Preferred investment vehicles of salaried workers of universities in SubSaharan Africa

Sakyiwaa, Linda; Gyimah, Prince; Etse, Nkukpornu

dc.contributor.author	Sakyiwaa, Linda
dc.contributor.author	Gyimah, Prince
dc.contributor.author	Etse, Nkukpornu
dc.date.accessioned	2025-02-18T16:57:01Z
dc.date.available	2025-02-18T16:57:01Z
dc.date.issued	2021-02
dc.identifier.uri	http://localhost:8080/xmlui/handle/123456789/30653
dc.description	FACULTY/STAFF PUBLICATION	en_US
dc.description.abstract	Abstract We investigate the factors and investment preferences that influence university workers in the Sub-Saharan Africa region, Ghana. Using a logit and dataset of 350 workers; our results show that liquidity, risk attitude, age, gender, educational level, and monthly income have an insignificant effect on investment decisions. Other factors such as safety of principal, high return, and marital status contribute significantly to investment decisions; and the most preferred investments were treasury bill, share, fixed deposit, and real estate. This study's findings do not only contribute to an important but neglected area of research, but also to policy, theory, and practice on investment and behavioral finance of universities in Africa. Keywords investments, salaried workers, behavioral finance, universities, Sub-Saharan Africa, Ghana	en_US
dc.description.sponsorship	CHRISTIAN SERVICE UNIVERSITY	en_US
dc.language.iso	en	en_US
dc.publisher	CHRISTIAN SERVICE UNIVERSITY	en_US
dc.relation.ispartofseries	Published Online:February 2, 2021pp 288-;Published Online: February 2, 2021pp 288-
dc.subject	investments, salaried workers, behavioral finance, universities, Sub-Saharan Africa, Ghana	en_US
dc.title	Preferred investment vehicles of salaried workers of universities in SubSaharan Africa	en_US
dc.title.alternative	ABSTRACT	en_US
dc.type	Article	en_US