
This document is a dissertation project report submitted by Karan Gujrati to the Department of Business Administration under the guidance of Dr. Mayank Malviya. It discusses the performance of mutual funds in India. The acknowledgement section thanks various people who helped with the project. The declaration confirms this is Karan's original work. The table of contents outlines the various sections of the report which will cover topics like the history of mutual funds in India, types of mutual funds, research methodology used in the analysis, an overview and analysis of various fund types, findings and recommendations.
The document is a project report submitted by Dhwani Kishor Shah to The Maharaja Sayajirao University in Vadodara, Gujarat, India. The report examines the savings and investment patterns of salaried employees. It includes sections on the introduction, objectives, rationale, limitations, research methodology, concepts of savings and investment, characteristics of investment, need and types of investment, industry profile, data and interpretation, summary and conclusions, and an attached questionnaire. The overall aim is to analyze how salaried employees in India save and invest their money.
Unlocking Opportunities: The Impact and Significance of Sports ScholarshipsFuture Education Magazine
These sports scholarships, often offered by colleges and universities, are financial awards granted to students based on their athletic abilities. These scholarships serve as a means to recruit talented athletes to enhance the sports programs of educational institutions.
Factors Influencing the Development of Athletes Excellenceijtsrd
The purposes of the research were to study the factors affecting the development of athletes excellence and to figure out the guidelines for developing the athletes excellence. The researcher collected the data by in depth interviews and the questionnaire. The data analysis by descriptive report. The research found that physical fitness is the one of success indicator of athlete of all levels and sports. The factors of sports skill and technique are important for developing the athletes to excellent, especially the learning skill and technique since childhood, the development of sports skill and technique together with physical fitness and the learning skill and technique are continuously trained until it is habitual regularly. The factors of psychological fitness are important and absolutely necessary for the athlete development to excellence. The effective guidelines for developing the athletes excellence in physical fitness, sports skill and technique, psychological fitness, body structure and sex hormone to success must work in the same direction, especially athletes, coaches, family are the most important stakeholder in the success of sport. Kanchana Kanchanapradit | Tatpicha Pongsiri "Factors Influencing the Development of Athletes' Excellence" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd28065.pdf Paper URL: https://www.ijtsrd.com/humanities-and-the-arts/other/28065/factors-influencing-the-development-of-athletes-excellence/kanchana-kanchanapradit
1) The document discusses the impact of marketing financial instruments like mutual funds on younger generations. It provides an introduction to investments and financial instruments.
2) It then evaluates several mutual funds based on factors like performance history, risk, fees, size, experience, and portfolio. Younger investors are encouraged to start early, diversify, and understand their risk tolerance.
3) The conclusion is that mutual funds can help younger investors achieve long-term growth and goals if they start investing early, diversify their portfolios, and make informed decisions based on their risk tolerance. However, marketing should educate without creating unrealistic expectations.
This document discusses the negative impacts of financial distress in the workplace and strategies employers can use to promote financial well-being among employees. It finds that financial issues are a leading cause of stress for many workers. This stress takes a toll through increased absenteeism, presenteeism, health problems, and turnover. It also reduces productivity and morale. The document then examines factors that influence financial well-being and strategies employers can use to address financial challenges, such as financial education programs, emergency funds, benefits that support financial stability, and one-on-one counseling. It provides guidance for employers on developing effective workplace financial education, including gaining leadership support, assessing needs, setting objectives, planning content and delivery, choosing providers, and evaluating
An analysis of investors behavior while making investment decisionaamirank
This document analyzes investors' behavior when making investment decisions. It aims to understand how psychological factors like risk perception, risk propensity, and information asymmetry impact investment choices. A study model is developed to examine the effect of these independent variables on risk perception and investment decisions. The study finds that investor behavior depends on how risk is framed and how prone they are to taking risks. It concludes different investors have different investment styles based on these psychological factors. A survey was conducted of 60 investors in India to analyze how demographics, income, occupation, and other variables influence investment preferences and risk tolerance levels. The findings suggest risk aversion increases with age while income and investments are positively correlated. Occupation was also found to impact preferred investment aven
The report summarizes the findings of an evaluation of the StartSmart financial literacy program conducted by the Australian Council for Educational Research (ACER). Key findings include:
- Primary students showed a large increase in behavioral intentions to save money regularly and secondary students showed increased understanding of concepts like superannuation funds and setting budgets.
- Teachers observed improvements in students' financial knowledge, attitudes, confidence, and intentions after participating in the program. Younger students better understood wants vs needs and where money comes from. Older students improved in areas like understanding super funds and interest.
- Interviews found that both students and teachers felt the program effectively taught important financial literacy concepts and skills in an engaging way. Teachers saw students
Although performance appraisal is concerned with the evaluation of workers job performance, it at the same time serves to highlight the specific objectives of an organization. As the employee is being evaluated the organization is also evaluating itself by comparing objectives and standards of performance, reviews the whole appraisal framework and design as well as organizational values and culture. Performance appraisal is a veritable tool for organizations to evaluate and increase the quality of education and training of their workforce with a view to developing lifelong learning patterns and strategies to sustain productivity throughout longer working periods. Motivation as it relates to employee productivity is often behind the drive for performance and self-actualization and provides opportunities for higher productivity. Productivity is an important measure of goal achievement because getting more done with less resources increases organizational profitability. Using the exploratory research design and 109 participants the result of the study indicates a strong positive correlation between performance appraisal and employee productivity. It suggests that the issue of performance appraisal in charitable organizations should be addressed. In view of the result of the study, the paper recommends that performance appraisal should carefully review employee’s strengths and weaknesses against requirements for possible future higher responsibilities.
The integration between innovation and business is a key factor in competitiveness between organizations. That is, innovation applied to a business makes no sense if not considered as an integral tool for the processes of the organization. Companies should therefore adopt a policy where innovation plays a strategic role in the design of business models to become lean, effective and competitive entities (Moraleda, 2004). The objective of this paper is to show the importance of innovation within companies, identifying the concept, the various models that different entities might adopt in order to develop better processes of innovation, as well as indicators that represent innovation at global and national levels in order to develop strategies that lead to an increase in competitiveness. For this work the method used was a bibliographical review of relevant articles from a range of authors was conducted.
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Asbtract international conference on economic development.pdfWida Reza Hardiyanti
This document is a book of abstracts for an international conference on Islamic economics and sustainable development. It contains 8 abstracts summarizing research papers presented at the conference. The abstracts cover a range of topics related to Islamic finance, sustainability, social capital, health outcomes, and performance of Islamic banks. Specifically, one abstract finds that social capital in the form of family and neighbor support positively impacts physical and mental health outcomes for the elderly. Another finds that intellectual capital may not significantly impact performance when measured using an Islamic values index, for banks in ASEAN countries. A third examines sharia securities as an investment option in Indonesia using a planned behavior model.
ASSESSING FINANCIAL LITERACY AMONG UNIVERSITY STUDENTS (A STUDY AT CHRISTIAN ...Jennifer Holmes
This study aims to assess the level of financial literacy among university students in Ghana. It examines how factors such as gender, marital status, level of study, and academic program influence students' financial knowledge. A questionnaire was used to survey 140 students selected through stratified random sampling. Preliminary results show most students have low financial literacy, with an average score of 52.09%. Surprisingly, female students showed more financial knowledge than males. Married students and those in higher levels of study or business-related programs demonstrated greater financial literacy. The study seeks to provide recommendations to improve financial education in universities.
Impact of Financial Knowledge of Investors Investment Making Decisionsijtsrd
The objective of the study is to find the impact of financial knowledge of investors on their investment making decisions. Investors are said to rational but due to the human nature, biasness comes into picture while making investment decisions. Financial literacy and financial knowledge are taken as an imperative terms for regulating human nature of investors while making essential investment decisions The study was conducted on 150 investors in the city of PUNE. The data was collected through structured questionnaire and data so obtained was analyzed with the help of SPSS software. Sunil Deshpande | Dr. Sanjay Patankar "Impact of Financial Knowledge of Investors Investment Making Decisions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42536.pdf Paper URL: https://www.ijtsrd.commanagement/accounting-and-finance/42536/impact-of-financial-knowledge-of-investors-investment-making-decisions/sunil-deshpande
The Personal Finance and Nutrition and Wellness teams of the Military Families Learning Network will be joining together to present this 90-minute webinar that will focus on the crossover effect of positive health behaviors and positive financial behaviors. As Drs. Ensle and O’Neill will discuss, research has found a strong correlation between health and wealth. This webinar will discuss those correlations and ways to motivate clients to adopt positive behaviors in both parts of their lives.
A STUDY ON BEHAVIOR OF INVESTORS TOWARDS POST OFFICE SAVING SCHEMES IN PUNE CITYJoe Osborn
This document summarizes a study on the behavior of investors in Pune, India towards post office saving schemes. The study found that while banks are the most preferred option for savings, 60% of respondents currently invest in post office schemes, preferring recurring deposit accounts. Key reasons for investing in post office schemes included tax-free interest rates, safe investments, attractive interest rates, and agents with strong personal relationships. However, lack of awareness, unattractive schemes, and insufficient advertising were seen as areas for improvement to increase investments in post office schemes. The document concludes that while post offices effectively serve rural savings needs, more promotional efforts may be required to maintain their role in savings.
This study was designed to assess the extent of Financial Education to Distributive Trade Business Sustainable Development. The structure of the research design was descriptive survey adopted for the purpose of describing the state of affairs as it existed and expected to be in the future.
34. A Study Of The Invesement Pattern Of Bank EmployeesBryce Nelson
This document summarizes a study on the investment patterns of bank employees. The study analyzed how demographic factors like age, gender, income level, and education influence the investment preferences of bank workers. A questionnaire was used to collect data from bank employees, which was then analyzed using statistical tests. The results showed that most bank employees invest primarily for safety and security. Common investment vehicles included bank deposits, gold/jewelry, real estate, and government bonds. The study aims to provide guidance for personal finance and investment decisions.
Financial Literacy and Spending Habits of Bachelor of Science in Accounting I...IJAEMSJORNAL
This article summarizes a study on the financial literacy and spending habits of 116 Bachelor of Science in Accounting Information System (BSAIS) students from PHINMA Araullo University in the Philippines. The students completed a questionnaire to assess their financial literacy and spending habits related to academics, food, and personal needs. The results showed that the students have good financial literacy and are good spenders of their money. However, some areas for improvement were identified, such as managing money difficulties and spending on affordable food and rent. The study recommends improving students' financial management skills and ensuring access to affordable academic resources.
ACE Assessment Report 14 Feb 2014.ppt (1)Barry West
The assessment report summarizes the results of a survey of 500 Academy graduates (treatment group) and 500 non-Academy graduates (control group) in Mexico. Key findings include:
- Academy graduates have higher incomes and savings rates compared to the control group. They also have higher business ownership rates and feel more economically successful.
- The Academy training is effective at teaching entrepreneurship. Nearly 75% of graduates started a business after the Academy compared to 37% in the control group. Academy businesses have higher revenues.
- Contrary to expectations, Academy graduates have higher levels of religiosity than the control group based on temple recommend rates and church attendance.
The report recommends continuing and improving the Academy's
The document analyzes the level of financial literacy among individuals in Delhi-NCR region through a survey. It finds that overall financial knowledge scores were highest among individuals earning between Rs. 5-10 lakhs annually and those aged 25-30. Financial behavior scores were highest among those aged 40-50. Younger individuals and students had lower financial attitude scores. The study recommends improving financial awareness through government and non-government initiatives to enhance financial literacy.
Effectiveness of Personal Finance among Selected Skilled – Working Expatriate...Dr. Amarjeet Singh
In the study entitled “Effectiveness of Personal
Finance among Selected Skilled – Working Expatriates in the
Kingdom of Bahrain”, the research sought answers on the
following specific problems and drawn inferences that
relatively identified factors on personal finance. Specifically,
the research included fifty respondents having twenty – five
(25) males and twenty - five (25) skilled – working expatriates
who are connected with various companies in the Kingdom.
Through survey – questionnaires, data were gathered,
collected, and were used as basis of analysis subject to
statistical treatments that include frequency count, weighted
means and comparison through t – test.
The study has inferred the level of effectiveness of
personal finance among selected skilled – working expatriates
as Effective with a combined average weighted mean of 4.20
and with a test result of Not Significant leading to the
decision to fail to reject the null hypothesis. while the degree
of seriousness of the problems encountered by selected skilled
– working expatriates revealed that their top difficulty is
financial wellness factored by salary reasons, compensation,
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Influence of Investment Skills on Long Term Performance of Athletes in Elgeyo Marakwet County, Kenya
1. Business, Management and Economics Research
ISSN(e): 2412-1770, ISSN(p): 2413-855X
Vol. 5, Issue. 10, pp: 142-145, 2019
URL: https://arpgweb.com/journal/journal/8
DOI: https://doi.org/10.32861/bmer.510.142.145
Academic Research Publishing
Group
*Corresponding Author
142
Original Research Open Access
Influence of Investment Skills on Long Term Performance of Athletes in Elgeyo
Marakwet County, Kenya
Evans Biwott
Mount Kenya University, Kenya
William Sakataka
Mount Kenya University, Kenya
Wasike Edward Wanyonyi*
Umma University, Kenya
Abstract
The study set out to address the effect of poor long term financial performance of athletes in Elgeyo Marakwet
County. The purpose of the study was to assess effect of investment skills on long term financial performance of
Kenyan athletes of Elgeyo Marakwet County, Kenya. The objective was to establish levels of influence of
investment skills on long term financial performance of athletes. The study was carried out in Elgeyo Marakwet
County which is one of the 47 Counties of Kenya. In regard to establishing levels of influence of investment skills
on long term financial performance of athletes in Elgeyo Marakwet County, the study established that 63% did not
have savings accounts, thus revealing a poor saving culture against those who had savings accounts at 37%
respectively. The study also revealed that majority of the respondents at 62% did not have retirement accounts
against only 38% who had retirement accounts. The government, both County and National should ensure favorable
policy based conditions and regulations to ensure athletes invest locally for posterity and sustainability. Furthermore,
the government should encourage investment advisory extension services across the community.
Keywords: Investment skills; Long term financial performance.
CC BY: Creative Commons Attribution License 4.0
1. Introduction
Kenya has for decades stood up as an athletics powerhouse, in either Olympic or world championships. Some
Kenya’s international athletics legends include Kipchoge Keino, Moses Kiptanui, Paul Tergat, Henry Rono, Tecla
Lorupe, Sally Barsosior, Catherine Ndereva, the late Richard Chelimo and Samuel Wanjiru just to mention a few.
They have proved Kenya’s potential in middle and long distance races.
Between salaries, sizeable bonuses and rich endorsement deals, it’s hard to fathom how professional athletes
find themselves in financial chaos. Yet the tales of athletes’ financial problems are hardly uncommon.
Athletes in Kenya have been receiving large amounts of monetary prizes after winning in various athletics
events. They have proved to be an economic power house in North Rift, hence the need for financial management
skills.
1.1. Statement of the Problem
Most retired athletes in Kenya undergo numerous financial challenges even though they won huge sums of
money locally, nationally and internationally during their youthful days. Most of the investments made by athletes
hardly succeed. Consequently, many lives of athletes have been lost through drug abuse and death due to stress and
depression the study set out to address the problem of poor financial performance of athletes.
1.2. Purpose and Objective of the Study
The purpose of the study was to assess effects of investment skills on long term financial performance. The
specific objective was to establish levels of influence of investment skills on long term financial performance of
athletes in Elgeyo Marakwet County.
2. Literature Review
2.1. Investment Skills
Investment is defined as the commitment of funds by individuals, companies or institutional investors to
real and/or financial assets for a period of time in order to accumulate wealth in the long term (Marx et al., 2010).
In this study, investment refers to the acquisition and management of fixed and current assets including the
non-tangible assets.
The skills involve a determination made by an individual as to how, when, where and how much capital will be
spent on investment opportunities. The decision often follows research to determine costs and returns for each
2. Business, Management and Economics Research
143
option. Before an athlete makes any investment decision, he/she should sit down and take an honest look at his/her
entire financial situation - especially if they have never made a financial plan before.
2.2. Performance
Performance ensures goals are constantly met in an effective and efficient way for an individual, in an
organization, a department or even the process to build a product or service. Performance management is also known
as a process by which organizations align their resources, systems and employees to strategic objectives and
priorities. Sports writers frequently speculate about the effect of money and athletic performance.
2.3. International Athletics Events
From the 1970’s, USA college coaches discovered athletes from Kenya who traveled to America to study and
develop their running skills. Few Kenyans began to earn money in Europe and USA. This brought a new opportunity
to earn riches and they began to train hard. This has uplifted Kenya to remarkable faculty for world class distance
runners.
A small town east of Eldoret City has turned out to be an international training centre due to the natural
environment which is favorable and attracts runners worldwide. About 1250 Kenyans athletes and 250 foreign
athletes train in Iten. Uganda’s Stephen Kiprotich, British Paul Radcliff and Mo Farah have on several occasions
trained in the town. Therefore, athletics has brought in tourism, stadium, and hospitality and even health facilities
within the town. Such investments come with financial impact on the community in the long run.
2.4. Knowledge Gap
After retirement from sports the process of adaptation is challenging and associated with adjustment problems.
Adjustment depends on factors such as age, social demographics, economic class and educational level attained. One
such intervention was the basis of this study, being assessment of the investment skills so that the shortcomings are
effectively addressed.
2.5. Conceptual Framework
Figure-1. Conceptual Framework
3. Methodology
For the purpose of this study, survey research design was used. The study was carried out in Elgeyo Marakwet
County which is one of the 47 Counties of Kenya. Elgeyo Marakwet County is located in the former Rift Valley
Province. Its capital and largest town is Iten. The County is mainly occupied by The Keiyo and Marakwet which are
part of the larger ethnic grouping of eight culturally and linguistically related ethnic groups known as the Kalenjin.
The study used simple random sampling techniques which were adopted to enable the researcher select the sample of
training camps while purposive sampling was adopted to sample athletes in the sampled camps for interviewing the
respondents.
Content validity of the instruments was determined by the researcher through discussions with supervisors,
lecturers and colleagues who indicated by tick or cross against items in the questionnaire if they measure what is
supposed to measure or not. The reliability of the items was based on the estimates of the instruments administered
to the same respondents twice in a span of two weeks using 20 respondents.
3. Business, Management and Economics Research
144
Feedback obtained from the pilot study assisted the researchers in revising the instruments of data collection to
ensure that it covered the objectives of the study. The dully filled and returned questionnaires were analyzed using
SPSS.
4. Findings
Of the 92 questionnaires administered only 63 respondents answered and returned, which constituted 67 % rate.
This return rate was found acceptable by the researcher.
4.1. Influence of Investment Skills on Long Term Financial Performance of Athletes in
Elgeyo Marakwet County
The study findings established that in terms of investments, athletes usually get involved in business during or
after their athletics life, therefore pointing out the need for them to be exposed to financial management skills.
In regard to establishing levels of influence of investment skills on long term financial performance of athletes
in Elgeyo Marakwet County, the study established that 63% did not have savings accounts, thus revealing a poor
saving culture against those who had savings accounts at 37% respectively. The study also revealed that majority of
the respondents at 62% did not have retirement accounts against only 38% who had retirement accounts.
In determining effects of financial management skills on long term financial performance of athletes of Elgeyo
Marakwet County, it was found out that 87% of the respondents did not have certificates of deposit accounts against
a minority 13% who had them implying the athletes have a poor savings mobilization culture that is a pre-requisite
for them to do well in life. On the other hand, all interviewed respondents agreed that they had ATM cards from
various local banking institutions. However, the study revealed that only 13% of the interviewed respondents had
fixed deposit accounts against 87% who did not. This may pose a risk to the athletes and their dependents in future
due to no savings and returns that would be useful to them. When it came to possession of credit credits, 87% of the
respondents owned them and 13 % did not, implying that their transactions are majorly on cash basis and they do not
utilize credit opportunities that arise by possession of credit cards.
More so, the study findings revealed that majority of the respondents at 92% did not hold mortgage accounts
and only 8% agreed to be having them. This is an indication that the athletes fear financial commitments in terms of
mortgages which can self-pay for installments if carefully selected. These further shows why they end up not owning
houses in cities and towns for the sake of themselves and also family since the cash earned at athletics events can
always act as deposits to start off. Further the study sought to answer the question in regard to what are the financial
management skills that the Kenyan athletes need. In relation to this question, findings established that the majority
of the respondents had no understanding on the subject matter at a score of 79%. Upon further probing, it was
revealed that none of the respondents had knowledge on how to prepare cash budgets, profit and loss account,
balance sheet, financial statements analysis, break even analysis, cash management, use of spread sheets on
computers for financial decision making and this situation poses a lot of risks for the business enterprises the athletes
are involved in as far as its long term and good performance is concerned. When it came to the question concerning
which training needs do Kenyan athletes require in financial management skills, findings revealed that they missed
on general usage and importance of bank accounts, account reconciliations and general checks, regular payment of
NSSF and general knowledge on budgeting for personal , family and dependents , all inclusive.
5. Conclusions
In regard to investment decision skills, the study concluded that training on financial literacy and management is
key for the good performance of athletes and the general community. Furthermore, study findings revealed that
majority of respondents had poor financial planning skills and therefore the researcher concluded that the athletes
should be trained on this to save the situation and future regrets. Further looking at the intensity of the need and lack
of long term financial performance of respondents, the stakeholders ranging from all levels of government, non-
governmental organizations and religious organizations should join together to enhance achievement of better
financial management skills to citizens for the sake of good development and performance of the economy.
Recommendations
The government, both County and National should ensure favorable policy based conditions and regulations to
ensure athletes invest locally for posterity and sustainability. Furthermore, the government should encourage
investment advisory extension services across the community.
Reference
Marx, J., De Swardt, C., Beaumont-Smith, M. and Erasmus, P. (2010). Financial management in South Africa.
Third edition edn: Pearson: Cape Town.
4. Business, Management and Economics Research
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