Authors : A. Sakir, Ubud Salim, Djumahir and Atim Djazuli
Abstract: This study aims to analyze the effect of broker recommendations on stock trading performance, broker recommendations on investor behavior, investor behavior on stock trading performance and broker recommendations on stock trading performance mediated by investor behavior. Transaction data of 53 stock issuers as samples during the period 2014-2015 were analyzed using path analysis. It was found that broker’s recommendation had a significant effect on stock trading performance, broker’s recommendation had significant effect to investor behavior, investor behavior had significant effect on stock trading performance and broker’s recommendation had a significant effect on stock trading performance mediated by investor behavior.
A. Sakir, Ubud Salim, Djumahir and Atim Djazuli, 2018. Recommendation of Brokers and Stock Trade Performance with Investor Behavior as Mediation. Journal of Engineering and Applied Sciences, 13: 5854-5858.