scholarly journals Positive Analysis on Japanese Individual Investors’ Ratio of Risk Asset Holding

2018 ◽  
Vol 11 (21) ◽  
pp. 69-85
Author(s):  
Toshihiko TAKEMURA ◽  
◽  
Takashi KOZU ◽  
Koichi TAKEDA ◽  
Toru SUEHIRO ◽  
...  
Keyword(s):  
Individual Investors ◽  
Asset Holding ◽  
Positive Analysis ◽  
Japanese Individual

Financial literacy or investment experience: which is more influential in cryptocurrency investment?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Haidong Zhao ◽  
Lini Zhang
Keyword(s):  
Financial Literacy ◽  
Model Comparison ◽  
The United States ◽  
Mediating Effect ◽  
Individual Investors ◽  
Investment Behavior ◽  
Content Type ◽  
Asset Holding ◽  
Investment Experience ◽  
Subjective Financial Knowledge

PurposeThe purpose of this study was to investigate how financial literacy and investment experience impact cryptocurrency investment behavior and explore which factor is more influential in cryptocurrency investment.Design/methodology/approachUsing a sample of US individual investors from the 2018 National Financial Capability Study Investor Survey, a three-step hierarchical logistic regression was conducted following a model-comparison approach. In addition, a mediation analysis was conducted using the Karlson−Holm−Breen (KHB) method to further explore the mediating effect of investment experience between financial literacy and cryptocurrency investment.FindingsThis study found that while both financial literacy and investment experience were positively associated with investing in cryptocurrencies, investment experience was more influential in cryptocurrency investment. The findings also demonstrated that investment experience, especially risky asset holding, had a significant mediating effect between subjective financial knowledge and cryptocurrency investment behavior.Practical implicationsThe findings of this study offer insight to researchers by providing a deeper understanding of the determinants of cryptocurrency investment in the United States. This study also provides detailed implications for financial institutions, financial professionals and policymakers to guide rational cryptocurrency investment behavior.Originality/valueThis study is one of the initial attempts to explore the determinant factors in cryptocurrency investment, an area that has rarely been studied in the literature.

scholarly journals Influence of the Consideration of Future Consequences on Financial Behavior: The Case of Japanese Individual Investors

2019 ◽  
Vol 11 (4(J)) ◽  
pp. 54-60
Author(s):  
Toru Suehiro ◽  
Koichi Takeda ◽  
Takashi Kozu ◽  
Toshihiko TAKEMURA
Keyword(s):  
Ego Depletion ◽  
Financial Behavior ◽  
Individual Investors ◽  
Financial Asset ◽  
Financial Assets ◽  
Web Based ◽  
Consideration Of Future Consequences ◽  
Future Consequences ◽  
The Impact ◽  
Japanese Individual

We analyze the impact of the “consideration of future consequences” (CFC) on the amount of financial assets and the liabilities of individual investors by applying a Tobit model to data from a web-based survey. We find that impatient individuals with high CFC have fewer deposits and financial asset balances. We also examine the influence of the CFC-immediate (CFC-I) and CFC-future (CFC-F) sub-indicators often used in psychology as well as CFC on financial asset balances and liabilities. CFC-I show concern with immediate consequences and also an index related to ego depletion. We find that the higher the CFC-I, the lower the amount of deposits and financial asset balances. However, CFC-F is a sub-indicator designating lack of concern with future consequences; thus, the higher the CFC-F, the larger the debt.

Segments Influencing Individual Investors Behavior And Their Investment Decision

2019 ◽  
Vol 118 (9) ◽  
pp. 154-160
Author(s):  
Dr. Kartikey Koti
Keyword(s):  
Decision Making ◽  
Social Factors ◽  
Stock Markets ◽  
Investment Decision ◽  
Individual Investors ◽  
Factors Affecting ◽  
The Social ◽  
Karnataka State ◽  
Essential Idea

The essential idea of this assessment is investigate the social factors affecting particular theorists' decisions making limit at Indian Stock Markets. In the examination coordinated standard of direct is Classified subject to two estimations the first is Heuristic (Decision making) and the resulting one is prospect.. For the assessment coordinated the data used is basic natured which is assembled through a sorted out survey from 100 individual money related authorities based out in Hubli and Dharwad city, Karnataka State in India on an accommodating way. The respondents were both sex and overwhelming part male were 68% . These theorists were having a spot with the age bundle between35-45 which is 38%. These respondents have completed their graduation were around 56%. These respondents had work inclusion of 5 to 10 years which is 45% and the majority of which were used in government portion which is 56%. Their compensation was between 4 to 6 Lakh and were fit for placing assets into business areas. The money related experts were widely masterminded placing assets into different portfolios like 32% in Share market and 20 % in Fixed store. These examiners mode to known various endeavor streets were through News, family and allies.  

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