Journal of Accounting and Investment
Vol 24, No 1: January 2023

Gender Differences, Framing, and Responsibility in Investment Decision-Making: An Experimental Study

Barkah Susanto (Department of Accounting, Faculty of Economics and Business, Universitas Muhammadiyah Magelang, Central Java)
Naufal Afif (Department of Accounting, Faculty of Economics and Business, Universitas Muhammadiyah Magelang, Central Java)
Betari Maharani (Department of Accounting, Faculty of Economics and Business, Universitas Muhammadiyah Magelang, Central Java)
Nur Laila Yuliani (Department of Accounting, Faculty of Economics and Business, Universitas Muhammadiyah Magelang, Central Java)
Muhammad Ridhwan Ab Aziz (Department of Islamic Banking & Finance, Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia)



Article Info

Publish Date
14 Nov 2022

Abstract

Research aims: This study aims to investigate the effect of gender, framing, and responsibility on investment decision-making. Design/Methodology/Approach: This experimental study used a subject design of 2 x 2 x 2, in which 81 doctoral students participated. Furthermore, cross-tabulation was employed to analyze and examine the hypotheses.Research findings: The results revealed that positive and negative framing and responsibility levels would affect investment decision-making. This research also uncovered differences in risk preferences in decision-making between men and women. Additionally, both genders had varying preferences in making similar decisions.Theoretical contribution/Originality: Several studies have shown that when information is presented differently, here in after referred to as framing, it significantly influences decisions. However, the decision-making determination is influenced not only by framing but also by other variables. In this study, the framing variable, therefore, was tested jointly with the variables of responsibility and gender differences.

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Journal Info

Abbrev

ai

Publisher

Subject

Economics, Econometrics & Finance

Description

JAI receives rigorous articles that have not been offered for publication elsewhere. JAI focuses on the issue related to accounting and investments that are relevant for the development of theory and practices of accounting in Indonesia and southeast asia especially. Therefore, JAI accepts the ...