Jurnal Inovasi Ekonomi
Vol. 6 No. 03 (2021): December

Why do investors choose a mutual fund?

Fendy Cuandra (Management Department, Universitas Internasional Batam, Indonesia)
Jackson Rinaldo (Management Department, Universitas Internasional Batam, Indonesia ,)



Article Info

Publish Date
02 Nov 2021

Abstract

The purpose of this research is to identify the factors that support mutual funds investment decisions through overconfidence, risk perception, loss aversion, availability, and herding variables on the investment decisions of the residents of Batam City. Data were collected through questionnaires and processed using multiple linear regression. The results of testing and processing research data show that overconfidence, loss aversion, and herding significantly positively affect investment decisions, while risk perception and availability do not affect investment decisions.

Copyrights © 2021






Journal Info

Abbrev

JIKO

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Inovasi Ekonomi (JIKO) has been accredited by the National Journal Accreditation (ARJUNA) Managed by the Ministry of Research, Technology, and Higher Education, Republic of Indonesia, and is currently ranked 4th (Sinta 4). Indexed at Google Scholar and Dimensions. JIKO is an open-access ...