The Effects of Savings Culture and Government Policy in Instilling the Habit of Savings:
Evidence from a Survey of Public Sector Employees
- https://doi.org/10.2991/assehr.k.210629.058How to use a DOI?
- government policy, savings culture, savings behavior, attitude towards savings
The aim of this study is to understand the factors that influence the attitude towards savings among Malay employees in the public sector in Malaysia. The research study has focused on both internal and external factor in understanding the influence the attitude towards savings among the employees. The internal factor in this study is savings behavior and savings culture while, the external factor is the government policy. The result of the survey that has been conducted on 769 respondents (Malay employees working in Malaysia public sector). The analysis was made using advanced multivariate statistical software of Structural Equation Modelling (SmartPLS v3). The result of the analysis found that R2 value of the model is 0.306 which indicates that the developed model has a substantial impact on the attitude towards savings. Based on the model, savings culture is the most prominent in exhibiting effect on the attitude towards savings.
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Nur Khairina Muhamad Husin AU - Ahmad Martadha Mohamed PY - 2021 DA - 2021/07/01 TI - The Effects of Savings Culture and Government Policy in Instilling the Habit of Savings: BT - Proceedings of the 2nd International Conference on Administration Science 2020 (ICAS 2020) PB - Atlantis Press SP - 307 EP - 312 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210629.058 DO - https://doi.org/10.2991/assehr.k.210629.058 ID - Husin2021 ER -