scholarly journals Investigating the Demographic Characteristics of Institutional Investors Affecting Representativeness, Conservatism and Overconfidence Biases in their Individual Investments

2021 ◽  
Vol 13 (1) ◽  
pp. 15
Author(s):  
Idil Ozlem Koc

This study aims to identify the factors affecting representativeness, conservatism, and overconfidence biases in a sample of Turkish institutional investors. In difference to other studies, especially the individual investments of institutional investors in capital markets are focused on. The respondents who are selected with the method of convenience sampling are asked survey questions. In the study, models are formed with the stepwise method using linear regression analysis, and survey questions that are assumed to represent the examined biases are selected as the dependent variable. The age, gender, marital status, education, whether or not having children, and experience of institutional investors are included in the analysis as the independent variables. This way, which of the independent variables that are found to be statistically significant and the subcategories of these independent variables are most influential on the biases is revealed. As a result of the analysis, in addition to determining the variables that affect a single bias, it is understood that the variable of education level affects all examined biases, and especially the effect of low education levels on the examined biases is higher. In the regression analysis, experience is identified as a significant variable affecting representativeness and conservatism biases. It is observed that especially the institutional investors who are inexperienced or less experienced interact with these two biases more in their decisions related to their individual investments. Gender is found to be significant variable on both conservatism and representativeness biases, especially it was understood that female institutional investors were more effective than men on the representativeness and conservatism bias. Furthermore, it is determined that the marital status variable and the divorced institutional investors as a subcategory of this variable are significantly influential on conservatism and overconfidence biases.

2018 ◽  
Vol 1 (1) ◽  
pp. 46-55
Author(s):  
Moch Aditya Hendro P ◽  
Ririt Iriani Sri Setiawati

The purpose of this study is to find out how many factors affect the rate of deposits and savings at commercial banks in East Java. This study uses secondary data for 15 years since 2001-2015 by using multiple linear regression analysis to determine the effect simultaneously and partially from Inflation variable, Gross Regional Domestic Product, Total Money Supply, Return On Assets to variable Interest Rate Deposit Rate And Savings as dependent variable. The results showed that simultaneously all the independent variables (X) affect the level of Deposits and savings. Partially variable of GRDP, JUB, ROA have an effect on significantly to deposit and saving interest rate while Inflation variable has no significant effect.


Sosial Budaya ◽  
2017 ◽  
Vol 14 (2) ◽  
pp. 200
Author(s):  
Ainun Mardiah ◽  
Herlinda Herlinda

This study aims to determine the influence of consumer behavior consisting of cultural, social, individual, and psychological factors which have simultaneous and partial influence on the decision to visit the Shariah tourism destination in West Sumatra. The number of sample is 100 respondents. The research variables consist of independent variables are culture (X1), social (X2), individual (X3), psychological (X4) as well as the dependent variable (Y) is the decision to visit the destination of sharia tourism. Data analysis used multiple linear regression analysis. The result of research indicate that culture has significant influence to the decision to visit shariah tourism destination, social has significant effect to the decision to visit the shariah tourism destination, the individual has a significant effect on the decision to visit the sharia tourism destination, the psychology has significant effect to the decision to visit the sharia tourist destination. Based on F test, it is found that cultural, social, individual and psychological variables influence together to the decision to visit the Shariah tourism destination in West Sumatera.


2021 ◽  
pp. 039156032110637
Author(s):  
Valerio Di Paola ◽  
Angelo Totaro ◽  
Giacomo Avesani ◽  
Benedetta Gui ◽  
Andrea Boni ◽  
...  

Purpose: Our aim was to explore the relation between FA and ADC, number and length of the periprostatic neurovascular fibers (PNF) by means of 1.5 T Diffusion Tensor Imaging (DTI) imaging through a multivariate linear regression analysis model. Methods: For this retrospective study, 56 patients (mean age 63.5 years), who underwent 1.5-T prostate MRI, including DTI, were enrolled between October 2014 and December 2018. Multivariate regression analysis was performed to evaluate the statistically significant correlation between FA values (dependent variable) and ADC, the number and the length of PNF (independent variables), if p-value <0.05. A value of 0.5 indicated poor agreement; 0.5–0.75, moderate agreement; 0.75–0.9, good agreement; 0.61–0.80, good agreement; and 0.9–1.00, excellent agreement. Results: The overall fit of the multivariate regression model was excellent, with R2 value of 0.9445 ( R2 adjusted 0.9412; p < 0.0001). Multivariate linear regression analysis showed a statistically significant correlation ( p < 0.05) for all the three independent variables. The r partial value was −0.9612 for ADC values ( p < 0.0001), suggesting a strong negative correlation, 0.4317 for the number of fiber tracts ( p < 0.001), suggesting a moderate positive correlation, and −0.306 for the length of the fiber tracts ( p < 0.05), suggesting a weak negative correlation. Conclusions: Our multivariate linear regression model has demonstrated a statistically significant correlation between FA values of PNF with other DTI parameters, in particular with ADC.


2021 ◽  
Vol 5 (2) ◽  
pp. 79-86
Author(s):  
Trisna Sary Lewaru

ABSTRACT This study aims to analyze the factors that influence entrepreneurial intentions among college student. The five independent variables was used include need for achievement, locus of control, self-efficacy, instrumental readiness, entrepreneurship experience. Sample in this research is students on Pattimura University totaling 160 people. Multiple linear regression analysis was used to measure this study. The results of this study indicate that need for achievement, locus of control, entrepreneurship experience have no effect on the intentions of entrepreneurial among students. Whereas instrumental readiness and self-efficacy variable has positive and significant effect on entrepreneurial intention between students of Pattimura University. Keywords : Entrepreneurship, Intentions


2020 ◽  
Author(s):  
Lola Satri ◽  
Alfian

This research has a purpose to know whether relationship marketing and service quality have positive influence to loyalty of customer of saving sikoci at Bank of Nagari branch of Simpang Empat either partially or simultaneously and know which variable is more dominant. The data collection techniques used in this study is a questionnaire. The sample used is 100 customer, with sampling technique using accidental sampling technique. Data analysis technique in this research use multiple linear regression analysis. The results obtained in this study are as follows: (1) Trust has positive effect (944) &lt;(1,984) and not significant (0,348)&gt; (0,05) to loyalty. (2)) Commitment has positive (8,218)&gt; (1,984) and significant (0,000) &lt;(0,05) effect on loyalty. (3) Tangibles has negative (-2,430)&gt; (1,984) and significant (0,017) &lt;(0,05) effect on loyalty. (4) Reliability negatively (-1.570) &lt;(1,984) and insignificant 0, 120&gt; 0.05 to loyalty. (5) Responsiveness has positive effect (5,922)&gt; t table (1,984) and significant (0,000) &lt;(0,05) to loyalty. (6) Warranty has positive effect (1,199) &lt;(1,984) and insignificant 0, 234&gt; 0,05 to loyalty. (7) Empathy has positive effect (186) &lt;(1,984) and insignificant 0, 853&gt; 0,05 to loyalty. From the value of Adjusted R Squere simultaneously produced 566. It means that 56.6% of loyalty variables are influenced by independent variables and the remaining 43.4% is influenced by othervariables.


2018 ◽  
Author(s):  
Hasdi Aimon ◽  
Melti Roza Adry ◽  
Elida

This study aims to look at the existence of soybean farmers and markets in Solok Regency. This study was conducted in Solok Regency to 200 households. This study was analyzed using descriptive analysis that aims to see the level of consumer preferences to processed soy products in Solok Regency. Furthermore, inductive analysis was analyzed using multiple linear regression analysis with OLS method that aims to look at the determinants of the demand for processed soy products in Solok Regency. The study shows that (1) the processed soy products most in demand by the society in Solok Regency are tofu and tempeh. (2) The number of household members, education of wife and job sector of husband affect significantly on the demand for tempeh in Solok Regency, while income, marital status, education of husband and job sector of wife do not affect significantly on the demand for tempeh in Solok Regency. (3). The number of household members and job sector of husband affect significantly on the demand for tofu in Solok Regency, while income, marital status, education of husband, education of wife and job sector of wife do not affect significantly on the demand for tofu in Solok Regency.


Author(s):  
Didit Purnomo

This research analyzes (a) patterns of labor migration from Wonogiri Regency, (b) the impact of migration on the welfare level by taking into account the income level of migrant Wonogiri Regency, and (c) the role of migrants seen from homelands conditions. The results of binary logistic analysis showed that the variables age, education, and marital status, have a significant effect on intention nomads to settle in the overseas area. Based on survey findings in the field, 88.8 percent of Wonogiri nomads do not want to settle in the overseas regions. The economic analysis through linear regression analysis to explain the role of the nomads and the impact on the regional origin that shows only one independent variable that is used has a significant influence on the local nomads income overseas, namely: level of education, while the other independent variables are family dependents, ownership of property in the area of origin, length of stay in overseas, and marital status had no significant effect.


2019 ◽  
Vol 9 (1) ◽  
pp. 81-90
Author(s):  
Abu Nawas

This study aims to examine the influence of family background factors in terms of family wealth and parent education levels on students reading performance in Indonesia. The study utilises secondary data from the OECDs Programme for International Student Assessment (PISA) 2015 for Indonesia, in which 6513 students participated. This also specifically highlights the analysis of family wealth and parent education levels in possibly predicting the students reading literacy in Indonesia. In analysing the data, a quantitative approach was used which utilised statistically different analysis such as t-test, one-way ANOVA, two-way ANOVA, correlation and multiple linear regression analysis using WesVar version 5.1 software.The result found there were significant different reading scores between students from different family wealth and parent education levels. The students from high family wealth performed better than they with middle and low wealthy. Likewise, the children with highly educated mother and father had high scores than students whose parents had low and did not complete primary school. Moreover, the result of correlation and regression analysis revealed that all predictor variables, WEALTH, MISCED and FISCED, significantly associate and predict better reading literacy performance of 15-year-old students in Indonesia for PISA 2015 survey. Therefore, the implications of the study highlight opportunities to reform educational policies through data and evidence.


PLoS ONE ◽  
2020 ◽  
Vol 15 (12) ◽  
pp. e0243589
Author(s):  
Hiroshi Akima ◽  
Akito Yoshiko ◽  
Régis Radaelli ◽  
Madoka Ogawa ◽  
Kaori Shimizu ◽  
...  

Muscle quality is well-known to decrease with aging and is a risk factor for metabolic abnormalities. However, there is a lack of information on race-associated differences in muscle quality and other neuromuscular features related to functional performance. This study aimed to compare muscle quality, function, and morphological characteristics in Japanese and Brazilian older individuals. Eighty-four participants aged 65–87 years were enrolled in the study (42 Japanese: 23 men, 19 women, mean age 70.4 years; 42 Brazilians: 23 men, 19 women, mean age 70.8 years). Echo intensity (EI) and muscle thickness (MT) of the quadriceps femoris were measured using B-mode ultrasonography. A stepwise multiple linear regression analysis with EI as a dependent variable revealed that MT was a significant variable for Japanese participants (R2 = 0.424, P = 0.001), while MT and subcutaneous adipose tissue (SCAT) thickness were significant variables for Brazilian participants (R2 = 0.490, P = 0.001). A second stepwise multiple linear regression analysis was performed after excluding MT and SCAT thickness from the independent variables. Sex and age for Japanese participants (R2 = 0.381, P = 0.001) and lean body mass and body mass index for Brazilian participants (R2 = 0.385, P = 0.001) were identified as significant independent variables. The present results suggest that MT is closely correlated with muscle quality in Japanese and Brazilian older individuals. Increases in muscle size may induce decreases in intramuscular adipose tissue and/or connective tissues, which are beneficial for reducing the risks of metabolic impairments in Japanese and Brazilian older individuals.


2019 ◽  
Vol 2 (1) ◽  
pp. 1-12
Author(s):  
Ali Setia Iskandar ◽  
Yuwana Yuwana ◽  
Bambang Sumantri

This study studies to analyze the factors that influence general suppliers to choose FFB (Fresh Fruit Bunches) on quality and quality B and calculate the business expenses to be received. This research was conducted in the period August - September 2018 at PT. Sandabi Indah Lestari (SIL). The analytical tool used in this study is multiple linear regression analysis and risk analysis. Based on the results of the analysis, the factors that influence general suppliers choose to sell FFB at quality A and quality B at PT. SIL is the average factor of the weight of FFB supplied, the weight of FFB sorted, the distance to the plant and transportation costs, while the factors that do not significantly affect the long period of receiving FFB at the plant then for the risks received are known that the risk of selling FFB quality A is greater because of loss while FFB that sells quality B is smaller because it avoids losses.Keyword: Suppliers, FFB (Fresh Fruit Bunches), quality A and B, risk


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