PENGARUH FAKTOR PERILAKU TERHADAP KEPUTUSAN INVESTASI

Penulis

  • Aditya Wahyu Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Stikubank Jl. Kendeng V, Bendan Ngisor, Semarang 50241, Indonesia, Indonesia
  • Yeye Susilowati Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Stikubank Jl. Kendeng V, Bendan Ngisor, Semarang 50241, Indonesia

DOI:

https://doi.org/10.29040/jie.v5i2.2798

Abstrak

This study aims to see the effect of anger, anxiety, overconfidence, herding effect, and self-monitoring. Investment decisions consist of investment experience, predictability of stock trends, investment amount, investment period, investment options, risk and return preferences, investment losses, and investment gains. The object of variable x is anger, anxiety, Overconfidence, Herding Effect, Self-Monitoring and variable y is investment decision. The sample data studied were 60 students of Stikubank University Semarang, the 2017 night class accounting study program, which were sampled and selected randomly. The data collection technique used in this study was a questionnaire method which was distributed directly to all respondents. The results of this study indicate that the variables of anger, anxiety, herding effect, and self-monitoring can have an influence on investment decisions in the S1 accounting study program for the evening class students of Stikubank University Semarang. Meanwhile, the overconfidence variable has no effect on investment decisions for students at Stikubank University Semarang in the 2017 night class accounting study program Keywords: Anger traits, anxiety traits, herding effect, self – monitoring, overconfidence.

Biografi Penulis

Aditya Wahyu, Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Stikubank Jl. Kendeng V, Bendan Ngisor, Semarang 50241, Indonesia

Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Stikubank Jl. Kendeng V, Bendan Ngisor, Semarang 50241, Indonesia

Referensi

Ady, S. U. (2015). Manajemen Psikologi dalam Investasi Saham: Kajian Fenomenologi dalam Sentuhan Behavioral Finance (M. Bendatu (Ed.). Andi.

Arikunto, S. (2010). Prosedur Penelitian Ilmiah. Rineka Cipta, Jakarta.

Ayu Wulandari, D., & Iramani, R. (2014). Studi Experienced Regret, Risk Tolerance, Overconfidance Dan Risk Perception Pada Pengambilan Keputusan Investasi. Journal of Business and Banking, 4(1), 55. https://doi.org/10.14414/jbb.v4i1.293

Bakar, S., & Yi, A. N. C. (2016). The Impact of Psychological Factors on Investors’ Decision Making in Malaysian Stock Market: A Case of Klang Valley and Pahang. Procedia Economics and Finance, 35(October 2015), 319–328. https://doi.org/10.1016/s2212-5671(16)00040-x

Bernaola, D. M. V., Willows, G. D., & West, D. (2021). The relevance of anger, anxiety, gender and race in investment decisions. Mind and Society, 20(1). https://doi.org/10.1007/s11299-020-00263-z

Bodie, Z., Kane, A., & Marcus, A. J. (2014). Manajemen Portofolio dan Investasi. Salemba Empat: Jakarta.

BUDIARTO, A. (2017). PENGARUH FINANCIAL LITERACY, OVERCONFIDENCE, REGRET AVERSION BIAS, DANRISK TOLERANCE TERHADAP KEPUTUSAN INVESTASI (Studi pada investor PT. Sucorinvest Central Gani Galeri Investasi BEI Universitas Negeri Surabaya). Jurnal Ilmu Manajemen (JIM), 5(2), 1–9.

Elisa, G., & Fiorella, G. (2012). The effect of anger and anxiety traits on investment decisions. Journal of Economic Psychology, 33(6), 1059–1069.

Fridana, I. O., & Asandimitra, N. (2020). Analisis Faktor Yang Memengaruhi Keputusan Investasi (Studi Pada Mahasiswi Di Surabaya). Jurnal Muara Ilmu Ekonomi Dan Bisnis, 4(2), 396–405.

Ghozali, I. (2018). Aplikasi analisis multivariate dengan program IBM SPSS 25.

Global, 2017. (2017). Studi Investor Global 2017 Perilaku Investor: dari prioritas ke ekpektasi. Schroder I, 10–11.

Hadrian, I. (2020). Pengaruh Overconfidence, Herding Effect, Self-Monitoring terhadap Investment Decision pada Masa Pandemi Covid-19. Jurnal Manajerial Dan Kewirausahaan, II(3), 595–602. http://journal.untar.ac.id/index.php/JMDK/article/view/9571

Imam, G. (2011). Aplikasi analisis multivariate dengan program IBM SPSS 19. Semarang: Badan Penerbit Universitas Diponegoro.

Jannah, W. (2017). Analisis Fundamental, Suku Bunga, Dan Overconfidence Terhadap Pengambilan Keputusan Investasi Pada Investor Di Surabaya. Ekspektra : Jurnal Bisnis Dan Manajemen, 1(2), 138. https://doi.org/10.25139/ekt.v0i0.338

Kaya, N., & Tosun, H. (2018). The Relationship Between Nurses ’ Sociotropy – Autonomy Personality Characteristics and Trait Anger : Anger Expression Styles. https://doi.org/10.1177/2158244018772874

Kengatharan, L., & Kengatharan, N. (2014). The Influence of Behavioral Factors in Making Investment Decisions and Performance: Study on Investors of Colombo Stock Exchange, Sri Lanka. Asian Journal of Finance & Accounting, 6(1), 1. https://doi.org/10.5296/ajfa.v6i1.4893

Kishori, B., & Kumar, P. D. (2016). A study on factors influencing the investors’ decision making in stock market with special reference to Indian stock market. International Journal of Management and Commerce Innovations, 4(1), 39–43.

Kourtidis, D., Šević, Ž., & Chatzoglou, P. (2011). Investors’ trading activity: A behavioural perspective and empirical results. Journal of Socio-Economics, 40(5), 548–557. https://doi.org/10.1016/j.socec.2011.04.008

Kumar, S., & Goyal, N. (2015). Behavioural biases in investment decision making–a systematic literature review. Qualitative Research in Financial Markets.

Loh, T. C. (2016). The influence of behavioral factors in investment decisions: study of millennial investors in Kuala Lumpur. Universiti Utara Malaysia.

Messis, P., & Zapranis, A. (2014). Herding behaviour and volatility in the Athens Stock Exchange. The Journal of Risk Finance, 15(5), 572–590. https://doi.org/10.1108/JRF-04-2014-0054

Mumaraki, J., & Nasieku, T. (2016). Effect of Overconfidence on Individual Investment Decision: Evidence from the Investment Services Sector in Kenya. The International Journal Of Business & Management, 4(10), 254–261. www.theijbm.com

Rahman, M., & Gan, S. S. (2020). Generation Y investment decision: an analysis using behavioural factors. Managerial Finance, 46(8), 1023–1041. https://doi.org/10.1108/MF-10-2018-0534

Salerindra, B. (2020). Determinan Keputusan Investasi Mahasiswa pada Galeri Investasi Perguruan Tinggi di Surabaya dan Malang. Jurnal Ilmu Manajemen, 8(1), 157–173.

Sari, F. S., & Batubara, I. M. (2017). Kecemasan Anak Saat Hospitalisasi. Jurnal Kesehatan Kusuma Husada, 144–149.

Simões Vieira, E. F., & Valente Pereira, M. S. (2015). Herding behaviour and sentiment: Evidence in a small European market. Revista de Contabilidad-Spanish Accounting Review, 18(1), 78–86. https://doi.org/10.1016/j.rcsar.2014.06.003

Snyder, M., & Gangestad, S. (1986). On the nature of self-monitoring: matters of assessment, matters of validity. Journal of Personality and Social Psychology, 51(1), 125–139. https://doi.org/10.1037/0022-3514.51.1.125

Sugiyono, P. (2011). Metodologi penelitian kuantitatif kualitatif dan R&D. Alpabeta, Bandung.

Umar, H. (2016). Metode penelitian untuk skripsi dan tesis bisnis.

Violeta, J., & Linawati, N. (2019). Pengaruh Anger Traits, Anxiety Traits, Dan Faktor Demografi Terhadap Keputusan Investasi. Jurnal Manajemen Pemasaran, 13(2), 89–96. https://doi.org/10.9744/pemasaran.13.2.89-96

Unduhan

Diterbitkan

2021-08-27

Cara Mengutip

Wahyu, A., & Susilowati, Y. (2021). PENGARUH FAKTOR PERILAKU TERHADAP KEPUTUSAN INVESTASI. JURNAL ILMIAH EDUNOMIKA, 5(02), 1342–1350. https://doi.org/10.29040/jie.v5i2.2798

Terbitan

Vol 5 No 02 (2021): EDUNOMIKA : Vol. 5, No. 2, 2021

Bagian

Articles

Citation Check