Is risk aversion an obstacle for Indonesian beginner investor? / Andi Fauziah, Budi Purwanto and Wita Juwita Ermawati

• Main Authors: Fauziah, Andi, Purwanto, Budi, Ermawati, Wita Juwita
• Format: Book Section
• Language: English
• Published: Faculty of Accountancy 2019
• Subjects: Management. Industrial Management; Investment, capital formation, speculation; Foreign investments. Country risk
• Online Access: http://ir.uitm.edu.my/id/eprint/43935/1/43935.pdf; http://ir.uitm.edu.my/id/eprint/43935/

Beginner investors with high financial literacy, have not completely dared to invest with indications of psychological barriers in accordance with prospect theory. This paper investigates whether the prospect theory exists in the decision making of individual investor investment decision using the v...