Behavioral biases affecting investors' financial decisions : a study of a sample of individual investors in Relizane (Algeria)
Joint Authors
Ghalmi, al-Tayyib
Bu Djirfah, Bin Nasir
Source
Journal of Management and Economic Sciences Prospects
Issue
Vol. 5, Issue 1 (30 Jun. 2021), pp.436-455, 20 p.
Publisher
Publication Date
2021-06-30
Country of Publication
Algeria
No. of Pages
20
Main Subjects
Topics
Abstract AR
تهدف هذه الورقة إلى تحليل أثر التحيزات السلوكية (العاطفية و الادراكية) على القرارات المالية للمستثمرين من ملاك و أصحاب مؤسسات أو من ينوب عنهم في اتخاذ القرارات من مدراء ماليين أو مسيرين، وذلك بتطوير استبانة وفق مقيس ليكارت الخماسي وتوزيعها على عينة الدراسة.
باستخدام نماذج الانحذار توصنا إلى وجود علاقة ذات دلالة إحصائية بين التحيزات العاطفية و القرارات المالية عند مستوى دلالة 0.
01، كما توصلنا أيضا إلى عدم وجود علاقة ذات دلالة إحصائية بين التحيزات الادراكية و القرارات المالية للمستثمرين.
Abstract EN
This paper aims to analyze the impact of behavioral biases (emotional and cognitive) on the financial decisions of investors and owners of institutions or their representatives in the decision-making (financial managers or managers), by developing a questionnaire according to the scale of the Likart five and distributed to the study sample.
Using regression models, we found a statistically significant relationship between emotional biases and financial decisions at a level of 0.
01, We also found no statistically significant relationship between cognitive biases and financial decisions of investors.
American Psychological Association (APA)
Ghalmi, al-Tayyib& Bu Djirfah, Bin Nasir. 2021. Behavioral biases affecting investors' financial decisions : a study of a sample of individual investors in Relizane (Algeria). Journal of Management and Economic Sciences Prospects،Vol. 5, no. 1, pp.436-455.
https://search.emarefa.net/detail/BIM-1349694
Modern Language Association (MLA)
Ghalmi, al-Tayyib& Bu Djirfah, Bin Nasir. Behavioral biases affecting investors' financial decisions : a study of a sample of individual investors in Relizane (Algeria). Journal of Management and Economic Sciences Prospects Vol. 5, no. 1 (2021), pp.436-455.
https://search.emarefa.net/detail/BIM-1349694
American Medical Association (AMA)
Ghalmi, al-Tayyib& Bu Djirfah, Bin Nasir. Behavioral biases affecting investors' financial decisions : a study of a sample of individual investors in Relizane (Algeria). Journal of Management and Economic Sciences Prospects. 2021. Vol. 5, no. 1, pp.436-455.
https://search.emarefa.net/detail/BIM-1349694
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1349694
