The Relationship Between Heuristics Behaviour and Investment Performance on Debt Securities in Johor

Oh Sing Tin, Joseph Wee-Siong Hii


Oh Sing Tin

Faculty of Business, Raffles University, Malaysia.
Email: ohsingtin96@gmail.com

*Joseph Wee-Siong Hii

IUMW Business School, International University of Malaya-Wales, Malaysia
Email: josephhii007@gmail.com

Abstract

Debt securities and bond market have been increasing in demand the investment performance of debt securities were less studied by the scholars. This study aims to examine the relationship between the dimensions of the heuristic behaviors (anchoring, availability, overconfidence and representativeness) and investment performance on debt securities in Johor. The findings shown that availability and representativeness have significant relationship with the investment performance of debt securities while the anchoring and overconfidence have no significant relationship with the investment performance of debt securities.

Key word: Debt Securities, Heuristic Behaviors, Anchoring, Availability, Overconfidence, Representativeness, Investment Performance

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