تأثیر برونگرایی و روانرنجوری بر نگرش ریسک، درک ریسک و انتظارات بازده سرمایهگذاران
محورهای موضوعی : مدیریت مالی بنگاههای اقتصادی
رحمان خانی گنبد
1
,
منصور گرکز
2
,
خدیجه اسلامی
3
,
علیرضا معطوفی
4
,
علی خوزین
5
1 - گروه حسابداری، واحد گرگان، دانشگاه آزاد اسلامی، گرگان، ایران.
2 - گروه حسابداری، واحد گرگان، دانشگاه آزاد اسلامی، گرگان، ایران.
3 - گروه حسابداری، واحد بندر گز، دانشگاه آزاد اسلامی، بندر گز، ایران.
4 - گروه حسابداری، واحد گرگان، دانشگاه آزاد اسلامی، گرگان، ایران.
5 - گروه حسابداری، واحد علیآباد کتول، دانشگاه آزاد اسلامی، علیآباد کتول، ایران.
کلید واژه: انتظارات بازده سرمایهگذاران, برونگرایی, بورس اوراق بهادار تهران, درک ریسک, روانرنجوری, نگرش ریسک,
چکیده مقاله :
هدف: هدف پژوهش حاضر بررسی تأثیر برونگرایی و روانرنجوری بر نگرش ریسک، درک ریسک و انتظارات بازده سرمایهگذاران در بورس اوراق بهادار تهران بوده است. این پژوهش در بازه زمانی مهرماه تا آذرماه 1402 انجام شده است. پژوهش انجام یافته کاربردی بوده و ماهیت پژوهش توصیفی، از نگاه نوع رویکرد، قیاسی از دید محیط انجام پژوهش از نوع میدانی است.
روششناسی پژوهش: پژوهش حاضر از نظر روش انجام، پژوهشی از نظر مطالعه، پیمایشی از نظر واحد تجزیهوتحلیل، افراد و از نظر افق زمانی انجام پژوهش از نوع مقطعی میباشد. جامعه آماری پژوهش حاضر سرمایهگذاران سازمان بورس اوراق بهادار تهران است. نمونهگیری به کمک روش نمونهگیری تصادفی انجام شد و حجم نمونه با استفاده از فرمول کوکران به تعداد ۳۸۴ نفر مشخص شد.
یافتهها: نتایج نشان داد برونگرایی و روانرنجوری بر درک ریسک، نگرش ریسک و انتظارات بازده سرمایهگذاران در بورس اوراق بهادار تهران تأثیر معناداری دارد.
اصالت / ارزشافزوده علمی: باتوجهبه نتایج این پژوهش، هم سرمایهگذاران بالفعل و بالقوه بورس اوراق بهادار تهران و هم فعالان بازار سرمایه میتوانند بر نتایج این پژوهش تکیه کرده و از مزایای آن برخوردار شوند. برایناساس، مدل رفتاری و همچنین عقلانیت سرمایهگذاران با نگرش به احساسات سرمایهگذار و ریسک بهبود یافت.
Objective: The objective of the present study was to examine the effect of extraversion and neuroticism on risk attitude, risk perception, and return expectations of investors in the Tehran Stock Exchange. This research was conducted during the period from October to December 2023. The study is applied in nature and, in terms of its methodological orientation, is descriptive; from the perspective of research approach, it is deductive; and with respect to the research setting, it is field-based.
Methodology: In terms of research method, the present study is a survey research. Regarding the unit of analysis, the study focuses on individuals, and in terms of the time horizon, it is cross-sectional. The statistical population of the study consists of investors in the Tehran Stock Exchange. Sampling was carried out using a simple random sampling method, and the sample size was determined to be 384 participants based on Cochran’s formula.
Findings: The results indicate that extraversion and neuroticism have a statistically significant effect on investors’ risk perception, risk attitude, and return expectations in the Tehran Stock Exchange.
Originality / Scientific Contribution: Based on the findings of this study, both actual and potential investors in the Tehran Stock Exchange, as well as capital market participants, can rely on the results and benefit from their implications. Accordingly, investors’ behavioral models and rationality can be improved by incorporating investor emotions and risk-related considerations.
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