Risk Tolerance and Stock Market Investment Decisions: A Bibliometric Analysis
H. Srivastava et al.
What the paper says
Risk tolerance (RT) is the key component in determining an investor’s investment decision (ID) in the stock market. By evaluating existing literature, this study attempts to establish the pattern and link between elements that influence an individual’s RT, leading to irrationality in their ID. The study adopts a bibliometric approach that uses the VOSviewer software to analyse 70 articles from the Scopus database between 2000 and 2024. This study highlighted key trends, influential authors, journals, publications, and countries that published papers related to RT. This research identifies the gap in the previous studies and provides direction for future research. Keyword analysis was used to identify emerging themes in RT. Results demonstrate that psychological, socioeconomic, and demographic factors affect the investors’ ability to tolerate risk. Findings show that RT is an emerging topic among researchers and it is important to assess RT for making informed IDs for retail investors.
1 citation
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.16 × 0.4 = 0.06 |
| M · momentum | 0.53 × 0.15 = 0.08 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.