The measurement of fraud perception of investors and the mediating effect of risk aversion: the case of crypto assets
[ X ]
Tarih
2024
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Emerald Group Publishing Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
PurposeThis study aims to gain a new perspective on auditing by measuring investors' fraud perception and to reveal the necessity of increasing individuals' fraud perception by determining the effect of fraud perception on the intention to invest in crypto assets from the investor's perspective.Design/methodology/approachAs part of this quantitative research, a survey was conducted on individuals residing in T & uuml;rkiye and aged 18 years and above through a convenience sampling method. A total of 446 participants were included in the study. The data collected was analyzed using the partial least squares-variance based structural equation modeling (PLS-SEM) method using the SmartPLS program.FindingsFraud perception causes individuals to be more risk-averse and reduces their intention to invest in crypto assets. At the same time, it has been observed that risk-averse individuals have lower intention to invest in crypto assets. According to the results of the mediating effect analysis, risk aversion behavior partially mediates between the fraud perception and the intention to invest in crypto assets. Among the emotions, only fear increases risk aversion behavior. Among the personality traits, extroversion and openness to experience personality traits reduce risk aversion behavior, whereas neuroticism personality traits increase the intention to invest in crypto assets.Originality/valueIn an environment where traditional auditing activities are insufficient, increasing investors' perceptions of fraud can reduce fraud-related losses. In this context, to the best of the authors' knowledge, the present study might be among the first to investigate the impact of individuals' perceptions of fraud on their investment intentions in crypto assets.
Açıklama
Anahtar Kelimeler
Audit, Fraud auditing, Investment fraud, Self-audit, Crypto assets, Intention to & imath, nvest
Kaynak
International Journal of Accounting and Information Management
WoS Q Değeri
N/A
Scopus Q Değeri
Q1
