Determinants of Short-Term Investment Decision-Making

Actual Problems of Economics, No. 11, 2011

8 Pages Posted: 16 Aug 2012

See all articles by Ahmed Imran Hunjra

Ahmed Imran Hunjra

University of Waikato; Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS)

Muhammad Naeem Akhtar

affiliation not provided to SSRN

Kashif ur Rehman

affiliation not provided to SSRN

Date Written: August 16, 2012

Abstract

This study examines the impact of financial literacy, accounting information, openness to experience and information asymmetry on the short-term investment decision-making of the stock market investors. For this purpose 23-item questionnaire was developed and distributed among 185 stock market investors through non-probability sampling. The results indicate that all these factors have a significant effect on the short-term investment decision-making. Results also indicate that individual investors with higher educational qualifications have more intentions for short-term investments as compared to the investors with other qualifications.

Keywords: financial literacy, accounting information, information asymmetry, openness to experience, short term investment

Suggested Citation

Hunjra, Ahmed Imran and Akhtar, Muhammad Naeem and Rehman, Kashif ur, Determinants of Short-Term Investment Decision-Making (August 16, 2012). Actual Problems of Economics, No. 11, 2011. Available at SSRN: https://ssrn.com/abstract=2130352

Ahmed Imran Hunjra (Contact Author)

University of Waikato ( email )

Te Raupapa
Private Bag 3105
Hamilton, 3240
New Zealand

Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS) ( email )

Muree Road Rawalpindi
Shamsabad, Punjab 44000
Pakistan
00923457162527 (Phone)

Muhammad Naeem Akhtar

affiliation not provided to SSRN ( email )

Kashif ur Rehman

affiliation not provided to SSRN ( email )

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