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Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis

Year 2016, Volume: 6 Issue: 1, 169 - 175, 01.03.2016

Kavita Chavali M. Prasanna Mohanraj

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

Risk Tolerance Demographics Investment pattern Investment decision

Year 2016, Volume: 6 Issue: 1, 169 - 175, 01.03.2016

Kavita Chavali M. Prasanna Mohanraj

Abstract

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Details

Other ID JA27TU22HY
Journal Section Research Article
Authors

Kavita Chavali This is me

M. Prasanna Mohanraj This is me

Publication Date March 1, 2016
Published in Issue Year 2016 Volume: 6 Issue: 1

Cite

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.
AMA Chavali K, Mohanraj MP. Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis. IJEFI. March 2016;6(1):169-175.
Chicago 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 6, no. 1 (March 2016): 169-75.
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 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, 2016.
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 2016), 169-175.
JAMA 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, 2016, pp. 169-75.
Vancouver Chavali K, Mohanraj MP. Impact of Demographic variables and Risk Tolerance on Investment Decisions – An Empirical Analysis. IJEFI. 2016;6(1):169-75.