Financial Risk Tolerance and Burnout Relation: Information and Communication Technology (ICT) Sector Study
Year 2016,
Volume: 8 Issue: 2, 95 - 101, 01.04.2016
Çağrı Hamurcu
,
H. Dilek Yalvac Çamurcu
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
Year 2016,
Volume: 8 Issue: 2, 95 - 101, 01.04.2016
Çağrı Hamurcu
,
H. Dilek Yalvac Çamurcu
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.