University of Twente Student Theses


Business Professionals : differences in risk taking in personal investments

Oud, J (2014) Business Professionals : differences in risk taking in personal investments.

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Abstract:This paper focuses on the financial risk taking of partners at accountancy and law firms in The Netherlands. These partners are responsible for building their own pension and therefore have to make several decisions on how to invest their money. Their investment decisions are related to the amount of risk partners are willing to take. This paper will try to identify the factors that influence financial risk taking and the differences between partners when it comes to financial risk taking. In order to identify these factors for partners in The Netherlands, a questionnaire was used. The questionnaire focused on six different factors that, based on previous literature, might have an impact on the amount of financial risk taking. The results show that there were two significant indicators for the amount of financial risk taking: age and gender. Male partners take more financial risk on average than female partners do. When it comes to age, older people are more risk averse than younger people are. Furthermore, when partners are positive about the future of the stock market, they take more financial risk than those who are negative about it or expect no rise in stock prices.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:83 economics
Programme:International Business Administration BSc (50952)
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