Alignment of preferences |
To verify alignment of preferences regarding accounting information |
Likert scale of alignment between none (1) and all (5) |
Byrne and Pierce (2018Byrne, S., & Pierce, B. (2018). Exploring management accountants’ role conflicts and ambiguities and how they cope with them. Qualitative Research in Accounting & Management, 15(4), 410-436.),Pierce and O’Dea (2003Pierce, B., & O'Dea, T. (2003). Management accounting information and the needs of managers: Perceptions of managers and accountants compared. The British Accounting Review, 35(3), 257-290.),Powers and Dickson (1973Powers, R. F., & Dickson, G. W. (1973). MisProject management: Myths, opinions, and reality. California Management Review, 15(3), 147-156.),Robey (1979Robey, D. (1979). User attitudes and management information system use. Academy of Management Journal, 22(3), 527-538.) |
PAD |
To verify preferences for aggregation or disaggregation |
Dummy with two categories: disaggregate (0) aggregate (1) |
Bonner et al. (2014Bonner, S. E., Clor-Proell, S. M., & Koonce, L. (2014). Mental accounting and disaggregation based on the sign and relative magnitude of income statement items. The Accounting Review, 89(6), 2087-2114.),Fennema and Koonce (2010Fennema, M. G., & Koonce, L. (2010). Mental accounting in financial reporting and voluntary disclosure [Working Paper]. Social Science Research Network.https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1717078 https://papers.ssrn.com/sol3/papers.cfm?...
),Suave (2017Suave, R. (2017). Preferências dos usuários por agregação e desagregação em relatórios internos para fins de ratcheting de metas e avaliação de desempenho [Doctoral Thesis]. Universidade de São Paulo.),Thaler (1999Thaler, R. H. (1999). Mental accounting matters. Journal of Behavioral Decision Making, 12(3), 183-206.) |
CON |
To verify the context in which the decision was taken |
Dummy with two categories: preparer (0) user (1) |
Aldrighi and Milanez (2005Aldrighi, D. M., & Milanez, D. Y. (2005). Finança comportamental e a hipótese dos mercados eficientes. Revista de Economia Contemporânea, 9(1), 41-72.),Blavatskyy (2013Blavatskyy, P. (2013). Which decision theory? Economics Letters, 120(1), 40-44.),Rengel et al. (2019Rengel, R., Gasparetto, V., & Schnorrenberger, D. (2019). Sunk costs e insistência irracional: o comportamento na tomada de decisões nos contextos pessoal, organizacional e público. Revista Ambiente Contábil, 11(2), 19-39.),Schultz et al. (2018Schultz, K. L., Robinson, L. W., Thomas, L. J., Schultz, J., & McClain, J. O. (2018). The use of framing in inventory decisions. Production and Operations Management, 27(1), 49-57.),Silva et al. (2008Silva, C. A. T., Souza, F. A., & Domingos, N. T. (2008). Efeito do custo perdido: a Influência do custo perdido na decisão de investimento. Revista de Contabilidade e Organizações, 2(2), 87-100.),Tan and Yates (1995Tan, H., & Yates, J. F. (1995). Sunk cost effects: The influences of instruction and future return estimates. Organizational Behavior and Human Decision Processes, 63(3), 331-319.) |
GEN |
To verify gender |
Dummy with two categories: male (0) female (1) |
Brooks et al. (2018Brooks, C., Sangiorgi, I., Hillenbrand, C., & Money, K. (2018). Why are older investors less willing to take financial risks? International Review of Financial Analysis, 56(C), 52-72.),Geetha and Selvakumar (2016Geetha,S. N., & Selvakumar, M. M. (2016). An analysis on the factors influencing risk tolerance level of individual investors. International Journal of Business Excellence, 9(2), 253-264.),Yao et al. (2011Yao, R., Sharpe, D. L., & Wang, F. (2011). Decomposing the age effect on risk tolerance. The Journal of Socio-Economics, 40(6), 879-887.) |
AGE |
To verify age |
Continuous variable measured in years |
Brooks et al. (2018Brooks, C., Sangiorgi, I., Hillenbrand, C., & Money, K. (2018). Why are older investors less willing to take financial risks? International Review of Financial Analysis, 56(C), 52-72.),Geetha and Selvakumar (2016Geetha,S. N., & Selvakumar, M. M. (2016). An analysis on the factors influencing risk tolerance level of individual investors. International Journal of Business Excellence, 9(2), 253-264.),Yao et al. (2011Yao, R., Sharpe, D. L., & Wang, F. (2011). Decomposing the age effect on risk tolerance. The Journal of Socio-Economics, 40(6), 879-887.) |
MAR |
To verify marital status |
Dummy with two categories: single (0) not single (1) |
Geetha and Selvakumar (2016Geetha,S. N., & Selvakumar, M. M. (2016). An analysis on the factors influencing risk tolerance level of individual investors. International Journal of Business Excellence, 9(2), 253-264.),Yao et al. (2011Yao, R., Sharpe, D. L., & Wang, F. (2011). Decomposing the age effect on risk tolerance. The Journal of Socio-Economics, 40(6), 879-887.) |
DEP |
To verify the number of dependents |
Number of dependents of the individual |
Yao et al. (2011Yao, R., Sharpe, D. L., & Wang, F. (2011). Decomposing the age effect on risk tolerance. The Journal of Socio-Economics, 40(6), 879-887.) |
EXP |
To verify time of experience |
Continuous variable measured in years |
Shepherd et al. (2015Shepherd, D. A., Williams, T. A., & Patzelt, H. (2015). Thinking about entrepreneurial decision making: Review and research agenda. Journal of management, 41(1), 11-46.) |
EL |
To verify educational level |
Dummy with two categories: partial graduate (0) full graduate (1) |
Geetha and Selvakumar (2016Geetha,S. N., & Selvakumar, M. M. (2016). An analysis on the factors influencing risk tolerance level of individual investors. International Journal of Business Excellence, 9(2), 253-264.) |
SEM |
To verify the semester they are in |
Number of semesters completed |
Tan and Yates (1995Tan, H., & Yates, J. F. (1995). Sunk cost effects: The influences of instruction and future return estimates. Organizational Behavior and Human Decision Processes, 63(3), 331-319.) |
MIL |
To verify income level |
Dummy with six categories: up to 1 MW (0); 1-2 MW (1); 2-3 MW (2); 3-4 MW (3); 4-5 MW (4); more than 5 MW (5) |
Brooks et al. (2018Brooks, C., Sangiorgi, I., Hillenbrand, C., & Money, K. (2018). Why are older investors less willing to take financial risks? International Review of Financial Analysis, 56(C), 52-72.),Geetha and Selvakumar (2016Geetha,S. N., & Selvakumar, M. M. (2016). An analysis on the factors influencing risk tolerance level of individual investors. International Journal of Business Excellence, 9(2), 253-264.),Yao et al. (2011Yao, R., Sharpe, D. L., & Wang, F. (2011). Decomposing the age effect on risk tolerance. The Journal of Socio-Economics, 40(6), 879-887.) |
PFS |
To verify the perception of their financial situation |
Dummy with five categories: VI (0); SI (1); FB (2); WS (3); FS (4) |
Camerer (2005Camerer, C. (2005). Three cheers - psychological, theoretical, empirical - for loss aversion. Journal of Marketing Research, 42(2), 129-133.) |