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Journal Of Corporate Finance Journal Impact 2019

Corporate Finance

Purpose The purpose of this article is to clarify the mechanism by which underconfidence heuristic-driven bias influences the short-time period and long-term investment choices of individual buyers, actively trading on the Pakistan Stock Exchange. Design/methodology/approach Investors’ underconfidence has been measured using a questionnaire, comprising quite a few gadgets, together with indicators of brief-time period and lengthy-time period investment choice. In order to establish the influence of underconfidence on the investment choices in each the short and future, a 5-point Likert scale questionnaire has been used to collect knowledge from the sample of 203 traders.

However, monetary accounting is the reporting of historical monetary data, while monetary management is worried with th...

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