Pengaruh overconfidence dan herding terhadap pengambilan keputusan investasi yang irasional / Nurul Fauziah
| Main Author: | Fauziah, Nurul |
|---|---|
| Format: | Thesis NonPeerReviewed |
| Terbitan: |
, 2017
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| Subjects: | |
| Online Access: |
http://repository.um.ac.id/37367/ |
Daftar Isi:
- ABSTRAKFauziahNurul.2017.PengaruhOverconfidencedanHerdingterhadapPengambilanKeputusanInvestasiyangIrasionalSkripsiJurusanAkuntansiFakultasEkonomiUniversitasNegeriMalang.PembimbingDr.SatiaNurMaharaniS.E.M.Sa.AK.KataKunciOveronfidenceHerdingdanPengambilanKeputusanInvestasiyangIrasional.DewasainiBEItelahberkembangpesatmenjadibursayangsangatkomplekssehinggamasyarakatluasdapatdenganmudahmelakukaninvestasidipasarmodal.Investasipadapasarmodaltidaklepasdariperilakuinvestordalammelakukanpengambilankeputusaninvestasi.Saatiniinvestorseringmembuatkeputusaninvestasitidakrasional.Keputusanseringdidasarkanpadapenilaianmerekayangjauhdariasumsiyangrasional.Ketikainvestormenghadapisituasiberisikoadabeberapaobjectivitiesemosidanfaktorpsikologislainyangbiasanyamempengaruhipengambilankeputusanmereka.Penelitianinibertujuanuntukmengetahuipengaruhperilakuoverconfidencedanperilakuherdingterhadappengambilankeputusaninvestasiyangirasional.Pengumpulandatadilakukandengansurveymenggunakanangketsertawawancara.Adapunanalisisdatayangdigunakanialahregresilinierbergandadenganteknikpengambilansampelyaknipurposivesampling.Hasilpenelitianmenunjukkanbahwapertamaperilakuoverconfidenceberpengaruhpositifsignifikanterhadappengambilankeputusaninvestasiyangirasionalyangartinyasemakintinggiperilakuoverconfidencemakasemakintinggikeputusaninvestasiyangirasional.Keduaperilakuherdingberpengaruhpositifsignifikanterhadappengambilankeputusaninvestasiyangirasionalyangartinyasemakintinggiperilakuherdingmakasemakintinggikeputusaninvestasiyangirasional.ABSTRACTFauziahNurul.2017.TheEffectofOverconfidenceandHerdingonTakingaDecisionofIrrationalInvestmentThesisDepartmentofAccountingFacultyofEconomicsUniversityofMalang.SupervisorDr.SatiaNurMaharaniS.E.M.Sa.AK.KeywordsOverconfidenceHerdingandTakingaDecisionofIrrationalInvestmentCurrentlyBEIhasgrownrapidlyintoaverycomplexexchangessothatthewidercommunitycaneasilyinvestinthecapitalmarket.Investmentsincapitalmarketscannotbeseparatedfrominvestorbehaviorinmakinginvestmentdecisions.Currentlyinvestorsoftenmakeirrationalinvestmentdecisions.Decisionsareoftenbasedontheirjudgmentsthatarefarfromarationalassumption.Wheninvestorsarefacingariskysituationtherearesomeobjectivitiesemotionsandotherpsychologicalfactorsthattypicallyaffecttheirdecision-making.Thisstudyaimstodeterminetheeffectofoverconfidencebehaviorandherdingbehavioronirrationalinvestmentdecisionmaking.Thedatawerecollectedbysurveyusingquestionnaireandinterview.Thedataanalysisusedismultiplelinearregressionwithsamplingtechniquethatispurposivesampling.Theresultsshowedthatfirstthebehaviorofoverconfidencehasasignificantpositiveeffectonirrationalinvestmentdecisionmakingwhichmeansthehighertheoverconfidencebehaviorthehighertheirrationalinvestmentdecision.Secondherdingbehaviorhasasignificantpositiveeffectonirrationalinvestmentdecisionmakingwhichmeansthehighertheherdingbehaviorthehighertheirrationalinvestmentdecision.