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Financial risk tolerance: A review and research agenda

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  • Hemrajani, Pragati
  • Rajni,
  • Khan, Muskan
  • Dhiman, Rahul

Abstract

A comprehensive analysis of all scholarly publications available in the Scopus database in the field of financial risk tolerance (FRT) was conducted from 2000 to 2021 using a hybrid approach. Using bibliometric analysis, the trends and progress of the research field were identified through citation analysis, keyword co-occurrence analysis, and other indicators such as the most influential journals, countries, and authors. We also used a systematic literature review (SLR) method to offer a future research agenda by identifying key gaps through the lens of theory development, context, characteristics, and methodology (a TCCM framework). This article analyzes unexplored areas of research themes and knowledge structures in the FRT domain. As a result, the work adds value to the extant literature by offering future directions to scholars working in the field of FRT.

Suggested Citation

  • Hemrajani, Pragati & Rajni, & Khan, Muskan & Dhiman, Rahul, 2023. "Financial risk tolerance: A review and research agenda," European Management Journal, Elsevier, vol. 41(6), pages 1119-1133.
    • Handle: RePEc:eee:eurman:v:41:y:2023:i:6:p:1119-1133
    DOI: 10.1016/j.emj.2023.10.004
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