Management Analysis Journal
Vol 10 No 2 (2021): Management Analysis Journal

The Influence of Representativeness on Investment Decision Through Overconfidence

Fitri, Hery Kharisma (Unknown)
Cahyaningdyah, Dwi (Unknown)



Article Info

Publish Date
09 Sep 2021

Abstract

This study aims to explore the effect of representativeness on investment decisions through overconfidence as an intervening variable on investors from the Faculty of Economics, Universitas Negeri Semarang. The data used in this study is primary data with a survey method using a questionnaire. The research sample was taken using convenience sampling technique with a sample of 115 investors. The sample was then analyzed using the Partial Least Square (PLS) method with the help of the SmartPLS 3.0 application. The empirical results of this study explain that representativeness has no effect on investment decisions, overconfidence has a significant positive effect on investment decisions, representativeness has a significant positive effect on overconfidence, and overconfidence mediates the relationship between representativeness and investment decisions in full mediating.

Copyrights © 2021






Journal Info

Abbrev

maj

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Management Analysis Journal (MAJ) is an open-access electronic journal focusing on scientific work on the field of business. This journal applies the theory developed from business research and connects it to actual business situations. The articles within this journal are published quarterly ...