CIVIL ENGINEERING PROFESSIONALS IN COIMBATORE: THEIR INVESTMENT PATTERNS
Journal: International Journal of Civil Engineering and Technology (IJCIET) (Vol.10, No. 1)Publication Date: 2019-03-16
Authors : G.T. Thiru Arooran O. Joji Chandran S. Anthony Raj;
Page : 904-913
Keywords : Civil Engineering professionals; investment awareness; expected rate or return; actual rate of return;
Abstract
Savings and investments from Individuals and households is one among the indicator of a nation's economic development. More income results in both higher spendable income and higher savings and investments. The individual income is increasing in one side and on the other side the investment options too have increased from bank, post office savings to financial assets, Options, Forward, Currency derivatives. Construction industry has revolutionized the employment pattern in India. They are noted for higher pay and providing employment opportunity. Therefore this paper focuses on the investment awareness, perception on expected and actual rate of return of individual investor among civil construction professionals in Coimbatore. Findings are drawn from the analysis of the primary data collected form 600 employees of top 10 construction companies operating in Coimbatore. Cross tabulation and ANOVA test were applied to measure the extent of investment awareness and perception on expected and actual rate of return.
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