Effect of Financial Literacy on Employees' Investment

Decisions at Kenya Ports Authority, Mombasa

Abstract:
The study examined the impact of financial literacy on investment decisions among Kenya Ports
Authority employees. Results showed that increasing finance skills, debt management knowledge,
savings knowledge, and budgeting knowledge positively impacted investment decisions. The study
recommends regular financial training and education on debt management and borrowing costs.

Key Words:
Cash Management, Debt Management, Savings, Budgeting, Investment Decision Making

Objective:
The study investigates the impact of financial literacy on employees' investment decisions at Kenya
Ports Authority, focusing on cash management, debt management, savings, and budgeting literacy.

Methodology:
The study used a descriptive survey to gather data from 326 Kenya Ports Authority employees, using
simple random sampling and semi-structured questionnaires. Data was analysed using SPSS, Pearson
correlation coefficient, and multiple regression.

Result:
The study aimed to determine the impact of cash management literacy on investment decisions,
using a Likert scale to rate respondents' agreement on various aspects.

REFERENCE:
Kamuzu, B. I., & Kariuki, G. (2019). Effect of financial literacy on employees investment decisions at
Kenya Ports Authority, Mombasa Kenya. The Strategic Journal of Business & Change Management,
6(2), 640–657.

➢ ENROLMENT NO: 237550592149

➢ NAME: HEMNT SOLANKI
➢ MOBILE NO: 8780922621