Abstract
Financial Risk tolerance of investors affects Investment and saving
behavior of individuals. This research studies the relationship between
income of salaried class and financial risk tolerance using multinomial
logistic regression. It is found that income is significantly correlated to
the financial Risk tolerance. A sample covered salaried class of
D.I.Khan district of 269 respondents, Khyber Pakhtunkhwa, Pakistan.
This study found that low income class are risk averse as compared to
high income class.
Bela Kundi, Shumaila Hashim, Arzoo Kanwal. (2017) Multinomial Logistic Analysis of Income Level of Salaried Class on Financial Risk Tolerance , Journal of Managerial Sciences, Volume 11, Issue 4.
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