Abstract

This paper reviews the implementation of higher order thinking skills for teaching and learning in Malaysia. Several recent studies have found that there are issues with the implementation of higher order thinking skills from aspects such as lack of knowledge on the educators’ part, inadequate understanding of the strategies to inculcate HOTs amongst teachers, insufficient materials and references to teach HOTs and improper environmental settings to instil the learning of HOTs in the education classrooms. Teachers lack the appropriate pedagogical knowledge to teach HOT (Fisher, 1999; Zohar, 1999; Zohar and Schwartzer, 2005). This paper analyses further the implementation of higher order thinking skills for the teaching and learning of HOTs which is of paramount importance in order to address these rife matters.

Highlights

  • As the dynamic of the investment changes it enhances the importance of decision making which is the part of the Behavioral finance

  • The result shows that risk aversion is an important criterion in decision making but the investor that are risk averse are more logical and rational (Hunjra et al, 2012)

  • These believe and information create or force the investor to take any decision it can be an overreaction of available information or it can be a suitable decision for the betterment of the firm

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Summary

Introduction

As the dynamic of the investment changes it enhances the importance of decision making which is the part of the Behavioral finance. If the organization makes an appropriate decision of investment it will result in an increase of firm productivity and outcome (Mayfield et al, 2008) Researchers such as Kengatharan and Kengatharan (2014), Qadri and Shabbir (2014), Nofsinger and Varma (2013), highlighted the positive relationship between behavioural factors and decision making of investment in the stock market by an investor. This research focuses on the detailed analysis of the experience of the investor as well as the corporate governance and other factors It covers both theoretical and observed involvement of the factor in the decision making of investment. The study is limited to the investment decisions of the Iraqi investors it covers the moderating factors such as age, gender and financial education of the investors which is the contribution of the current study and in this way this study adds value to the current state of knowledge in the domain of behavioral finance

Heuristic and Investment Decision-Making
Risk Aversion and Investment Decision-Making
Financial Information and Investment Decision-Making
Corporate Governance and Investment Decision-Making
Experience and Investment Decision-Making
Age and Investment Decision Making
Gender and Investment Decision making
Financial Education and Investment Decision Making
Methodology
Result and Analysis
H7 RA1 RA2 RA3 RA4 IDM1
H5: Experience Investment Decision Making
Discussion
Limitation and Future Research
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