Examining the Effects of Presentation Patterns, Orders, and Information Types in Investment Decision Making

  • Luciana Spica Almilia Perbanas Banking and Business College
  • Jogiyanto Hartono Universitas Gadjah Mada
  • Supriyadi Supriyadi Universitas Gadjah Mada
  • Ertambang Nahartyo Universitas Gadjah Mada
Keywords: presentation patterns, orders, decision making

Abstract

This study aims to investigate the existence of Belief Model (BAM) developed by Hogarth and Einhorn (1992) in investment decision making. Particulary, this study examined: the effects of presentation patterns, presentation orders, and information types (accounting or non-accounting information) in investment decision making. This study used laboratory experiment to test the hypotheses. Hypotheses were tested using t-test. This study showed a “judgement bias” that is a recency which the effect of presentation pattern is consecutive is higher than unconsecutively.

Author Biographies

Luciana Spica Almilia, Perbanas Banking and Business College

ALMILIA, Luciana S. holds Master of Science and PhD on Accounting Department at Universitas Gadjah Mada, Indonesia. She is a Lecturer in the Accounting Department, Perbanas Banking and Business College, Surabaya, Indonesia. Her research interest is in the fields of information system and financial accounting. She had conducted some International journal publications, such as in International Journal of Business Information Systems; Journal of Indonesia Economic and Business; University of the Thai Chamber of Commerce – International Journal of Business and Economics; and Accounting and Taxation.
    Author contact’s details: STIE PERBANAS SURABAYA, Jl. Nginden Semolo 34-36 Surabaya 60118, Indonesia; Phone: +62 31 591 2611-2, 594 7151-2; Fax: +62 31 593 5937; E-mail: almilia_spica@yahoo.com.

Jogiyanto Hartono, Universitas Gadjah Mada

HARTONO, Jogiyanto is a Professor in Information Systems in the Department of Accounting, at the Faculty of Economics and Business, Universitas Gadjah Mada, Indonesia. He earned his MBA in Information Systems from Western Michigan University and his Ph.D. in Accounting from Temple University, U.S.A. Now, he chairs the Magister Management Program at the Faculty of Economics and Business, Universitas Gadjah Mada, Yogyakarta, Indonesia. He published books in Financial and Information Systems.
    Author contact’s details: Master of Management Program, Faculty of Economics and Business, Universitas Gadjah Mada, Jl. Teknika Utara 1, Yogyakarta 55281, Indonesia; Phone: +62 274 562222, 511036; Fax. +62 274 564388; E-mail: jogiyanto_hm@ugm.ac.id.

Supriyadi Supriyadi, Universitas Gadjah Mada

SUPRIYADI is a Senior Lecturer in the Department of Accounting, at the Faculty of Economics and Business, Universitas Gadjah Mada, Yogyakarta, Indonesia. He received his Ph.D. in Accounting from the University of Kentucky, U.S.A. His research interest is in the area of behavioral accounting in the fields of managerial accounting, taxation, information system, auditing, and financial accounting.
    Author contact’s details: Faculty of Economics and Business, Universitas Gadjah Mada, Yogyakarta, Indonesia; Phone: +62 274 548510; E-mail: pri@mmugm.ac.id.

Ertambang Nahartyo, Universitas Gadjah Mada

NAHARTYO, Ertambang is a Senior Lecturer in the Department of Accounting, at the Faculty of Economics and Business, Universitas Gadjah Mada, Yogyakarta, Indonesia. He received his Ph.D. in Accounting from the University of Kentucky, U.S.A. His research interest is in the area of behavioral accounting in the fields of managerial accounting, taxation, and auditing.
    Author contact’s details: Faculty of Economics and Business of Universitas Gadjah Mada, Yogyakarta, Indonesia; Phone: +62 274 548510; E-mail: ertambang@mail.ugm.ac.id.

References

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Published
2013-06-12
How to Cite
Almilia, L. S., Hartono, J., Supriyadi, S., & Nahartyo, E. (2013). Examining the Effects of Presentation Patterns, Orders, and Information Types in Investment Decision Making. Gadjah Mada International Journal of Business, 15(2), 171-182. Retrieved from https://journal.ugm.ac.id/v3/gamaijb/article/view/15389
Issue
Vol 15 No 2 (2013): May-August
Section
Articles

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