| dc.description.abstract | Nowadays, researchers around the world are often concerned with the factors that influence the risk appetite of investors. As a result, many scientific studies have found that there is a relationship between individual characteristics such as age, sex, income, and so on, and the ability of investors to manage risk, thereby they are able to know appropriate investment methods for different levels of risk acceptance. This not only helps individual investors understand the investment trends of themselves but also helps the securities companies have the right advice for their customers. However, Vietnam as well as many places only concentrate on investors, but very few scientific papers study with students as participants as well as the factors that affect their ability to take risks. Therefore, the purpose of this paper is to study the family factors that influence the student's risk tolerance.
In order to reduce bias in psychology questionnaires, this research focuses on students majoring in economics, who have basic knowledge in macroeconomics, stocks, investment, and so on. The results have based on data collection from 201 participants being students in economic sectors randomly drawn from the universities in Ho Chi Minh City.
To clarify the hypothesized model, Logistic Regression Model will be used, which analyze and evaluate the percentage of each kind of risk tolerance, risk seeker or risk averse with the effects of family factors. Logistics regression showed that personal savings, household income, gender, and numbers of siblings affect to participants’ risk taking. | en_US |
