BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES

Malaysia’s oil and gas (O&G) industry is not without its challenges, such as the problem of long-term oil price declining, delays, and cancellations of major projects that have resulted in a reduction in available work in the global industry, including in Malaysia. Ultimately, employee layoffs i...

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Main Author: SHABOR RAMELI, ROZILAH
Format: Thesis
Language: English
Institution: Universiti Teknologi Petronas
Record Id / ISBN-0: utp-utpedia.20699 /
Published: 2021
Online Access: http://utpedia.utp.edu.my/20699/1/Rozilah%20Shabor%20Rameli_G03683.pdf
http://utpedia.utp.edu.my/20699/
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id utp-utpedia.20699
recordtype eprints
spelling utp-utpedia.206992021-09-08T10:09:55Z http://utpedia.utp.edu.my/20699/ BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES SHABOR RAMELI, ROZILAH Malaysia’s oil and gas (O&G) industry is not without its challenges, such as the problem of long-term oil price declining, delays, and cancellations of major projects that have resulted in a reduction in available work in the global industry, including in Malaysia. Ultimately, employee layoffs in the oil and gas industry can be anticipated due to the fall in oil prices. As a result, the problem of job security has occurred among O&G employees. However, employees’ retrenchment tends to be the last option for employers’ decisions to minimize the cost since rehiring can also be very costly. Hence, preparation for retirement is also an urgent matter that the O&G employees need to view since job insecurity issues had affected them. Although the need for individuals to increase retirement savings has been widely promoted, however, to date, limited studies are investigating causal relationships between behavioral finance factors towards savings intention and retirement confidence. 2021-02 Thesis NonPeerReviewed application/pdf en http://utpedia.utp.edu.my/20699/1/Rozilah%20Shabor%20Rameli_G03683.pdf SHABOR RAMELI, ROZILAH (2021) BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES. Masters thesis, Universiti Teknologi PETRONAS.
institution Universiti Teknologi Petronas
collection UTPedia
language English
description Malaysia’s oil and gas (O&G) industry is not without its challenges, such as the problem of long-term oil price declining, delays, and cancellations of major projects that have resulted in a reduction in available work in the global industry, including in Malaysia. Ultimately, employee layoffs in the oil and gas industry can be anticipated due to the fall in oil prices. As a result, the problem of job security has occurred among O&G employees. However, employees’ retrenchment tends to be the last option for employers’ decisions to minimize the cost since rehiring can also be very costly. Hence, preparation for retirement is also an urgent matter that the O&G employees need to view since job insecurity issues had affected them. Although the need for individuals to increase retirement savings has been widely promoted, however, to date, limited studies are investigating causal relationships between behavioral finance factors towards savings intention and retirement confidence.
format Thesis
author SHABOR RAMELI, ROZILAH
spellingShingle SHABOR RAMELI, ROZILAH
BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES
author_sort SHABOR RAMELI, ROZILAH
title BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES
title_short BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES
title_full BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES
title_fullStr BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES
title_full_unstemmed BEHAVIORAL FINANCE FACTORS AND THEIR IMPACT ON RETIREMENT CONFIDENCE AMONG MALAYSIAN OIL AND GAS SKILLED EMPLOYEES
title_sort behavioral finance factors and their impact on retirement confidence among malaysian oil and gas skilled employees
publishDate 2021
url http://utpedia.utp.edu.my/20699/1/Rozilah%20Shabor%20Rameli_G03683.pdf
http://utpedia.utp.edu.my/20699/
_version_ 1741195655096827904
score 11.62408

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