Determinants of herding behaviour on financial decisions: a theory of planned behaviour
This study analyses factors that influence herding behaviour among university lecturers in Malaysia. The quantitative approach is adopted through questionnaires and the theory of Planned Behaviour is chosen to identify the significant factors that influence individuals’ herding behaviour in making a...
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World Academy of Islamic Management (WAIM)
2022
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Online Access: | http://irep.iium.edu.my/101626/7/101626_Determinants%20of%20herding%20behaviour%20on%20financial%20decisions.pdf http://irep.iium.edu.my/101626/ http://publications.waim.my/index.php/jims/article/view/209/92 |
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my.iium.irep.1016262022-12-05T07:22:23Z http://irep.iium.edu.my/101626/ Determinants of herding behaviour on financial decisions: a theory of planned behaviour Che Mohd Salleh, Marhanum Mohd Nasarudin, Ahmad Fawwaz Chowdhury, Mohammad Abdul Matin HG3368 Islamic Banking and Finance HG4501 Stocks, investment, speculation This study analyses factors that influence herding behaviour among university lecturers in Malaysia. The quantitative approach is adopted through questionnaires and the theory of Planned Behaviour is chosen to identify the significant factors that influence individuals’ herding behaviour in making a financial decision with the sample of 125 university lecturers. The data were analysed using multiple regression analysis. Overall, attitude and behavioural control are found to have a significant influence towards individuals’ herding behaviour. The findings from this study indicate the unfavourable attitude towards herding behaviour among lecturers which lessens the possibility of engagement of individuals in financially related herding activities. Hence, behavioural control is found significantly influence the individuals’ herding behaviour. The findings elucidate the positive impact of behavioural control towards any individual’s financial decision including herding. It indicates that financial institutions that have strong marketing approaches and skills may influence individuals’ financial decision-making. World Academy of Islamic Management (WAIM) 2022-11-16 Article PeerReviewed application/pdf en http://irep.iium.edu.my/101626/7/101626_Determinants%20of%20herding%20behaviour%20on%20financial%20decisions.pdf Che Mohd Salleh, Marhanum and Mohd Nasarudin, Ahmad Fawwaz and Chowdhury, Mohammad Abdul Matin (2022) Determinants of herding behaviour on financial decisions: a theory of planned behaviour. Journal of Islamic Management Studies, 4 (2). pp. 54-67. E-ISSN 2600-7126 http://publications.waim.my/index.php/jims/article/view/209/92 |
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HG3368 Islamic Banking and Finance HG4501 Stocks, investment, speculation |
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HG3368 Islamic Banking and Finance HG4501 Stocks, investment, speculation Che Mohd Salleh, Marhanum Mohd Nasarudin, Ahmad Fawwaz Chowdhury, Mohammad Abdul Matin Determinants of herding behaviour on financial decisions: a theory of planned behaviour |
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This study analyses factors that influence herding behaviour among university lecturers in Malaysia. The quantitative approach is adopted through questionnaires and the theory of Planned Behaviour is chosen to identify the significant factors that influence individuals’ herding behaviour in making a financial decision with the sample of 125 university lecturers. The data were analysed using multiple regression analysis. Overall, attitude and behavioural control are found to have a significant influence towards individuals’ herding behaviour. The findings from this study indicate the unfavourable attitude towards herding behaviour among lecturers which lessens the possibility of engagement of individuals in financially related herding activities. Hence, behavioural control is found significantly influence the individuals’ herding behaviour. The findings elucidate the positive impact of behavioural control towards any individual’s financial decision including herding. It indicates that financial institutions that have strong marketing approaches and skills may influence individuals’ financial decision-making. |
format |
Article |
author |
Che Mohd Salleh, Marhanum Mohd Nasarudin, Ahmad Fawwaz Chowdhury, Mohammad Abdul Matin |
author_facet |
Che Mohd Salleh, Marhanum Mohd Nasarudin, Ahmad Fawwaz Chowdhury, Mohammad Abdul Matin |
author_sort |
Che Mohd Salleh, Marhanum |
title |
Determinants of herding behaviour on financial decisions: a theory of planned behaviour |
title_short |
Determinants of herding behaviour on financial decisions: a theory of planned behaviour |
title_full |
Determinants of herding behaviour on financial decisions: a theory of planned behaviour |
title_fullStr |
Determinants of herding behaviour on financial decisions: a theory of planned behaviour |
title_full_unstemmed |
Determinants of herding behaviour on financial decisions: a theory of planned behaviour |
title_sort |
determinants of herding behaviour on financial decisions: a theory of planned behaviour |
publisher |
World Academy of Islamic Management (WAIM) |
publishDate |
2022 |
url |
http://irep.iium.edu.my/101626/7/101626_Determinants%20of%20herding%20behaviour%20on%20financial%20decisions.pdf http://irep.iium.edu.my/101626/ http://publications.waim.my/index.php/jims/article/view/209/92 |
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1751535948294782976 |
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13.211869 |