Value-based financial risk prediction model

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15260%2F21%3A73608650" target="_blank" >RIV/61989592:15260/21:73608650 - isvavai.cz</a>

Result on the web

<a href="https://www.mdpi.com/2227-9091/9/11/205/htm" target="_blank" >https://www.mdpi.com/2227-9091/9/11/205/htm</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/risks9110205" target="_blank" >10.3390/risks9110205</a>

Result language

angličtina

Original language name

Value-based financial risk prediction model

Original language description

The model of financial risk prediction we developed and present in our paper is based on the theoretical assumption that there exists a significant relationship between actual economic situation and values. This assumption confirmed by the research influences the potential risk in financial behaviour and it becomes actual especially in the case of changing life conditions. The concept of the model is based on data received from 3768 respondents questioned across the Czech Republic. Measured variables were indexed, and the cluster and factor analyses were used for multivariate analysis. The model is unique in the combination of personal values projected into six generalized value types and developed economic indexes clustered in four types of economic situations. The primary purpose of the model is to identify the anticipated personal financial risk of clients. The model has fundamental applications as a diagnostic or auto-diagnostic tool in social work, counselling, psychotherapy, and other helping professions, or as a research instrument leading to various hypotheses and to the enhancement of theories concerning economic behaviour.

Czech name

—

Czech description

—

Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

—

OECD FORD branch

50902 - Social sciences, interdisciplinary

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Risks

ISSN

2227-9091

e-ISSN

—

Volume of the periodical

9

Issue of the periodical within the volume

11

Country of publishing house

CH - SWITZERLAND

Number of pages

24

Pages from-to

—

UT code for WoS article

000725905400001

EID of the result in the Scopus database

2-s2.0-85119828621