Analysis Overconfidence, Herding, and Anchoring in Investment Decisions Among ESOP at PT Bank Central Asia
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 06
Abstract
This This study aims to determine the influence of behavioral finance or psychological bias on investment decisions made by Employee Stock Ownership holders of PT Bank Central Asia. Tbk focuses on variables such as overconfidence, herding, and anchoring. This research is based on qualitative data and uses multiple linear regression for its analysis and research tools using SPSS. This research questionnaire was spread across 155 holders of Employee Stock Ownership of PT Bank Central Asia.Tbk. The results showed that overconfidence and anchoring have a significant effect on influencing investment decisions. Overconfidence has the most significant influence on decision-making while herding has a more moderate influence. This research is expected to help understand what factors can influence investment decisions and can help to make better decisions and avoid potential biases that can lead to suboptimal results.
Authors and Affiliations
Niken Purbasari , Mahatma Kupefaksi , Ernie Hendrawaty
Keywords
Related Articles
- EP ID EP736708
- DOI 10.47191/jefms/v7-i6-16
- Views 13
- Downloads 0
The Influence of Strategic Planning and Economic Resource Base View on Sustainable Development Mediated by Government Policy at the Ministry of Maritime Affairs and Fisheries
The purpose of this study is to examine the direct effect of Strategic Planning and Economic Resource Base View on Sustainable Development and the direct effect of Government Policy on Sustainable Development and the ind...
The Effect of Working Capital on Liquidity at PT. Indofood CBP Sukses Makmur Tbk on the Indonesia Stock Exchange
The purpose of this study was to determine the effect of working capital on liquidity at PT. Indofood CBP Sukses Makmur Tbk on the Indonesia Stock Exchange. The variables used in this study consist of independent variabl...
Influence of Service Quality and Information Systems on Customer Satisfaction Indihome PT. Telkom Sorong with Trust And Perceived Risk as Moderating Variables
This study investigates the influence of service quality and information systems quality on customer satisfaction at Indihome PT. Telkom Sorong, with perceived trust and perceived risk as moderating variables. A quantita...
Analysis of the Influence of Motivation, Work Discipline and Recruitment on Performance of Tni-Au Members at Disbangopsau Mabesau Cilangkap Jakarta
The purpose of this study was to analyze the influence of motivation, work discipline and recruitment on the performance of TNI-AU members at the Cilangkap Jakarta Air Force Operations Development Office, either simultan...
Entrepreneurial Ecosystem and Sales Growth of Selected Manufacturing Small and Medium Enterprises in South-West, Nigeria
Small and medium scale enterprises (SMEs) play a key role in the development of every nation and thus, instrumental in economic growth and development. They help in promoting prosperity by creating new jobs and increasin...