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The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners

Mini Dissertation (MBA)--University of Pretoria, 2020.

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Other Authors: Lew, Charlene
Format: Thesis
Language:English
Published: University of Pretoria 2021
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access_status_str Open Access
author2 Lew, Charlene
author_browse Lew, Charlene
author_facet Lew, Charlene
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2020.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:42.457Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/79661 The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners Lew, Charlene ichelp@gibs.co.za Stoop, Albertus Abraham UCTD Mini Dissertation (MBA)--University of Pretoria, 2020. Small business success is key to economic growth in South Africa. Unfortunately more than 70% of start-up companies fail within the first five to seven years of inception. There needs to be a greater focus on the small business owner and their psychological decision making behaviour. The purpose of this study was to firstly, examine the relationship between life-goal orientation (extrinsic motivation, intrinsic motivation and impersonal) and financial risk propensity of small business owners. Secondly, to examine if stakeholder empathy is a mediator in the relationship between life-goal orientation and financial risk propensity and lastly, to examine the relationship between stakeholder empathy and life-goal orientation. Data was collected from 123 respondents through a survey. Correlation and regression analysis were performed in order to examine the hypotheses. The study did not find a relationship between life-goal orientation and financial risk propensity for this sample and therefore, no mediating role for stakeholder empathy could be examined. The results indicated a correlation between stakeholder empathy and intrinsic motivation, as well as stakeholder empathy and impersonal life-goal orientation. However, no correlation was found between stakeholder empathy and extrinsic motivation. The findings of this study emphasise the importance of context, demographics and environment of respondents when testing financial risk propensity, life-goal orientation and stakeholder empathy. The findings also suggests small business owners are generally more intrinsically motivated and empathetic towards stakeholders, which can have positive and negative effects on the performance of their company. pt2021 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2021-04-22T10:33:29Z 2021-04-22T10:33:29Z 2021/04/14 2020 Mini Dissertation Stoop, AA 2020, The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/79661> http://hdl.handle.net/2263/79661 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners
title The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners
title_full The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners
title_fullStr The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners
title_full_unstemmed The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners
title_short The relationship among financial risk propensity, life-goal orientation and stakeholder empathy of small business owners
title_sort relationship among financial risk propensity life goal orientation and stakeholder empathy of small business owners
topic UCTD
url http://hdl.handle.net/2263/79661