JESH: Journal of Economics, Social, and Humanities
Vol. 1 No. 2 (2023): JESH: Journal of Social, Economics, and Humanities

The Influence of Loss Aversion, Herding Bias and Regret Aversion Towards Investment Decision to Shareholder in Pontianak

Equeza Ermulyawati (Universitas Muhammadiyah Pontianak)
Dedi Hariyanto (Unknown)
Heni Safitri (Unknown)



Article Info

Publish Date
08 Feb 2024

Abstract

Background: The purpose of this research is to know the influence of Loss Aversion, Herding Bias And Regret Aversion Towards Investment Decision to Shareholder in Pontianak. Method: The research method being used is associational research, with the use of classical assumption test, including normality test, multicollinearity test, and linearity test, meanwhile the statistical analysis used multiple linear regression analysis, analysis of correlation coefficient, coefficient of determination analysis, simultaneous test, partial test. Results: Based on the result of multiple linear regression analysis, it is estimated that the regression equation is Y= 6,741 + 0,446X1 + 0,026X2 + 0,366X3, the analysis of correlation coefficient values is 0,768 showed that the influence of Loss Aversion, Herding Bias and Regret Aversion towards Investment Decision is strong. Coefficient of determination showed that 50,1% of investment decision is influenced by Loss Aversion, Herding Bias and Regret Aversion and the other 40,9% influenced by another variable unstudied in this research. The result of F-test showed that Loss Aversion, Herding Bias and Regret Aversion significantly influenced investment decision. The T-test showed that Loss Aversion alone has had influenced towards investors’ investment decision. The T-test showed that Regret Aversion has had influence towards investors’ investment decision. Conclusion: There is influence of Loss Aversion, Herding Bias and Regret Aversion towards Investment Decision to Shareholder in Pontianak.

Copyrights © 2023






Journal Info

Abbrev

JESH

Publisher

Subject

Description

Journal of Economics, Social, and Humanities is an academic journal reviewed with a peer review system that is published two issues annually in the months April and October. Articles published include articles in the socio-economic and humanities fields and are generally applicable to the academic ...