Emotional intelligence and behavioral biases on millennial stock trading decisions: a case study of Bibit investors

Autor: Arista Widya Rahman, Nindi Vaulia Puspita, Kartika Yuliari
Jazyk: English<br />Indonesian
Rok vydání: 2024
Předmět:
Zdroj: Manajemen dan Bisnis, Vol 23, Iss 2, Pp 326-336 (2024)
Druh dokumentu: article
ISSN: 1412-3789
2477-1783
DOI: 10.24123/mabis.v23i2.801
Popis: This research explores the relationship between Em otional Intelligence (EI) and Behavioral Bias with Decision-Making Processes in Stock Trading among Millennial Investors. Data were collected through an online survey of 100 investors using the Bibit platform and analyzed using multiple linear regression and SPSS statistical software. The research findings indicate that Emotional Intelligence and Behavioral Bias significantly influence stock trading decisions, with a determination coefficient reaching 76%. This underscores the importance of understanding psychological factors in investment decision-making among the millennial generation. Therefore, raising awareness of Emotional Intelligence and mitigating Behavioral Bias can enhance the quality of stock trading decisions among millennials in the stock market, thereby contributing to long-term financial success
Databáze: Directory of Open Access Journals