The Information Sources Selection in Investment Decisions: The Role of Risk Attitudes, Gender, and Education

• In Event: Financial Accounting and Reporting 2

Abstract

This study examines the information sources beginning business educated investors employ to make investment decisions. One hundred twenty nine business students in the last semester of their bachelor degree participated in the study and completed a questionnaire which asked about different types of information sources and their demographic characteristics. The results showed that risk attitudes and GPA had no effect on the use of information sources for investment decision making. The findings also indicated that gender and type of business majors affected the use of information sources for investment decision making. In addition, there was an interaction between risk attitudes and gender affecting the use of information sources for investment decision making.

Authors

• Hossein Nouri, The College of New Jersey

• Abdus Shahid, The College of New Jersey