Demography factors, financial risk tolerance, and retail investors
- 10.2991/insyma-18.2018.20How to use a DOI?
- demography factors, financial risk tolerance, retail investors
This study aims to understand the influence of demography factors, as an independent variable to the financial risk tolerance of retail investors who conduct stock investment transactions on the Indonesia Stock Exchange, as a dependent variable. The research used a quantitative approach to binary logistic regression analysis model and online questionnaire method for the data collection. The questionnaires were distributed through online media and communication tools, including the mailing list and social media. The number of observed respondents which met the criteria were about 162 respondents. Then, the parametric study showed a significant positive partial effect from the independent variable, income, against dependent variable financial risk tolerance. The other independent variables consisted of gender, age, marital status, education, and occupation; did not exhibit any significant impact on financial risk tolerance.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Bertha Silvia Sutejo AU - Yohanes Kokoh Natan Pranata AU - Putu Anom Mahadwartha PY - 2018/03 DA - 2018/03 TI - Demography factors, financial risk tolerance, and retail investors BT - Proceedings of the 15th International Symposium on Management (INSYMA 2018) PB - Atlantis Press SP - 80 EP - 83 SN - 2352-5398 UR - https://doi.org/10.2991/insyma-18.2018.20 DO - 10.2991/insyma-18.2018.20 ID - SilviaSutejo2018/03 ER -