{"id":"https://openalex.org/W2215749160","doi":"https://doi.org/10.59588/2243-786x.1318","title":"Risk Information Impact on Investment Decisions: Experimental Test of PMM Theory, a Case of Indonesia","display_name":"Risk Information Impact on Investment Decisions: Experimental Test of PMM Theory, a Case of Indonesia","publication_year":2013,"publication_date":"2013-07-01","ids":{"openalex":"https://openalex.org/W2215749160","doi":"https://doi.org/10.59588/2243-786x.1318","mag":"2215749160"},"language":"en","primary_location":{"id":"doi:10.59588/2243-786x.1318","doi":"https://doi.org/10.59588/2243-786x.1318","is_oa":true,"landing_page_url":"https://doi.org/10.59588/2243-786x.1318","pdf_url":"https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1318&context=ber","source":{"id":"https://openalex.org/S4210189729","display_name":"DLSU Business & Economics Review","issn_l":"0116-7111","issn":["0116-7111","2243-786X"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["poland-20","russia-white-list-3"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"DLSU Business &amp; Economics Review","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1318&context=ber","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5068165827","display_name":"Negina Kencono Putri","orcid":"https://orcid.org/0000-0003-4501-6957","observed_orcids":["https://orcid.org/0000-0003-4501-6957"]},"institutions":[{"id":"https://openalex.org/I261079859","display_name":"Jenderal Soedirman University","ror":"https://ror.org/02fckb719","country_code":"ID","type":"education","lineage":["https://openalex.org/I261079859"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Negina Kencono Putri","raw_affiliation_strings":["Jenderal Soedirman University, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Jenderal Soedirman University, Indonesia","institution_ids":["https://openalex.org/I261079859"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5023645420","display_name":"Zaki Baridwan","orcid":"https://orcid.org/0000-0003-1197-1278","observed_orcids":["https://orcid.org/0000-0003-1197-1278","https://orcid.org/0009-0007-6692-1039"]},"institutions":[{"id":"https://openalex.org/I165230279","display_name":"Universitas Gadjah Mada","ror":"https://ror.org/03ke6d638","country_code":"ID","type":"education","lineage":["https://openalex.org/I165230279"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Zaki Baridwan","raw_affiliation_strings":["Gadjah Mada University, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Gadjah Mada University, Indonesia","institution_ids":["https://openalex.org/I165230279"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100746780","display_name":"Supriyadi Supriyadi","orcid":"https://orcid.org/0000-0003-4757-4768","observed_orcids":["https://orcid.org/0000-0003-4757-4768"]},"institutions":[{"id":"https://openalex.org/I165230279","display_name":"Universitas Gadjah Mada","ror":"https://ror.org/03ke6d638","country_code":"ID","type":"education","lineage":["https://openalex.org/I165230279"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"-- Supriyadi","raw_affiliation_strings":["Gadjah Mada University, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Gadjah Mada University, Indonesia","institution_ids":["https://openalex.org/I165230279"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036089114","display_name":"Ertambang Nahartyo","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I165230279","display_name":"Universitas Gadjah Mada","ror":"https://ror.org/03ke6d638","country_code":"ID","type":"education","lineage":["https://openalex.org/I165230279"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Ertambang Nahartyo","raw_affiliation_strings":["Gadjah Mada University, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Gadjah Mada University, Indonesia","institution_ids":["https://openalex.org/I165230279"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":2,"citation_normalized_percentile":{"value":0.1453683,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":"23","issue":"1","first_page":"1","last_page":"1"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.0007999999797903001,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13744","display_name":"Financial Literacy and Behavior","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/framing-effects","display_name":"framing effects","score":0.7599999904632568},{"id":"https://openalex.org/keywords/investment-decisions","display_name":"investment decision-making","score":0.7879999876022339},{"id":"https://openalex.org/keywords/risk-aversion","display_name":"risk aversion","score":0.7749999761581421},{"id":"https://openalex.org/keywords/loss-aversion","display_name":"loss aversion","score":0.6629999876022339},{"id":"https://openalex.org/keywords/risk-disclosure","display_name":"risk disclosure","score":0.44999998807907104},{"id":"https://openalex.org/keywords/financial-analysts","display_name":"financial analysts","score":0.8080000281333923},{"id":"https://openalex.org/keywords/accounting-information","display_name":"accounting information","score":0.44699999690055847}],"concepts":[{"id":"https://openalex.org/C169087156","wikidata":"https://www.wikidata.org/wiki/Q2131593","display_name":"Framing (construction)","level":2,"score":0.701887309551239},{"id":"https://openalex.org/C339426","wikidata":"https://www.wikidata.org/wiki/Q1151839","display_name":"Prospect theory","level":2,"score":0.660694420337677},{"id":"https://openalex.org/C136714292","wikidata":"https://www.wikidata.org/wiki/Q1440683","display_name":"Framing effect","level":3,"score":0.6026084423065186},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.5764015316963196},{"id":"https://openalex.org/C49937458","wikidata":"https://www.wikidata.org/wiki/Q2599292","display_name":"Probabilistic logic","level":2,"score":0.517716646194458},{"id":"https://openalex.org/C2778174566","wikidata":"https://www.wikidata.org/wiki/Q2874240","display_name":"Loss aversion","level":2,"score":0.4738103449344635},{"id":"https://openalex.org/C28901747","wikidata":"https://www.wikidata.org/wiki/Q177571","display_name":"Decision theory","level":2,"score":0.459000825881958},{"id":"https://openalex.org/C159144042","wikidata":"https://www.wikidata.org/wiki/Q1107958","display_name":"Mental accounting","level":2,"score":0.45689699053764343},{"id":"https://openalex.org/C2778865806","wikidata":"https://www.wikidata.org/wiki/Q6060850","display_name":"Investment decisions","level":3,"score":0.4520525634288788},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.36280250549316406},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.359111487865448},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.35250866413116455},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.29553937911987305},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.20937684178352356},{"id":"https://openalex.org/C109574028","wikidata":"https://www.wikidata.org/wiki/Q647525","display_name":"Behavioral economics","level":2,"score":0.1900312304496765},{"id":"https://openalex.org/C2781310500","wikidata":"https://www.wikidata.org/wiki/Q1231428","display_name":"Persuasion","level":2,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C66938386","wikidata":"https://www.wikidata.org/wiki/Q633538","display_name":"Structural engineering","level":1,"score":0.0},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.59588/2243-786x.1318","doi":"https://doi.org/10.59588/2243-786x.1318","is_oa":true,"landing_page_url":"https://doi.org/10.59588/2243-786x.1318","pdf_url":"https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1318&context=ber","source":{"id":"https://openalex.org/S4210189729","display_name":"DLSU Business & Economics Review","issn_l":"0116-7111","issn":["0116-7111","2243-786X"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["poland-20","russia-white-list-3"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"DLSU Business &amp; Economics Review","raw_type":"journal-article"},{"id":"mag:2215749160","doi":null,"is_oa":false,"landing_page_url":"https://ejournals.ph/article.php?id=6470","pdf_url":null,"source":{"id":"https://openalex.org/S4210189729","display_name":"DLSU Business & Economics Review","issn_l":"0116-7111","issn":["0116-7111","2243-786X"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["poland-20","russia-white-list-3"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Dlsu Business & Economics Review","raw_type":null}],"best_oa_location":{"id":"doi:10.59588/2243-786x.1318","doi":"https://doi.org/10.59588/2243-786x.1318","is_oa":true,"landing_page_url":"https://doi.org/10.59588/2243-786x.1318","pdf_url":"https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1318&context=ber","source":{"id":"https://openalex.org/S4210189729","display_name":"DLSU Business & Economics Review","issn_l":"0116-7111","issn":["0116-7111","2243-786X"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["poland-20","russia-white-list-3"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"DLSU Business &amp; Economics Review","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2215749160.pdf","grobid_xml":"https://content.openalex.org/works/W2215749160.grobid-xml"},"referenced_works_count":16,"referenced_works":["https://openalex.org/W158727920","https://openalex.org/W1602568011","https://openalex.org/W1856327490","https://openalex.org/W1998146746","https://openalex.org/W1998740918","https://openalex.org/W2000021217","https://openalex.org/W2054359618","https://openalex.org/W2080612551","https://openalex.org/W2096452841","https://openalex.org/W2119240992","https://openalex.org/W2120332957","https://openalex.org/W2133469585","https://openalex.org/W2150234857","https://openalex.org/W2157323155","https://openalex.org/W3121942760","https://openalex.org/W3122373598"],"related_works":["https://openalex.org/W1596203978","https://openalex.org/W7117736864","https://openalex.org/W2925129249","https://openalex.org/W2603810673","https://openalex.org/W2899273091","https://openalex.org/W3118150655","https://openalex.org/W2999817670","https://openalex.org/W2905489632","https://openalex.org/W823632260","https://openalex.org/W2728994113"],"abstract_inverted_index":{"The":[0,32,81,126],"aim":[1],"of":[2,17,24,60,108,149,178,184,230,236],"this":[3,185],"study":[4,33,186,240],"is":[5,91,99,157,187],"to":[6,55,87,121,130,166,192,194,214,217,243,250],"examine":[7],"the":[8,18,22,63,68,74,77,96,112,147,163,176,189,195,219,228,248],"Probabilistic":[9],"Mental":[10],"Model":[11],"(PMM)":[12],"Theory":[13],"as":[14,50,71,175],"an":[15,37,179],"explanation":[16],"framing":[19,69,196,231],"effect":[20,70,197],"in":[21,27,30,100,135,159,208,224,232,246],"context":[23],"reporting":[25],"risk":[26,61,94,113,139,148,155,252],"different":[28,58,204,210],"formats":[29,59],"Indonesia.":[31],"was":[34],"conducted":[35,54],"using":[36],"online":[38],"field":[39],"experimental":[40],"method":[41],"with":[42,67,202],"3x4x2":[43],"mixed":[44],"design,":[45],"involving":[46],"54":[47],"investment":[48,78,127,180],"analysts":[49],"participants.":[51],"Experiments":[52],"were":[53],"test":[56],"whether":[57],"information\u2014given":[62],"time":[64],"sequence":[65],"associated":[66],"explained":[72],"by":[73,227,254],"PMM":[75],"Theory\u2014influence":[76],"decision-making":[79,225],"process.":[80],"results":[82,177],"show":[83],"that":[84,90,110,145,169,172,188],"participants":[85,164],"chose":[86,165],"take":[88],"action":[89],"not":[92,116,142],"at":[93],"when":[95],"information":[97,109,114,156],"presented":[98,158],"a":[101,106,136,160,199,203,209,233],"positive":[102,137],"frame.":[103],"Gains":[104],"or":[105],"loss":[107],"accompanies":[111],"does":[115],"affect":[117],"participants\u2019":[118],"decision":[119,144],"relating":[120],"investments":[122],"they":[123,151],"would":[124],"do.":[125],"decisions":[128,168],"tend":[129],"avoid":[131],"risk.":[132],"Decision":[133],"makers":[134],"frame":[138,205],"conditions":[140],"do":[141],"make":[143,167],"reduce":[146,222],"gains":[150],"already":[152],"have.":[153],"When":[154],"negative":[161],"frame,":[162],"minimize":[170],"losses":[171],"may":[173,206],"arise":[174],"decision.":[181],"Practical":[182],"implication":[183],"investor":[190],"needs":[191],"respond":[193],"because":[198],"similar":[200],"problem":[201],"result":[207],"choice.":[211],"Investors":[212],"need":[213],"be":[215,244],"encouraged":[216],"improve":[218],"knowledge":[220],"and":[221],"bias":[223],"caused":[226],"presence":[229],"single":[234],"set":[235],"accounting":[237],"information.":[238],"This":[239],"has":[241],"proven":[242],"useful":[245],"improving":[247],"ability":[249],"analyze":[251],"reports":[253],"financial":[255],"analyst.":[256]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2018,"cited_by_count":1}],"updated_date":"2026-09-27T08:07:27.782135","created_date":"2016-06-24T00:00:00"}
