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Journal of Finance & Economics Research - Volume 5, Issue 1 2020
By Ayesha Hasib
10.20547/jfer2005102
Keywords: Personality traits; perceived investment performance; social influence.
The purpose of this paper is to investigate the effects of personality traits on the perceived investment performance. Also, it assesses the mediating effects of social influence between personality traits and investment performance. The total sample of 277 are gathered from different individuals who have investment experience. PLS-SEM was used to test the hypothesis, findings suggest that personality traits have a positive and significant impact on perceived investment performance. It is also found that personality traits have positive and significant effect on social influence. Similarly, social influence has positive and significant effects on perceived investment performance. Besides the direct relationships, it is found that social influence plays a complimentary mediating role between personality traits and perceived investment performance. Results suggest that awareness session should be conducted to engage investors with different personality traits.