Influence of Urgency on Financial Risk-Taking Behavior of Individual Investors: The Role of Financial Risk Tolerance as a Mediating Factor
Material type: TextDescription: 30-43. pSubject(s): In: MURTHY, E N APPLIED FINANCESummary: This paper empirically examines whether unobserved variable (urgency) is capable of influencing individual investors' financial risk-taking behavior. It further aims to explore the causal relationship from urgency through financial risk tolerance to financial risk-taking behavior. Based on the review of previous studies, two conceptual frameworks (direct effect and indirect effect) followed by a set of hypotheses were developed. A survey was conducted among individual investors (N = 90) with various levels of investment experience, through a structured questionnaire followed by data analysis using Partial Least Squares-Structural Equation Modeling (PLS-SEM). The results were found to be significant when examined for both direct and causal pathways thereby suggesting the need for more research aimed at examining the effects of these unobserved variables on financial risk-taking behavior of individuals.Item type | Current library | Call number | Vol info | Status | Notes | Date due | Barcode | Item holds | |
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Journal Article | Main Library | Vol 24, No 1/ 5558570JA3 (Browse shelf(Opens below)) | Available | 5558570JA3 | |||||
Journals and Periodicals | Main Library On Display | JOURNAL/FIN/Vol 24, No 1/5558570 (Browse shelf(Opens below)) | Vol 24, No 1 (01/01/2018) | Not for loan | January, 2018 | 5558570 |
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Vol 24, Issue 1/ 5557268JA7 A study on consumer ethnocenterism and social comparision in rural India | Vol 24, Issue 1/ 5557268JA8 Target chemical India Prvt. Ltd. ( TCL) : | Vol 24, No 1/ 5558570JA1 Hidden Leverage in Conglomerates: An Unintended Systemic Risk | Vol 24, No 1/ 5558570JA3 Influence of Urgency on Financial Risk-Taking Behavior of Individual Investors: The Role of Financial Risk Tolerance as a Mediating Factor | Vol 24, No 1/ 5558570JA4 Managements' View on Shares Repurchase: An Indian Survey | Vol-24(XXIV)/ BV-71 Finance India Vol-24(XXIV) - (No. 3 and 4) | Vol-24(XXIV)/ BV-72 Finance India Vol-24(XXIV) - (No. 3 and 4) |
This paper empirically examines whether unobserved variable (urgency) is capable of influencing individual investors' financial risk-taking behavior. It further aims to explore the causal relationship from urgency through financial risk tolerance to financial risk-taking behavior. Based on the review of previous studies, two conceptual frameworks (direct effect and indirect effect) followed by a set of hypotheses were developed. A survey was conducted among individual investors (N = 90) with various levels of investment experience, through a structured questionnaire followed by data analysis using Partial Least Squares-Structural Equation Modeling (PLS-SEM). The results were found to be significant when examined for both direct and causal pathways thereby suggesting the need for more research aimed at examining the effects of these unobserved variables on financial risk-taking behavior of individuals.
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