EN
Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis
Abstract
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.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
March 1, 2016
Submission Date
March 1, 2016
Acceptance Date
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Published in Issue
Year 2016 Volume: 6 Number: 1
APA
Chavali, K., & Mohanraj, M. P. (2016). Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis. International Journal of Economics and Financial Issues, 6(1), 169-175. https://izlik.org/JA95PF95PM
AMA
1.Chavali K, Mohanraj MP. Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis. IJEFI. 2016;6(1):169-175. https://izlik.org/JA95PF95PM
Chicago
Chavali, Kavita, and M. Prasanna Mohanraj. 2016. “Impact of Demographic Variables and Risk Tolerance on Investment Decisions – An Empirical Analysis”. International Journal of Economics and Financial Issues 6 (1): 169-75. https://izlik.org/JA95PF95PM.
EndNote
Chavali K, Mohanraj MP (March 1, 2016) Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis. International Journal of Economics and Financial Issues 6 1 169–175.
IEEE
[1]K. Chavali and M. P. Mohanraj, “Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis”, IJEFI, vol. 6, no. 1, pp. 169–175, Mar. 2016, [Online]. Available: https://izlik.org/JA95PF95PM
ISNAD
Chavali, Kavita - Mohanraj, M. Prasanna. “Impact of Demographic Variables and Risk Tolerance on Investment Decisions – An Empirical Analysis”. International Journal of Economics and Financial Issues 6/1 (March 1, 2016): 169-175. https://izlik.org/JA95PF95PM.
JAMA
1.Chavali K, Mohanraj MP. Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis. IJEFI. 2016;6:169–175.
MLA
Chavali, Kavita, and M. Prasanna Mohanraj. “Impact of Demographic Variables and Risk Tolerance on Investment Decisions – An Empirical Analysis”. International Journal of Economics and Financial Issues, vol. 6, no. 1, Mar. 2016, pp. 169-75, https://izlik.org/JA95PF95PM.
Vancouver
1.Kavita Chavali, M. Prasanna Mohanraj. Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis. IJEFI [Internet]. 2016 Mar. 1;6(1):169-75. Available from: https://izlik.org/JA95PF95PM