Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia
In order to examine whether the behavioural biases play a role in affecting the Malaysian’s investment decision making, this study which concerns the relationship between the investment decision made by Malaysian investors and several behavioural biases was conducted. There was a total of 163 respon...
| Main Authors: | , , , , |
|---|---|
| Format: | Final Year Project / Dissertation / Thesis |
| Published: |
2021
|
| Subjects: | |
| Online Access: | http://eprints.utar.edu.my/4322/ http://eprints.utar.edu.my/4322/1/fyp_FN_2020_CHX_%2D_1800232.pdf |
| _version_ | 1848886127341076480 |
|---|---|
| author | Chai, Hui Xin Chew, Jing Han See, Yi Zhen Soh, Ai Waye Song, Kar Jing |
| author_facet | Chai, Hui Xin Chew, Jing Han See, Yi Zhen Soh, Ai Waye Song, Kar Jing |
| author_sort | Chai, Hui Xin |
| building | UTAR Institutional Repository |
| collection | Online Access |
| description | In order to examine whether the behavioural biases play a role in affecting the Malaysian’s investment decision making, this study which concerns the relationship between the investment decision made by Malaysian investors and several behavioural biases was conducted. There was a total of 163 respondents who took part in this study through online platform. In this study, the statistical results of Cronbach’s alpha, composite reliability, average variance extracted (AVE), discriminant validity, and hypotheses testing were obtained through the execution of Partial Least Squares Structural Equation Modeling (PLS-SEM). Besides, this study discovered some of the studied biases which are overconfidence bias, representativeness bias, and herding bias possessed significant relationship with the investment decision made by Malaysian investors while the others which includes regret aversion bias and loss aversion bias did not. It is observed that the Malaysian investors tend to be overconfident, stereotyped, and relied on others’ information while making their investment decisions. On the other hand, they are not afraid of making investment decision even though it could possibly cause them to be regretful or suffer loss. At last, this study serves to provide insights and recommendations for multiple parties such as the society, investors, investment advisors, and corporations. |
| first_indexed | 2025-11-15T19:33:33Z |
| format | Final Year Project / Dissertation / Thesis |
| id | utar-4322 |
| institution | Universiti Tunku Abdul Rahman |
| institution_category | Local University |
| last_indexed | 2025-11-15T19:33:33Z |
| publishDate | 2021 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | utar-43222022-02-21T14:22:35Z Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia Chai, Hui Xin Chew, Jing Han See, Yi Zhen Soh, Ai Waye Song, Kar Jing HG Finance In order to examine whether the behavioural biases play a role in affecting the Malaysian’s investment decision making, this study which concerns the relationship between the investment decision made by Malaysian investors and several behavioural biases was conducted. There was a total of 163 respondents who took part in this study through online platform. In this study, the statistical results of Cronbach’s alpha, composite reliability, average variance extracted (AVE), discriminant validity, and hypotheses testing were obtained through the execution of Partial Least Squares Structural Equation Modeling (PLS-SEM). Besides, this study discovered some of the studied biases which are overconfidence bias, representativeness bias, and herding bias possessed significant relationship with the investment decision made by Malaysian investors while the others which includes regret aversion bias and loss aversion bias did not. It is observed that the Malaysian investors tend to be overconfident, stereotyped, and relied on others’ information while making their investment decisions. On the other hand, they are not afraid of making investment decision even though it could possibly cause them to be regretful or suffer loss. At last, this study serves to provide insights and recommendations for multiple parties such as the society, investors, investment advisors, and corporations. 2021-08-30 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/4322/1/fyp_FN_2020_CHX_%2D_1800232.pdf Chai, Hui Xin and Chew, Jing Han and See, Yi Zhen and Soh, Ai Waye and Song, Kar Jing (2021) Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia. Final Year Project, UTAR. http://eprints.utar.edu.my/4322/ |
| spellingShingle | HG Finance Chai, Hui Xin Chew, Jing Han See, Yi Zhen Soh, Ai Waye Song, Kar Jing Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia |
| title | Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia |
| title_full | Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia |
| title_fullStr | Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia |
| title_full_unstemmed | Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia |
| title_short | Behavioural finance and its impacts on portfolio management decision: evidence in Malaysia |
| title_sort | behavioural finance and its impacts on portfolio management decision: evidence in malaysia |
| topic | HG Finance |
| url | http://eprints.utar.edu.my/4322/ http://eprints.utar.edu.my/4322/1/fyp_FN_2020_CHX_%2D_1800232.pdf |