Open AccessImpact of Personality Traits on The Investor Sentiment
Author(s) -
Taufik Hidayah,
Lisa Kustina
Publication year - 2020
Publication title -
international journal of business economics
Language(s) - English
Resource type - Journals
ISSN - 2686-472X
DOI - 10.30596/ijbe.v2i1.5724
Subject(s) - openness to experience , neuroticism , extraversion and introversion , big five personality traits , stock exchange , personality , indonesian , psychology , social psychology , business , finance , linguistics , philosophy
In making investment decisions on the Indonesian Stock Exchange, this study evaluates the relationship between personality traits and individual investor activity bias. This research uses a questionnaire obtained from Indonesia's 205 individual investors. Modelling of structural equations (SEM) is used to analyse the impact of personality characteristics on component behaviour bias. This finding indicates that the traits of neuroticism, extraversion, and openness are strongly related to the different biased behaviours of individual investors on the Indonesian Stock Exchange. This analysis offers evidence that a relationship exists.