Investigating Influence of Financial Literacy on Investment Decision: Mediating Role of Risk Tolerance
Dr. Sushil Kumar Gupta, Dr. M A Nayeem, Dr. S. Vidya,
CMA (DR.) Sharad Gautam, Dr. Harshada Aurangabadkar, Dr. Kamatchi Preethi V
Abstract:
The Financial Risk Tolerance has a big impact on financial decision-making and is essential for understanding investment opportunities. One important characteristic that draws investors to take advantage of market opportunities is a higher risk tolerance. This study looks into how risk tolerance acts as a mediating factor in the relationship between financial literacy and investing performance. A structured questionnaire was used to gather information from 288 individual investors in India. The results … Show more
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