Jurnal Manajemen dan Pemasaran Jasa
Vol. 18 No. 1 (2025): Maret

Toward rational investment decisions: A psychological intervention for Generation Z stock investors

Indrawan, Dava R. (Unknown)
Veronica, Sienly (Unknown)



Article Info

Publish Date
20 Jun 2025

Abstract

Investors in Indonesia are often influenced by various financial behaviors affecting investment activities in the capital market. Several indicators lead to irrational investment decision-making such as herding, overconfidence, regret aversion, and representativeness bias. Therefore, this research aimed to determine the impact of herding, overconfidence, regret aversion, and representativeness bias on investment decisions of investors. During the analysis, an analysis was conducted using PLS-SEM with a sample of 271 investors. Data analysis results showed that investment decisions was influenced by herding and overconfidence bias. Meanwhile, regret aversion and representativeness bias did not influence investment decisions of Generation Z investors in Bandung City. This research offered proposals for Generation Z investors in Bandung City to make rational investment decisions by exploring financial science.

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Journal Info

Abbrev

jasa

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Manajemen dan Pemasaran Jasa is a peer reviewed and open access journal published by Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB). This journal receives an original research paper and review paper which suitable with focus and ...