scholarly journals Financing and Herd Behaviour in Financial Crises: Investment Decision

2020 ◽  
Vol VIII (Issue 4) ◽  
pp. 1089-1096
Author(s):  
Raya Panjaitan ◽  
Ika
Keyword(s):  
Financial Crises ◽  
Investment Decision ◽  
Herd Behaviour

Influence of Behavioural Factors Affecting Investment Decision—An AHP Analysis

Metamorphosis ◽  
2017 ◽  
Vol 16 (2) ◽  
pp. 107-114 ◽  
Author(s):  
Anu Antony ◽  
Ansted Iype Joseph
Keyword(s):  
Decision Making ◽  
Investment Decision ◽  
Factors Affecting ◽  
Priority Vector ◽  
Irrational Behaviour ◽  
Herd Behaviour ◽  
Behavioural Factors ◽  
Regret Aversion ◽  
Overconfidence Bias ◽  
Hierarchy Process

Investors exhibit irrational behaviour in their decision-making. The decision-making process itself is considered to be a cognitive process as the investors have to make a decision based on various alternatives available to them. The researchers have found that the investors’ decision-making was adversely affected by the various psychological/behavioural factors. The current study was carried forward to identify the effect of the behavioural factors affecting the investment decision of the investors. Five behavioural factors, namely overconfidence bias, representative bias, regret aversion, mental accounting, and herd behaviour, were considered to study the behavioural biases of the investors. The study sample was taken from investors of Kerala, and the analytical hierarchy process (AHP) method was used to analyse the intensity of behavioural factors affecting the investment decision. Based on the priority vector, it was found that the investors of Kerala were highly influenced with overconfidence bias and regret aversion. Herd behaviour had less effect on their decision-making.

scholarly journals Speculative bubbles as anomaly of modern capital markets

Equilibrium ◽  
2009 ◽  
Vol 2 (1) ◽  
pp. 39-47
Author(s):  
Bartosz Szumny
Keyword(s):  
Financial Markets ◽  
Capital Markets ◽  
Financial Crises ◽  
17Th Century ◽  
The Internet ◽  
Information Cascade ◽  
Behavioural Finance ◽  
Speculative Bubbles ◽  
Herd Behaviour ◽  
Behavioural Aspects

Speculative bubbles are one of the main problems that modern economics is dealing with today. It is important problem because there is a straight relationship between bubbles and financial crises about which we hear everyday. From the 17th century “tulip bubble” to the “internet bubble” in which the prices of technological company’s shares surged and then collapsed, many investors have lost fortunes of money. What exactly causes so much panic and trouble in financial markets? In the understanding of these phenomena the behavioural finance can play an important role and consequently give us better knowledge of these phenomena. In the following paper, I have analyzed important behavioural aspects of a bubble, including: herd behaviour, information cascade, overconfidence and optimism, representativeness heuristics and conservatism bias. All these aspects will help to better understand structure of a bubble and suggest ways to mitigate the occurrences and collapses of it in financial markets.

Antitrust Law Amidst Financial Crises

2009 ◽  
Author(s):  
Ioannis Kokkoris ◽  
Rodrigo Olivares-Caminal
Keyword(s):  
Financial Crises ◽  
Antitrust Law

The role of affective reactions on investment decision-making

2007 ◽  
Author(s):  
Enrico Rubaltelli ◽  
Giacomo Pasini ◽  
Rino Rumiati ◽  
Paul Slovic
Keyword(s):  
Decision Making ◽  
Investment Decision ◽  
Affective Reactions ◽  
Investment Decision Making

Pengaruh keputusan investasi, keputusan pendanaan, dan kebijakan dividen terhadap nilai perusahaan yang terdaftar di Bursa Efek Indonesia

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Dina Patrisia ◽  
Muthia Roza Linda ◽  
Ursa Yulianti
Keyword(s):  
Dividend Policy ◽  
Stock Exchange ◽  
Investment Decision ◽  
Investment Decisions ◽  
Secondary Data ◽  
Sampling Technique ◽  
Total Sample ◽  
Manufacturing Companies ◽  
Positive Direction ◽  
Company Value

This study aims to analyze the effect of investment decisions, funding decisions, and dividend policy on the value of the company. This research is classified as causative research. The populations in this study are all Manufacturing companies listed on the Stock Exchange in 2012-2016. The sampling technique in this study is using purposive sampling technique with a total sample of 213 samples. The data used is secondary data. The data analysis method used is multiple regression. The results showed that investment decision variables affect the value of the company in a positive direction, funding decisions affect the value of the company in a negative direction, and dividend policy affects the value of the company with a positive direction on Manufacturing companies listed on the IDX. With this research, it is expected that researchers who can further conduct research related to factors that influence the value of the company whose impact is higher than what researchers have met. By using different proxy and data processing methods to produce more accurate data processingKeywords: Investment decisions; funding decisions; dividend policy; company value

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