International Journal of Social Science & Economic Research
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Title:
THE INFLUENCE OF OVERCONFIDENCE, REGRET AVERSION, LOSS AVERSION, AND HERDING BEHAVIOR ON INVESTMENT DECISION IN THE CAPITAL MARKET WITH THE MODERATING ROLE OF RISK PERCEPTION IN GENERATION Z STUDENTS

Authors:
Faradita Sukma Ardini and Dr Fatchan Achyani

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Faradita Sukma Ardini1 and Dr Fatchan Achyani S.E ,M.Si2
1. Accounting Student, Faculty of Economics and Business, Muhammadiyah University of Surakarta, Central Java, Indonesia
2. Lecturer in Accounting, Faculty of Economics and Business, Muhammadiyah University of Surakarta, Central Java, Indonesia

MLA 8
Ardini, Faradita Sukma, and Dr Fatchan Achyani. "THE INFLUENCE OF OVERCONFIDENCE, REGRET AVERSION, LOSS AVERSION, AND HERDING BEHAVIOR ON INVESTMENT DECISION IN THE CAPITAL MARKET WITH THE MODERATING ROLE OF RISK PERCEPTION IN GENERATION Z STUDENTS." Int. j. of Social Science and Economic Research, vol. 8, no. 5, May 2023, pp. 936-950, doi.org/10.46609/IJSSER.2023.v08i05.001. Accessed May 2023.
APA 6
Ardini, F., & Achyani, D. (2023, May). THE INFLUENCE OF OVERCONFIDENCE, REGRET AVERSION, LOSS AVERSION, AND HERDING BEHAVIOR ON INVESTMENT DECISION IN THE CAPITAL MARKET WITH THE MODERATING ROLE OF RISK PERCEPTION IN GENERATION Z STUDENTS. Int. j. of Social Science and Economic Research, 8(5), 936-950. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i05.001
Chicago
Ardini, Faradita Sukma, and Dr Fatchan Achyani. "THE INFLUENCE OF OVERCONFIDENCE, REGRET AVERSION, LOSS AVERSION, AND HERDING BEHAVIOR ON INVESTMENT DECISION IN THE CAPITAL MARKET WITH THE MODERATING ROLE OF RISK PERCEPTION IN GENERATION Z STUDENTS." Int. j. of Social Science and Economic Research 8, no. 5 (May 2023), 936-950. Accessed May, 2023. https://doi.org/10.46609/IJSSER.2023.v08i05.001.

References

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ABSTRACT:
Behavioral finance arises as a result of inefficient markets. Behavioral finance leads more to the irrational behavior of investors towards their decisions. This study aims to determine and empirically prove the influence of Overconfidence, regret aversion, loss aversion, and herding behavior on investment decisions. An investor's risk perception as an analysis carries a logical rationale for how investors choose when they are faced with multiple investment choices. I used a questionnaire-based survey method to collect sample data of 120 respondents. research analysis method using Partial Least Square. According to the research conducted, the results of Overconfidence have a significant positive effect, while Regret Aversion, Loss Aversion, Herding behavior, risk perception of overconfidence, regret aversion, loss aversion and herding behavior on risk decisions have a non-significant effect.

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