The Experts below are selected from a list of 7581 Experts worldwide ranked by ideXlab platform
Amandeep Dhir - One of the best experts on this subject based on the ideXlab platform.
-
has financial attitude impacted the trading activity of Retail Investors during the covid 19 pandemic
Journal of Retailing and Consumer Services, 2020Co-Authors: Manish Talwar, Shalini Talwar, Puneet Kaur, Naliniprava Tripathy, Amandeep DhirAbstract:Abstract Financial attitude influences the financial behavior of Retail Investors. Although the extant research has acknowledged and examined this relationship, the measures of financial attitude and behavior still vary widely and are generally posed as a series of questions rather than statements. In addition to this, there is insufficient knowledge regarding Retail Investors' behavior in the face of a health crisis, such as the current COVID-19 pandemic. This study addresses these gaps in the prior literature by examining the relative influence of six dimensions of financial attitude, namely, financial anxiety, optimism, financial security, deliberative thinking, interest in financial issues, and needs for precautionary savings, on the trading activity of Retail Investors during the pandemic. Data were collected from 404 respondents and analyzed using the artificial neural network (ANN) method. The results revealed that all six dimensions had a positive influence on trading activity, with interest in financial issues exerting the strongest influence, followed by deliberative thinking. The study thus contributes important inferences for researchers and managers.
-
consumer resistance and inertia of Retail Investors development of the resistance adoption inertia continuance raic framework
Journal of Retailing and Consumer Services, 2020Co-Authors: Himanshu Seth, Shalini Talwar, Amandeep Dhir, Anuj Bhatia, Akanksha SaxenaAbstract:Abstract Consumer resistance and inertia related behaviors are as important as adoption behaviors. Resistance can lead to unwillingness on the part of the Investors to invest in a particular financial product. On the other hand, inertia can potentially lead to loyalty, despite dissatisfaction with a financial product. Consequently, an understanding of the antecedents and outcomes of Retail Investors’ resistance and inertia toward investments is valuable for firms selling investment products. Although the literature on resistance and inertia is around three decades old, empirical research related to Retail investment decision making has only recently gained momentum, resulting in limited but interesting findings. The current study utilizes a systematic literature review (SLR) methodology to review prior studies in this domain. The SLR presents research profiling and an extensive content analysis of the studies selected by applying a robust search protocol. The study findings highlight numerous aspects of Retail investment behavior, underscore research gaps in the prior literature, and offer recommendations for future research. Furthermore, a comprehensive framework, labelled resistance adoption inertia continuance (RAIC), is proposed to investigate the behavior of Retail Investors. The study concludes with meaningful theoretical and practical implications that can help counter resistance and inertia toward different financial products.
Khairunisah Ibrahim - One of the best experts on this subject based on the ideXlab platform.
-
Institutional Investors vs Retail Investors: Are psychological biases equally applicable to investor divides in Malaysia?
International Journal of Bank Marketing, 2019Co-Authors: Haruna Babatunde Jaiyeoba, Moha Asri Abdullah, Khairunisah IbrahimAbstract:Guided by several pioneered studies, the purpose of this paper is to comprehensively investigate the investment behaviours of Malaysian Retail and institutional Investors in an attempt to identify whether the influence of psychological biases is equally applicable to investor divides.,The researchers have adopted a quantitative research design by way of survey methodology to obtain data from institutional and Retail Investors in Malaysia. In addition, the authors have mainly employed second-order measurement invariance analysis to uncover the difference across investor divides.,The tests of measurement invariance at the model level indicate an insignificant difference between institutional Investors and Retail Investors. The post hoc test (at the path level) reveals that institutional and Retail Investors are similar with respect to representative heuristic, overconfidence bias and anchoring bias; though the results also show that they are different with respect to religious bias and herding bias.,Based on the findings of this study, it is generally not logical to assume that institutional Investors completely behave rational during investment decisions. Besides, future researchers are called upon to directly compare the investment decisions of institutional and Retail Investors with respect to whether the influence of psychological biases is equally applicable to them, particularly on the investigated psychological biases and other psychological biases that are not covered in this study.,This study has offered insight into whether the influence of psychological biases is equally applicable to institutional and Retail Investors in Malaysia using second-order measurement invariance analysis. This study is unique in context and the approach it has adopted.
Thomas Decker - One of the best experts on this subject based on the ideXlab platform.
-
which factors influence Retail Investors attitudes towards investments in renewable energies
Sustainable Production and Consumption, 2017Co-Authors: Johannes Gamel, Klaus Menrad, Thomas DeckerAbstract:In line with the global trend towards socially responsible products, socially responsible investments have gained increasing relevance worldwide. The effect of individuals’ concerns about the environmental sustainability of their consumption patterns has not only received increased attention from market participants but also from academics. Existing literature which focuses specifically on investments in renewable energies points out that individuals’ attitudes are good predictors or moderators of ecologically friendly investment behavior. This study aims to investigate those factors which influence Retail Investors’ attitudes towards investments in renewable energies. The results are based on an online-survey of participants in Germany and reveal that individuals’ social norms, their confidence in NGOs, and their evaluation of the relevant regulatory framework significantly influence their attitudes towards investments in renewable energies. Based on a multiple linear regression, it was found that the conceptual model used explains 49% of individuals’ attitudes. The results further reveal that German Retail Investors can be separated into two groups, namely “Supporters” and “Skeptics”, based on their attitudes towards investments in renewable energies. This study provides important practical implications for the investment community and proposals for future research.
Rolf Wustenhagen - One of the best experts on this subject based on the ideXlab platform.
-
what are Retail Investors risk return preferences towards renewable energy projects a choice experiment in germany
Energy Policy, 2016Co-Authors: Sarah Salm, Stefanie Lena Hille, Rolf WustenhagenAbstract:Citizens own nearly half the renewable energy generation capacity in Germany and have been important drivers of the country's energy transition. In contrast to citizens' important role in financing renewable energies, the energy policy and economics literature has traditionally focused on other Investors, such as incumbent energy firms. To close this gap, this paper reports on a large-scale survey of 1,990 German Retail Investors. Conducting a choice experiment with the subset of 1,041 respondents who expressed an interest in investing in community renewable energy projects, we present a unique dataset allowing for new insights in risk-return expectations of Retail Investors. We find that apart from return on investment, respondents are particularly sensitive to the minimum holding period and the issuer of community renewable energy investment offerings. A minimum holding period of 10 years implies a risk premium of 2.76% points. A subsequent segmentation analysis shows that two groups of potential community renewable energy Investors with different risk-return expectations can be identified: “local patriots” and “yield Investors”. In contrast to professional Investors, a majority of Retail Investors use simple decision rules such as calculating payback time or relying on their gut feeling when making investments.
Haruna Babatunde Jaiyeoba - One of the best experts on this subject based on the ideXlab platform.
-
Institutional Investors vs Retail Investors: Are psychological biases equally applicable to investor divides in Malaysia?
International Journal of Bank Marketing, 2019Co-Authors: Haruna Babatunde Jaiyeoba, Moha Asri Abdullah, Khairunisah IbrahimAbstract:Guided by several pioneered studies, the purpose of this paper is to comprehensively investigate the investment behaviours of Malaysian Retail and institutional Investors in an attempt to identify whether the influence of psychological biases is equally applicable to investor divides.,The researchers have adopted a quantitative research design by way of survey methodology to obtain data from institutional and Retail Investors in Malaysia. In addition, the authors have mainly employed second-order measurement invariance analysis to uncover the difference across investor divides.,The tests of measurement invariance at the model level indicate an insignificant difference between institutional Investors and Retail Investors. The post hoc test (at the path level) reveals that institutional and Retail Investors are similar with respect to representative heuristic, overconfidence bias and anchoring bias; though the results also show that they are different with respect to religious bias and herding bias.,Based on the findings of this study, it is generally not logical to assume that institutional Investors completely behave rational during investment decisions. Besides, future researchers are called upon to directly compare the investment decisions of institutional and Retail Investors with respect to whether the influence of psychological biases is equally applicable to them, particularly on the investigated psychological biases and other psychological biases that are not covered in this study.,This study has offered insight into whether the influence of psychological biases is equally applicable to institutional and Retail Investors in Malaysia using second-order measurement invariance analysis. This study is unique in context and the approach it has adopted.
-
Investment decision behaviour of the Malaysian Retail Investors and fund managers: A qualitative inquiry
Qualitative Research in Financial Markets, 2018Co-Authors: Haruna Babatunde Jaiyeoba, Razali Haron, Abideen Adeyemi Adewale, Che Muhammad Hafiz Che IsmailAbstract:Purpose - This study aims to investigate the Malaysian Retail Investors and fund managers’ investment decision behaviours. The study offers an important opportunity for understanding the Investors’ experiences, how they understand the Malaysian economy and their priorities for company selection. Other main aspects of this study are how Investors mitigate the influence of emotions and psychological biases and challenges faced during investment decisions. Design/methodology/approach - The researchers have mainly adopted an interpretivist approach for the present study. Qualitative data elicited through semi-structured interviews conducted with four Retail Investors and four fund managers were subjected to qualitative thematic analysis. Findings - The results reveal that the investment decision processes of fund managers are more comprehensive than those of Retail Investors. Although both fund managers and Retail Investors acknowledge the influence of psychological biases on their investment decisions, the former use different and comprehensive approaches to mitigate such influences during investment decisions compared with the latter. Other important findings are how Investors understand the Malaysian economy, their priorities for company selection and challenges faced during investment decisions. Research limitations/implications - The researchers have interviewed eight carefully selected interviewees across Retail Investors and fund managers divide. Adopting other grouping criteria, focus group discussion with more respondents or adopting a mixed-methods approach may increase our understanding of the investment decision behaviours of Malaysian Retail Investors and fund managers. Practical implications - This study could be used as a guide by both Retail Investors and fund managers when making investment decisions. Originality/value - This research has included both Retail Investors and fund managers; it has also increased literature on investment decision and behavioural finance, particularly in the context of Malaysian Investors and managers.
-
Investment decision behaviour of the Malaysian Retail Investors and fund managers
Qualitative Research in Financial Markets, 2018Co-Authors: Haruna Babatunde Jaiyeoba, Razali Haron, Abideen Adeyemi Adewale, Che Muhamad Hafiz Che IsmailAbstract:This study aims to investigate the Malaysian Retail Investors and fund managers’ investment decision behaviours. The study offers an important opportunity for understanding the Investors’ experiences, how they understand the Malaysian economy and their priorities for company selection. Other main aspects of this study are how Investors mitigate the influence of emotions and psychological biases and challenges faced during investment decisions.,The researchers have mainly adopted an interpretivist approach for the present study. Qualitative data elicited through semi-structured interviews conducted with four Retail Investors and four fund managers were subjected to qualitative thematic analysis.,The results reveal that the investment decision processes of fund managers are more comprehensive than those of Retail Investors. Although both fund managers and Retail Investors acknowledge the influence of psychological biases on their investment decisions, the former use different and comprehensive approaches to mitigate such influences during investment decisions compared with the latter. Other important findings are how Investors understand the Malaysian economy, their priorities for company selection and challenges faced during investment decisions.,The researchers have interviewed eight carefully selected interviewees across Retail Investors and fund managers divide. Adopting other grouping criteria, focus group discussion with more respondents or adopting a mixed-methods approach may increase our understanding of the investment decision behaviours of Malaysian Retail Investors and fund managers.,This study could be used as a guide by both Retail Investors and fund managers when making investment decisions.,This research has included both Retail Investors and fund managers; it has also increased literature on investment decision and behavioural finance, particularly in the context of Malaysian Investors and managers.
