Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2020 | 14 | nr 4 | 415--424
Tytuł artykułu

Determination of Long-term Investment Intentions : Moderating Role of Construal Priming

Treść / Zawartość
Warianty tytułu
Języki publikacji
The current study investigates long-term investment intentions by linking the moderating role of construal priming in the causal relationship to defensive pessimism, which is a novel approach. The data was collected from 450 employees of private institutions by means of questionnaires and PLS-SEM was used in analysis. The results indicated a positive relationship between defensive pessimism, self-control, consumer financial product bias, and long-term investment. In addition, negative moderation role of the level of construal priming was observed, along with the links of defensive pessimism and long-term investment. Thus, the study provides crucial contexts for understanding long-term investment intentions from a behavioral perspective, which is often ignored in the financial management literature. (original abstract)
Opis fizyczny
  • Universitas Esa Unggul, Indonesia
  • Universitas Esa Unggul, Indonesia
  • Universitas Padjadjaran, Indonesia
  • Agrawal, N., & Wan, E.W. (2009). Regulating risk or risking regulation construal levels and depletion effects in the processing of health messages. Journal of Consumer Research, 36, 448-462.
  • Baumeister, R.F., & Voch, K.D. (2016). Handbook of selfregulation: Research, theory, and application 3rd edition. The Guilford Press.
  • Bearden, W., Money, R.B., & Nevins, J. (2006). A measure of long term orientation: development and validation. Journal of the Academy of Marketing Science, 34(3), 456.
  • Belsky, G., & Gilovich, T. (1999). Why smart people make big money mistakes and how to correct them. Simon and Schuster.
  • Fishbein, M., & Ajzen, I. (1975). Belief, attitude, intention, and behavior: An introduction to theory and research. Addison-Wesley.
  • Ajzen, I., & Fishbein, M. (1980). Understanding attitudes and predicting social behavior. Prentice-Hall.
  • Bilan, Y., Hussain, H.I., Kot, S., Haseeb, M. and Jermisittiparsert, K. (2020). Sustainability and economic performance: Role of organizational learning and innovation. Engineering Economics, 31(1), 93-103.
  • Freitas, A. L., Gollwitzer, P., & Trope, Y. (2004). The influence of abstract and concrete mindsets on anticipating and guiding others' selfregulatory efforts. Journal of experimental social psychology, 40(6), 739-752.
  • Fujita, K., Trope, Y., Liberman, N., & Levin-Sagi, M. (2006). Construal levels and self-control. Journal of personality and social psychology, 90(3), 351-367.
  • Garcia, T. (1995). The role of motivational strategies in self-regulated learning. New Direction for Teaching and Learning, 63, 29-42.
  • Gollwitzer, P.M. (1990). Action phases and mindsets. In E. T. Higgins & R. M. Sorrentino (Eds.). Handbook of Motivation and Cognition, Vol.2. (pp. 53-92). Guilford Press.
  • Gollwitzer P.M, & Bayer, S. (1998). Metacognition in action: The importance of implementation intentions. Personality and Social Psychology Review, 2, 124-136.
  • Heckhausen, H. (1991). Motivation and action. Springer.
  • Higgins, R. (1996). Analysis for financial management. PT Indira.
  • Higgins, S., Hall, E., Wall, K., Woolner, P., & McCaughey, C. (2005). The impact of school environments: A literature review. Design Council.
  • Howlet, E., Kees, J.M., & Kemp, E. (2008). The role of self regulation, future orientation, and financial knowledge in long term financial decisions. Journal of Consumer Affairs, 42(2). 223-242.
  • Hoyle, Jr. L. (2006). Event marketing. PPM.
  • Hussain, M. S., Musa, M. M., & Omran, A. (2019). The impact of regulatory capital on risk taking by Pakistani banks. SEISENSE Journal of Management, 2(2), 94-103.
  • Hussain, H., I., Kot, S., Kamarudin, F., & Mun, W., C. (2020). The nexus of competition freedom and the efficiency of microfinance institutions. Journal of Competitiveness, 12(2), 67-89.
  • Joireman, J., Strathman, A., & Balliet, D.P. (2006). Considering future consequences: An integrative model. In L.J. Sanna & E. C. Chang (Eds.), Judgment over time. the interplay of thoughts, feelings, and behaviors (pp. 82-99). Oxford University Press.
  • Karahanna, E., Evaristo, J. R., & Srite, M. (2005). Levels of culture and individual behavior: an investigative perspective. Journal of Global Information Management (JGIM), 13(2), 1-20.
  • Kontan. (2009). Premi Industri Asuransi 2009 Tumbuh 20% dari. Kontan.
  • Lam, T., & Hsu, C. H. (2006). Predicting behavioral intention of choosing a travel destination. Tourism management, 27(4), 589-599.
  • Lasane, T. P., & Jones, J. M. (2000). When socially induced temporal myopia interferes with academic goal-setting. Journal of Social Behavior and Personality, 15(5), 75-86.
  • Liberman, N., & Trope, Y. (1998). The role of feasibility and desirability considerations in near and distant future decisions: A test of temporal construal theory. Journal of personality and social psychology, 75(1), 5.
  • Legenzova, R., Gaigalienė, A., & Jurakovaitė, O. (2019). Evaluation of the post-crisis EU banking network connectedness in the global context. Oeconomia Copernicana,, 1, 37-53.
  • Lieberman, J. R., Daluiski, A., & Einhorn, T. A. (2002). The role of growth factors in the repair of bone: biology and clinical applications. JBJS, 84(6), 1032-1044.
  • Malhotra, N. (2014). Basic marketing research. Pearson Education.
  • Muraven, M., & Baumeister, R. F. (2000). Self-regulation and depletion of limited resources: Does self-control resemble a muscle? Psychological bulletin, 126(2), 247.
  • Nawaz, M. A., & Hassan, S. (2016). Investment and tourism: Insights from the literature. Journal of Economic & Management Perspectives, 10(4), 581-590.
  • Norem, J.K. (2007). Defensive Pessimism as a Positive Self-Critical Tool. In E. C. Chang (Ed.), Selfcriticism and self-enhancement: theory, research, and clinical implications, (pp. 89-104).
  • Nussbaum, S., Trope, Y., & Liberman, N. (2003). Creeping dispositionism: The temporal dynamics of behavior prediction. Journal of personality and social psychology, 84(3), 485.
  • O'Guinn, T. C., & Faber, R. J. (1989). Compulsive buying: A phenomenological exploration. Journal of consumer research, 16(2), 147-157.
  • Pompian, M. M. (2012). Behavioral finance and investor types: managing behavior to make better investment decisions. John Wiley & Sons.
  • Ritter, J. R . (2003). Behavioral finance. Pacific-Basin Finance Journal, 11(4), 429-437.
  • Saudi, M. H. M., Sinaga, H. O., & Roespinoedji, D. S. (2018). The role of tax education in supply chain management a case of Indonesian supply chain companies. Polish Journal of Management Studies, 18, 304-319.
  • Schiffman, L.G., & Kanuk, L.L. (2013). Consumer Behavior, 8th edition. Prentice Hall.
  • Selnow, G.W. (2003). Motivating retirement planning: problems and solutions. Pension Research Council Working Paper. The University of Pennsylvania.
  • Skare, M., & Porada-Rochoń, M. (2019). Financial and economic development link in transitional economies: A spectral Granger causality analysis 1991-2017. Oeconomia Copernicana, 10(1), 7-35.
  • Trope, Y., & Liberman, N. (2003). Temporal construal theory of intertemporal judgment and decision. In Loewenstein G, Read D, & Baumeister R, (Eds.), Time and choice: Economic and psychological perspectives on intertemporal choice (pp. 217-240). Sage.
  • Vohs, K. D., & Faber, R. J. (2007). Spent resources: Selfregulatory resource availability affects impulse buying. Journal of consumer research, 33(4), 537-547.
  • Yardanova, K. (2007). Mobile learning and integration of advanced technologies in education. International Conference on Computer Systems and Technologies. 14-15.
  • Warżała, R. (2014). The impact of business cycles on the foreign direct investment inflows to Poland. Equilibrium. Quarterly Journal of Economics and Economic Policy, 9(2), 25-39.
  • Wiener, J., & Doescher, T. (2008). a framework for promoting retirement savings. Journal of Consumer Affairs, 42(2), 137-164.
  • Zimbardo, P., & Boyd, J. (1999). Putting Time in Perspective: a valid, reliable, individual-differences metric. Journal of Personality and Social Psychology, 77(6), 1271-1288.
Typ dokumentu
Identyfikator YADDA

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.