THE NEXUS OF BEHAVIORAL BIASES AND DEMOGRAPHIC ATTRIBUTES OF STOCKBROKERS IN INVESTMENT DECISION: NEW EVIDENCE FROM ONE-WAY ANALYSIS OF VARIANCE

Authors

  • Kashif Amin Qurtuba University of Science and Information Technology
  • Muhammad Aleem Assistant Professor, Department of Management Sciences, CECOS University, Peshawar, Pakistan
  • Shuja Ul Islam Assistant Professor, FAST School of Management, Islamabad

Abstract

This study investigates the risk-taking behavior of brokers with respect to the demographic attributes amid making investment decisions. The current study has employed six demographic attributes, namely, age, gender, religion, education, experience, income level, and their risk-taking behavior has been used while making the investment. The survey forms contained 19 questions related to demographic attributes and the risk-taking behavior of the brokers. Descriptive statistics and One-Way ANOVA results ascertained that broker's risk-taking behavior has a substantial relationship with the demographic attributes while making investment decisions.

Keywords: Stockbrokers, Investment Decision.

Author Biography

Kashif Amin, Qurtuba University of Science and Information Technology

Assistant Professor, Department of Management SciencesВ 

Director QECВ 

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Published

31.03.2021

How to Cite

Amin, K., Aleem, M., & Islam, S. U. (2021). THE NEXUS OF BEHAVIORAL BIASES AND DEMOGRAPHIC ATTRIBUTES OF STOCKBROKERS IN INVESTMENT DECISION: NEW EVIDENCE FROM ONE-WAY ANALYSIS OF VARIANCE. CITY UNIVERSITY RESEARCH JOURNAL, 11(1). Retrieved from https://cusitjournals.com/index.php/CURJ/article/view/542

Issue

Vol. 11 No. 1 (2021): March

Section

Articles

License

Copyright (c) 2021 Kashif Amin, Muhammad Aleem, Shuja Ul Islam

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.