文章基本信息

标题：Interaction between Gender and Cognitive Factor toward Investment Decision
本地全文：下载
作者：Tiar Lina Situngkir ; Nugraha Nugraha ; Disman Disman 等
期刊名称：Jurnal Keuangan dan Perbankan
印刷版ISSN：1410-8089
电子版ISSN：2443-2687
出版年度：2022
卷号：26
期号：2
页码：265-275
DOI：10.26905/jkdp.v26i2.7021
语种：English
出版社：Universitas Merdeka Malang
摘要：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.
关键词：interaction moderation;overconfidence;risk aversion;investment decision;behavioral financial