investigates the influence of three key risks, including liquidity risk, cyber risk, and regulatory risk, on the reinvestment … equation modeling. The study further used Investors' risk tolerance as a moderating variable. The findings of the study reveal … that a significant and negative relationship exists between liquidity risk, cyber risk, regulatory risk, and investors …

Modern finance theory assumes that the stock market is efficient, and stock prices reflect all available information …. However, behavioral finance theory argues that stock prices can be influenced by psychological and emotional factors. This … the mediating variable of risk perception. An online questionnaire was distributed to 150 individual investors, out of …