African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 3988

Full Length Research Paper

Head of household characteristics and family economic status (FES) among Kerman households, Iran

Mehdi Yadollahi1,2*, Laily Haj Paim2 and Hamid Taboli3
1Department of Management, Payam-e Noor University, (PNU), Sirjan, I.R.Iran. 2Department of Resources Management and Consumer Studies, Putra University, Malaysia. 3Department of Management, Payam-e Noor University, (PNU), Kerman, I.R.Iran.  
Email: [email protected]

  •  Accepted: 24 February 2011
  •  Published: 21 May 2013

Abstract

Families are economically successful when they can meet their needs, provide a stronger and more protected financial future, and can move stably towards attaining the family vision. Economic status represents the economic capacity of families to meet their material and non-material needs. The aim of this article is to determine the effect of demography variables that is, age, gender, level of education, and occupation, on family economic status (FES). FES included three dimensions (income, expenditure, and ownership of physical asset). In this study, questionnaires were used as a survey instruments; the researcher selected 390 households, based on Kraji and Morgan table. Data collection was through face-to-face interviews to obtain information from the heads of households. In this research, Pearson product-moment correlation, Chi-square, Spearman rho, and independent sample t-test were used to analyse the data. Findings indicated that the demography variables have effect on FES, and the dimensions, but the effect was different in variables. It may be interesting for future studies to look at the effect of other elements on FES.

 

Key words: Demographic variables, income, expenditure, ownership of physical asset.

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