Financial decision-making power and risk taking

被引：14

作者：

Phung, Trang M. T. ^{[1
]}

Tran, Quoc N. ^{[1
]}

Nguyen, Nhut H. ^{[3
]}

Nguyen, Tho H. ^{[2
]}

机构：

[1] Hoa Sen Univ, Fac Econ & Business, 08 Nguyen Trang St,Dist 1, Ho Chi Minh City, Vietnam

[2] Univ Econ Ho Chi Minh City, Sch Management, 59C Nguyen Dinh Chieu St,Ward 6,Dist 4, Ho Chi Minh City, Vietnam

[3] Auckland Univ Technol, Dept Finance, 42 Wakefield St, Auckland 1010, New Zealand

来源：

ECONOMICS LETTERS | 2021年 / 206卷

关键词：

Household; Risk taking; Decision making; Investment behavior; FAMILY; DETERMINANTS; GENDER; OVERCONFIDENCE; INVESTMENT; HOUSEHOLD;

D O I：

10.1016/j.econlet.2021.109999

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We find that financial decision-making power per se is significant in explaining individuals' objective risk-taking behavior and subjective risk attitude. More importantly, we show that this decision power attenuates the correlation between subjective risk attitude and objective risk taking. These results are significant in understanding the important role of decision-making power in individual risk-taking behavior. (C) 2021 Elsevier B.V. All rights reserved.

引用

页数：5

共 50 条

[41] Legitimacy Theory in Financial Decision-Making Contexts [J].

Archer, Jack M. ;

Gillette, Davidson B. ;

Stinson, Shane R. .

JOURNAL OF FINANCIAL REPORTING, 2025,

[42] Equilibrium of decision-making process in financial market [J].

Liu, Yehong ;

Huang, Xiaoying ;

Fang, Yong .

2014 INTERNATIONAL CONFERENCE ON COMPUTATIONAL SCIENCE AND COMPUTATIONAL INTELLIGENCE (CSCI), VOL 2, 2014, :113-118

[43] Managerial decision-making and financial accounting information [J].

Socea, Alexandra-Daniela .

8TH INTERNATIONAL STRATEGIC MANAGEMENT CONFERENCE, 2012, 58 :47-55

[44] DECISION-MAKING METHODS FOR RETIREMENT FINANCIAL PLANNING [J].

Figuerola-Wischke, Anton ;

Gil-Lafuente Anna, Maria ;

Maria, Merigo Jose .

CUADERNOS DEL CIMBAGE, 2021, 23 (02) :33-47

[45] A Comment on the Model of Household Financial Decision-making [J].

Liu Yanwen ;

Ye Xi .

PROCEEDINGS OF THE 4TH (2012) INTERNATIONAL CONFERENCE ON FINANCIAL RISK AND CORPORATE FINANCE MANAGEMENT, VOLS I AND II, 2012, :1-6

[46] Making of intrapreneurial managers: Investigating unethical behavior, risk-taking, and decision-making speed as antecedents [J].

Lajci, Rrezon ;

Berisha, Gentrit ;

Krasniqi, Besnik .

JOURNAL OF ENTREPRENEURSHIP MANAGEMENT AND INNOVATION, 2024, 20 (02) :53-74

[47] The Impact of Sexual Arousal on Sexual Risk-Taking and Decision-Making in Men and Women [J].

Skakoon-Sparling, Shayna ;

Cramer, Kenneth M. ;

Shuper, Paul A. .

ARCHIVES OF SEXUAL BEHAVIOR, 2016, 45 (01) :33-42

[48] The Impact of Sexual Arousal on Sexual Risk-Taking and Decision-Making in Men and Women [J].

Shayna Skakoon-Sparling ;

Kenneth M. Cramer ;

Paul A. Shuper .

Archives of Sexual Behavior, 2016, 45 :33-42

[49] Decision-making on the job choice in the condition of Slovak households [J].

Kollar, Jan ;

Kika, Marian ;

Mazurova, Barbora .

E & M EKONOMIE A MANAGEMENT, 2024, 27 (02) :16-31

[50] Increased risk-taking decision-making but not altered response to punishment in stimulant-using young adults [J].

Leland, DS ;

Paulus, MP .

DRUG AND ALCOHOL DEPENDENCE, 2005, 78 (01) :83-90

← 1 2 3 4 5 →