The purpose of this paper is to explore the influence of several core behavioural propensities on financial risk tolerance (FRT). Additionally, this paper examines the moderating effect of ethnicity on the relationship between behavioural propensities and FRT.,A sample of 1,204 completed and usable questionnaires were collected from undergraduate students majoring in business, economics and finance and analysed them using SmartPLS 2.0 software.,The findings reveal that propensity for trust has the highest impact on FRT followed by propensity for regret and happiness in life, while propensity for social interaction is not significantly associated with FRT. Ethnicity significantly moderates the relationship between three behavioural propensities (propensity for regret, propensity for trust and happiness in life) and FRT.,This study contributes to the assessment of individuals’ FRT incorporating behavioural propensities, which in turn contributes to the field of behavioural finance.

中文翻译：

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行为倾向和金融风险承受能力：种族的调节作用

本文的目的是探讨几种核心行为倾向对金融风险承受能力（FRT）的影响。此外，本文还考察了种族对行为倾向和 FRT 之间关系的调节作用。从商业、经济和金融专业的本科生中收集了 1,204 份已完成且可用的问卷样本，并使用 SmartPLS 2.0 软件对其进行了分析。,研究结果表明，信任倾向对 FRT 的影响最大，其次是后悔和幸福的倾向，而社交互动倾向与 FRT 没有显着相关性。种族显着调节三种行为倾向（后悔倾向、信任倾向和生活幸福）与 FRT 之间的关系。