A two-country study on the psychological antecedents to cryptocurrency investment decision-making

IF 3 4区管理学 Q1 INFORMATION SCIENCE & LIBRARY SCIENCE Journal of Global Information Technology Management Pub Date : 2022-10-02 DOI:10.1080/1097198X.2022.2132087

C. Osakwe, M. Dzandu, Hayford Amegbe, M. Warsame, Thurasamy Ramayah

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引用次数: 1

Abstract

ABSTRACT This study seeks to investigate the psychological antecedents toward cryptocurrency investment decision-making. Using extended planned behavior model, data were collected from 517 sample respondents in Kenya and Ghana to test the proposed model. Specifically, we find that skepticism undermines willingness to invest in cryptocurrency via attitude toward cryptocurrency across the two countries studied. We also find that subjective norm and perceived self-efficacy positively influence attitude toward cryptocurrency that, in turn, positively influences willingness to invest in cryptocurrency. The positive relationship between trust disposition and attitude toward cryptocurrency and in turn willingness to invest in cryptocurrency is statistically valid in Kenya but not in Ghana. Contrary to expectations, no negative statistical effect of risk disposition on attitude toward cryptocurrency was found in the Kenya and Ghana sample. Overall, the presented findings in this study enrich empirical understanding about the psychological factors influencing attitude and individuals’ intentions to invest in cryptocurrencies such as Bitcoin and Litecoin.

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关于加密货币投资决策心理因素的两国研究

本研究旨在探讨加密货币投资决策的心理因素。利用扩展的计划行为模型，从肯尼亚和加纳的517名样本受访者中收集数据来测试所提出的模型。具体来说，我们发现，通过研究两个国家对加密货币的态度，怀疑主义破坏了投资加密货币的意愿。我们还发现，主观规范和感知自我效能正向影响对加密货币的态度，进而正向影响投资加密货币的意愿。信任倾向与对加密货币的态度以及投资加密货币的意愿之间的正相关关系在肯尼亚统计上是有效的，但在加纳则不然。与预期相反，在肯尼亚和加纳的样本中，没有发现风险处置对加密货币态度的负面统计影响。总体而言，本研究的发现丰富了对影响比特币和莱特币等加密货币投资态度和个人意愿的心理因素的实证理解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Global Information Technology Management INFORMATION SCIENCE & LIBRARY SCIENCE-

CiteScore

4.10

自引率

10.00%

发文量

期刊介绍： The Journal of Global Information Technology Management (JGITM) is a refereed international journal that is supported by Global IT scholars from all over the world. JGITM publishes articles related to all aspects of the application of information technology for international business. The journal also considers a variety of methodological approaches and encourages manuscript submissions from authors all over the world, both from academia and industry. In addition, the journal will also include reviews of MIS books that have bearing on global aspects. Practitioner input will be specifically solicited from time-to-time in the form of invited columns or interviews. Besides quality work, at a minimum each submitted article should have the following three components: an MIS (Management Information Systems) topic, an international orientation (e.g., cross cultural studies or strong international implications), and evidence (e.g., survey data, case studies, secondary data, etc.). Articles in the Journal of Global Information Technology Management include, but are not limited to: -Cross-cultural IS studies -Frameworks/models for global information systems (GIS) -Development, evaluation and management of GIS -Information Resource Management -Electronic Commerce -Privacy & Security -Societal impacts of IT in developing countries -IT and Economic Development -IT Diffusion in developing countries -IT in Health Care -IT human resource issues -DSS/EIS/ES in international settings -Organizational and management structures for GIS -Transborder data flow issues -Supply Chain Management -Distributed global databases and networks -Cultural and societal impacts -Comparative studies of nations -Applications and case studies