Financial Risk Tolerance and Burnout Relation: Information and Communication Technology (ICT) Sector Study
Abstract
This study examines the relationship between financial risk tolerance and burnout with its subscales emotional exhaustion (EE),
depersonalization (DEP), and personal accomplishment(PA) on the information and communication technology (ICT) sector
employees. In this study, Grable and Lytton Financial Risk Tolerance and Maslach Burnout Inventory (MBI) Scales are used. In
additionto this relationship investigation, how financial risk tolerance attitudes change with demographic characteristicsis also
analyzed in this field study. The result of this study shows that there is relation betweenfinancial risk tolerance and burnout
with its emotional exhaustion (EE) subscale. Moreoverto this, it is also attained that financial risk tolerance increases with the
education level and income. In addition to this, depersonalization is greater in single than inmarried, in other words singles are
more prone to depersonalization than married.
References
- Baker, H.K., Haslem, J.A., 1974. The impact of investor socioeconomic characteristics on risk and return preferences.Journal of Business Research 2, 469/476. Blume, M., 1978.The changing role of the individual investor.Wiley, New York. Cohn, R.A., Lewellen, W.G., Lease, R.C., Schlarbaum, G.G., 1975. Individual financial risk aversion and investment portfolio composition.Journal of Finance 30, 605/620. Cordes, Cynthia L., and Thomas W. Dougherty (1993), “A Review and an Integration of Research on Job Burnout,” Academy of Management Review, 18 (4), 621–659. Friedman, B., 1974. Risk aversion and the consumer choice of health insurance option.Review of Economics and Statistics 56, 209/214. Grable, John E; Lytton, Ruth H. 2003: The development of a risk assessment instrument: A follow-up study Financial Services Review 12.3: 257-274. Grable, John E., Lytton, Ruth H., 1999. Assessing financial risk tolerance: do demographic, socioeconomic and attitudinal factors work? Family Relations and Human Development/Family Economics and Resource Management Biennial, 80/88. Haliassos, M., Bertaut, C., 1995. Why do so few hold stocks? Economic Journal 105, 1110/1129. Lewin, Jeffrey E., and Jeffrey K. Sager (2007), “A Process Model of Burnout Among Salespeople: Some New Thoughts,” Journal of Business Research, 60 (12), 1216– 1224. Maslach, Christina, and Susan E. Jackson (1981), “The Measurement of Experienced Burnout,” Journal of Occupational Psychology, 54 (2), 99–113. Maslach, Christina, Susan E. Jackson and Leiter Michael P. (1986), TheMaslach Burnout Inventory Manual, 3rd ed., Palo Alto, CA: Consulting Psychologists Press. Riley, W.B., Chow, K.V., 1992. Asset allocation and individual risk aversion.Financial Analysts Journal 48, 32/37. Schooley, D.K., Worden, D.D., 1996. Risk aversion measures: comparing attitudes and asset allocation. Financial Services Review 5, 87/99. Shaw, K.L., 1996. An empirical analysis of risk aversion and income growth. Journal of Labor Economics 14, 626/653 Kuzniak, Stephen, Rabbani, Abed, Heo, Wookjae, RuizMenjivar,Jorge, Grable, John E. (2015) The Grable and Lytton risk-tolerance scale: A 15-year retrospective, Financial Services Review 24 177-192. Sung, J., Hanna, S., 1996. Factors related to risk tolerance. Financial Counsel and Planning 7, 11 /12.
Financial Risk Tolerance and Burnout Relation: Information and Communication Technology (ICT) Sector Study
Abstract
This study examines the relationship between financial risk tolerance and burnout with its subscales emotional exhaustion (EE),
depersonalization (DEP), and personal accomplishment(PA) on the information and communication technology (ICT) sector
employees. In this study, Grable and Lytton Financial Risk Tolerance and Maslach Burnout Inventory (MBI) Scales are used. In
additionto this relationship investigation, how financial risk tolerance attitudes change with demographic characteristicsis also
analyzed in this field study. The result of this study shows that there is relation betweenfinancial risk tolerance and burnout
with its emotional exhaustion (EE) subscale. Moreoverto this, it is also attained that financial risk tolerance increases with the
education level and income. In addition to this, depersonalization is greater in single than inmarried, in other words singles are
more prone to depersonalization than married.
References
- Baker, H.K., Haslem, J.A., 1974. The impact of investor socioeconomic characteristics on risk and return preferences.Journal of Business Research 2, 469/476. Blume, M., 1978.The changing role of the individual investor.Wiley, New York. Cohn, R.A., Lewellen, W.G., Lease, R.C., Schlarbaum, G.G., 1975. Individual financial risk aversion and investment portfolio composition.Journal of Finance 30, 605/620. Cordes, Cynthia L., and Thomas W. Dougherty (1993), “A Review and an Integration of Research on Job Burnout,” Academy of Management Review, 18 (4), 621–659. Friedman, B., 1974. Risk aversion and the consumer choice of health insurance option.Review of Economics and Statistics 56, 209/214. Grable, John E; Lytton, Ruth H. 2003: The development of a risk assessment instrument: A follow-up study Financial Services Review 12.3: 257-274. Grable, John E., Lytton, Ruth H., 1999. Assessing financial risk tolerance: do demographic, socioeconomic and attitudinal factors work? Family Relations and Human Development/Family Economics and Resource Management Biennial, 80/88. Haliassos, M., Bertaut, C., 1995. Why do so few hold stocks? Economic Journal 105, 1110/1129. Lewin, Jeffrey E., and Jeffrey K. Sager (2007), “A Process Model of Burnout Among Salespeople: Some New Thoughts,” Journal of Business Research, 60 (12), 1216– 1224. Maslach, Christina, and Susan E. Jackson (1981), “The Measurement of Experienced Burnout,” Journal of Occupational Psychology, 54 (2), 99–113. Maslach, Christina, Susan E. Jackson and Leiter Michael P. (1986), TheMaslach Burnout Inventory Manual, 3rd ed., Palo Alto, CA: Consulting Psychologists Press. Riley, W.B., Chow, K.V., 1992. Asset allocation and individual risk aversion.Financial Analysts Journal 48, 32/37. Schooley, D.K., Worden, D.D., 1996. Risk aversion measures: comparing attitudes and asset allocation. Financial Services Review 5, 87/99. Shaw, K.L., 1996. An empirical analysis of risk aversion and income growth. Journal of Labor Economics 14, 626/653 Kuzniak, Stephen, Rabbani, Abed, Heo, Wookjae, RuizMenjivar,Jorge, Grable, John E. (2015) The Grable and Lytton risk-tolerance scale: A 15-year retrospective, Financial Services Review 24 177-192. Sung, J., Hanna, S., 1996. Factors related to risk tolerance. Financial Counsel and Planning 7, 11 /12.
Details
| Journal Section | Review Article |
|---|---|
| Authors | |
| Publication Date | April 1, 2016 |
| Published in Issue | Year 2016Volume: 8 Issue: 2 |
