Main Article Content
Abstract
The investment decision of investor not only based on the financial information provided by the company but also from the individual factors. This statement is a fundamental reason for the scholar to develop a study which observed the individual factors that can affect risk perception and risk attitude on investment decision. This study aims to investigate the effect of individual factors like overconfidence, experience, emotion, and pride on risk perception and risk attitude. The Partial Lease Square (PLS) analysis was applied in this study to test the data and hypotheses. Based on a survey to 43 students from several universities in Samarinda, the results indicate that all of the individual factors in this study have an influence on risk perception and risk attitude in decision-making to involve in capital market trading.
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References
- Chrsitianti, N. dan Mahastanti, L.A. (2011) Faktor-faktor yang Dipertimbangkan Investor Dalam Melakukan Inverstasi. Jurnal Manajemen Teori dan Terapan.
- Chou, S. R., Huang, G. L. dan Hsu, H. L. (2010) Investor Attitude and Behavior towards Inherent Risk and Potential Return in Financial Products. International Research Journal of Finance and Economics.
- Cooper, D. R., and Schindler, P. S. (2010). Business Research Methods. New York: McGraw-Hill.
- Ghozali, I. (2013). Aplikasi Analisis Multivariate dengan Program SPSS. Edisi Ketujuh. Semarang: BP Universitas Diponegoro.
- Green, D. J. (2004). Investment Behavior and the Economic Crisis in Indonesia. Journal of Asian Economics.
- Grohmann, A. (2018) Financial Literacy and Financial Behavior: Evidence from the Emerging Asian Middle Class. Pacific-Basin Finance Journal.
- Hair, J. F., Hult, G. T. M., Ringle, C. M., and Sarstedt, M. (2014). A Primer on Partial Least Square Structural Equation Modelling (PLS-SEM). Los Angeles: Sage.
- Nofsinger, J. R (2010) The Psychology of Investing, 4th Edition. New Jersey: Precentice-Hall Inc.
- Nosic, A. dan Weber, Martin. (2010). How Risky Do I Invest: The Role of Risk Attitude, Risk Perception, and Overconfidence. Decision Analysis Journal.
- Rengku, R. B. (2012). Faktor Internal dan Pengaruhnya Risk Perception dan Expected Return Perception. Journal of Business Banking.
- Ricciardi, V. dan Simon, H. K. (2000). What is Behavior in Finance?. Business, Education, and Technology Journal.
- Sholihin, M., dan Ratmono, D. (2013). Analisis SEMP-PLS dengan WarpPLS 3.0: Untuk Hubungan Nonlinear dalam Penelitian Sosial dan Bisnis. Yogyakarta: Andi Offset.
- Sugiyono. (2012). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.
References
Chrsitianti, N. dan Mahastanti, L.A. (2011) Faktor-faktor yang Dipertimbangkan Investor Dalam Melakukan Inverstasi. Jurnal Manajemen Teori dan Terapan.
Chou, S. R., Huang, G. L. dan Hsu, H. L. (2010) Investor Attitude and Behavior towards Inherent Risk and Potential Return in Financial Products. International Research Journal of Finance and Economics.
Cooper, D. R., and Schindler, P. S. (2010). Business Research Methods. New York: McGraw-Hill.
Ghozali, I. (2013). Aplikasi Analisis Multivariate dengan Program SPSS. Edisi Ketujuh. Semarang: BP Universitas Diponegoro.
Green, D. J. (2004). Investment Behavior and the Economic Crisis in Indonesia. Journal of Asian Economics.
Grohmann, A. (2018) Financial Literacy and Financial Behavior: Evidence from the Emerging Asian Middle Class. Pacific-Basin Finance Journal.
Hair, J. F., Hult, G. T. M., Ringle, C. M., and Sarstedt, M. (2014). A Primer on Partial Least Square Structural Equation Modelling (PLS-SEM). Los Angeles: Sage.
Nofsinger, J. R (2010) The Psychology of Investing, 4th Edition. New Jersey: Precentice-Hall Inc.
Nosic, A. dan Weber, Martin. (2010). How Risky Do I Invest: The Role of Risk Attitude, Risk Perception, and Overconfidence. Decision Analysis Journal.
Rengku, R. B. (2012). Faktor Internal dan Pengaruhnya Risk Perception dan Expected Return Perception. Journal of Business Banking.
Ricciardi, V. dan Simon, H. K. (2000). What is Behavior in Finance?. Business, Education, and Technology Journal.
Sholihin, M., dan Ratmono, D. (2013). Analisis SEMP-PLS dengan WarpPLS 3.0: Untuk Hubungan Nonlinear dalam Penelitian Sosial dan Bisnis. Yogyakarta: Andi Offset.
Sugiyono. (2012). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.