The Big Five Personality Traits Indonesia Investor during the Covid-19 Pandemic
This study aims to determine the effect of the big five personality traits on financial risk tolerance and investment decision. The context of this research occurs for investors in Indonesia during the covid-19 pandemic period. The approach taken in this study is to use a quantitative approach metho...
| Main Authors: | , , |
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| Format: | Article |
| Language: | Indonesian |
| Published: |
Universitas 17 Agustus 1945 (UNTAG) Semarang
2024-01-01
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| Series: | Media Ekonomi dan Manajemen |
| Subjects: | |
| Online Access: | http://jurnal.untagsmg.ac.id/index.php/fe/article/view/4381 |
| _version_ | 1797352781747585024 |
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| author | Werner Ria Murhadi Bertha Silvia Sutejo Phan Thị Hồng Xuân |
| author_facet | Werner Ria Murhadi Bertha Silvia Sutejo Phan Thị Hồng Xuân |
| author_sort | Werner Ria Murhadi |
| collection | DOAJ |
| description | This study aims to determine the effect of the big five personality traits on financial risk tolerance and investment decision. The context of this research occurs for investors in Indonesia during the covid-19 pandemic period. The approach taken in this study is to use a quantitative approach method by distributing questionnaires to respondents who have become investors in Indonesia. Five independent variables measure a person's personality: extraversion, openness to experience, conscientiousness, and emotional instability, and two dependent variables are financial risk tolerance and investment decision. The results of this study prove that Personality traits extraversion, Intellect, and conscientiousness positively affect the level of financial risk tolerance. While personality traits of agreeableness and emotional instability negatively and significantly affect investors' financial risk tolerance levels. This research also provides results that financial risk tolerance positively affects investment decisions. This research has contributed to developing investor behavior theory which has yet to be widely carried out in Indonesia. The research shows that the big five personality impacts an investor's financial risk tolerance. Finally, this will have an impact on the investment decisions that an investor will make. |
| first_indexed | 2024-03-08T13:21:47Z |
| format | Article |
| id | doaj.art-896720d70e0548aba00c110403362838 |
| institution | Directory Open Access Journal |
| issn | 0854-1442 2503-4464 |
| language | Indonesian |
| last_indexed | 2024-03-08T13:21:47Z |
| publishDate | 2024-01-01 |
| publisher | Universitas 17 Agustus 1945 (UNTAG) Semarang |
| record_format | Article |
| series | Media Ekonomi dan Manajemen |
| spelling | doaj.art-896720d70e0548aba00c1104033628382024-01-18T01:51:40ZindUniversitas 17 Agustus 1945 (UNTAG) SemarangMedia Ekonomi dan Manajemen0854-14422503-44642024-01-013919911410.56444/mem.v39i1.43811783The Big Five Personality Traits Indonesia Investor during the Covid-19 PandemicWerner Ria Murhadi0Bertha Silvia Sutejo1Phan Thị Hồng Xuân2Universitas SurabayaUniversitas SurabayaUniversity of Social Sciences and Humanities, VNU - HCMThis study aims to determine the effect of the big five personality traits on financial risk tolerance and investment decision. The context of this research occurs for investors in Indonesia during the covid-19 pandemic period. The approach taken in this study is to use a quantitative approach method by distributing questionnaires to respondents who have become investors in Indonesia. Five independent variables measure a person's personality: extraversion, openness to experience, conscientiousness, and emotional instability, and two dependent variables are financial risk tolerance and investment decision. The results of this study prove that Personality traits extraversion, Intellect, and conscientiousness positively affect the level of financial risk tolerance. While personality traits of agreeableness and emotional instability negatively and significantly affect investors' financial risk tolerance levels. This research also provides results that financial risk tolerance positively affects investment decisions. This research has contributed to developing investor behavior theory which has yet to be widely carried out in Indonesia. The research shows that the big five personality impacts an investor's financial risk tolerance. Finally, this will have an impact on the investment decisions that an investor will make.http://jurnal.untagsmg.ac.id/index.php/fe/article/view/4381financial behaviorinvestment decisionpandemic, risk tolerancethe big five personality |
| spellingShingle | Werner Ria Murhadi Bertha Silvia Sutejo Phan Thị Hồng Xuân The Big Five Personality Traits Indonesia Investor during the Covid-19 Pandemic Media Ekonomi dan Manajemen financial behavior investment decision pandemic, risk tolerance the big five personality |
| title | The Big Five Personality Traits Indonesia Investor during the Covid-19 Pandemic |
| title_full | The Big Five Personality Traits Indonesia Investor during the Covid-19 Pandemic |
| title_fullStr | The Big Five Personality Traits Indonesia Investor during the Covid-19 Pandemic |
| title_full_unstemmed | The Big Five Personality Traits Indonesia Investor during the Covid-19 Pandemic |
| title_short | The Big Five Personality Traits Indonesia Investor during the Covid-19 Pandemic |
| title_sort | big five personality traits indonesia investor during the covid 19 pandemic |
| topic | financial behavior investment decision pandemic, risk tolerance the big five personality |
| url | http://jurnal.untagsmg.ac.id/index.php/fe/article/view/4381 |
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