The Impact of Financial Literacy on Investors’ Risk Tolerance

Fahmi Kurnia K. Putri; Muhammad Saiful Hakim; Geodita Woro Bramanti

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Paper

The Impact of Financial Literacy on Investors’ Risk Tolerance

In Proceedings of the 2nd Global Conference on Business, Management and Entrepreneurship GC-BME - Volume 1, 227-231, 2017 , Surabaya, Indonesia

Authors: Fahmi Kurnia K. Putri ; Muhammad Saiful Hakim and Geodita Woro Bramanti

Affiliation: Business Management Department and Institut Teknologi Sepuluh Nopember Surabaya, Indonesia

Keyword(s): Financial Literacy, Investor, Risk Tolerance

Abstract: Financial literacy represents the level of financial knowledge and other related skills in managing personal finance. The results suggest that financial literacy has a significant impact on investors’ risk tolerance. Investors with higher level of financial literacy tend to be more risk tolerant to investment risks.

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Paper citation in several formats:

Putri, F.; Hakim, M. and Bramanti, G. (2018). The Impact of Financial Literacy on Investors’ Risk Tolerance. In Proceedings of the 2nd Global Conference on Business, Management and Entrepreneurship - GC-BME; ISBN 978-989-758-333-9; ISSN 2184-3368, SciTePress, pages 227-231. DOI: 10.5220/0007117602270231

@conference{gc-bme18,
author={Fahmi Kurnia K. Putri. and Muhammad Saiful Hakim. and Geodita Woro Bramanti.},
title={The Impact of Financial Literacy on Investors’ Risk Tolerance},
booktitle={Proceedings of the 2nd Global Conference on Business, Management and Entrepreneurship - GC-BME},
year={2018},
pages={227-231},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007117602270231},
isbn={978-989-758-333-9},
issn={2184-3368},
}

TY - CONF

JO - Proceedings of the 2nd Global Conference on Business, Management and Entrepreneurship - GC-BME
TI - The Impact of Financial Literacy on Investors’ Risk Tolerance
SN - 978-989-758-333-9
IS - 2184-3368
AU - Putri, F.
AU - Hakim, M.
AU - Bramanti, G.
PY - 2018
SP - 227
EP - 231
DO - 10.5220/0007117602270231
PB - SciTePress