The effect of emotional intelligence on the financial behavior of investors in the Tehran Stock Exchange
DOI:
https://doi.org/10.24200/jmas.vol2iss02pp1-6Abstract
The present study evaluates the effect of emotional intelligence on the financial behavior of investors known as orientation. Methodology: This study has a descriptive-correlation nature. The statistical population consisted of investors of Tehran stock exchange in the first 6- month period (interval) of 1394. Data collection instruments are questionnaire including demographic questions, Bar-On EQ and Pompeian financial behavior that were distributed between natural and legal investors which are active in Tehran stock exchange. The results were analyzed using the Spearman correlation tests in the SPSS software version 21. Results: The results show that emotional intelligence has a direct and positive effect on orientation such as prediction over confidence, certainty over confidence, ambiguity aversion bias, status quo bias, recency bias, Conclusion: and it also has a negative and inverse (indirect) effect on orientations such as sample size neglect, availability bias, optimism, mental accounting, base rate neglect, anchoring and adjustment and in other cases not has been seen any significant relationship.References
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