Footprint of Personality Characteristics on Financing Objectives: The Arbitrating capacity of Risk Attitude and the Moderating capacity of Investment Savvy



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Submitted Jul 2, 2021
Published Jul 24, 2021
10.24018/ejbmr.2021.6.4.971

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The following study clarifies the role of risk attitude in revolving the relationship between Financing Objectives and personality characteristics and the moderating role of investment savvy between risk attitude and financing objectives by the particular sample size of 200 students. The participants of the study belonged from finance background. To simplify the collected data, the regression analyses was utilized in a flow to implicate the effect upon the dependent variables of the independent variables. To get more enhanced results, the mediator and the moderator were uplifted. Hence by, the results revealed that individuals who are activity, determined, and sympathy towards others are more willing to opt for STFO (short term financing objectives). Whilst, in long run extraversion, openness to experience and agreeableness, and conscientiousness traits are more inclined towards LTFO (long term financing objectives).

Moreover, the study further mentions that STFO and LTFO are not much affected by investment savvy of an individuals. Nonetheless, the investment savvy is not really bothered by the relationship of financing objectives and risk attitude.

Keywords: Financing Objectives, Investment savvy, Personality Characteristics, Risk attitude

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