The determinants of risk preferences oninvestment:analysis on samples from a Taiwanese financial holdings
| Autor: | Liou Hsiou-Chung, 劉秀瓊 |
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| Rok vydání: | 2012 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 100 This study refers to Grable and Lytton (1999) and a domestic wealth management to form the questionnaire. With a total of 307 samples, the investor's environment and psychological factors impact on the risk tolerance are fully analyzed. By using logit and order probit model, it is found that age，financial knowledge and investment experience, and risk tolerance are significantly correlated. related. Among them, married and older respondents are with lower risk tolerance than their counterparts. Gender, however, plays no role at the tolerance for investment risk. Secondly, result of the Logit model demonstrats that individuals with college or above degree have a significant influence on loaning to invest than without. Investors with master and bachelor degrees would have 112.7% and 125.3% probabilities, respectively, to loan for investments than that of lower education. This result indicates that the higher the investor’s educational background is, the better financial planning he or she can apply. Finally, the satisfaction rate of the investors to the domestic wealth managing banks is 4 points out of 5, which indicates that investors are basically satisfied with these services. banks. Within the 4 features of wealth managing, Attitudes of Servicing get 3.95. points which is the highest, Attention is 3.66 points, after that is Discipline and Confidence which is 3.6 points. Thus, it realizes that the investors are satisfied with these services, though there are still improvements in Disciplines and Confidence. Probably it is due to the losses that the investors had when financial crisis happened and the reliance and recognition to banks decreased. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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