The Effects of Savings Culture and Government Policy in Instilling the Habit of Savings:

Evidence from a Survey of Public Sector Employees

DOI

10.2991/assehr.k.210629.058How to use a DOI?

Keywords

government policy, savings culture, savings behavior, attitude towards savings

Abstract

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.

Copyright

© 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/).

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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  - 10.2991/assehr.k.210629.058
ID  - Husin2021
ER  -