Citation

Rauyat, Muhammad Nabil Firdaus and Zaidi, Fatin Zaida and Mohd Fauzey, Nur Fatin Shahmina (2026) The Digital Risk Takers: What Shapes Young Malaysians’ Risk Appetite in Robo-Investing? In: Intelligent Governance in the Big Data Era. Springer Science and Business Media Deutschland GmbH, pp. 557-566. ISBN 978-3-032-14698-4

Text The Digital Risk Takers_ What Shapes Young Malaysians’ Risk Appetite in Robo-Investing_ _ Springer Nature Link.pdf - Published Version Restricted to Repository staff only Download (802kB)

Abstract

In an era of increasing digital financial services, robo-advisors have become a popular investment tool among young investors. However, the factors shaping their risk appetite in this context remain underexplored. This study examines how risk tolerance, platform safety, market conditions, and tailored investment strategies impact young Malaysians’ risk appetite when using robo-advisors. While previous research has explored general investment behavior and risk-taking tendencies, limited studies have examined these factors in the specific context of robo-advisory platforms, particularly in Malaysia. A quantitative approach was employed, collecting data from 129 young Malaysian respondents through an online survey, with validated instruments adapted from prior research. Statistical analysis, using a multiple regression test in IBM SPSS, revealed that tailored investment strategies and risk tolerance had the strongest impact on risk appetite, while market conditions played a moderate role. Interestingly, platform safety did not significantly influence risk-taking behavior. These findings contribute to financial behavior literature by addressing a research gap in robo-advisory adoption among young investors. From a practical perspective, the results highlight the need for robo-advisory platforms to offer personalized investment strategies and build investor confidence through enhanced security measures. Additionally, these insights provide valuable guidance for policymakers, fintech developers, and financial service providers in optimizing robo-advisory services to foster greater trust and engagement

Item Type:	Book Section
Uncontrolled Keywords:	Young Malaysian investors
Subjects:	H Social Sciences > HG Finance > HG4501-6051 Investment, capital formation, speculation > HG4530 Investment companies. Investment trusts. Mutual funds
Divisions:	Faculty of Management (FOM)
Depositing User:	Ms Rosnani Abd Wahab
Date Deposited:	05 Jun 2026 04:45
Last Modified:	08 Jun 2026 09:09
URII:	http://shdl.mmu.edu.my/id/eprint/16018

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