Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis
This empirical study explores the investment pattern and financial decision making of individuals and their risk tolerance. The study has adopted financial risk tolerance scale proposed by Grable and Lytton to measure the different dimensions of financial risk. Kendall’s W Test is used to ascertain...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EconJournals
2016-03-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32008/353660?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| _version_ | 1797913297703403520 |
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| author | Kavita Chavali M. Prasanna Mohanraj |
| author_facet | Kavita Chavali M. Prasanna Mohanraj |
| author_sort | Kavita Chavali |
| collection | DOAJ |
| description | This empirical study explores the investment pattern and financial decision making of individuals and their risk tolerance. The study has adopted financial risk tolerance scale proposed by Grable and Lytton to measure the different dimensions of financial risk. Kendall’s W Test is used to ascertain the preferred source of investment of individuals. Chi square test is used to determine the demographic variables and their relationship with investment pattern. The study reveals that gender has an impact on the investment pattern and decision making of respondents. |
| first_indexed | 2024-04-10T12:09:41Z |
| format | Article |
| id | doaj.art-f513fbcfba5a4e8aa0dd220a7bab1540 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T12:09:41Z |
| publishDate | 2016-03-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-f513fbcfba5a4e8aa0dd220a7bab15402023-02-15T16:16:05ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-03-01611691751032Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical AnalysisKavita ChavaliM. Prasanna MohanrajThis empirical study explores the investment pattern and financial decision making of individuals and their risk tolerance. The study has adopted financial risk tolerance scale proposed by Grable and Lytton to measure the different dimensions of financial risk. Kendall’s W Test is used to ascertain the preferred source of investment of individuals. Chi square test is used to determine the demographic variables and their relationship with investment pattern. The study reveals that gender has an impact on the investment pattern and decision making of respondents.https://dergipark.org.tr/tr/pub/ijefi/issue/32008/353660?publisher=http-www-cag-edu-tr-ilhan-ozturkrisk tolerance demographics investment pattern investment decision |
| spellingShingle | Kavita Chavali M. Prasanna Mohanraj Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis International Journal of Economics and Financial Issues risk tolerance demographics investment pattern investment decision |
| title | Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis |
| title_full | Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis |
| title_fullStr | Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis |
| title_full_unstemmed | Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis |
| title_short | Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis |
| title_sort | impact of demographic variables and risk tolerance on investment decisions an empirical analysis |
| topic | risk tolerance demographics investment pattern investment decision |
| url | https://dergipark.org.tr/tr/pub/ijefi/issue/32008/353660?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| work_keys_str_mv | AT kavitachavali impactofdemographicvariablesandrisktoleranceoninvestmentdecisionsanempiricalanalysis AT mprasannamohanraj impactofdemographicvariablesandrisktoleranceoninvestmentdecisionsanempiricalanalysis |