Religiosity and risk-taking: evidence from Islam
The Islamic religion has been at the centre of global interest in recent times, but there is no consensus on its influence on individuals and their socio-economic behaviour. We examine the impact of Muslims' religiosity on their propensity to make risky decisions. Based on a sample database of...
| Authors: | ; |
|---|---|
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
International Association of Management, Spirituality & Religion
2023
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| In: |
Journal of management, spirituality & religion
Year: 2023, Volume: 20, Issue: 5, Pages: 473-498 |
| IxTheo Classification: | AE Psychology of religion AG Religious life; material religion BJ Islam ZA Social sciences ZD Psychology |
| Further subjects: | B
Economic behaviour
B Islam B Aufsatz in Zeitschrift B Religion B Religiosity B Risk-taking |
| Online Access: |
Volltext (lizenzpflichtig) |
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| 520 | |a The Islamic religion has been at the centre of global interest in recent times, but there is no consensus on its influence on individuals and their socio-economic behaviour. We examine the impact of Muslims' religiosity on their propensity to make risky decisions. Based on a sample database of 638 Muslims from Saudi Arabia, the empirical results establish a new link between Islamic religiosity and the preference for risk-taking. In particular, the results reveal a U-shaped relationship between Islamic religiosity and the propensity of Muslims for risk-taking suggesting that individuals with both high and low religiosity levels are more likely to make risky decisions. | ||
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