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Financial Risk Tolerance among Indian Investors: A Multiple Discriminant Modeling of Determinants
Author(s) -
Mishra Manit,
Mishra Sasmita
Publication year - 2016
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.2075
Subject(s) - materialism , earnings , variety (cybernetics) , demographic economics , business , economics , finance , statistics , mathematics , theology , philosophy
Above‐average risk tolerance is strongly associated with greater materialism, younger age, and male gender, while a variety of characteristics comprising materialism, age, gender, and ratio of earnings to total family members discriminate between the risk tolerance levels of individual investors.