SavedAdd your journal

Journals / Journal of Business Economics and Finance / 2019 / Cilt: 8 - Sayı: 3

THE EFFECTS OF PERSONALITY TRAITS ON FINANCIAL BEHAVIOUR

Gokhan OZER
Ummuhan MUTLU
Pages
155–164
Publication Date
2019-09-30
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The aim of the study is to determine the effects of individual investor's personality traits on their financial behaviors.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Purpose- The development of financial markets, the complexity of financial products and services, the differences in individual investor profile increase the importance of estimating the financial behaviour of individual investors.
📊
Key Findings & Data:Purpose- The development of financial markets, the complexity of financial products and services, the differences in individual investor profile increase the importance of estimating the financial behaviour of individual investors.
💡
Conclusion & Impact:The aim of the study is to determine the effects of individual investor's personality traits on their financial behaviors.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Behavioral finance · financial behaviour · personality traits

Abstract

Purpose- The development of financial markets, the complexity of financial products and services, the differences in individual investor profile increase the importance of estimating the financial behaviour of individual investors. The aim of the study is to determine the effects of individual investor's personality traits on their financial behaviors.

🔖

Cite This Article

OZER, G., MUTLU, U. (2019). THE EFFECTS OF PERSONALITY TRAITS ON FINANCIAL BEHAVIOUR. Journal of Business Economics and Finance, Cilt: 8 - Sayı: 3, 155–164. https://ajindex.com/articles/835042

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (11)

  1. Alkaya, A. and Yagli, İ. (2015). Financial Literacy-Financial Information, Behaviour and Attitude: An Application on Nevşehir Hacı Bektaş Veli University İİBF Students. Journal of International Social Research, 8(40). Allgood, S. and Walstad, W. (2011). The effects of perceived and actual financial knowledge on credit card behaviour. Networks Financial Institute Working Paper. Indiana State University. Anbar, A. and Eker, M. (2010). ‘An Empirical Investigation for Determining of the Relationship Between Personal Financial Risk Tolerance and Demographic Characteristic’, Ege Academic Review. Vol. 10(2), 503-523.
  2. Arifin, A. Z. (2017).
  3. The Influence of Financial Knowledge, Control and Income on Individual Financial Behaviour. European Research Studies, 20(3A), 635. Asebedo, S. D. (2018). Personality and Financial Behaviour. Client Psychology, 137-153.
  4. Asebedo, S. D., Wilmarth, M. J., Seay, M. C., Archuleta, K., Brase, G. L. and MacDonald, M. (2019). Personality and saving behavior among older adults. Journal of Consumer Affairs, 53(2), 488-519.
  5. Bajtelsmit, V. L. and Bernasek, A. (1996). Why do women invest differently than men? Financial Counseling and Planning, 7, 1-10.
  6. Bernheim, B. D., Garrett, D. M., and Maki, D. M. (2001). Education and saving:: The long-term effects of high school financial curriculum mandates. Journal of public Economics, 80(3), 435-465.
  7. Costa FT Jr, McCrae RR, Dye DA. (1991). Facet scales for agreeableness and conscientiousness: A revision of the NEO Personality Inventory. Personality and Individual Differences, 12,887-898.
  8. Costa, P. T. and McCrae, R. R. (1992). Revised NEO personalityinventory (NEO-PIR): Professional manual. Odessa, FL: Psychological Assessment Resources. Davey, J. and George, C. (2011). Personality and Finance: The Effects of Personality on Financial Attitudes and Behaviour. International Journal of Interdisciplinary Social Sciences, 5(9). Digman, J. M. (1990). Personality structure: Emergence of the five-factor model. Annual review of psychology, 41(1), 417-440.
  9. Donnelly, G., Iyer, R. and Howell, R. T. (2012). The Big Five personality traits, material values, and financial well-being of self-described money managers. Journal of Economic Psychology, 33(6), 1129-1142.
  10. Dwyer, P. D., Gilkeson, J. H. and List, J. A. (2002). Gender differences in revealed risk taking: evidence from mutual fund investors. Economics Letters, 76, 151-158. http://dx.doi.org/10.1016/S0165-1765(02)00045-9
  11. Erkus, A. and Tabak, A. (2009). Effects