Applying Behavioural Finance Approach to Investment Decisions: Determinants of Investment

Sunil Kumar (), Sanjay Guha () and Sattar Ali ()
Additional contact information
Sunil Kumar: Bhilai Institute of Technology
Sanjay Guha: Bhilai Institute of Technology
Sattar Ali: Axis Bank Ltd

A chapter in Future of Work and Business in Covid-19 Era, 2022, pp 57-71 from Springer

Abstract: Abstract Behavioural finance is flourishing with its own principle and methodology and has focused on the rationality of investor’s investment planning and decisions. Most of the researchers are coming from western part of the globe and have limited study in Southeast Asia. The purpose of the study is to define the relationship of identified determinants with investment pattern and to explore the relationship of psychological factors influencing the investment decision makings with the returns through investments. Through exploratory approach, seven factors were explored through PCA using rotated component matrix. Statistical tool regression analysis was the seven constructs which explains 48.2% variance of the model. This study will provide food for thought for the researchers who want to work in the field of behavioural finance. This study will also enable managers and policy-makers in understanding the ongoing research in the fields of behavioural finance and investment pattern of investors.

Keywords: Behavioural finance; Determinants; Investment; Risk and return; Regression (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-981-19-0357-1_6

Ordering information: This item can be ordered from
http://www.springer.com/9789811903571

DOI: 10.1007/978-981-19-0357-1_6

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().