| dc.description.abstract | This study examines the impact of mood and risk tolerance on individual investors’ stock investment performance in Vietnamese stock exchanges in Covid-19 phase. There are 136 quantitative questionnaires completed which are used for data analyses. The empirical finding reveals that negative mood has statistically negative correlation with stock investment performance, whereas the positive mood is found to have no impact. Besides, only a factor of negative mood – hostility is statistically proven to be negatively associated with stock investment performance. Regarding individual investors’ risk tolerance level, the more risk averse individuals are, the better they perform in Vietnamese stock market. Furthermore, the empirical results also indicate that some demographic features such as age, gender, and finance literacy level do not have impact on stock investment performance. This research presents a broad perspective on the effects of mood and risk tolerance on stock investment performance at individual level in Vietnamese stock market. Moreover, its findings are projected to benefit not only individual investors but also mutual funds and listed companies. | en_US |
