GENDER, ETHNICITY AND RELIGION IN INVESTMENT BEHAVIOUR WHILE TAKING RISK

Widayanto, Yoanna Fransisca Sri (2014) GENDER, ETHNICITY AND RELIGION IN INVESTMENT BEHAVIOUR WHILE TAKING RISK. GENDER, ETHNICITY AND RELIGION IN INVESTMENT BEHAVIOUR WHILE TAKING RISK.

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Abstract

Purpose – This research aims to examine whether gender, ethnicity, and religion influence behavior in risk taking level and confidence level and to prove whether men are more risk taking and confidence than women or not. Research Design – This study replicated a previous study by Mohamed Albaity and Mahfuzur Rahman (2012) who investigated a research paper of “Gender, Ethnicity, and Religion and Investment Decision: Malaysia Evidence” in two public universities in Malaysia. The questionnaires were distributed to eight Universities’ Pojok Bursa in Yogyakarta. Data analysis was used Chi-Square Test and Independent Sample t-test. Findings – This research found that gender influence respondents’ risk taking level and confidence level. Meanwhile, ethnicity and religion do not influence respondents’ risk taking level and confidence level. This research also found that men are more risk taking and confidence compared to women. Research Limitation – The number of the sample is not as many as the researcher expected. Other limitation is the researcher did not put other demographic factors, such as age, education, and the monthly cash of the respondents.

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