scholarly journals An Empirical Study on the Effect of Financial Autonomy and Society on Investment Decision Making

2018 ◽  
Vol 12 (01) ◽  
Author(s):  
Som Nath Paul ◽  
Manjula Jain

This research paper is an explicit effort to understand the effect of financial autonomy and society on investment decision of individual. Society is a major factor which influences our living standard, thought process and objectives. It is well popular proverb that “Society makes a Man perfect”. Society has a greater influence on our decision making procedure, whether the decisions are taken for personal consumption or for investment decision. Financial autonomy has a grave importance in investment decision making. The current paper is an effort to establish the relation among the different factors, which influences the investment decision making.

Metamorphosis ◽  
2007 ◽  
Vol 6 (2) ◽  
pp. 115-135 ◽  
Author(s):  
Yesh Pal Davar ◽  
Suveera Gill

There has been substantial theoretical as well as applied evidence about the explanatory facets of investor's perception and investment decision making (IDM). The study reported here investigates the underlying dimensions in the selection of different investment avenues for investors. Examination of a sample of 500 investor respondents reveals the extent to which the significant IDM variables account for variations in present and future investment in various investment avenues. The results suggest that investors' preferences are supposedly related to the actual performance of investments and the same is taken into account while forming an opinion about making future investment decision. Further, demographic factors like age and education have a significant influence on IDM process. The underlying dimension in selection of investments reveals emphasis on familiarity, opinion and demographic measures for all investment avenues. The analysis in the paper reiterates the fact that rational human beings learn from their past and present experiences and utilize the same for their future activities.


GIS Business ◽  
2017 ◽  
Vol 12 (6) ◽  
pp. 23-33
Author(s):  
Gunjan Sharma ◽  
Tarika Singh ◽  
Suvigya Awasthi

India as a developing country is becoming economically more powerful and requires huge capital for various developmental activities. In order to boost the investment among individual investors, it is necessary to study the investment behaviour of individuals and identify the factors that motivate them to invest, so that idle savings can be channelised into investment. Investment decisions are influenced by many reasons. It is a tolerable fact that the financiers are the central position in the financial market. Behaviour of investors is not fixed. It changes from position to position and from security to security. Hence, it is necessary to identify the factors which influence the investment decisions. In order to increase investment and formulate appropriate theories and policies, it is necessary to understand how individuals invest in the securities and other financial options available.


2021 ◽  
Vol 3 (1-2) ◽  
pp. 48-65
Author(s):  
Azhar Imtiyaz Bisati ◽  
Prof. S.M. Imamul Haque ◽  
Umer Jon Ganai ◽  
Ishfaq Gulzar

Financial decision making is generally characterized by high degree of risk, uncertainty as well as complexity. Decision making in financial markets takes under consideration a stack of factors including personal, technical and situational factors and above all it necessitates an understanding of human instinct on the top of financial skills. In the broad arena of literature, research studies have proposed two primary themes of decision making-one is the rational approach and the another one is irrational or bounded rationality approach. Rational world presupposes being reasonable in every aspect and making unbiased decisions. Irrationality approach contents that investor behaviour is driven by emotions even if they are well informed. This research paper by using the relevant literature in the field of behavioural decision making and investor psychology, provides an overview of these two distinctive academic doctrines, which clears the way-out that how in actual world people undertake their decision making. Furthermore, this research paper reviews how behavioural biases can lead to errors in investment decision making.


2007 ◽  
Author(s):  
Enrico Rubaltelli ◽  
Giacomo Pasini ◽  
Rino Rumiati ◽  
Paul Slovic

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