Beyond Flood Preparedness: Effects of Experience, Trust, and Perceived Risk on Preparation Intentions and Financial Risk-Taking in China

Flooding, already the most damaging type of natural disaster in China, is expected to become increasingly costly around the world. However, few studies have examined residents’ flood-preparedness intentions and the effect of flood experience and other variables on general financial risk-taking. This study explored the effects of Chinese residents’ previous flood experiences, trust in public flood protection, and flood-risk perception on flood-preparedness intentions and attitudes towards financial risk-taking in general. Study 1 surveyed residents in a flooded area (n = 241) and a non-flooded area (n = 248); Study 2 surveyed a non-flooded area (n = 1599). The relations between the variables were tested through structural-equation modelling (SEM). Overall, the two studies found that residents’ flood experiences, trust in public protection, and flood-risk perception not only predicted their flood preparedness but also their financial risk aversion. This study highlights the importance of residents’ trust in public flood protection for flood risk management and communication, especially for those who have not yet experienced flooding.

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Determining Consumer Purchase Intention Toward Counterfeit Luxury Goods Based on the Perceived Risk Theory

10.4018/978-1-7998-8609-9.ch015 ◽

2022 ◽

pp. 316-339

Author(s):

Cláudio Félix Canguende-Valentim

Keyword(s):

Risk Perception ◽

Perceived Risk ◽

Purchase Intention ◽

Structural Equation ◽

Financial Risk ◽

Social Risk ◽

Luxury Goods ◽

Intention To Purchase ◽

Consumer Purchase Intention ◽

Perception Theory

This study aims to understand the impact of financial, psychological, and social risk dimensions on attitude and intention to purchase counterfeit luxury goods. Data were collected through a questionnaire conducted with 116 Angolan consumers and were treated with structural equation modeling. The results revealed that only financial risk and social risk were influential in attitude toward counterfeit luxury goods. Attitude had a significant influence on the intention to purchase counterfeit luxury goods. The research contributes to the literature because there has been no previous study in an African country that seeks to understand the purchase intention of counterfeit luxury goods according to risk perception theory. On the other hand, this study is one of the few to report that social risk perception positively impacts attitudes towards counterfeit luxury goods.

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The Role of Sense of Coherence and Social Capital on Perceived Risk: The Salutogenic Model Approach on Flood Survivors in Indonesia

IOP Conference Series Earth and Environmental Science ◽

10.1088/1755-1315/884/1/012017 ◽

2021 ◽

Vol 884 (1) ◽

pp. 012017

Author(s):

H Maulana ◽

G Gumelar ◽

G Irianda

Keyword(s):

Social Capital ◽

Risk Perception ◽

Sense Of Coherence ◽

Flood Risk ◽

Perceived Risk ◽

Social Trust ◽

Individual Risk ◽

Risk Dimensions ◽

The Impact ◽

Flood Risk Perception

Abstract The study of flood risk perception has been received growing attention in multi-disciplinary research and practice. Indonesia’s government approach on managing the impact of flood is highly dependence on structural engineering solutions. Few empirical attempts have systematically established to understand whether positive psychological capacity strategy helps flood survivors to overcome the negative impact of flood. This study aims to investigate the effectiveness of salutogenic and social capital models on flood risk perception. A national survey was used to collect the data of flood survivors across Indonesia. A battery comprising socio-demographic information, measures of salutogenic variable (sense of coherence), social capital (sense of community and social trust), and individual risk perception on flood was administered to the Indonesian adult (N = 194). This study findings showed that the overall model successfully predicted the perceived risk dimensions. However, different routes of correlation across variables were identified. Discussion and future recommendation are presented with regard to the study finding.

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Does Emotional Value Play a Role in the Relationship between Risk and Loyalty?

Marketing – from Information to Decision Journal ◽

10.2478/midj-2019-0008 ◽

2019 ◽

Vol 2 (2) ◽

pp. 35-42 ◽

Cited By ~ 1

Author(s):

Mircea-Andrei Scridon

Keyword(s):

Perceived Risk ◽

Structural Equation ◽

Financial Risk ◽

Future Research ◽

Medium Size ◽

Equation Modelling ◽

Modelling Techniques ◽

The One ◽

Emotional Value ◽

The Relationship

Abstract Although perceived value is considered essential in any marketing activity, the role it plays regarding the relationship between perceived risk and loyalty in the context of organizational markets is not thoroughly considered. Therefore, this paper addresses the aforementioned issues in the context of the small and medium size enterprise market in Romania. From a sample of 229 entities, data were collected and analysed using structural equation modelling techniques. Results confirmed that different relationships are established between functional or financial risk and emotional value on the one hand, and emotional value and loyalty on the other hand. Discussions of the results integrate main findings with other studies that partially or tangentially study the connections between emotional value, risk and loyalty. The paper end with a brief limitations and avenues for future research.

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FLOOD RISK PERCEPTION, COPING AND MANAGEMENT IN TWO VULNERABLE COMMUNITIES IN KUMASI, GHANA

WIT Transactions on State-of-the-art in Science and Engineering - Flood Risk Management and Response ◽

10.2495/safe-v6-n3-538-549/009 ◽

2016 ◽

pp. 84-95

Author(s):

D. K. AHADZIE ◽

I. DINYE ◽

R. D. DINYE ◽

D. G. PROVERBS

Keyword(s):

Risk Perception ◽

Flood Risk ◽

Vulnerable Communities ◽

Flood Risk Perception

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Retail Investors’ Financial Risk Tolerance and Risk-taking Behaviour: The Role of Psychological Factors

FIIB Business Review ◽

10.1177/23197145211058274 ◽

2021 ◽

pp. 231971452110582

Author(s):

Pragati Hemrajani ◽

Rajni ◽

Rahul Dhiman

Keyword(s):

Risk Taking ◽

Psychological Factors ◽

Structural Equation ◽

Financial Risk ◽

Risk Tolerance ◽

Individual Investors ◽

Financial Advisors ◽

Research Model ◽

Financial Risk Tolerance

The aim of this article is to look at how two psychological factors affect financial risk tolerance (FRT) and financial risk-taking behaviour (FRB) of individual investors. The study also investigates the role of FRT in mediating the relationship between psychological factors and FRB. A standardized questionnaire was used to collect the information. For the study, a total of 303 completed questionnaires were used. The proposed research model was validated and assessed using partial least squares structural equation modelling. The findings revealed some important experiences. Emotional intelligence and impulsiveness have a significant relationship with both FRT and FRB, according to the results. The findings also support FRT’s position as a mediating factor in the proposed research model. The results emphasize the importance of psychological factors in determining an individual’s FRT and FRB. FRT is a complex mechanism that entails more than just psychological considerations. As a result, further research is needed to decide which additional factors financial advisors can use to increase the explained variance in FRT inequalities.

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