The Influence of Financial Behaviour on Financial Risk Tolerance In Investment Decision: A Conceptual Paper

Authors

  • Mubarokah Bunyamin Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia
  • Norwazli Abdul Wahab Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia

DOI:

https://doi.org/10.15282/ijim.14.1.2022.7435

Keywords:

Financial behaviour, Financial risk tolerance, Investment

Abstract

There is a growing stream of research to seek for a solution to improve financial risk tolerance (FRT) in investment decisions, which is most likely conducted from financial institutions and was revealed that there are varieties of factors contribute to this aspect. The literature demonstrated that FRT is considered as the powerful factor that encourages investors’ intentions towards investments. Study shows that the  FRT can be improved through positive financial behaviour. Hence it is essential to explore financial behaviour and FRT influences in investment decision from studies around the world and Malaysian market.  Therefore, this wide discussion will benefit financial practitioners and institutions in financial practices. In addition, this study surely contribute some additional insights towards existing literature.  

Author Biography

Norwazli Abdul Wahab, Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia

Author’s Full Name: Mubarokah binti Bunyamin

Author’s Email: mubarokah2020@hotmail.com

Author Professional Bio:

Mubarokah binti Bunyamin is currently a doctoral candidate in Faculty of  Industrial Management, University Malaysia Pahang. She obtained her degree in Master of Science (Financial Mathematics) from University Science Islam Malaysia in 2018. In 2012, she obtained degree in  Bachelor of Science (Mathematics) with Education from  Universiti Pendidikan Sultan Idris, Malaysia. She experienced as administrator and human resource administrator in few private companies. In 2020, she joined Tamhidi (Foundation Studies) Centre, University Science Islam Malaysia as part time Mathematics tutor before enrolling in doctoral studies.

 

Author’s Full Name: Norwazli Bt Abdul Wahab

Author’s Email: norwazli@ump.edu.my

Author Professional Bio:

Norwazli Bt Abdul Wahab is currently a Senior Lecturer at Faculty of Industrial Management, Universiti Malaysia Pahang (UMP). She obtained her PhD from Universiti Teknologi MARA (UiTM). She completed her Master of Business Administration in Finance, Bachelor of Accountancy (Hons) and Diploma in Accountancy from Universiti Teknologi MARA (UiTM). She has experience working in the industry as an account and finance executive. Her areas of research include corporate governance, corporate social responsibility, corporate financial performance, financial planning and risk management.

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Published

2022-07-31

How to Cite

Bunyamin, M., & Abdul Wahab, N. (2022). The Influence of Financial Behaviour on Financial Risk Tolerance In Investment Decision: A Conceptual Paper . International Journal of Industrial Management, 14(1), 529–542. https://doi.org/10.15282/ijim.14.1.2022.7435