Behavioral Finance and the modern enterprises: Russian reality

Obolikshto Y.V. ()
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Obolikshto Y.V.: Russian Presidential Academy of National Economy and Public Administration

Published Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The article presents an approach to making management decisions in enterprises from the perspective the theory of behavioral finance. It is believed that the person always act rationally. Behavioral finance refute this assertion by proving that decisions a person can follow the fashion, intuition, etc. This fact leads to negative consequences in the management of the enterprise.

Keywords: behavioral finance; management decisions; management; enterprises. (search for similar items in EconPapers)
JEL-codes: M21 (search for similar items in EconPapers)
Pages: 3 pages
Date: 2013
Note: Published in The World's View Dialogue: the person in the world of modern economics / XII International Symposium, May 28-30, 2013.
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Persistent link: https://EconPapers.repec.org/RePEc:rnp:ppaper:nvg106

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