Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Interaction between Gender and Cognitive Factor toward Investment Decision
Dublin Core
Title
Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Interaction between Gender and Cognitive Factor toward Investment Decision
Interaction between Gender and Cognitive Factor toward Investment Decision
Subject
interaction moderation; overconfidence; risk aversion; investment decision; behavioral financial.
Description
This study aims to analyze whether there is an influence of irrational behaviour of individual investors in determining investment decisions. The irrational behaviour studied in this article are overconfidence and risk aversion. To increase the complexity, the moderating variables of gender and income level are used to sharpen the influence on
investment decisions. The data used are primary data collected from 161 individual investor respondents. The data available in this study were analysed using the Moderated Regression Analysis Technique. From the data processing results, it was found that irrational behaviour proxied by overconfidence and risk aversion has an influence on investors in determining investment decisions. It is proven that risk aversion interacts with gender in influencing investment decisions. At the same time, gender does not interact with the independent variable in influencing investment decisions
investment decisions. The data used are primary data collected from 161 individual investor respondents. The data available in this study were analysed using the Moderated Regression Analysis Technique. From the data processing results, it was found that irrational behaviour proxied by overconfidence and risk aversion has an influence on investors in determining investment decisions. It is proven that risk aversion interacts with gender in influencing investment decisions. At the same time, gender does not interact with the independent variable in influencing investment decisions
Creator
Tiar Lina Situngkir, Nugraha, Disma, Yayat Supriyatna
Source
DOI: 10.26905/jkdp.v26i2.7021
Publisher
Universitas Merdeka Malang
Date
April 2022
Contributor
Sri Wahyuni
Rights
ISSN: 2443-2687 (Online) ISSN: 1410-8089 (Print)
Format
PDF
Language
English
Type
Text
Coverage
Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Files
Collection
Citation
Tiar Lina Situngkir, Nugraha, Disma, Yayat Supriyatna, “Jurnal Keuangan dan Perbankan Universitas Merdeka Malang
Interaction between Gender and Cognitive Factor toward Investment Decision,” Repository Horizon University Indonesia, accessed December 23, 2024, https://repository.horizon.ac.id/items/show/4851.
Interaction between Gender and Cognitive Factor toward Investment Decision,” Repository Horizon University Indonesia, accessed December 23, 2024, https://repository.horizon.ac.id/items/show/4851.