Proceedings of the Ninth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2022)

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Beginner Investors Behavior in Investment Decision Making

Authors
Fiola Finomia Honesty1, *, Erly Mulyani1, Halkadri Fitra1
1Padang State University, Padang, Indonesia
*Corresponding author. Email: fiola.honesty07@gmail.com
Corresponding Author
Fiola Finomia Honesty
Available Online 26 June 2023.
DOI
10.2991/978-94-6463-158-6_4How to use a DOI?
Keywords
investor behavior; risk perception; problem framing; information asymmetry; investment decision; capital market
Abstract

Investment decision making is a complex process in investment and influenced by many factors. One of them are accounting information. Accounting information has a beneficial value to investors in investment decisions. However, rather than consider accounting information, investor psychology be the underlying factors for the investor in making investment decision. This study aims to determine and analyze the psychological factor determining investment decisions by beginner investors on the Indonesia Stock Exchange (BEI) in West Sumatera. The aims of this study is to analyze and examine: 1) the effect of risk perception, problem framing and information asymmetry on investment decisions. The results shows that only risk perception had the positive correlation with investment decision in capital market, while problem framing and information asymmetry had no relation to investment decisions.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the Ninth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 June 2023
ISBN
10.2991/978-94-6463-158-6_4
ISSN
2352-5428
DOI
10.2991/978-94-6463-158-6_4How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Fiola Finomia Honesty
AU  - Erly Mulyani
AU  - Halkadri Fitra
PY  - 2023
DA  - 2023/06/26
TI  - Beginner Investors Behavior in Investment Decision Making
BT  - Proceedings of the Ninth Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2022)
PB  - Atlantis Press
SP  - 32
EP  - 40
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-158-6_4
DO  - 10.2991/978-94-6463-158-6_4
ID  - Honesty2023
ER  -