Evidence map›Paper›PMID 30671010›Full record

ArticleFrontiers in psychology2018

Financial Self-Efficacy and Disposition Effect in Investors: The Mediating Role of Versatile Cognitive Style.

Song Tang, Shimin Huang, Jia Zhu, Rui Huang, Zilong Tang, Jianping Hu

Abstract read
In one paragraph

Article in Frontiers in psychology, 2018. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 3 papers.

0numbers the graph read from it
0cells of the map it votes in
3citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

3 citing papers in PubMed.

  1. Article
  2. Article
  3. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

6 authors.

Song TangLaboratory for Behavioral and Regional Finance, Guangdong University of Finance, Guangzhou, China.
Shimin HuangLaboratory for Behavioral and Regional Finance, Guangdong University of Finance, Guangzhou, China.
Jia ZhuLaboratory for Behavioral and Regional Finance, Guangdong University of Finance, Guangzhou, China.
Rui HuangLaboratory for Behavioral and Regional Finance, Guangdong University of Finance, Guangzhou, China.
Zilong TangLaboratory for Behavioral and Regional Finance, Guangdong University of Finance, Guangzhou, China.
Jianping HuLaboratory for Behavioral and Regional Finance, Guangdong University of Finance, Guangzhou, China.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

The disposition effect refers to the tendency of investors to sell winners too early and hold on to losers too long, which is one of the most documented and robust decision biases. However, few studies have looked beyond demographic and social factors on the disposition effect. The current study investigated the association between financial self-efficacy (FSE) (one's belief about their personal capability in ultimate financial goals achieving), versatile cognitive style (an individual's capability in deploying the experiential or rational mode in ways that are contextually appropriate), and the disposition effect. A total of 285 employees from finance-related business completed anonymous questionnaires regarding FSE, rational-experiential inventory, and the disposition effect. Our findings revealed that FSE was significantly and positively associated with versatile cognitive style and the disposition effect. Further, versatile cognitive style partially mediated the relationship between FSE and the disposition effect. Our findings provide valuable guidance for individual investors to make financial decisions based on their characteristics.

Indexed as

decision makingdisposition effectfinancial self-efficacyindividual differencesversatile cognitive style

Identifiers

PMID30671010
PMCPMC6331392

What OpenQuestion holds

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LicenceCC BY
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.