The Effect of Behavioral Finance on Stock Investment Decisions

Introduction

Hypotheses of the Research

The first major hypothesis in this research is:

(H0)1There is no impact of behavioral financial factors on stock investment decision-making at ASE.

The major hypothesis is sub-divided into the following sub-hypotheses:

(H0)1-1:There is no impact of overconfidence on stock investment decision-making at ASE.

(H0)1-2There is no loss aversion on stock investment decision-making at ASE.

(H0)1-4: There is no impact of risk perception on stock investment decision-making at ASE.

The second major hypothesis:

(H0)2: There is no impact of behavioral finance factors on stock investment decision-making that can be attributed to demographic variables at ASE.