Equity Investor, Equity Financing, Behavioral Finance, Indian equity Markets, Stock Market.


Financial specialist conduct is a focal idea in the behavioral fund which breaks down the impact of different factors on singular value speculator basic leadership. The nature and centrality of these factors on financial specialist basic leadership can be unique and intriguing in different nations. This investigation, thusly, looks at the impact of financial, and behavioral, factors in molding the venture conduct of value speculators in India.

        The factor incorporates advocate suggestion, unbiased data, individual back requirements, bookkeeping data, established riches expansion and mental self-view/firm-picture incident. The examination found the solid impact of mental self-portrait/firm-picture occurrence, unbiased data, and supporter suggestion on value speculator basic leadership. While, no impacts of variables like great riches amplification, bookkeeping data, and individual budgetary needs are found on value financial specialist's basic leadership with regards to India.

Full Text : PDF

  • Epstein, M.J. and Freedman, M., (1994). Social disclosure and the individual investor. Accounting, Auditing & Accountability Journal, 7(4), pp.94-109.
  • Hodge, F.D., (2003). Investors' perceptions of earnings quality, auditor independence, and the usefulness of audited financial information. Accounting Horizons, 17, p.37.
  • Jang, J., (2017).  Stock Return Anomalies and Individual Investors in the Korean Stock Market. Pacific-Basin Finance Journal, 44, pp, 1-46.
  • Kadiyala, P. and Rau, P.R., (2004). Investor reaction to corporate event    announcements: underreaction or overreaction. The Journal of Business, 77(2), pp.357-386.
  • Krishnan, R. and Booker, D.M., (2002). Investors' use of analysts' recommendations. Behavioral Research in Accounting, 14(1), pp.129-156.
  • Malmendier, U. and Shanthikumar, D., (2003). Are small investors naïve?. NBER Working Paper, 10812.
  • Nagy, R.A. and Obenberger, R.W., (1994). Factors influencing individual investor behavior. Financial Analysts Journal, 50(4), pp.63-68.
  • Nagy, R.A. and Obenberger, R.W., (1994). Factors influencing individual investor behavior. Financial Analysts Journal, 50(4), pp.63-68.
  • Olson, E., Vivian, A. and Wohar, M.E., (2017). Do commodities make effective hedges for equity investors? Research in International Business and Finance.
  • Riley Jr, W.B. and Chow, K.V., (1992). Asset allocation and individual risk aversion. Financial Analysts Journal, 48(6), pp.32-37.
  • Saiti, B., Bacha, O.I. and Masih, M., (2014). The diversification benefits from Islamic investment during the financial turmoil: The case for the US-based equity investors. Borsa Istanbul Review, 14(4), pp.196-211.
  • Shefrin, H., (1999). Irrational exuberance and option smiles. Financial Analysts Journal, 55(6), pp.91-103.
  • Shleifer, A., (2000). Inefficient markets: An introduction to behavioural finance. OUP Oxford.
  • Tekçe, B., Yılmaz, N. and Bildik, R., (2016). What factors affect behavioral biases? Evidence from Turkish individual stock investors. Research in International Business and Finance, 37, pp.515-526.
  • Vaidyanathan, R., (2011). National economic debate - Stock markets or rigged casinos, Indian Institute of Management (Bangalore).
  • Vermeulen, R., (2013). International diversification during the financial crisis: A blessing for equity investors? Journal of International Money and Finance, 35, pp.104-123.
  • Warren, W.E., Stevens, R.E. and McConkey, C.W., (1990). Using demographic and lifestyle analysis to segment individual investors. Financial Analysts Journal, 46(2), pp.74-77.
  • Wei, J., Wang, R., & Yang, H., (2012). Optimal surrender strategies for equity-indexed annuity investors with partial information. Statistics & Probability Letters, 82(7), pp.1251-1258.