EconPapers    
Economics at your fingertips  
 

The investment decision-making process from a risk manager's perspective: a survey

Omar Masood, Bora Aktan () and Sahil Chaudhary

Qualitative Research in Financial Markets, 2009, vol. 1, issue 2, 106-120

Abstract: Purpose - The purpose of this paper is to identify associations between various inputs in the investment decision process of Saudi Arabian risk managers (RMs). Design/methodology/approach - The paper reports the views of 81 RMs in Saudi Arabia regarding their approach to investment risk and uses these as inputs into conditional independence graphs. Findings - Saudi RMs favour their experience and personal judgment over mathematical projections and statistical models when considering investment risk. A need remains for an efficient risk-modeling framework for the banking system that has more practical value than those which have emerged to date. Originality/value - The paper provides novel insights on issues such as the extent to which risk management is dealt with in practice via personal experience rather than statistical-based projections. The findings also shed light on the level of satisfaction amongst RMs and regulators with the incentives provided in the Saudi Arabian environment, and the importance placed on guidance from the nation's leading regulatory institution.

Keywords: Decision making; Risk management; Risk assessment; Saudi Arabia (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.emeraldinsight.com/10.1108/175541709109 ... RePEc&WT.mc_id=RePEc (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:qrfmpp:v:1:y:2009:i:2:p:106-120

Ordering information: This journal article can be ordered from
Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
http://emeraldgroupp ... journals.htm?id=qrfm

Access Statistics for this article

Qualitative Research in Financial Markets is currently edited by Professor Bruce M. Burton

More articles in Qualitative Research in Financial Markets from Emerald Group Publishing
Bibliographic data for series maintained by Virginia Chapman ().

 
Page updated 2019-10-07
Handle: RePEc:eme:qrfmpp:v:1:y:2009:i:2:p:106-120