Attitude Towards Investment Risk With Geared Capital for Entrepreneurial Development: Examination of Cultural Influence in Ghana

Abstract

Risk in funding business with geared capital, a means to develop entrepreneurship and control unemployment in society, a challenge to governments and parents, is the focus of this study. Some people question the suitability of curricula of shaping students as entrepreneurs however, others blame funding risk and not skills acquisition. The study investigated the preponderances of risk with geared capital, in different cultures and behavioural settings and its influence on entrepreneurial initiatives in Ghana, sampling 205 potential investors. It came out that gender, age, education, marital status and dependency show varying significance in choosing and accepting risk, with the desire for contractual relation and security over their investment. The study concludes that people from different environments and cultural disposition react differently towards risk and may prefer bond to secure their investment, affirming a conventional finance practice of exchanges for value.