Abdullah Yusof, Selamah (2015) Household bargaining, financial decision-making and risk tolerance. International Journal of Business and Society, 16 (2). pp. 221-236. ISSN 1511-6670
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Abstract
This study examines the financial investment decision-making and risk behaviors of Malaysian men and women. It uses data obtained from a survey of employed Malaysians to test two opposing models of household decision making, the income pooling hypothesis and the bargaining model. Ordinal probit regressions are estimated to determine if earning share affects decisions on financial investments, and to identify factors that affect risk tolerance of men and women. The results indicate that although both men and women practice autonomy in decisions related to financial investments, women have lower risk tolerance than men. The results on decision making are consistent with the bargaining model as reflected in the importance of relative earning share in financial decision making.
Item Type: | Article (Journal) |
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Additional Information: | 301/48643 |
Uncontrolled Keywords: | Malaysia; Income Pooling Hypothesis; Bargaining Model; Financial DecisionMaking;Risk Tolerance; Household |
Subjects: | H Social Sciences > HG Finance > HG179 Personal finance H Social Sciences > HQ The family. Marriage. Woman > HQ503 The family. Marriage. Home |
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): | Kulliyyah of Economics and Management Sciences > Department of Economics |
Depositing User: | Dr SELAMAH ABDULLAH YUSOF |
Date Deposited: | 15 Jan 2016 10:32 |
Last Modified: | 26 Oct 2017 15:39 |
URI: | http://irep.iium.edu.my/id/eprint/48643 |
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