Financial Risk Tolerance across Demographic Segments: A Study on Women in Kolkata

Author(s)	Mr. DEBASHIS NATH, Dr. PIJUS KANTI BHUIN
Country	India
Abstract	Abstract: The focus of the study is to evaluate the financial risk-bearing capacity of women living in Kolkata city with respect to different demographic variables, namely, age, earnings, marital status, working status and educational qualifications. A random sampling survey was conducted among 104 women aged between 19 to 55 using the Grable and Lytton Financial Risk Tolerance Scale. Outcomes of t-test and ANOVA show that age, earnings, and marital status of women have no significant impact on financial risk tolerance, but work position and educational qualifications do have. Working women are more conservative than non-working women in connection to financial risk tolerance. Women who have vocational or technical education are more likely to take financial risks than university-system-educated women. The study brings insight into the financial risk tolerance capacity of women living in Kolkata in determining their financial investment decisions.
Keywords	Keywords: Financial Risk Management, Financial Risk Tolerance, Financial Risk and Investment Decision, Risk Management.
Field	Business Administration
Published In	Volume 7, Issue 4, July-August 2025
Published On	2025-07-18
DOI	https://doi.org/10.36948/ijfmr.2025.v07i04.51447
Short DOI	https://doi.org/g9tz7z

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