Financial ignorance and its impact on the investment decision: An analytical study of a sample of investors in the Iraqi Stock Exchange

Abstract

In view of the great development taking place in the world today with regard to investment decisions, which increase the intensity of competition, financial institutions have realized the importance of these decisions and their role in achieving the goals of individual investors. And what is its relationship to financial ignorance. To achieve the above, the researcher took a regular sample of 101, and the researcher adopted the questionnaire as a tool for data collection after its validity and stability were confirmed, and the SPSS and AMOS programs were used to extract digital indicators for the purpose of analyzing them. As for the most important conclusions reached by the researcher in his research, there is a positive, statistically significant effect and correlation between financial ignorance and investment decision among individuals investing the research sample.