PERSONALITY TYPE OF INVESTORS AND PERCEPTION OF FINANCIAL INFORMATION TO MAKE DECISIONS

Journal Title: Asian Economic and Financial Review - Year 2013, Vol 3, Issue 3

Abstract

In this paper, it is going to understand behavior of investors of the capital market in Iran and their perceptions about financial information, which cause them to make decision to buy or sell stocks. The research was done according to 16 types of Myers-Briggs Type indicators and 4 Keirsey temperaments on direct junior investors at Tehran stock exchange forums. Financial information of four active companies includes two bad and two good companies was presented to them for making decision about selling or buying stocks after knowing each one personality. Briefly, it was clarified that investors clustered in the “Guardian” temperament, that significant differences were seen in their perception of financial information according to their characters and types. The Dividend per Share, Earning per Share and Return on Investment played main role in configuring investors’ decision. Guardian investors have a mental pattern about importance of financial information. Guardian’s characters have different attitude to financial information, which was significant in the inventory turnover and company’s budget.

Authors and Affiliations

Mahsa Parsaeemehr| Faculty of science and engineering, Queensland University of technology, Australia, Farzin Rezeai| Faculty member of Management and Accounting, Islamic Azad University, Iran, Darshana Sedera| Faculty of science and engineering, information systems school, Queensland University of technology, Australia

Keywords

Related Articles

IMPROVEMENT OF FIRM PERFORMANCE BY ACHIEVING COMPETITIVE ADVANTAGES THROUGH VERTICAL INTEGRATION IN THE APPAREL INDUSTRY OF BANGLADESH

In the manufacturing step of the global apparel value chain (GAVC) the firms face fierce competition due to availability of low cost labor and hence the opportunity to make higher profit is a tough job. According to Gere...

IS GLOBALISATION A POTENT DRIVER OF ECONOMIC GROWTH? INVESTIGATING THE NIGERIAN NON-OIL EXPORTS

Many countries have gained from integrating into the global economy while some have not been as much fortunate. Some have come to see globalisation as a weapon for improved economic growth. With the progressive increase...

The Forecasting Performance of Seasonal and Nonlinear Models

In this paper, we compare the forecasting performance of seasonal and nonlinear autoregressive models in terms of point, interval, and densityforecasts for the growth rates of the Tunisian industrial production, for thep...

INEQUALITY AND ECONOMIC GROWTH

The objective of this paper is to study the effect of in equality on economic growth of a set of eight developing countries during the period 2000-2009, using a dynamic panel data model and a simultaneous equations model...

Determinants of Foreign Direct Investment in Developing Countries: A Panel Data Analysis

The aim of this paper is to explore, by estimating a panel data econometric model, thedetermining factors of foreign direct investment (FDI) inflows in developing countriesover the period of 1990-2007. The study is based...

Download PDF file
  • EP ID EP1891
  • DOI -
  • Views 480
  • Downloads 34

How To Cite

Mahsa Parsaeemehr, Farzin Rezeai, Darshana Sedera (2013). PERSONALITY TYPE OF INVESTORS AND PERCEPTION OF FINANCIAL INFORMATION TO MAKE DECISIONS. Asian Economic and Financial Review, 3(3), 283-293. https://europub.co.uk/articles/-A-1891