Keywords
Disposition Effect
Overconfidence
Herding Behaviour
Anchoring
Abstract
The primary objective of this research is to study the possible relationships that may exist between disposition effect, overconfidence, herding behavior, and anchoring with investment decision-making among Generation Z in Selangor, Malaysia. The study was conducted based on the hypotheses, the research questions, and the research objectives. A total of 141 participants, aged 18 to 28 years, were involved in the study. The results of the research revealed that the disposition effect and anchoring had significant relationships with investment decision-making among Generation Z in Selangor, Malaysia, whereas herding behaviour and overconfidence had no significant impact. The study provides valuable insights into the investment behaviour of Generation Z, thereby enhancing our understanding of investment decisions-making and the decision-making processes of this generation. The implication of the study was also provided.
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