Factors Affecting the Decision Making for Investment in Global Robotics Fund

Abstract

The purpose of this study was to discover the factors affecting the decision making for
investment in Global Robotics Fund along with the factors influencing the purchasing decision
to benefit investors, brokers, as well as private sector organizations and government agencies in
using the information to evaluate efficiency, create financial plans, and assist in risk management
in order to distribute financial resources and invest in various assets. This research employed
binary logistic regression analysis using the logit model to study correlations between dependent variables (having made decisions to invest and having never decided so) and independent
variables (individual data, risks, attitudes about investment, risk tolerance behavior, and others).
The data used in this study were primary data collected from a sample of 400 investors by means
of a questionnaire. The results show that there were more females than males and the majority
were between the ages of 30 and 40 years with bachelor degrees. It was found that various
variables in the model were correlated with statistically significant levels, that is, in terms of
behavioral factors, the sample unable to accept certain risks. Meanwhile, investment experience
factor, investment target factor, satisfaction with investment factor, personal service factor, and
other factors directly influenced the decisions of the sample to invest in Global Robotics Fund.