Firms Valuation and Capital Market Investment Decision Making

This study illustrates the effectiveness of geographical diversification using capital market data. The paper uses historical capital market prices to show how the neglect of geographical diversification results in a deterioration in investment decision-making. In addition, the correlations between the capital markets of the former socialist countries are presented, which in many cases can be explained by real economic processes and geopolitical events. Quantitative, real-time financial and statistical data provided by capital markets can also be used to justify the dependence systems between countries and groups of countries, but the method can also be used in many cases to show the economic and geopolitical changes between countries. The study shows how concentrated the world’s stock markets are, which means that smaller capital markets cannot separate themselves from economic events, money and capital market news, or events of the largest ones.

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FAKTOR–FAKTOR YANG MEMPENGARUHI PENGAMBILAN KEPUTUSAN INVESTASI DI PASAR MODAL INDONESIA

National Conference of Creative Industry ◽

10.30813/ncci.v0i0.1272 ◽

2018 ◽

Author(s):

Lilis Susilawaty ◽

Edi Purwanto ◽

Stela Febrina

Keyword(s):

Decision Making ◽

Corporate Governance ◽

Risk Aversion ◽

Capital Market ◽

Investment Decision ◽

Descriptive Analysis ◽

Primary Data ◽

Firm Level ◽

Quantitative Descriptive Analysis ◽

Investment Decision Making

<h5><em>The purpose of this research</em><em> to determine what factors affect the return on investment in the Indonesian capital market. By replicating the research conducted by Quershi et al (2012) found 4 (four) factors that influence investment decision making, namely heuristics, risk aversion, financial tools and firm levels of corporate governance. Data analysis technique is quantitative descriptive analysis using primary data with information that is in accordance with respondents who are investors who have invested in the Indonesian capital market. Hypothesis testing is done using multiple analysis by first testing the validity, reliability test, and classical assumption test.</em></h5><h5><em>With a total of 185 respondents, the results of the </em><em>research</em><em> show that heuristics, risk aversion, financial tools and corporate levels of corporate governance together have a significant influence on investment decision making. However, partially, heuristics and risk aversion have no effect on investment decision making, while financial tools and corporate governance levels are significant to investment decision making.</em><em></em></h5><h5><em> </em></h5><p><strong><em>Keywords</em></strong><strong><em>: </em></strong><em>investment decision making, heuristic, risk aversion, financial tools, firm level corporate governance</em></p>

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PSYCHOLOGICAL FACTORS AND INVESTMENT DECISIONS IN THE NIGERIA CAPITAL MARKET

Oradea Journal of Business and Economics ◽

10.47535/1991ojbe119 ◽

2021 ◽

Vol 6 (1) ◽

pp. 33-41

Author(s):

Esther Ikavbo Evbayiro-Osagie ◽

Michael Ify Chijuka

Keyword(s):

Decision Making ◽

Stock Market ◽

Capital Market ◽

Psychological Factors ◽

Investment Decision ◽

Investment Decisions ◽

Factors Affecting ◽

Availability Bias ◽

Investment Decision Making ◽

Behavioral Influences

This study examines Behavioral Factors and Investment Decision Making in the Nigerian Stock Exchange (NSE). Thus, the research question is what are the psychological factors affecting investment decisions in the Nigerian capital market. A structured questionnaire was used in collecting data and it was able to collect data from 75 investors with the application of a convenient sampling method. Using overconfidence bias, availability bias, conservatism, and herding effect to define the most important behavioral element affecting investment decision making by investors in the Nigerian. Multiple regression analysis was used as the key methodological method for evaluating the research hypothesis, whereas the internal consistency of the questionnaire calculated from Cronbach's alpha on all variables showed values greater than 0.7 with a sufficient level of reliability. The primary beneficiary group would be the buyers on the stock market who would be educated enough about the effect of their own behavioral influences on their stock market decision making. The knowledge would be useful in making optimal investment decisions and avoiding unfavorable decisions to increase their resources. In turn, it will be helpful to policymakers and stock market regulators to help them understand the position of behavioral influences inherited in consumer decision-making and that may be associated with the need for stock market brokers to update their customer's trading practices to a higher level. The findings of this study suggest that overconfidence, availability bias, and herding impact demonstrated a positive significant relationship with NSE investment decision-making except conservatism which showed a negative relationship with investment decision-making but at 0.01 levels statistically significant. On the basis of the results, it can be generalized that the most prevalent factors affecting investor investment decision taking in NSE are overconfidence, availability bias, and herding influence.

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Investors’ Structure and Investment Decision Making Factors: Evidence from Capital Market in Bangladesh

Accounting and Finance Research ◽

10.5430/afr.v9n1p67 ◽

2020 ◽

Vol 9 (1) ◽

pp. 67

Author(s):

Md. Hafizur Rahman Khan ◽

Mohammad Saiful Islam

Keyword(s):

Decision Making ◽

Factor Analysis ◽

Interest Rate ◽

Capital Market ◽

Investment Decision ◽

Descriptive Statistics ◽

Policy Makers ◽

Investment Decision Making ◽

Decision Making Factors ◽

Structured Questionnaire

The purpose of the paper is to identify the investors’ structure and vital investment decision making factors in the context of capital market in Bangladesh. Total 104 investors have been surveyed in the study with close ended and structured questionnaire. Descriptive statistics and factor analysis have been conducted to analyze the collected data. The results of the study reveal that policy adoption of government together with fundamental analysis and deposit interest rate as alternative of return from share market for investors are vital investment decision making factors of investors of capital market in Bangladesh. The paper is significant for the investors for proper investment decision making and policy makers to work with development of capital market in Bangladesh.

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PKM Pelatihan Analisis Fundamental dan Teknikal Sebagai Alat Analisis Pengambilan Keputusan Investasi di Pasar Modal Pada Guru MGMP Akuntansi dan Ekonomi SMA/SMK Kota Bukittinggi

Paediatrica Indonesiana ◽

10.24036/wra.v7i2.106949 ◽

2019 ◽

Vol 7 (2) ◽

pp. 1567

Author(s):

Erly Mulyani ◽

Firman Fifrman ◽

Gesit Thabrani ◽

Muthia Roza Linda

Keyword(s):

Decision Making ◽

Community Service ◽

Capital Market ◽

Investment Decision ◽

Technical Analysis ◽

Analysis Tool ◽

Investment Decision Making ◽

The Capital Market

This community service aims to increase partners' understanding and knowledge of fundamental and technical analysis as an analysis tool for investment decision making in the capital market. This community service provide training, discussion, practice and monitoring to the partners. There was 28 participants followed the activity. After the training, the participants were able to conduct fundamental and technical analysis well, and made transaction in the BEI Jakarta. This can be seen from the activities of the participants who directly carry out buying and selling transactions using fundamental and technical analysis using the POST application of securities where. Keywords: Fundamental, technical, analysis, trading

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