IDEAS home Printed from https://ideas.repec.org/a/asi/ajoerj/v9y2019i1p16-26id4272.html
   My bibliography  Save this article

Examining the Impact of Risk Tolerance and Risk Aversion on the Individual Financial Performance in the Kingdom of Bahrain

Author

Listed:
  • Habil Slade Ogalo

Abstract

With growing tougher economic conditions, everyone is struggling to safeguard their financial assets and invest them carefully. However, there are certain unavoidable risk factors that every person should be aware of since they have a potential to influence individual`s financial stability. With this notion, the present study attempted to investigate how individual financial performance can be managed and enhanced. Therein, the study attempted to examine the role of risk tolerance and risk aversion factors in an individual towards its financial performance. Through sampling 450 white collar working professionals from retail and financial sectors in the kingdom of Bahrain, the present study found a significant positive relationship between risk tolerance and individual financial performance. Accordingly, the study also reported a significant positive relationship between risk aversion and financial performance. The study has contributed towards a very important topic particularly in an emerging economy like Bahrain. The study forwards implications for practice and scope for future studies based on the findings.

Suggested Citation

  • Habil Slade Ogalo, 2019. "Examining the Impact of Risk Tolerance and Risk Aversion on the Individual Financial Performance in the Kingdom of Bahrain," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 9(1), pages 16-26.
    • Handle: RePEc:asi:ajoerj:v:9:y:2019:i:1:p:16-26:id:4272
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5004/article/view/4272/6638
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:ajoerj:v:9:y:2019:i:1:p:16-26:id:4272. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5004/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.