Overconfidence and Herding Bias on Investment Decisions the Role of Risk Perception as a Mediator
Wida Purwidianti, Ika Yustina Rahmawati & Retno Dwiyanti · Asian Journal of Economics, Business and Accounting · 2023
Aims: The investment decision is essential in Small and Medium Enterprises (SMEs). The behavioral financial theory explains that behavioral biases and risk perceptions of SME owners will influence investment decisions. This study highlights the relationship between overconfidence...
Open access
Research Article
10.9734/ajeba/2023/v23i181056