KIC
Vol. 2 (2024): Proceeding Kilisuci International Conference on Economic and Business

Emotional Intelligence And Behavioral Bias On Stock Trading Decisions In Robo Advisor Moderation In The Millennial Generation

Arista Widya Rahman (Universitas Kadiri)
Nindi Vaulia Puspita (Unknown)



Article Info

Publish Date
27 Apr 2024

Abstract

Research aim : To understand the investment behavior of the millennial generation in the Indonesian stock market with a focus on the relationship between Emotional Intelligence (EI), behavioral bias, and stock trading decisions. Design/Methode/Approach : Using a quantitative descriptive approach with Partial Least Squares Structural Equation Modeling (PLS-SEM) method. Data was collected through an online survey targeting 100 millennials. Research Finding : Emotional Intelligence and Behavioral Bias positively influence Stock Trading Decisions. Robo Advisor also has a positive impact. Theoretical contribution/Originality : This research presents a new contribution by delving into the complex interaction between EI, behavioral bias, and the moderating impact of Robo Advisor on stock trading decisions for the millennial generation. Practitionel/Policy implication : Practical recommendations are provided for market players, robo advisors, and millennials. Policy implications relate to understanding and implementing adaptive investment solutions Research limitation : Sample limitations, external factors, and advantages/disadvantages of the PLS-SEM method

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Journal Info
KIC

Abbrev

kilisuci

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

Description

Kilisuci International Conference on Economic & Business is a international scientific proceeding are open to seeking innovation, creativity and novelty. Either letters, research notes, articles, supplemental articles, or review articles. Kilisuci International Conference on Economic & Business aims ...