Munich Personal RePEc Archive

Determinants of short term invetment decision making

Akhtar, Muhammad Naeem and Rehman, Kashif-Ur- and Hunjra, Ahmed Imran (2010): Determinants of short term invetment decision making. Published in: ACTUAL PROBLEMS OF ECONOMIICS No. 11 (2011): pp. 356-363.

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Abstract

This study examines the impact of financial literacy, accounting information, openness to experience and information asymmetry on the shortterm investment decisionmaking of the stock market investors. For this purpose 23item questionnaire was developed and distributed among 185 stock market investors through nonprobability sampling. The results indicate that all these factors have a significant effect on the shortterm investment decisionmaking. Results also indicate that individual investors with higher educational qualifications have more intentions for shortterm investments as compared to the investors with other qualifications.

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