Appetite for financial risk: the importance of demographics as identifying and categorizing elements in retail investors’

Jaspreet Kaur Dhingra () and Navdeep Aggarwal
Additional contact information
Jaspreet Kaur Dhingra: Punjab Agricultural University
Navdeep Aggarwal: Punjab Agricultural University

SN Business & Economics, 2024, vol. 4, issue 4, 1-17

Abstract: Abstract Retail investor comprises of an important group in stock markets and their dynamic way of behaving is probably going to affect the securities market. Therefore, the behavior of the investors in the Indian capital market cannot be ignored. Various behavioral variables affect the decision making of investors. One of them is ‘Appetite for Financial Risk’. This study intends to investigate a number of variables that affect stock investors' willingness to take financial risks. A questionnaire is adopted, and information from 504 randomly chosen stock investors in punjab is gathered. The findings show that two key variables—"Investor underpinnings" and "Risk taking approach"—affect stock investors' ability to take risks. The findings further highlight how demographic factors including gender, marital status, degree of education, and financial Training affect investment decisions.

Keywords: Factor analysis; Appetite for financial risk; Investment decisions; Gender; Marital status; Education (search for similar items in EconPapers)
JEL-codes: G4 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s43546-024-00648-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:snbeco:v:4:y:2024:i:4:d:10.1007_s43546-024-00648-z

Ordering information: This journal article can be ordered from
https://www.springer.com/journal/43546

DOI: 10.1007/s43546-024-00648-z

Access Statistics for this article

SN Business & Economics is currently edited by Gino D'Oca

More articles in SN Business & Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().