The Impact of Investors’ Perception of Risk on Portfolio Management: Evidence from the Kingdom of Bahrain
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摘要: The Study of risk perception and its impact on investors’ behavior is well established in the literature behavioral finance. Plentiful studies have been conducted to explore, investigate measure this link. However, very few them attempt find link context portfolio management. Therefore, purpose study test empirically management Kingdom Bahrain. This draws 151 questionnaire surveys investors Participants were asked assess one randomly selected type (from P (A) (F)) a consisting 33 determents which from previous studies. Subsequently, model determinants perceived was developed tested. Furthermore, data analyzed using linear stepwise regression factor analysis with varimax rotation. Suitability checked by calculating Kaiser-Meyer-Olkin (KMO) value analyzing anti-image-covariance-matrix. results reveal that not only affected quantitative aspects potential losses gains but also qualitative manifestations evidence be pertinent. Worry & anxiety, liquidity; level confidence economy and/or stock market load high representing associated KEY WORDS: Portfolio Management- Risk Perception- Behavioral Finance- Investment Decisions-
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