scholarly journals Emotional Quotient and Intelligence Quotient on Behavioral Finance and Investment Performance

2014 ◽  
Vol 9 (2) ◽  
Author(s):  
Inriawati Parauba

Globalization is definitely demanding of the human resources that have the skills in every fields of works so that they can be compete in the business world. In order to deal with this globalization, it needs the skills that absolutely to be reached by continuous study process, which one of them is the accounting skill that’s very needed in the economy nowadays. In order to face this competition, education world especially accounting demanded to produce the high quality output or the graduates and ready to compete in the jobs world. This research aimed to prove the influence of intelligence quotient, emotional quotient, spiritual quotient, and study behavior towards understanding of accounting of the student of Economic and Business Faculty, Sam Ratulangi University. The analysis method is linier double regression. The result gives the conclusion that is the intelligence quotient, emotional quotient, spiritual quotient, and the study behavior simultaneously have influence towards understanding of accounting of the students of Economic and Bussines Faculty, Sam Ratulangi University, while partially, intelligence quotient, emotional quotient, spiritual quotient, and study behavior significantly have not the influence towards understanding of accounting of the student of Economic and Bussines Faculty, Sam Ratulangi University Manado.


2017 ◽  
Vol 16 (02) ◽  
pp. 573-590
Author(s):  
Ke Liu ◽  
Kin Keung Lai ◽  
Jerome Yen ◽  
Qing Zhu

Stock investors are not fully rational in trading and many behavioral biases that affect them. However, most of the literature on behavioral finance has put efforts only to explain empirical phenomena observed in financial markets; little attention has been paid to how individual investors’ trading performance is affected by behavioral biases. As against the common perception that behavioral biases are always detrimental to investment performance, we conjecture that these biases can sometimes yield better trading outcomes. Focusing on representativeness bias, conservatism and disposition effect, we construct a mathematical model in which the representative trend investor follows a Bayesian trading strategy based on an underlying Markov chain, switching beliefs between trending and mean-reversion. By this model, scenario analysis is undertaken to track investor behavior and performance under different patterns of market movements. Simulation results show the effect of biases on investor performance can sometimes be positive. Further, we investigate how manipulators could take advantage of investor biases to profit. The model’s potential for manipulation detection is demonstrated by real data of well-known manipulation cases.


2019 ◽  
Vol 10 (2) ◽  
pp. 229-238
Author(s):  
Cut Eva Nasryah ◽  
Arief Aulia Rahman

EQ is ability to recognize feelings of self and others, cooperate, motivate, and manage emotions and use these feelings to guide thoughts and actions to achieve a goal. Education in schools trains IQ rather than EQ on students. So that not a few students who are weak in self efficacy, self-regulation, not adaptive and innovative. Lack of Motivation, pessimism, and not being able to work with teams. For this reason, this study see the effectiveness of the Realistic Approach (RA) in developing student EQs. RA is one of the learning that is suitable in training students' EQs with a RA’s characteristic that trains students in teamwork to conduct guided discoveries, self-develop models, and can activate cognitive and affective abilities students through real-world activities and imaginable for students. This research was conducted in seventh grade junior high school in Aceh Barat with a purposive sampling using predetermined characteristics. Furthermore, EQ grouping is done based on the Likert scale Questioner 1-4 to determine the number of groupings of students who have high, medium and low EQ. Then the students were given treatment that is the learning process using a RA for 3 months of fractional material, it was found that there was an increase in students' abilities in the high category from 8% to 12%, the category was experiencing an increase of 20% to 28% and 32% and in the low category decreased from 72% to 60% and 56%. This shows that the RA has an impact on students' EQ growth.   Abstrak Emotional quotient (EQ) merupakan kemampuan mengenali perasaan diri dan orang lain, bekerjasama, memotivasi, dan mengelola emosi diri serta menggunakan perasaan tersebut dalam memandu pikiran dan tindakan demi mencapai suatu tujuan. Namun pendidikan di sekolah melatih intelligence Quotient (IQ) dari pada EQ terhadap siswa. Sehingga tidak sedikit siswa yang lemah dalam hal kepercayaan, Pengaturan diri, tidak adaptif dan inovatif. Kurangnya Motivasi, pesimis, dan tidak mampu bekerjasama dengan tim. Untuk itu penelitian ini bertujuan untuk melihat keefektifan realistic approach dalam menumbuhkembangkan EQ siswa di sekolah. Realistic approach merupakan salah satu pendekatan belajar yang cocok dalam melatih EQ siswa dengan karkateristik realistic approach yang melatih siswa dalam bekerjasama tim melakukan penemuan terbimbing, self-develop models, dan mampu mengaktifkan kemampuan kognitif dan afektif dalam diri siswa melalui kegiatan-kegiatan yang real-world dan imaginable bagi siswa. Penelitian ini dilakukan di SMP kelas VII di Aceh Barat dengan teknik pengambilan sampel purposive sampling menggunakan karakteristik yang telah ditentukan. Selanjutnya dilakukan pengelompokan EQ berdasarkan Questioner berskala likert 1-4 untuk menentukan jumlah pengelompokan siswa yang memiliki EQ tinggi, sedang dan rendah. Lalu siswa diberikan treatment yaitu proses pembelajaran mengggunakan realistic approach selama 3 bulan materi pecahan, didapat hasil bahwa terjadi peningkatan kemampuan siswa pada kategori tinggi yaitu dari 8% menjadi 12% pada uji coba I dan II, kategori sedang mengalami peningkatan 20% menjadi 28% dan 32% pada uji I dan II serta kategori rendah mengalami penurunan dari 72% menjadi 60% dan 56% pada uji coba I dan II. Hal ini menunjukkan bahwa realistic approach berdampak pada tumbuhkembang EQ siswa. Kata kunci: Pendekatan realistik, Emotional Quotient.


2019 ◽  
Vol 10 (02) ◽  
pp. 21401-21407
Author(s):  
Sapta Rini Widyawati ◽  
Ni Ketut Karwini

The purpose of this study was to determine the effect of intelligence quotient and emotional quotient on employee performance at PT. Karna Titian Sejahtera Denpasar. The design of this study is causal research which investigates the relationship between variables, which are independent the variables are intelligence quotient (X1) and emotional quotient (X2) and k inerja employees (Y) as the dependent variable. Determination of the sample in this study using a census, which is if all members of the population as many as 34 people used as samples. Data analysis using SPSS V.23 software . The analysis technique used is multiple linear regression, multiple correlation, determination, t test and F test. The result is that intelligence quotient has a positive and significant effect on employee performance, emotional quotient has a positive and significant effect on employee performance, intelligence quotient and emotional quotient simultaneously have a positive and significant effect on employee performance at PT. Karna Titian Sejahtera Denpasar.


2015 ◽  
Vol 14 (3) ◽  
pp. 537 ◽  
Author(s):  
Gizelle Willows ◽  
Darron West

Behavioral finance shows us that individuals do not always behave rationally, owing to certain behavioural biases. A certain bias known as overconfidence has been found to incite increased trading frequency which in turn, reduces the overall return earned. Behavioral biases manifest differently amongst men and women of different ages. Men and more overconfident and women are more risk averse, whilst the young hold more volatile portfolios and the more experienced display fewer of these biases. A sample of 19,021 individual investors from a South African investment house was analysed over five years in order to draw conclusions on the trading behaviour, returns earned and variances in these returns earned by men and women of different ages. The results showed women over the age of 60 years earning statistically significantly higher returns than men and older investors having lower variances in return. For investors of younger ages, no statistically significant difference in the returns earned by men and women are noted, however men were found to have higher variances of returns. Whilst the trading frequency of men is statistically significantly higher than women for the total sample of investors; this result is not consistent amongst the different age-groupings analysed.


Author(s):  
Nava R. Silton ◽  
Amanda Anzovino

This chapter delves into the history of emotional intelligence, from early allusions in the 1920s to contemporary times. It describes the various facets and components of emotional intelligence, discusses how it can be measured, and will discriminate between the emotional quotient (EQ) and the intelligence quotient (IQ) in terms of predicting future life success. The chapter then delineates key ingredients for becoming an emotionally intelligent parent and for promoting emotionally intelligent strategies in the home. Finally, the chapter concludes with comprehensive sections of how to foster emotional intelligence in the workplace and in the school system. The benefits of infusing emotional intelligence in the home, the school, and the workplace are emphasized and discussed.


2021 ◽  
Vol 1 (1) ◽  
pp. 1-29
Author(s):  
Andrew Lo ◽  
Alexander Remerov

We propose a heuristic approach to modeling investor behavior by simulating combinations of simpler systematic investment strategies associated with well-known behavioral biases—in functional forms motivated by an extensive review of the behavioral finance literature—using parameters calibrated from historical data. We compute the investment performance of these heuristics individually and in pairwise combinations using both simulated and historical asset-class returns. The mean-reversion or momentum nature of a heuristic can often explain its effect on performance, depending on whether asset returns are consistent with such dynamics. These algorithms show that seemingly irrational investor behavior may, in fact, have been shaped by evolutionary forces and can be effective in certain environments and maladaptive in others.


2019 ◽  
Vol 2 (2) ◽  
pp. 242
Author(s):  
Sri Hartati

This study aimed for finding out whether or not (1) there is a significant influence of intelligence quotient on students’ English achievement; (2) there is a significant influence of emotional quotient on students’ English achievement; (3) there is a significant influence of intelligence quotient and emotional quotient on students’ English achievement. The population of this study consisted of 223 students of the tenth grade student of senior high school 6 of Palembang. The sample was selected by using simple random sampling. The data were collected by using documentation, questionnaire, and tests. The data were analyzed by using descriptive statistic and inferential statistic (correlation and regression analyses), F-test for multiple correlation and t-test for partial correlation, significant 95% (0.05) by SPSS version 15. The result showed that there was a low correlation of intelligence quotient on students’ English achievement (r=0.364); there was a low correlation of emotional quotient on students’ English achievement (r=0.368); there was an enough correlation of intelligence quotient and emotional quotient on students’ English achievement (r=0.468). The influence of intelligence quotient was 0.133 (13.3%) on students’ English achievement. The influence of emotional quotient was 0.136 (13.6%) on students’ English achievement. The influence of intelligence quotient and emotional quotient were 0.219 (21.9%) on students’ English achievement. The variability of students’ English achievement could be explained 21.9% by intelligence quotient and emotional quotient. The rest (78.1%) was determined by other factors. 


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