Latifah Wulandari Binti Asbaruna
Universitas Ma’soem Bandung, Bandung, Indonesia

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

Heuristic biases on perceived market efficiency case of Indonesia Latifah Wulandari Binti Asbaruna; Ridwan Ismail Gorib
Junal Ilmu Manajemen Vol 6 No 4 (2023): October: Management Science and Field
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/jmas.v6i4.365

Abstract

Understanding human behavior is the key to behavioral finance's significance in the financial world. The majority of research focuses on financial markets that are well-developed, and little is known about heuristic biases in the perception of market efficiency in emerging nations like Indonesia. The data collection technique in this research is a literature study that is directly related to heuristic bias in perceived market efficiency. Investors’ heuristic biases have been measured using a questionnaire, containing numerous items, including indicators of speculators, investment decisions and perceived market efficiency variables. The sample consists of 150 investors trading on the BEI. A convenient, purposively sampling technique was used for data collection. To examine the relationship between heuristic biases, investment decisions and perceived market efficiency, hypotheses were tested by using correlation and regression analysis. Additionally, the research aims to forecast future directions in the field of behavioral finance, with the ultimate goal of offering fresh perspectives and insights into the field. This may encourage future research on heuristic biases in perceived market efficiency.