Can demographic variables influence financial risk tolerance? A case in Kota Kinabalu

Yek, Wei Ling (2011) Can demographic variables influence financial risk tolerance? A case in Kota Kinabalu. Masters thesis, Universiti Malaysia Sabah.

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Abstract

This study attempts to measure the effect of demographic characteristics of respondents from Kota Kinabalu towards risk tolerance when making financial decision. A quantitative study that consists of about hundred and seventy two respondents was performed. Data was collected using personally administer questionnaire. The effects of demographic variables (gender, age, marital status, income, education, number of financial dependents as well as occupation) on financial risk tolerance were analyzed by using multiple regressions. The findings revealed that demographic variables had significant effect on financial risk tolerance (FRT). The validity of gender, age, marital status as well as income in determining FRT was supported. However, education, number of financial dependents and occupation were found to be insignificant in this study compared to some previous studies. This was due to some societal differences between Kota Kinabalu and Western countries. Therefore, some demographic variables that were appeared to have significant effect on FRT were found to be insignificant in this study.

Item Type:	Thesis (Masters)
Keyword:	Financial risk tolerance, Demographic characteristics, Financial decision-making, Personal finance, Behavioral Finance
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28-9999 Industries. Land use. Labor > HD28-70 Management. Industrial management > HD61 Risk in industry. Risk management
Department:	SCHOOL > School of Business and Economics
Depositing User:	DG MASNIAH AHMAD -
Date Deposited:	25 Jul 2025 15:13
Last Modified:	25 Jul 2025 15:13
URI:	https://eprints.ums.edu.my/id/eprint/44660

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