A Study on Human Behavioural Aspects on Individual Financial Decisions in Indian Context

2020 ◽  
Author(s):  
Arti Chandani ◽  
Vijay Ratnalikar
2020 ◽  
Author(s):  
Vijay Ratnalikar ◽  
Arti Chandani ◽  
Ankita Bhatia ◽  
Mita Mehta

2020 ◽  
Vol 9 (3) ◽  
pp. 54-67
Author(s):  
Vikas Pujara ◽  
Bhavesh P. Joshi

Behavioral finance is a relatively new field of study that combines cognitive psychology and thoughts of leaders in economics, finance, and behavioral psychology to explore the driving forces behind the financial decisions that people make. Making a decision is a complex procedure that embraces cognitive and psychological biases. The paper attempts to explore and document the literature available to review the biases in an Indian context, highlighting specific and variable factors that impact, such as personality traits, and plausibly explain the difference in the behavior from a traditional behavioral finance model. The review of literature suggests that behavioral finance in an Indian context has a pattern, which can be followed to interpret and understand the psychology of Indian investors. A conceptual framework is proposed that considers various factors that can enable understanding Indian behavioral finance. In particular, the impact of personality and financial determinants appear to be imperative to studying behavioral bias in the Indian context.


2009 ◽  
Vol 6 (3) ◽  
pp. 450-464
Author(s):  
Salah Ben Hamad

The agency framework has shifted research in the theory of finance from the traditional quantitative analysis towards a richer analysis that incorporates the behavioural aspects. In this paper we implement an exploratory analysis in order to pick up the behaviour of the managers of small and medium firms (SMF) in financial decisions making. An Important finding in our research is that the traditional Modigliani and Miller framework cannot be merely translated to analyse the financing decision in a context of asymmetric information and agency conflicts among the different corporate actors. Empirical evidence is performed on a sample of Tunisian SMF


2017 ◽  
Vol 20 (2) ◽  
pp. 106-122 ◽  
Author(s):  
Lalatendu Kesari Jena ◽  
Sajeet Pradhan

2018 ◽  
Vol 33 (6) ◽  
pp. 871-891 ◽  
Author(s):  
Narun Pornpattananangkul ◽  
Bing Cai Kok ◽  
Jingwen Chai ◽  
Yi Huang ◽  
Lei Feng ◽  
...  

2011 ◽  
Vol 4 (1) ◽  
pp. 296-297
Author(s):  
Anand Nagrecha ◽  
◽  
Shruti Sharma

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