scholarly journals Comparative Analysis of Investment Decision Models

2017 ◽  
Vol 9 (2) ◽  
pp. 197-208 ◽  
Author(s):  
Ieva Kekytė ◽  
Viktorija Stasytytė
Keyword(s):  
Financial Markets ◽  
Financial Market ◽  
Portfolio Management ◽  
Financial Risk ◽  
Investment Decision ◽  
Rapid Development ◽  
Investment Decisions ◽  
Decision Models ◽  
Analysis Technique ◽  
New Challenges

Rapid development of financial markets resulted new challenges for both investors and investment issues. This increased demand for innovative, modern investment and portfolio management decisions adequate for market conditions. Financial market receives special attention, creating new models, includes financial risk management and investment decision support systems.Researchers recognize the need to deal with financial problems using models consistent with the reality and based on sophisticated quantitative analysis technique. Thus, role mathematical modeling in finance becomes important. This article deals with various investments decision-making models, which include forecasting, optimization, stochatic processes, artificial intelligence, etc., and become useful tools for investment decisions.

scholarly journals Regulacija financijskog tržišta prije i nakon svjetske krize

2017 ◽  
Vol 5 (1) ◽  
Author(s):  
Anita Radman Peša ◽  
Vanja Zubak ◽  
Duje Mitrović
Keyword(s):  
Risk Management ◽  
Financial Markets ◽  
Interest Rates ◽  
Financial Market ◽  
Financial Risk ◽  
Banking Sector ◽  
Financial Regulation ◽  
Banking System ◽  
Financial Risk Management ◽  
Macroeconomic Stability

The banking sector in the global economic system is an area of great impact on the preservation of macroeconomic stability. As it turned out, and during the recent economic crisis, whose consequences are still felt in many countries, the collapse of the financial markets has farreaching effects on all of the national financial markets. The aim of this paper is to analyze the existing regulation of the financial markets and its (lack of) performance in the current financial risk management in order to preserve macroeconomic stability, and provide a secure and stable banking system. The purpose of the study was to present financial regulation before the crisis of 2008 / 2009, and to compare it with the regulations issued after the global crisis of 2008 / 2009 in order to conclusion whether it is cosmetic or real changes of regulating the financial system, and whether existing regulation in the future successfully prevent minor and major disruptions of the financial markets. Croatian financial market is especially analysed in the case of manipulation using the benchmark interest rates.

Re-conceptualizing the political economy of finance in the post-crisis era

2017 ◽  
Vol 19 (2) ◽  
pp. 167-190 ◽  
Author(s):  
W. Travis Selmier ◽  
W. Kindred Winecoff
Keyword(s):  
Political Economy ◽  
Property Rights ◽  
Financial Markets ◽  
Financial Market ◽  
Financial Economics ◽  
Financial Risk ◽  
Network Science ◽  
International Political Economy ◽  
Special Issue ◽  
Market Governance

AbstractThis article introduces a special issue ofBusiness and PoliticsonProperty Rights, Financial Risk, and the Politics of a Networked Global Financial System. We introduce aspects of the articles in the issue and situate them within existing literatures in financial economics, public policy, political economy, regulation and governance, and network science. We do this through examining four key contributions in the special issue. First, we show that common conceptualizations of property rights in financial markets ignore the multidimensional nature of financial goods; examples of all goods types can be found in modern finance, and this fact has important implications for the politics and regulation of these markets. Second, we argue that models of financial actors as independent, atomistic agents neglect the relational nature of financial markets, and argue that theory and methodology from network science, financial economics and political economy provide useful ways to analyze these interdependent systems. Third, we discuss how the relational nature of risk leads to hierarchical patterns of financial interdependence, which bequeaths substantial amounts of power—within both market and political systems—to those actors that occupy core positions within the structure of interdependence. Fourth, we integrate ideas from papers in this special issue and related literature with concepts from the Ostrom School of political economy to consider how monitoring, self-governance, and polycentric applications might improve financial market governance. This issue's papers thus constitute one of the first combined attempts to bring the Ostrom School into substantive conversation with financial market governance and risk analysis through comparative and international political economy disciplines.

scholarly journals Identification of information needs in intellectual capital: exploratory study on the Tunisian financial market

2016 ◽  
Vol 13 (3) ◽  
pp. 179-186
Author(s):  
Jihene Ferchichi ◽  
Robert Paturel
Keyword(s):  
Financial Market ◽  
Intellectual Capital ◽  
Delphi Method ◽  
Exploratory Study ◽  
Information Needs ◽  
Investment Decision ◽  
Investment Decisions ◽  
Research Show

In an economy concretized by the broadening notion of the intellectual capital and its increasing role in investment decisions, it seems appropriate to conceive the intellectual capital by measuring its perception by 22 Tunisian financial professionals. Therefore, the aim of this work consists firstly to enable a better understanding of the intellectual capital of the Tunisian financial market. Secondly, by adopting the Delphi method, we determined the information needs and expectations consensus in terms of intellectual capital. The results of this research show that the concept of intellectual capital appears well known by the financial actors Tunisians. Besides this research, revealed new aspects of intellectual capital .The Tunisian investors consider these dimensions as important criteria that support making their investment decision.

scholarly journals Pengaruh Kepemilikan Manajerial, Keputusan Investasi, Keputusan Pendanaan, dan Kebijakan Deviden terhadap Nilai Perusahaan

2018 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Aris Sasurya ◽  
Nadia Asandimitra
Keyword(s):  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Investment Decision ◽  
Linear Regression Analysis ◽  
Investment Decisions ◽  
Multiple Linear Regression Analysis ◽  
Managerial Ownership ◽  
Analysis Technique ◽  
Positive Effect

The main objective of this research is to examine theeffect of manajerial ownership, investment decision, funding decision, and dividend policy on firm value that listed on Indonesia Stock Exchange (IDX). In this study, firm value measured by Price Book Value (PBV). Samples used in this study consisted of 11 companies. This study used a purposive sampling method is by determining the number of samples taken to certain criteria. The data analysis technique used in this study is multiple linear regression analysis which previously has been tested with the classical assumption test. The results showed that simultaneously managerial ownership, investment decisions, funding decisions, and dividend significantly influence on firm value in the companies listed in Indonesia Stock Exchange. Partially managerial ownership and funding decisions does not affect on firm value in the companies listed in Indonesia Stock Exchange, while investment decisions and dividend policy positive effect on firm value in the Companies listed in Indonesia Stock Exchange

Women Investors: A Literature Review

Metamorphosis ◽  
2017 ◽  
Vol 16 (1) ◽  
pp. 11-19
Author(s):  
Tina Vohra ◽  
Mandeep Kaur
Keyword(s):  
Financial Markets ◽  
Financial Literacy ◽  
Investment Decision ◽  
New Technology ◽  
Banking System ◽  
Investment Decisions ◽  
Well Being ◽  
Informal Networks ◽  
Investment Decision Making ◽  
Conservative Attitude

Individuals across the globe have become increasingly active in financial markets. The advent of new technology, the availability of various financial products, the liberalization of the economy and the support of an efficient banking system have all facilitated the participation of investors in Indian financial markets. Household savings form a significant part of investments in any economy. In Indian context, the percentage of savings is quite high. The high percentage of savings in India is primarily on account of the savings made by women in India. The role of women in investment decision-making in India cannot be ignored. Therefore, the objective of the study is to provide insights into the characteristics that act as strengths and weaknesses of women and to bring out the opportunities and threats faced by them as investors. In the present study, the diverse literature available worldwide on investment decisions of women has been explored and analysed. The findings of the study revealed that women are holistic thinkers, balanced, intuitive and quality conscious. They adopt a futuristic approach and perform in-depth research prior to investing. They are good savers and at the same time self-controlled. All these characteristics acts as their strengths while undertaking investment decisions. On the other hand, risk aversion, conservative attitude, lower levels of financial knowledge, lack of confidence, too much dependence on guidance from others, reluctant to cause unnecessary change in status quo, poor health and religiousness are their weaknesses. The microfinance, financial literacy and women empowerment initiatives intend to provide opportunities for their growth and development whereas a lesser amount of pay, shorter and interrupted employment history, and exclusion from informal networks act as threats to women’s financial well-being. The study suggests that the endeavours made by women and the support from the society is needed in order to convert the weaknesses and threats of women into their strengths and opportunities for them, thereby improving their participation in financial markets.

scholarly journals Is Gold as an Alternative Investment a Good Solution During Pandemic?

2021 ◽  
Vol 3 (31) ◽  
pp. 79-88
Author(s):  
Alicja Juras
Keyword(s):  
Financial Markets ◽  
Financial Market ◽  
Pearson Correlation ◽  
Investment Decisions ◽  
Correlation Method ◽  
High Demand ◽  
Factors Influencing ◽  
Price Indexes ◽  
Last Stage ◽  
Alternative Investment

The aim of the article: The crisis, both in the economic and financial markets, can lead to a sudden downturn and a loss of savings. For this reason, during a crisis, safe investments are essential to reduce risks and avoid losses. This year’s coronavirus pandemic has caused a lot of confusion in the financial and investment world as well.The pandemic led to turbulence in the financial market and made investors look for the so-called safe havens. In the literature, these havens often include alternative investments with a high demand for gold. This article aims to check the validity of using gold as an investment during a pandemic. Methodology: In the paper, in order to achieve the formulated aim, the following stages were carried out: critical analysis of the literature regarding the factors influencing investment decisions and the characteristics alternatives instruments. The last stage was based on statistical analysis using the Pearson correlation method. Gold prices were compared with quotations of two price indexes: WIG20 and S&P500. Results of the research: The conducted analysis shows that gold as an alternative investment is a good hedge in times of crisis, therefore, it is also the case during ongoing pandemic. Alternative assets fulfill a hedging function, minimizing the risk of losses. Moreover, thanks to a negative correlation with the market, they give a possibility to increase investors’ capital in times of crisis.

Determinants of Investment Decision Making: An Empirical Study

GIS Business ◽  
2017 ◽  
Vol 12 (6) ◽  
pp. 23-33
Author(s):  
Gunjan Sharma ◽  
Tarika Singh ◽  
Suvigya Awasthi
Keyword(s):  
Decision Making ◽  
Empirical Study ◽  
Financial Market ◽  
Investment Decision ◽  
Investment Decisions ◽  
Central Position ◽  
Individual Investors ◽  
Investment Decision Making ◽  
Financial Options ◽  
Investment Behaviour

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.

Risk spillover in financial markets based on support vector quantile regression

2020 ◽  
pp. 1-11
Author(s):  
Wangsong Xie
Keyword(s):  
Quantile Regression ◽  
Financial Markets ◽  
Financial Market ◽  
Financial Risk ◽  
Spillover Effects ◽  
Market Risk ◽  
Support Vector ◽  
Non Linear ◽  
Risk Spillover Effects ◽  
Financial Market Risk

In terms of financial market risk research, with the rapid popularization of non-linear perspectives and the improvement of theoretical reasoning, scholars have slowly broken through the cage of linear ideas and derived new and more practical methods from non-linear perspectives to make up for the shortcomings of traditional research. Based on the support vector classification regression algorithm, this research combines the typical facts and characteristics of financial markets, from the perspective of quantile regression and SVR intelligent technology in computer science, to explore the research method of financial market risk spillover effects from a nonlinear perspective. Moreover, this research integrates statistical research, machine learning and other related research methods, and applies them to the measurement of financial risk spillover effects. The empirical analysis shows that the method proposed in this paper has certain effects, and financial risk analysis can be performed based on the risk spillover effect measurement model constructed in this paper.

scholarly journals PENGARUH PROFITABILITAS, STRUKTUR MODAL, KEBIJAKAN DEVIDEN, DAN KEPUTUSAN INVESTASI TERHADAP NILAI PERUSAHAAN (Studi Kasus Perusahaan Manufaktur Yang Go Publik di Bursa Efek Indonesia) PERIODE 2010 - 2014

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Sri Ayem ◽  
Ragil Nugroho
Keyword(s):  
Capital Structure ◽  
Empirical Evidence ◽  
Firm Value ◽  
Dividend Policy ◽  
Investment Decision ◽  
Investment Decisions ◽  
Secondary Data ◽  
Significance Level ◽  
Analysis Technique ◽  
Positive Effect

This research aims to find empirical evidence about the influence of profitability on firm value. To find empirical evidence about the influence of capital structure on firm value. To find empirical evidence about the influence of dividend policy on firm value. To know more about the influence of empirical evidence Investment Decision on firm value. To know more about the influence of empirical evidence profitability, capital structure, dividend policy and investment decisions simultaneously on firm value. Variables of this research are Profitability, Capital Structure, Dividend Policy, Investment Decisions and firm value. The type of data research is secondary data, it is manufacturing company's financial statements the period of 2010 - 2014. The analysis technique used is multiple linear regression with a significance level of 5%. The research results show that profitability have a positive and significant effect on firm value. Capital structure does not affect the firm value. Dividend policy is positive and significant effect on firm value. Investment policy and significant positive effect on firm value. Simultaneously profitability, capital structure, dividend policy and investment decisions are have significant effect on firm value. The effect of profitability, capital structure, dividend policy, and investment decisions to firm value by 37.5% while the rest influenced by other factors not included in the research model. Keywords: Profitability, Capital Structure, Dividend Policy, Investment Decisions and Firm Value

scholarly journals FACTORS AFFECTING INVESTMENT DECISIONS AMONG LISTED FIRMS IN THE NAIROBI SECURITIES EXCHANGE

2020 ◽  
Vol 7 (2) ◽  
pp. 124-142
Author(s):  
Prince Worzie
Keyword(s):  
Financial Market ◽  
Survey Design ◽  
Investment Decision ◽  
Investment Decisions ◽  
Investment Risk ◽  
Market Information ◽  
Factors Affecting ◽  
Listed Firms ◽  
Investment Decision Making ◽  
Descriptive Survey

The importance of investment decision-making cannot be overstated since many of the factors that result in a firm’s success or failure are directly tied to the choices of decisions made. When wrong investment decisions are made, they are not easily reversible and if the firm persists or reverses them they may lead to bigger losses. It is for this reason that this research sought to investigate factors affecting investment decisions among listed firms in the Nairobi Securities Exchange. The study focused on the following factors: financial market information, investment risk, investor’s financial knowledge, and firms’ profitability to establish whether they influence investment decisions. The study employed a descriptive survey design and targeted 178 finance managers of the 67 firms listed on the NSE. Stratified and purposive sampling techniques were adopted in this study and a questionnaire was used to collect data. The researcher employed descriptive and inferential statistics to analyze data collected from the study. The results were analyzed and presented using tables. Based on the results, the researcher concludes that the four independent variables; financial market information, investment risk, firms’ profitability and investor’s financial knowledgesignificantly influence investment decisions of firms listed on the NSE.

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