Factors influencing financial risk tolerance: A review
High financial risk tolerance level encourages investors’ participation in financial market. Thus, elevate their capabilities to achieve their financial goals and support national economic growth and well-being. This paper aims to investigate the factors affecting financial risk tolerance from stud...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Malaysia Pahang
2021
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| Online Access: | http://umpir.ump.edu.my/id/eprint/32798/ http://umpir.ump.edu.my/id/eprint/32798/1/Factors%20influencing%20financial%20risk%20tolerance_%20a%20review.pdf |
| _version_ | 1848824112456138752 |
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| author | Mubarokah, Bunyamin Norwazli, Abdul Wahab |
| author_facet | Mubarokah, Bunyamin Norwazli, Abdul Wahab |
| author_sort | Mubarokah, Bunyamin |
| building | UMP Institutional Repository |
| collection | Online Access |
| description | High financial risk tolerance level encourages investors’ participation in financial market. Thus, elevate their capabilities to achieve their financial goals and support national economic growth and well-being. This paper aims to investigate the factors affecting financial risk tolerance from studies around the globe. A comprehensive review of financial risk tolerance is carried out with a particular attention on factors that impact financial risk tolerance on financial decisions. This study indicates that financial risk tolerance can be explained by demographic profiles, psychology, social, geographical differences, and financial capability factors. These findings will be useful to professionals, technologists, and financial institutions to identify potential investors based on the indicators concluded with the suggestion on financial technology (FinTech) utilisation. Hence, encouraging participation in the Malaysian financial market during global health crisis and reaching economic well-being towards industrial revolution 4.0 (IR 4.0). |
| first_indexed | 2025-11-15T03:07:51Z |
| format | Article |
| id | ump-32798 |
| institution | Universiti Malaysia Pahang |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T03:07:51Z |
| publishDate | 2021 |
| publisher | Penerbit Universiti Malaysia Pahang |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | ump-327982021-12-09T03:02:25Z http://umpir.ump.edu.my/id/eprint/32798/ Factors influencing financial risk tolerance: A review Mubarokah, Bunyamin Norwazli, Abdul Wahab HG Finance High financial risk tolerance level encourages investors’ participation in financial market. Thus, elevate their capabilities to achieve their financial goals and support national economic growth and well-being. This paper aims to investigate the factors affecting financial risk tolerance from studies around the globe. A comprehensive review of financial risk tolerance is carried out with a particular attention on factors that impact financial risk tolerance on financial decisions. This study indicates that financial risk tolerance can be explained by demographic profiles, psychology, social, geographical differences, and financial capability factors. These findings will be useful to professionals, technologists, and financial institutions to identify potential investors based on the indicators concluded with the suggestion on financial technology (FinTech) utilisation. Hence, encouraging participation in the Malaysian financial market during global health crisis and reaching economic well-being towards industrial revolution 4.0 (IR 4.0). Penerbit Universiti Malaysia Pahang 2021-11-29 Article PeerReviewed pdf en cc_by_4 http://umpir.ump.edu.my/id/eprint/32798/1/Factors%20influencing%20financial%20risk%20tolerance_%20a%20review.pdf Mubarokah, Bunyamin and Norwazli, Abdul Wahab (2021) Factors influencing financial risk tolerance: A review. International Journal of Industrial Management (IJIM), 12 (1). 296 -305. ISSN 2289-9286 (Print); 0127-564x (Online). (Published) https://doi.org/10.15282/ijim.12.1.2021.6753 https://doi.org/10.15282/ijim.12.1.2021.6753 |
| spellingShingle | HG Finance Mubarokah, Bunyamin Norwazli, Abdul Wahab Factors influencing financial risk tolerance: A review |
| title | Factors influencing financial risk tolerance: A review |
| title_full | Factors influencing financial risk tolerance: A review |
| title_fullStr | Factors influencing financial risk tolerance: A review |
| title_full_unstemmed | Factors influencing financial risk tolerance: A review |
| title_short | Factors influencing financial risk tolerance: A review |
| title_sort | factors influencing financial risk tolerance: a review |
| topic | HG Finance |
| url | http://umpir.ump.edu.my/id/eprint/32798/ http://umpir.ump.edu.my/id/eprint/32798/ http://umpir.ump.edu.my/id/eprint/32798/ http://umpir.ump.edu.my/id/eprint/32798/1/Factors%20influencing%20financial%20risk%20tolerance_%20a%20review.pdf |