ISSN2320-2882
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Paper Title

Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research.

Authors

Swati H. Halani , Jimmy M. Kapadia , Pratiksinh S Vaghela

Keywords

Risk Tolerance, Personality types, Demographic factors, Financial Literacy.

Abstract

The study's goal is to present an accurate and organised survey of the literature on risk tolerance. The study aims to investigate different factors which affects risk tolerance and to provide comprehensive literature review. The manuscript beings with a discussion on the risk tolerance. We explore how risk tolerance can be measured with different factors like demographic factors, Financial Literacy, Personality types and how these factors influence investors. The results showed factors like personality types, financial literacy and demographic factors is positively influence risk tolerance. The study makes a novel contribution to the strand literature of risk tolerance among investors. It highlights the substantial knowledge gaps in this field and provides a potential agenda for academicians, research organizations, and funding agencies for future research.

How To Cite

Choose the style your journal or department asks for, then copy it. Every version below is generated from this paper's own record.

IJCRT — journal style
"Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research.", IJCRT - International Journal of Creative Research Thoughts (www.ijcrt.org), ISSN:2320-2882, Vol.14, Issue 2, page no.e109-e116, February 2026, Available :https://ijcrt.org/papers/IJCRT2602480.pdf
APA — 7th edition
Halani, S. H., Kapadia, J. M., & Vaghela, P. S. (2026). Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research. International Journal of Creative Research Thoughts, 14(2), e109-e116. https://ijcrt.org/viewpaperforall.php?paper=IJCRT2602480
MLA — 9th edition
Halani, Swati H., et al. "Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research." International Journal of Creative Research Thoughts, vol. 14, no. 2, 2026, pp. e109-e116, https://ijcrt.org/viewpaperforall.php?paper=IJCRT2602480.
Chicago — 17th, bibliography
Halani, Swati H., Jimmy M. Kapadia, and Pratiksinh S Vaghela. "Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research." International Journal of Creative Research Thoughts 14, no. 2 (2026): e109-e116. https://ijcrt.org/viewpaperforall.php?paper=IJCRT2602480.
Harvard — author–date
Halani, S.H., Kapadia, J.M. and Vaghela, P.S. (2026) 'Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research', International Journal of Creative Research Thoughts, 14(2), pp. e109-e116. Available at: https://ijcrt.org/viewpaperforall.php?paper=IJCRT2602480
IEEE — numbered reference
S. H. Halani, J. M. Kapadia and P. S. Vaghela, "Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research," IJCRT, vol. 14, no. 2, pp. e109-e116, Feb. 2026.
Vancouver — biomedical
Halani SH, Kapadia JM, Vaghela PS. Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research. IJCRT. 2026 Feb;14(2):e109-e116.
AMA — 11th edition
Halani SH, Kapadia JM, Vaghela PS. Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research. IJCRT. 2026;14(2):e109-e116. Accessed at https://ijcrt.org/viewpaperforall.php?paper=IJCRT2602480
BibTeX — Zotero, Mendeley, LaTeX
@article{IJCRT2602480, author = {Swati H. Halani and Jimmy M. Kapadia and Pratiksinh S Vaghela}, title = {Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research.}, journal = {International Journal of Creative Research Thoughts}, volume = {14}, number = {2}, pages = {e109-e116}, year = {2026}, month = {February}, issn = {2320-2882}, url = {https://ijcrt.org/viewpaperforall.php?paper=IJCRT2602480} }
RIS — EndNote, RefWorks
TY - JOUR AU - Halani, Swati H. AU - Kapadia, Jimmy M. AU - Vaghela, Pratiksinh S TI - Factors Affecting Risk Tolerance: A Systematic Literature Review of Empirical Research. T2 - International Journal of Creative Research Thoughts JA - IJCRT VL - 14 IS - 2 PY - 2026 SN - 2320-2882 UR - https://ijcrt.org/viewpaperforall.php?paper=IJCRT2602480 SP - e109-e116 ER -

Issue

Volume 14 Issue 2, February-2026
Pages : e109-e116

Article Information

Pages
e109-e116
Published
February 2026
Registration ID
IJCRT_300128
Published Paper ID
IJCRT2602480
Research Area
Management All
Author Type
Indian Author
Location
Thane, Maharashtra, India
Licence
CC BY 4.0 · Open Access
ISSN & Impact Factor
2320-2882 · IF 9.17
Downloads
201

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Registration ID IJCRT_300128

About Publisher

International Journal of Creative Research Thoughts Published by IJCRT Publication
2320-2882 ISSN
9.17 Impact Factor
2013 ESTD Year
Open Access
Impact Factor 9.17, calculated from Google Scholar citation data — see how it is worked out.
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Licence

© 2026 — Authors hold the copyright of this article. This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits unrestricted use, distribution and reproduction in any medium, provided the original author and source are credited.
 Disclaimer: The content, data and findings in this article are based on the authors’ research and have been peer-reviewed for academic purposes only. Readers are advised to verify all information before practical or commercial use. The journal and its editorial board are not liable for any errors, losses or consequences arising from its use.

Declarations

Funding

No external funding was received for this study.

Conflict of Interest

The authors declare that they have no conflict of interest.

Acknowledgements

The authors would like to thank the reviewers and the editorial board of International Journal of Creative Research Thoughts for their careful reading and constructive comments, and all colleagues who supported the preparation of this manuscript.

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