Financial risk tolerance of entrepreneurs in selected towns of Cavite / by Robelyn A. Pastolero.

By: Contributor(s): Material type: TextTextLanguage: English Publication details: Indang, Cavite : 2014. Cavite State University- Main Campus,Description: xi, 79 pages : illustrations ; 28 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): DDC classification:
  • 658.155  P26 2014
Online resources: Production credits:
  • College of Economics, Management, and Development Studies (CEMDS)
Abstract: PASTOLERO, ROBELYN A. Financial Risk Tolerance of Entrepreneurs in Selected Towns of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management, major in Financial Management. Cavite State University. Indang, Cavite. April 2014. Adviser: Mrs. Ludivinia F. Victorino. The study was conducted to determine and analyze the financial risk tolerance of entrepreneurs in selected towns of Cavite. Specifically, this study was carried out to determine the socio-demographic characteristics and business characteristics of the participants; determine the level of financial risk tolerance of entrepreneurs; determine if there is significant difference in the financial risk tolerance of the participants when grouped according to socio-demographic characteristics; and determine if there is a significant relationship between socio-demographic characteristics and financial risk tolerance of entrepreneurs in selected town of Cavite. The study was conducted in ten towns with the most number of business establishments in Cavite namely: Dasmarinas City, Bacoor City, Imus City, Silang, General Trias, Trece Martires City, Tanza, Rosario, Cavite City, and Tagaytay City from October to November 2013. A total of 120 participants were included in the study using quota sampling. Purposive sampling was also used in selecting the participants of the study. The study used an existing, but adapted Survey questionnaire to determine the risk tolerance level of the participants. Most (59%) of the entrepreneurs were female, had an average age of 44 years, married, and obtained college degrees. The participants had been earning an average of P56,900 monthly from their business. Majority (68%) of them had micro businesses, sole Proprietorship, and had been operating for almost 11 years. In terms of level of financial risk tolerance of entrepreneurs, participants were categorized at an aggregate level as either average or above average risk tolerant and the findings from the study concluded that the resultant mean score of 28.12 indicates that in general, entrepreneurs in selected towns of Cavite have an average tolerance for risk. On the other hand, findings of the study revealed that there is only significant difference in the financial risk tolerance of entrepreneurs in selected towns of Cavite when grouped according to marital status. Moreover, the study also revealed that in terms of relationship, it was concluded that only income had a significant relationship on the financial risk tolerance of entrepreneurs in selected towns of Cavite which meant that when income increased, financial risk tolerance also increased.
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Theses / Manuscripts Theses / Manuscripts Ladislao N. Diwa Memorial Library Theses Section Non-fiction 658.155 P26 2014 (Browse shelf(Opens below)) Link to resource Room use only T-5378 00008879

Thesis (BS Business Management--Financial Management) Cavite State University

Includes bibliographical references.

College of Economics, Management, and Development Studies (CEMDS)

PASTOLERO, ROBELYN A. Financial Risk Tolerance of Entrepreneurs in Selected Towns of Cavite. Undergraduate Thesis. Bachelor of Science in Business Management, major in Financial Management. Cavite State University. Indang, Cavite. April 2014. Adviser: Mrs. Ludivinia F. Victorino.

The study was conducted to determine and analyze the financial risk tolerance of entrepreneurs in selected towns of Cavite. Specifically, this study was carried out to determine the socio-demographic characteristics and business characteristics of the
participants; determine the level of financial risk tolerance of entrepreneurs; determine if there is significant difference in the financial risk tolerance of the participants when grouped according to socio-demographic characteristics; and determine if there is a significant relationship between socio-demographic characteristics and financial risk tolerance of entrepreneurs in selected town of Cavite.

The study was conducted in ten towns with the most number of business establishments in Cavite namely: Dasmarinas City, Bacoor City, Imus City, Silang, General Trias, Trece Martires City, Tanza, Rosario, Cavite City, and Tagaytay City from October to November 2013. A total of 120 participants were included in the study using quota sampling. Purposive sampling was also used in selecting the participants of the study. The study used an existing, but adapted Survey questionnaire to determine the risk
tolerance level of the participants.

Most (59%) of the entrepreneurs were female, had an average age of 44 years, married, and obtained college degrees. The participants had been earning an average of P56,900 monthly from their business. Majority (68%) of them had micro businesses, sole Proprietorship, and had been operating for almost 11 years.

In terms of level of financial risk tolerance of entrepreneurs, participants were categorized at an aggregate level as either average or above average risk tolerant and the findings from the study concluded that the resultant mean score of 28.12 indicates that in general, entrepreneurs in selected towns of Cavite have an average tolerance for risk.

On the other hand, findings of the study revealed that there is only significant difference in the financial risk tolerance of entrepreneurs in selected towns of Cavite when grouped according to marital status.

Moreover, the study also revealed that in terms of relationship, it was concluded that only income had a significant relationship on the financial risk tolerance of entrepreneurs in selected towns of Cavite which meant that when income increased, financial risk tolerance also increased.

Submitted copy to the University Library. 04/24/2014 T-5378

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