DETERMINATION OF STOCKBROKERS’ PROPOSED TECHNIQUES FOR MOBILIZING NIGERIAN CIVIL SERVANTS TO INVEST IN SHARES

AUTHOR: NOSIRI, HILARY UKACHUKWU

DEPARTMENT: VOCATIONAL EDUCATION

AFFILIATION: NNAMDI AZIKIWE UNIVERSITY, AWKA

The study was designed to determine the techniques proposed by stockbrokers for mobilizing Nigerian civil servants to invest in shares. Four research questions were raised to guide the study, while four null hypotheses were tested at 0.05 level of significance. The study adopted a descriptive survey design. The population of the study comprised of all 354 stockbrokers from the south-east geo political zone of Nigeria. There was no sampling as the size of the population was manageable. A validated structured questionnaire was used for data collection. The reliability of the instrument was established using Cronbach Alpha measure of internal consistency and a reliability co-efficient of 0.80 was arrived at. Data collected for the study were analyzed using mean ratings and standard deviation for the research questions and z-test for the null hypotheses. Major findings of the study revealed that organizing seminars for civil servants, holding talk shows for workers, sponsoring luncheon seminars for civil servants and daily report of account balances among others were proposed by stockbrokers as techniques for mobilizing civil servants to invest in shares. It was concluded that civil servants should seek investment opportunities and benefits for more financial empowerment in this era of economic melt-down. Investment in the NSE offers civil servants avenues for creating more wealth during and after service. Based on the findings and conclusions, the researcher recommended that government should support all legitimate efforts towards boosting the purchasing powers of the Nigerian civil servants and that the Nigerian Labour Congress, in collaboration with NSE agents, should use the identified awareness creation avenues to enlighten workers on NSE investment opportunities and benefits.

TO VIEW THE FULL CONTENT OF THIS DOCUMENT, PLEASE VISIT THE UNIZIK LIBRARY WEBSITE USING THIS LINK, http://naulibrary.org/dglibrary/admin/book_directory/Thesis/11634.pdf

Advertisements

Tags: , , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: