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

Download437 downloads
  • @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.