Pengaruh Personality Traits Dan Motivasi Terhadap Perilaku Investor Individual

Santoso, Sidi (2023) Pengaruh Personality Traits Dan Motivasi Terhadap Perilaku Investor Individual. Masters thesis, Universitas Tarumanagara.

Text Cover_Sidi_117221097.pdf Download (391kB)

Abstract

The aim of this research is to examine the relationship between the Five-Factor Model of Personality and behavioral biases among individual investors in Indonesia when making stock investment decisions, mediated by Social Motivation. After testing the
questionnaire's feasibility and validity, it was distributed to 500 respondents to collect responses. The researchers conducted multiple regression analyses using the SMART PLS 4.0 tool to identify the relationship between the Five-Factor Model of personality and behavioral biases among individual stock investors. Our findings revealed a high level of extroversion and a low level of neuroticism among stock investors in Indonesia, indicating significant relationships with investor biases in Indonesia, specifically the deposition effect and herding. However, the mediation used, in the form of social motivation, did not prove
to have a significant influence as a mediator between the Five-Factor Model of personality and Investor Behavioral Biases. The limitations of this study include the possibility of analyzing primary and secondary investor data from both national and international stock brokerage firms, as well as the use of a larger sample to achieve findings that better represent the general conditions. This study represents the first comprehensive research exploring the relationship between personality traits, Social Motivation, and behavioral biases among individual stock investors in Indonesia. Furthermore, it provides valuable insights for a deeper understanding of the factors influencing stock investment decisions.

Item Type:	Thesis (Masters)
Additional Information:	Dosen Pembimbing: Dr. Agus Zainul Arifin, M.M.
Uncontrolled Keywords:	Keywords : Five-Factor Model of Personality, Investor Behavioral Biases, Social Motivation, Financial Behavior, Individual Investors
Subjects:	Tesis Tesis > Pascasarjana
Divisions:	Pascasarjana
Depositing User:	Pasca Perpus
Date Deposited:	17 Jun 2026 06:21
Last Modified:	17 Jun 2026 06:21
URI:	https://repository.untar.ac.id/id/eprint/50053

Actions (login required)

View Item