Remittance and financial behavior of overseas contract worker dependents in selected municipalities of Cavite / by Cherry Cristy J. Gegavine and Vherlene Anne A. Pagarigan.
Material type:
TextLanguage: English Publication details: Indang, Cavite : Cavite State University-Main Campus, 2015.Description: xiii, 73 pages : illustrations ; 28 cmContent type: - text
- unmediated
- volume
- 331.5 G27 2015
- College of Economics, Management, and Development Studies (CEMDS)
| Item type | Current library | Collection | Call number | Materials specified | URL | Status | Notes | Date due | Barcode |
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Theses / Manuscripts
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Ladislao N. Diwa Memorial Library Theses Section | Non-fiction | 331.5 G27 2015 (Browse shelf(Opens below)) | Link to resource | Room use only | T-5840 | 00009505 |
Thesis (BS Business Management--Financial Management) Cavite State University
Includes bibliographical references.
College of Economics, Management, and Development Studies (CEMDS)
GEGAVINE, CHERRY CRISTY J. and PAGARIGAN, VHERLENE ANNE A. Remittance and Financial Behavior of Overseas Contract Worker Dependents in Selected Municipalities of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management, major in Financial Management. Cavite State University, Indang, Cavite. April 2015. Adviser: Prof. Estrellita D. Corpuz.
This study generally aimed to determine the remittance and financial behavior of Overseas Contract Worker dependents in selected municipalities of Cavite. Specifically this aimed to determine the socio-demographic profile of Overseas Contract Workers dependents; determine the amount of remittances received; determine how remittances are utilized; determine the financial behavior of OCW dependents and find out the relationship between remittances and financial behavior of OCW dependents in selected municipalities of Cavite. The 200 OCW dependents were determined through non-proportionate quota sampling, and were identified through snowball technique in the six municipalities of Cavite composed of Indang, Silang, Alfonso, Amadeo, Mendez and GMA. Towns included were also identified through fishbowl technique. Frequency and percentage were used to interpret socio-demographic profile and amount of remittances received. Mean was used in interpreting the average amount of remittances, and to get the measures the central tendency of age and number of dependents. Likert Scale Model was used to interpret the financial behavior and Pearson Correlation Coefficient to determine the relationship between remittances and financial behavior.
Majority of the dependents of OCW are females and in the middle ages. More than half of the participants have single types of household. Results also showed that remittance received were spent on food followed by education and utilities; saved in banks, and invested in lot. The spending behavior of the dependents towards negative spending is at poor level, while saving and investment behavior are said to be at good level. The findings showed that there is no significant relationship between remittances received and financial behaviors (spending, saving, investment). Two saving behaviors were found to have a significant relationship with monthly remittance. These are saving first before spending and putting aside on a regular basis for the future. But then, the overall results between remittances received and saving behavior showed no significant relationship between them.
Submitted to the University Library 08/04/2020 T-5840