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The effect of financial attitude, financial behavior and subjective norm on stock investment intention

  • College of Management Mahidol University

Research output: Contribution to journalArticlepeer-review

13 Citations (Scopus)

Abstract

The focus of this study was on the behavioral aspect of investment. To understand the investment intention of stockholders, the objectives of this study aimed to investigate the relationship of several factors and their influence on the investors’ intention to invest in the stock market. The approach of this research was to apply the theory of reasoned action to explore the relationship among determinants of stock investment intention. The study aimed to explore the factors influencing stock investment intention, which is important to understand the intention of the stock investors regarding the determinants. The major determinants included financial attitude, financial behavior, and subjective norm indicating positive effects on stock investment intention. Managerial implications and directions for future research were provided. The contribution of this study is the scale of stock investment intention the authors developed.

Original languageEnglish
Pages (from-to)501-508
Number of pages8
JournalKasetsart Journal of Social Sciences
Volume42
Issue number3
DOIs
Publication statusPublished - 1 Jul 2021

Keywords

  • Financial attitude
  • Financial behavior
  • Stock investment intention
  • Subjective norm
  • Thailand

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