Effect of Interaction Demographic Factors to Herding Bias Influences Investment Decision

Tiar Lina Situngkir () and Asep Muslihat
Additional contact information
Tiar Lina Situngkir: Universitas Singaperbangsa Karawang
Asep Muslihat: Universitas Singaperbangsa Karawang

A chapter in New Challenges of the Global Economy for Business Management, 2025, pp 1183-1194 from Springer

Abstract: Abstract Fail investment decisions have the impact of bankruptcy or failure. The intention of the research is to seek and explore interaction demographic moderateness influences herding and confirmation bias to determine investment decision’s youth investor. The research used three-way ANOVA analysis techniques. There were 467 respondents who completed the survey in full and regress by SPSS with additional tool process. The aims of the research are to investigate interaction among herding bias and demographic factors affect to investment decision of young investor. Initial step is to investigate effect of herding bias to investment decision, then investigate interaction among herding bias to both each demographic, consist of gender and religion toward investment decision. Collecting data using questionnaires referring to the concept of finance behavior. The novelty of this research come from limited and complexity method, also the result of research to examine interactions between the two levels of moderation. The research reveals that youth investors’ investment decision is influenced by herding bias. Further, there are interaction among herding bias and demographic factors toward investment decision. The younger generation must be rational to determine to prevent herding bias, including their demographic features.

Keywords: Demographic factors; Herding bias; Investment decision; Interaction; Youth investor (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-981-96-4116-1_75

Ordering information: This item can be ordered from
http://www.springer.com/9789819641161

DOI: 10.1007/978-981-96-4116-1_75

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().