scholarly journals Factors Influencing Investment Decisions in Gold

2020 ◽  
Vol 5 (2) ◽  
pp. 52-62
Author(s):  
Bishesh Thapa ◽  
Ajay Kumar Shah
Keyword(s):  
Social Status ◽  
Investment Decision ◽  
Investment Decisions ◽  
Mean Value ◽  
Influential Factors ◽  
Primary Data ◽  
Descriptive Research ◽  
Factors Influencing ◽  
Influential Variable ◽  
Relationship Of

The paper aims to evaluate the various factors influencing investment decisions in gold. Six influential factors such as price of gold, secured investment, liquidity need, social status, advertisement and influences and demand of gold were used and their relation with investment decision in gold was tested. The study is based on descriptive research design and uses the primary data obtained by a structured questionnaire for quantitative analysis. Convenient sampling method was used and sample size of 160 respondents was taken from Kathmandu valley. The study uses descriptive statistics, t-test, and correlation to show the important influential variable and relation with investment decision. Among all the influential variables, liquidity need and social status shows the highest mean value which indicates strong agreement towards reason for investing in gold whereas advertisement and influences has lowest agreement. However, when it comes to relationship of different factors with investment decision on gold then, secured investment has the highest correlation value with the investment decision in gold. Moreover, the results showed that there is positive significant relationship between all the contextual variables and investment decision.

Effect of Disposition Effect on Investment Decision Making in Property Market in Plateau State, Nigeria

2019 ◽  
pp. 83-98
Author(s):  
Dashol Ishaya Usman ◽  
Mary Pam
Keyword(s):  
Decision Making ◽  
Behavioral Finance ◽  
Investment Decision ◽  
Investment Decisions ◽  
Primary Data ◽  
Property Market ◽  
Financial Decisions ◽  
Descriptive Research ◽  
Investment Decision Making ◽  
Plateau State

The purpose of the chapter was to establish the effect of disposition on investment decision making in property market in Plateau State, Nigeria. Descriptive research design was used in the study. Primary data was collected using standard questionnaires with both closed and open-ended questions. The regression analysis results confirmed that there was a significant positive linear relationship between disposition and investor investment decision making in property market in Plateau State in Nigeria. The study concluded that disposition effects bias does not alter rationality in investment decision making. Disposition affected investment decisions. The main recommendation for investors is to make constant attempts to increase their awareness on behavioral finance by educating themselves on the field. Studying about the biases and reflecting on their decisions are likely to help achieve better self-understanding of the extent and manner to which they are influenced by emotions while making financial decisions under uncertainty.

Irrational Behavior of Households on Investment Decision – Emotional and Social Status Behavior

2019 ◽  
Vol 118 (3) ◽  
pp. 65-78
Author(s):  
Vijayalakshmi P ◽  
Sathishkumar R
Keyword(s):  
Social Status ◽  
Sampling Method ◽  
Investment Decision ◽  
Investment Decisions ◽  
Primary Data ◽  
Irrational Behavior ◽  
Theoretical Assumptions ◽  
Decision Making Processes ◽  
Individual Household ◽  
Irrational Behaviour

Every human has a unique mindset in performing regular activities. Often changing environmental situations and traditional follow-ups influence the humans by their emotional and social cultural factors. The authors of the research paper made an attempt to study irrational behaviour of household investors on investment decisions. The authors adopted purposive sampling method in the study of irrational behaviour of households with respect to emotional and social status bias. The primary data is collected with the help of a well structured close-ended questionnaire which consists of necessary parameters to measure the emotional and social status biases. The collected data were analysed with the help of the statistical tools packages like Statistical Package for Social Science (SPSS) and Analysis of Movement Structure software for validating the theoretical assumptions and derived at the valid results from the data. The study hence done found that emotional and social status biases influence the decision making processes and the path analysis confirmed that the emotional and social behavioural biases had significant impact on the investment decision of individual household investors.

scholarly journals Faktor-Faktor Yang Dipertimbangkan Investor Dalam Melakukan Investasi

2011 ◽  
Vol 4 (3) ◽  
Author(s):  
Linda Ariany Mahastanti
Keyword(s):  
Educational Level ◽  
Investment Decision ◽  
Investment Decisions ◽  
Demographic Variables ◽  
Investor Behavior ◽  
Primary Data ◽  
High Educational Level ◽  
Behavioral Variables ◽  
Retail Investor ◽  
Economic Perspectives

Investor has many options in an investment with the current number of investment instruments. Previous studies of retail investor behavior have examined motivation from economic perspectives or studied relationships between economic, behavioral and demographic variables. Examination of the various utility-maximization and behavioral variables underlying individual investor behavior provides a more comprehensive understanding of the investment decision process. This research will examine the seven factors that considered investors' decisions to invest, and investor behavior in taking the decision to invest. The data used are primary data that obtained by sending questionnaires through via email at Danareksa investors domiciled in Salatiga and Semarang. The analysis method used is tabulation frequencies and cross tabulation (Crosstab). Based on the results of the research, it is known that the factors that considered investor' decisions is Neutral Information and Accounting Information factor. For the result of demographic aspects effect research against investment decision is investor who are aged 25-29 and 50-54 years which is considered all of the factors. While for sex, female consider many factors than male. For educational level with high educational level makes the investor pay attention to the factors that associated with investment decisions, and investors who invest for 1-3 years old considering many factors before making investment decisions.

Small Active Investors' Perceptions and Preferences Towards Tax Saving Mutual Fund Schemes in Eastern India

2020 ◽  
pp. 1789-1800
Author(s):  
Jitendra Kumar ◽  
Anindita Adhikary ◽  
Ajeya Jha
Keyword(s):  
Data Collection ◽  
Mutual Fund ◽  
West Bengal ◽  
Investment Decisions ◽  
Primary Data ◽  
Survey Method ◽  
Eastern India ◽  
Factors Influencing ◽  
Two Factors ◽  
State Capital

Perception and preference factor plays an important role and help the investor to understand and make the meaningful investment decisions. These two factors are highly influenced by demographic differences of an investor. The present study aims to examine the perception and preference factors influencing the investment behavior of an investor based on various demographics differences. Survey method of primary data collection techniques was adopted to collect responses of 750 respondents from Eastern India particularly (state capital or satellite towns having the population of 10,00,000) Bihar, Jharkhand, Odisha, West Bengal, Sikkim and Assam. Results of the present study suggest that significant demographics differences occur in investment perceptions and preferences towards tax saving mutual fund investments among the investors.

scholarly journals Effect of Emotional Biases on Investor’s Decision Making in Nigeria

2020 ◽  
Vol 4 (1) ◽  
pp. 33-39
Author(s):  
Ebenezer Y. Akinkoye ◽  
Oluwaseun E. Bankole
Keyword(s):  
Decision Making ◽  
Loss Aversion ◽  
Stock Exchange ◽  
Investment Decision ◽  
Investment Decisions ◽  
Primary Data ◽  
Investment Decision Making ◽  
Regret Aversion ◽  
Overconfidence Bias ◽  
Structured Questionnaire

The study examined emotional biases and its effect on investor’s decision making in Nigeria Primary data were employed and the population consists of clients of the top 10 stockbroking firms registered by the Nigerian Stock Exchange as at 31st January, 2018. These firms were selected because they contributed to 68.72% of total value of transactions as at 31st January, 2018. Data on emotional biases and investment decision making among investors in Nigeria were obtained through structured questionnaire which was administered to 30 clients of each stockbroking firm, totalling 300. Data analysis was done using percentages and logistic regression analysis. Findings showed that emotional biases, represented by loss-aversion bias, overconfidence bias, regret-aversion bias and herding bias were prevalent to Nigerian investors and also significantly influenced investor’s decision making in Nigeria. The study suggests that investors should improve the understanding of various emotional biases and traits exhibited by them, adopt a suitable decision technique to avoid this and seek experts’ opinion when making investment decisions.

scholarly journals A Study on Factors Influencing Investment Decisions of Retail Investors in VUCA World

2021 ◽  
Vol 20 (1) ◽  
pp. 69-87
Author(s):  
Gowtham Ramkumar ◽  
S Chitra
Keyword(s):  
Factor Analysis ◽  
Exploratory Factor Analysis ◽  
Investment Decision ◽  
Investment Decisions ◽  
Individual Investors ◽  
Factors Affecting ◽  
Statistical Measures ◽  
Factors Influencing ◽  
Retail Investors

In this paper, we seek to identify the factors influencing the investment decision of individual investors. Further, in the existing pandemic situation, which will cover the scope of the VUCA environment, it is important to understand the factors influencing investor’s investment decision. For this purpose, we used exploratory factor analysis to group the factors affecting an investor’s investment decision. Based on the findings, we identified four factors influencing investment preferences and the reliability of these factors are supported by strong statistical measures

scholarly journals Faktor-Faktor yang Mempengaruhi Investment Decision pada Investasi Properti di Kota Batam

SKETSA BISNIS ◽  
2021 ◽  
Vol 8 (1) ◽  
pp. 19-33
Author(s):  
Dewi Khornida Marheni ◽  
Anmelrina
Keyword(s):  
Sampling Method ◽  
Investment Decision ◽  
Negative Influence ◽  
Positive Influence ◽  
Primary Data ◽  
Multiple Linear Regressions ◽  
Purposive Sampling ◽  
Factors Influencing ◽  
Regret Aversion ◽  
Linear Regressions

Abstract This paper aims to examine factors influencing investment decision in properties in Batam. The intended factors are anchoring, overconfidence, herding, and regret aversion. Purposive sampling method were used in this paper to take samples. 330 questionnaires were distributed to property investors in Batam, but only 246 questionnaires or around 74.54% datas were used to be primary data in generating the analysis which will be calculated using multiple linear regressions by SPSS version 24 software. Among the various factors, the results revealed that anchoring, overconfidence, and regret aversion have significantly positive influence towards property investment decision in Batam. Regret aversion has significantly negative influence towards property investment decision in Batam. This paper can be useful for investors, especially those investing in property sector in Batam..   Keywords: investment decision, anchoring, overconfidence, herding, regret aversion, property.   Abstrak Penelitian ini bertujuan unuk mengetahui faktor anchoring, overconfidence, herding, dan regret aversion dapat memberikan kepengaruhan terhadap investment decision properti di Batam. Metode purposive sampling dipilih oleh peneliti untuk mengambil sampel yaitu dengan teknik yang sudah ditentukan terlebih dahulu berdasarkan maksud dan tujuan penelitian Dari 330 kuesioner yang didistribusikan secara langsung kepada investor properti di Batam, peneliti mendapatkan 246 kuesioner atau sebesar 74.54% data yang layak diolah dan dijadikan sebagai data utama untuk dihitung serta dianalisa menggunakan regresi linier berganda melalui software SPSS versi 24.. Hasil yang disimpulkan dari analisa penelitian adalah anchoring, overconfidence dan herding memiliki signifikansi positif terhadap investment decision properti di Batam. Regret aversion memiliki signifikansi negatif terhadap investment decision properti di Batam. Penelitian ini dapat membantu investor dalam mengambil keputusan investasi properti khususnya di Batam Kata Kunci: Keputusan investasi, anchoring, overconfidence, herding, regret aversion, property.

scholarly journals PENGARUH PENGGUNAAN INFORMASI AKUNTANSI TERHADAP PERILAKU KEUANGAN INVESTOR INDIVIDUAL UNTUK PENGAMBILAN KEPUTUSAN INVESTASI

2016 ◽  
Vol 2 (2) ◽  
pp. 1
Author(s):  
Loveanis Widya Puspa ◽  
Mukaram Mukaram
Keyword(s):  
Decision Making ◽  
Investment Decision ◽  
Accounting Information ◽  
Investment Decisions ◽  
Position Statement ◽  
Financial Behavior ◽  
Primary Data ◽  
P Value ◽  
Individual Investors ◽  
Complex Situation

Financial behavior intended to understand the behavior of investors in making investment decisions. Decision making is a process of selecting the best alternative from a number of alternatives available under the influence of a complex situation. Investment decision will be influenced by the information received, as well as the level of ability and knowledge of investors about the investment. There is an assortment of information needed in investment to note, one of which is the accounting information. The underlying concept is that the accounting information for the stock value of a company is influenced by the financial performance of the company concerned. Accounting information used by capital market investors are Statements of Financial Position, Statement of Comprehensive Income, Statement of Changes in Equity and Cash Flow Statement. This study aims to determine the effect of the use of accounting information to the financial behavior of individual investors in making investment decisions. The survey was conducted on 110 investor PT Phillips Securities Indonesia Bandung branch. Primary data was collected through questionnaire distribution and it is analyzed descriptively. This study resulted in the average number for the use of accounting information of 3.85 which means that the accounting information has been used well by investors. The average values for financial behavior is of 3.52, it can be interpreted that the financial behavior of investors in making investment decisions is good. For R Square obtained by 0.6%, proving that the accounting information contributed for 0.6% of the financial behavior of investors. As for the P value of 0.406, The figure is greater than 0.05, which is shows us that obtained figures which show that the use of accounting information has no influence on the financial behavior of individual investors for making investment decisions. So, although the results of this study indicate that the effect of accounting information on the behavior of financial investors when deciding on an investment is not significant, but investors stated that the accounting information presented by the company remain a consideration in the investment decision-making process.

scholarly journals The Effect of Financial Literacy on Personal Investment Decisions amongst Medical Practitioners in Sri Lanka

2021 ◽  
Vol 6 (4) ◽  
pp. 123-126
Author(s):  
S. H. M. L. Walakumbura
Keyword(s):  
Sri Lanka ◽  
Financial Literacy ◽  
Investment Decision ◽  
Investment Decisions ◽  
Financial Knowledge ◽  
Primary Data ◽  
Policy Makers ◽  
Medical Practitioners ◽  
Personal Investment ◽  
The Impact

Financial literacy is very essential for any individual in order to efficient and effective decisions regarding their personal investments. Based on that scenario, this study examines the impact of financial literacy on personal investment decisions amongst medical practitioners in Sri Lanka. Personal investment decision has been considered as the dependent variable while financial knowledge, financial skills and financial attitude has been considered as the proxies for the independent variable. Deductive approach has been employed using primary data which is obtained from 205 respondents throughout the country. Descriptive and inferential statistics such as multiple linear regression have been used for the analysis purpose. The results suggested that there is a significant impact between the financial knowledge and financial skills on investment decision while the financial attitude does not have a significant impact on the investment decision. The empirical findings of this study are helpful for any individual who is willing to take effective investment decisions, academics, policy makers and all other related interested parties.

scholarly journals Stock Investment Decision: The Effects of Personal Factors and Moderating Role of Years of Service

2022 ◽  
Vol 19 ◽  
pp. 107-115
Author(s):  
Tipri Rose Kartika ◽  
Nopriadi Saputra ◽  
David Tjahjana ◽  
Adler Haymans Manurung
Keyword(s):  
Structural Equation ◽  
Investment Decision ◽  
Investment Decisions ◽  
Influential Factors ◽  
Individual Investors ◽  
Personal Factors ◽  
Social Relevance ◽  
Stock Investment ◽  
The Impact ◽  
Moderating Role

This paper aims to elaborate stock investment decision and to examine the impact of five influential factors as independent variables and the influence of years of investment as mediating variable. This paper is based on empirical study which involved 286 individual investors in Indonesia Stock Exchange using data from Riri et.al (2020). Structural equation modelling approach was used for estimating relationship between influential factors (e.g., personal financial needs, overconfidence, advocate recommendation, social relevance, and self or firm image) on stock investment decisions. The result found that decision on stock investment is determined by social relevance, overconfidence, personal financial need, and advocate recommendation significantly and positively. Years of Investment has played moderating role on relationship between for advocate recommendation and personal with stock investment decisions. Years of Investment is moderating variable to become a novelty this paper.

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