Pengaruh Perilaku Herding, Risk Aversion terhadap Keputusan Investasi dengan Financial Attitude Sebagai Variabel Moderating

Abstract

The purpose of this study was to identify the relationship between herding behavior, risk aversion on investment decisions with financial attitude as a moderating variable. To obtain the data, the researcher used a questionnaire that utilized the purposive sampling method in obtaining respondents who were appropriate and in line with this research. Total found 110 respondents. This research finds that herding behavior has a negative effect on investment decisions, risk aversion has a significant positive effect on investment decisions. Financial attitude can be a moderating variable for herding and risk aversion in investment decisions.