Digital Repository

Socio-Economic, Trading Sophistication and Self-Reflection on Investors’ Disposition Bias: Evidence from Colombo Stock Exchange

Show simple item record

dc.contributor.author Kawshala, B. A. H.
dc.contributor.author Anuradha, P. A. N. S.
dc.date.accessioned 2021-06-29T07:50:18Z
dc.date.available 2021-06-29T07:50:18Z
dc.date.issued 2020
dc.identifier.citation Kawshala, B. A. H. , Anuradha. P. A. N. S.(2020). Socio-Economic, Trading Sophistication and Self-Reflection on Investors’ Disposition Bias: Evidence from Colombo Stock Exchange. 11th International Conference on Business & Information, Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka. Pag.2 en_US
dc.identifier.issn 2465-6399
dc.identifier.uri http://repository.kln.ac.lk/handle/123456789/22888
dc.description.abstract Individual investor’s behavior is extensively influenced by biases that are highlighted in the growing discipline of behavior finance. This study is one of another effort to assess the determinants of behavioral biases in investor’s investment decision-making. The present study has analyzed the influence of socio-economic factors (i.e. investors’ age, gender, education, profession, and income), trading sophistication factors (i.e. trading experience and trading frequency) and self-reflection on disposition bias in investment decision-making in Colombo Stock Exchange (CSE). A questionnaire is designed and through survey responses were collected from 243 investors. The present research has applied inferential statistics and descriptive statistics. The results show that, the disposition bias influences men and women equally. Furthermore, disposition bias can be seen clearly in investors coming within the older age group, who have a less educational qualifications and low-income earners, and less trading experience and trading frequency. Self-reflection can be seen in disposition bias. Further, one’s profession does not impact on disposition bias. This study will be helpful to financial intermediaries to advice their clients. Moreover, the results of present study facilitate individual investors to realize their disposition bias by its’ determinants in the pursuit of making sensible and effective financial decisions. en_US
dc.publisher Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka en_US
dc.subject Disposition, Self-reflection, Socio-economic, Trading Experience, Trading Sophistication, en_US
dc.title Socio-Economic, Trading Sophistication and Self-Reflection on Investors’ Disposition Bias: Evidence from Colombo Stock Exchange en_US


Files in this item

This item appears in the following Collection(s)

Show simple item record

Search Digital Repository


Browse

My Account