Are Amman Stock Exchange Investors Overconfident?
This study highlights the factors that affect investors' overconfidence. Since the overconfidence is considered one of the major psychological traits that impact the investment decision in Amman stock exchange, the importance of this study emerge through the importance of the investment decisio...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354433?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| _version_ | 1828018874292895744 |
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| author | Bashar Khaled Abu Khalaf Firas Y. Hammash |
| author_facet | Bashar Khaled Abu Khalaf Firas Y. Hammash |
| author_sort | Bashar Khaled Abu Khalaf |
| collection | DOAJ |
| description | This study highlights the factors that affect investors' overconfidence. Since the overconfidence is considered one of the major psychological traits that impact the investment decision in Amman stock exchange, the importance of this study emerge through the importance of the investment decision itself. Accordingly, this paper studies overconfidence and number of its originators through structured questionnaire. The six factors we focus on include experience, financial knowledge, academic qualifications, opinions of financial advisors, and past performance of the stock. We randomly manage to get 250 respondents' sample of ASE traders. The results indicate that the investor overconfident is significantly increased by experience and financial knowledge factors. |
| first_indexed | 2024-04-10T11:09:27Z |
| format | Article |
| id | doaj.art-d033c0efef2a4a278fe6fd16abaa0817 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T11:09:27Z |
| publishDate | 2017-06-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-d033c0efef2a4a278fe6fd16abaa08172023-02-15T16:19:16ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-06-01727101032Are Amman Stock Exchange Investors Overconfident?Bashar Khaled Abu KhalafFiras Y. HammashThis study highlights the factors that affect investors' overconfidence. Since the overconfidence is considered one of the major psychological traits that impact the investment decision in Amman stock exchange, the importance of this study emerge through the importance of the investment decision itself. Accordingly, this paper studies overconfidence and number of its originators through structured questionnaire. The six factors we focus on include experience, financial knowledge, academic qualifications, opinions of financial advisors, and past performance of the stock. We randomly manage to get 250 respondents' sample of ASE traders. The results indicate that the investor overconfident is significantly increased by experience and financial knowledge factors.https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354433?publisher=http-www-cag-edu-tr-ilhan-ozturkoverconfidence amman stock exchange (ase) behavioral finance experience financial knowledge |
| spellingShingle | Bashar Khaled Abu Khalaf Firas Y. Hammash Are Amman Stock Exchange Investors Overconfident? International Journal of Economics and Financial Issues overconfidence amman stock exchange (ase) behavioral finance experience financial knowledge |
| title | Are Amman Stock Exchange Investors Overconfident? |
| title_full | Are Amman Stock Exchange Investors Overconfident? |
| title_fullStr | Are Amman Stock Exchange Investors Overconfident? |
| title_full_unstemmed | Are Amman Stock Exchange Investors Overconfident? |
| title_short | Are Amman Stock Exchange Investors Overconfident? |
| title_sort | are amman stock exchange investors overconfident |
| topic | overconfidence amman stock exchange (ase) behavioral finance experience financial knowledge |
| url | https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354433?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| work_keys_str_mv | AT basharkhaledabukhalaf areammanstockexchangeinvestorsoverconfident AT firasyhammash areammanstockexchangeinvestorsoverconfident |