Amir Shusha
Does Financial Literacy Moderate the Relationship among Demographic Characteristics and Financial Risk Tolerance? Evidence from Egypt
Damietta University
financial risk tolerance certainly important topic researchers investors personal financial planners consultantsthe study purposed investigate effect demographic characteristics financial risk tolerance among egyptiansa literature review demographic determinants financial risk tolerance showed dialectical resultstherefore study attempts clarify debatable results studying moderating role financial literacy relationships among demographic characteristics financial risk tolerancethe study sample included 386 respondents representing different segments egyptian peopleusing hierarchical regression analysis results demonstrated significant effects gender age educational level annual income financial risk tolerancemoreover financial literacy moderates relationships among demographic characteristics individuals tendency take risk