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dc.contributor.advisorCharity Njokaen_US
dc.contributor.authorHussein, Mohamed Ibrahim
dc.date.accessioned2024-02-05T13:17:21Z
dc.date.available2024-02-05T13:17:21Z
dc.date.issued2023-10
dc.identifier.urihttps://ir-library.ku.ac.ke/handle/123456789/27544
dc.descriptionA Research Project Submitted to School of Business, Economics, and Tourism in Partial Fulfilment of the Requirement for Award of A Degree Master of Business Administration (Finance), Kenyatta University, October 2023.en_US
dc.description.abstractThe investment decision is a concept that has gained much interest and has been a challenge among employees in the current world. The employees of non-governmental organizations at Daadab refugee camp and other employees from other sectors have been forced to incur incremental debt from poor financial decisions, which has become a major concern. Moreover, the high cost of mortgages has led to a decline in savings, creating an imbalance in terms of financial planning and investment decisions. Thus, the current study examines the role of financial planning on investment decisions among employees of non-governmental organizations in the Daadab refugee camp in Kenya. The study objectives are as follows: the influence of debt management, the effect of savings on investment decisions, the influence of budgeting, and the effect of cash flow on investment decisions among employees of non-governmental organizations in the Daadab refugee camp. The scope of the study was the Daadab refugee camp in Garissa, Kenya. Behavioral finance theory, the theory of budgeting, and life cycle theory underpinned the research. A cross-sectional study design was employed in the research. A total of 907 employees of the 17 NGOs in the Daadab refugee camp formed the target population. At the same time, the respondents were all employees working for non-governmental organizations in the Daadab refugee camp. The stratified sampling technique was employed, and the sample size was calculated at 10%, as recommended by Mugenda and Mugenda (2013). The sample size for the study was 91 respondents. Closed-ended questionnaires aided in the data collection process. The validity of the instrument was established using the content analysis technique and the supervisory and research expert opinions. At the same time, reliability was ascertained through a pilot test where a calculation of Cronbach's alpha was done. The Cronbach's alpha value of 0.7 was considered to be reliable. The study conducted four diagnostic tests: the normality test, the autocorrelation test, multicollinearity, and heteroscedasticity. A cross-sectional research design was applied to quantitative data analysis with the help of SPSS software. Besides, the Pearson correlation was applied to check the strength of the association. Tables, graphs, and diagrams aided in the presentation of results. Results revealed that the R-square value of 0.842 means that 84.2% of the total variations in the dependent variable (investment decisions) are explained by the independent variables in the model. Further, independent variables independently depicted different results; for instance, debt management had a coefficient of 0.615, while savings and budgeting coefficients had coefficients of 0.503 and 0.438, respectively. The study concluded that debt management, savings mode, and budgeting are key determinants of investment decisions among employees of NGOs in the Daadab refugee camp. The study's scope was limited to three financial planning approaches: debt management, savings, and budgeting. While these were significant factors, other variables, such as risk tolerance, financial literacy, or cultural factors, were not explored. The research recommended that for improved and proper investment decisions, all three variables debt management, savings, and budgeting should be adopted by employees to make positive and sound investment decisions. The implications are that the findings suggest a need for targeted policy initiatives and programs that focus on enhancing financial literacy and promoting effective financial planning strategies. Further study can be done to assess the influence of financial planning on investment decisions for employees on long-term contracts.en_US
dc.description.sponsorshipKenyatta Universityen_US
dc.language.isoenen_US
dc.subjectFinancial Planningen_US
dc.subjectInvestment Decisionsen_US
dc.subjectNon-Governmental Organizations' Employeesen_US
dc.subjectDaadab Refugee Campen_US
dc.subjectKenyaen_US
dc.titleFinancial Planning and Investment Decisions among Non-Governmental Organizations' Employees of Daadab Refugee Camp, Kenyaen_US
dc.typeThesisen_US


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