Assessing the Variables of Personal Characteristics Affecting the Formation of Investment Intentionality: Case of Unit Trust

  • Kwe Lu Tan Universiti Tenaga Nasional, Kampus Sultan Haji Ahmad Shah, 26700 Bandar Muadzam Shah, Pahang, Malaysia.
  • Azlina Abdullah Universiti Tenaga Nasional, Kampus Sultan Haji Ahmad Shah, 26700 Bandar Muadzam Shah, Pahang, Malaysia.
  • Nurul Wahilah Abdul Latif Universiti Tenaga Nasional, Kampus Sultan Haji Ahmad Shah, 26700 Bandar Muadzam Shah, Pahang, Malaysia.
  • Wei Kiong Irene Ting Universiti Tenaga Nasional, Kampus Sultan Haji Ahmad Shah, 26700 Bandar Muadzam Shah, Pahang, Malaysia.

Abstract

The paper examines the personal characteristics on unit trust investment among working adults in Malaysia. Specifically the objective of the study to investigate empirically the extent to which the personal traits contribute to the intention to invest in unit trust. Structured questionnaires were deployed to various strategic locations in Malaysia randomly and conveniently selected. The personal characteristics were classified into work ethic, pursuit of excellence, mastery, dominance, internal attributing factor, chance attributing factor and powerful others. The coefficient of determination R2 shows that 13.8% of the variance of intention to invest is explained by the variance of work ethics, excellence, mastery, dominance, chance attributing, internal attributing and powerful others.

Published
2017-02-14
How to Cite
TAN, Kwe Lu et al. Assessing the Variables of Personal Characteristics Affecting the Formation of Investment Intentionality: Case of Unit Trust. Terengganu International Finance and Economics Journal (TIFEJ), [S.l.], v. 2, n. 2, p. 75 - 82, feb. 2017. ISSN 2232-0539. Available at: <https://myjms.mohe.gov.my/index.php/tifej/article/view/1605>. Date accessed: 19 june 2024.
Section
Articles