ProBisnis : Jurnal Manajemen
Vol. 16 No. 4 (2025): August: Management Science

Overconfidence and Stock Market Participation of Potential Retail Investor in Indonesia: A Preliminary Study

Justina, Dormauli (Unknown)

Article Info

Publish Date
30 Aug 2025

Abstract

This study explores the existence of overconfidence among potential retail investors in Indonesia when deciding to participate in the stock market. The investigation was conducted using a quick survey followed by interviews with two informants. The results indicate that overconfidence in financial literacy does exist in individuals. This study is preliminary, so its results can be used as a basis for further research. A suggested direction for further research is to examine the causal relationship between overconfidence and stock market participation in the Indonesian context.

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Journal Info
ProBisnis : Jurnal Manajemen
Website

Abbrev

ProBisnis

Publisher

Lembaga Riset, Publikasi dan Konsultasi JONHARIONO

Subject

Humanities Computer Science & IT Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

ProBisnis: The Management Journal was previously published in print, then in 2020 it was changed to online. This journal has ISSN: 2086-7654( Print) and ISSN: 2808-7240(Online). The scope of this journal is Economics, Management, Marketing, Strategic Management, Entrepreneurship, Leadership ...