Since 2014
Does Investors’ Demographics And Selected Profile Factors Influence Financial Risk Tolerance?
The International Journal of Latest Trends in Finance and Economic Sciences
View Archive Info| Field | Value | |
| Title |
Does Investors’ Demographics And Selected Profile Factors Influence Financial Risk Tolerance?
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| Creator |
V, Rajeshkumar; Ph.D Research Scholar, Dept. of Management Studies, School of Management, Pondicherry University, Puducherry – 605014 India R, Kasilingam; Associate Professor Department of Management Studies, School of Management, Pondicherry University, Puducherry – 605014 India |
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| Subject |
Marketing Intelligence Applied in Financial Service
Financial risk tolerance, Demographics, Investor Perception, Investor Experience |
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| Description |
In this study, researcher attempted to study the association of the Demographic and Investor profile of investors with the one of the important psychological variable financial risk tolerance using chi square test. Further by using the correspondence analysis/crosstabs, researcher attempted to gain more insight in to the association. Finally the extent of influence of the Demographic and investor profile variables on the Financial risk tolerance cluster was studied using the canonical correlation. The research design followed in this study is the descriptive research design. Using the Multi stage random sampling technique, the primary data for the study was collected from 470 respondents (investors) in the State of Tamilnadu, India. The results of this study confirmed that there exists significant association between all the Demographic and Investor profile variables with the financial risk tolerance. Also the results further revealed that variables such as gender, age, marital status, type of family, dependents, religion, occupation, number of earning members and amount spent for recreation/entertainment exert significantly strong influence on the financial risk tolerance cluster.
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| Publisher |
International Journal of Latest Trends in Finance and Economic Sciences
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| Contributor |
Pondicherry University, India
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| Date |
2017-07-25
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| Type |
—
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| Format |
application/pdf
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| Identifier |
http://ojs.excelingtech.co.uk/index.php/IJLTFES/article/view/1803
10.2047/ijltfesvol7iss1-1287-1296 |
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| Source |
International Journal of Latest Trends in Finance and Economic Sciences; Vol 7, No 1 (2017): June; 1287-1296
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| Language |
en
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| Rights |
The copyright of the contribution is transferred to IJLTFES in case of acceptance. The copyright transfer covers the exclusive right to reproduce and distribute the contribution, including reprints, translations, photographic reproductions, microform, electronic form, or any other reproductions of similar nature. The Author may publish his/her contribution on his/her personal Web page provided that he/she creates a link to the mentioned volume of IJLTFES. The Author may not publish his/her contribution anywhere else without the prior written permission of the publisher unless it has been changed substantially. The Author warrants that his/her contribution is original, except for such excerpts from copyrighted works as may be included with the permission of the copyright holder and author thereof, that it contains no libellous statements, and does not infringe on any copyright, trademark, patent, statutory right, or propriety right of others. The Author also agrees for and accepts responsibility for releasing this material on behalf of any and all co-authors.
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