New Risk Management Research from Changzhou University Discussed (Risk preference and willingness to participate in the futures market: Evidence from cotton and jujube enterprises of China): Risk Management

2022 SEP 09 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on risk management are presented in a new report. According to news originating from Changzhou, People’s Republic of China, by NewsRx correspondents, research stated, “Since the instability and uncertainty are mounting on the international landscape, it is urgent and necessary to explore the risk awareness and risk management capabilities of leading agricultural enterprises in China.”

Our news reporters obtained a quote from the research from Changzhou University: “Based on a survey of 219 enterprises, we build a logit model and estimate the impact of risk preference and price risk perception of leading cotton and jujube enterprises on their willingness to participate in the futures market. We further explore the moderating effect of the price risk perception on the relationship between risk preference and willingness to participate in the futures market. Results show that the risk preference and price risk perception of leading enterprises have a significant positive impact on their willingness to participate in the futures market, and the proportion of the mediating effect in the total effect is calculated to be 35.1%.”

According to the news editors, the research concluded: “Therefore, risk management instruments suitable for various types of leading enterprises and segmentation of training courses are suggested to optimize the effectiveness of China’s cotton and jujube futures market.”

For more information on this research see: Risk preference and willingness to participate in the futures market: Evidence from cotton and jujube enterprises of China. Frontiers in Environmental Science, 2022,10. (Frontiers in Environmental Science - http://www.frontiersin.org/environmental_science). The publisher for Frontiers in Environmental Science is Frontiers Media S.A.

A free version of this journal article is available at https://doi.org/10.3389/fenvs.2022.978557.

Our news journalists report that more information may be obtained by contacting An Cheng, Wu Jinglian School of Economics, Changzhou University, Changzhou, People’s Republic of China. Additional authors for this research include Xinru Han, Mahmood Ahmad. Our reports deliver fact-based news of research and discoveries from around the world.