명상도서관

명상도서관

Does mindfulness enhance stock trading performance?: the moderating and mediating effects of impulse control difficulties 자세히보기
  • 자료유형학술지논문
  • 저자명Charoensukmongkol, Peerayuth,Aumeboonsuke, Vesarach
  • 학회/출판사/기관명Inderscience
  • 출판년도2016
  • 언어영어
  • 학술지명/학위논문주기International Journal of Work Organisation and Emotion
  • 발행사항Vol.7No.4[2016]_x000D_
  • ISBN/ISSN1740-8938
  • 소개/요약This research investigates the contribution of mindfulness on performance of stock traders. The authors focus on the role of mindfulness in helping individuals lower impulsive behaviours when they trade stocks. Survey data were collected from 120 independent traders and 73 professional traders in Thailand (total N = 193). The analysis from partial least squares regression found that impulse control difficulties mediated the link between mindfulness and stock trading performance. This suggested that individuals with higher mindfulness measure tended to experience lower impulse control difficulties problem, and subsequently exhibited better stock trading performance. However, the analysis of the moderating effect revealed that the positive contribution of mindfulness on stock trading performance is only present for those with high impulse control difficulties. Surprisingly, mindfulness appeared to lower trading performance of traders who did not have impulse control difficulties.