An empirical investigation of fund managers’ religiosity level during investment decisions

This study investigates investors’ confidence in the Malaysian stock market based on the notion that stocks are the best investment avenue for long-term investors, who can just buy and hold through the ups and downs of the market. In addition, it also examines the role of investors’ religiosity duri...

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Main Authors: Jaiyeoba, Haruna Babatunde, Adewale, Abideen Adeyemi, Haron, Razali
Format: Conference or Workshop Item
Language:English
English
Published: 2017
Subjects:
Online Access:http://irep.iium.edu.my/59960/
http://irep.iium.edu.my/59960/
http://irep.iium.edu.my/59960/1/IIFWMF-10.pdf
http://irep.iium.edu.my/59960/2/IIFWMF-10P.pdf
id iium-59960
recordtype eprints
spelling iium-599602017-12-13T02:26:02Z http://irep.iium.edu.my/59960/ An empirical investigation of fund managers’ religiosity level during investment decisions Jaiyeoba, Haruna Babatunde Adewale, Abideen Adeyemi Haron, Razali HG Finance HG4501 Stocks, investment, speculation This study investigates investors’ confidence in the Malaysian stock market based on the notion that stocks are the best investment avenue for long-term investors, who can just buy and hold through the ups and downs of the market. In addition, it also examines the role of investors’ religiosity during investment decisions. To achieve these objectives, survey questionnaire was developed by the researchers and completed by 366 stock market investors, including fund managers and retail investors. Using several suitable analyses, we have concluded, though with caution, that stock market investors have confidence in the Malaysian stock market as the best investment avenue in the country. Moreover, this study has also shown that highly religious investors hold firmly to their religion guidelines when making investment decisions compared to other investors in the lowest category; more so, ethical businesses and being socially responsible are other factors found important to the investors before selecting company for investment reasons. As a result, discussions are made, implications are offered, and recommendations for future studies are discussed. 2017-05-02 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/59960/1/IIFWMF-10.pdf application/pdf en http://irep.iium.edu.my/59960/2/IIFWMF-10P.pdf Jaiyeoba, Haruna Babatunde and Adewale, Abideen Adeyemi and Haron, Razali (2017) An empirical investigation of fund managers’ religiosity level during investment decisions. In: International Islamic Fund And Wealth Management Forum (IIFWMF), 2nd-3rd May 2017, Kuala Lumpur. (Unpublished) http://www.iium.edu.my/iiibf/international-islamic-fund-wealth-management-forum-iifwmf
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HG Finance
HG4501 Stocks, investment, speculation
spellingShingle HG Finance
HG4501 Stocks, investment, speculation
Jaiyeoba, Haruna Babatunde
Adewale, Abideen Adeyemi
Haron, Razali
An empirical investigation of fund managers’ religiosity level during investment decisions
description This study investigates investors’ confidence in the Malaysian stock market based on the notion that stocks are the best investment avenue for long-term investors, who can just buy and hold through the ups and downs of the market. In addition, it also examines the role of investors’ religiosity during investment decisions. To achieve these objectives, survey questionnaire was developed by the researchers and completed by 366 stock market investors, including fund managers and retail investors. Using several suitable analyses, we have concluded, though with caution, that stock market investors have confidence in the Malaysian stock market as the best investment avenue in the country. Moreover, this study has also shown that highly religious investors hold firmly to their religion guidelines when making investment decisions compared to other investors in the lowest category; more so, ethical businesses and being socially responsible are other factors found important to the investors before selecting company for investment reasons. As a result, discussions are made, implications are offered, and recommendations for future studies are discussed.
format Conference or Workshop Item
author Jaiyeoba, Haruna Babatunde
Adewale, Abideen Adeyemi
Haron, Razali
author_facet Jaiyeoba, Haruna Babatunde
Adewale, Abideen Adeyemi
Haron, Razali
author_sort Jaiyeoba, Haruna Babatunde
title An empirical investigation of fund managers’ religiosity level during investment decisions
title_short An empirical investigation of fund managers’ religiosity level during investment decisions
title_full An empirical investigation of fund managers’ religiosity level during investment decisions
title_fullStr An empirical investigation of fund managers’ religiosity level during investment decisions
title_full_unstemmed An empirical investigation of fund managers’ religiosity level during investment decisions
title_sort empirical investigation of fund managers’ religiosity level during investment decisions
publishDate 2017
url http://irep.iium.edu.my/59960/
http://irep.iium.edu.my/59960/
http://irep.iium.edu.my/59960/1/IIFWMF-10.pdf
http://irep.iium.edu.my/59960/2/IIFWMF-10P.pdf
first_indexed 2023-09-18T21:25:00Z
last_indexed 2023-09-18T21:25:00Z
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