Individual Investors Trading Behavior in Indonesia Stock Exchange and the Covid-19

Novia Budi Santoso; Naili Farida; Andi Wijayanto

Proceedings of the 6th International Conference on Social and Political Enquiries, ICISPE 2021, 14-15 September 2021, Semarang, Indonesia

Research Article

Individual Investors Trading Behavior in Indonesia Stock Exchange and the Covid-19

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@INPROCEEDINGS{10.4108/eai.14-9-2021.2321420,
    author={Novia Budi  Santoso and Naili  Farida and Andi  Wijayanto},
    title={Individual Investors Trading Behavior in Indonesia Stock Exchange and the Covid-19},
    proceedings={Proceedings of the 6th International Conference on Social and Political Enquiries, ICISPE 2021, 14-15 September 2021, Semarang, Indonesia},
    publisher={EAI},
    proceedings_a={ICISPE},
    year={2022},
    month={9},
    keywords={pandemic covid-19 herding behavior overconfidence bias representative bias investment decision making},
    doi={10.4108/eai.14-9-2021.2321420}
}

Novia Budi Santoso
Naili Farida
Andi Wijayanto
Year: 2022
Individual Investors Trading Behavior in Indonesia Stock Exchange and the Covid-19
ICISPE
EAI
DOI: 10.4108/eai.14-9-2021.2321420

Novia Budi Santoso¹^,*, Naili Farida¹, Andi Wijayanto¹

1: Universitas Diponegoro

*Contact email: noviabudisantoso@students.undip.ac.id

Abstract

This research aims to determine how individual investors' behavior on the Indonesian stock exchange affects their decision to invest in stocks during the Covid-19 pandemic. The sample in this study amounted to 210 individual investors who made transactions on the Indonesia Stock Exchange during the Covid-19 pandemic. The sample selection technique used in this study is non-probability sampling. The sampling method used is purposive sampling. Data were analyzed using multiple regression. This study will result in the level of investment decision-making on individual investors on the Indonesia Stock Exchange and the effects of herding behavior, overconfidence bias, and representative bias.

Keywords: pandemic covid-19 herding behavior overconfidence bias representative bias investment decision making

Published: 2022-09-20
Publisher: EAI

: http://dx.doi.org/10.4108/eai.14-9-2021.2321420