IDEAS home Printed from https://ideas.repec.org/a/ids/ijbeaf/v7y2024i2p193-213.html
   My bibliography  Save this article

Analysing the influence of prospect factors on Indian retail investors' investment decisions

Author

Listed:
  • Arjun Hans
  • Farah S. Choudhary

Abstract

The behavioural factors impacting investment behaviour studied by behavioural finance, how good these studies hold in the Indian market context. The present research attempted to investigate the influence of prospect factors, i.e., risk aversion, loss aversion and regret aversion on investment patterns and behaviour in the Indian stock market. Investors are rational and markets are efficient as stated by traditional finance, gave this research the basic idea to explore the factors that impact the rationality of investors and the efficiency of markets. The objective of the study was to build a relationship between prospect theory and the investment performance of individual retail investors. Purposive and snowball sampling techniques of non-probability sampling were used. A sample size of 300 has been taken into study. EFA, CFA and SEM research tools were used in the prior research. Both risk and regret aversion had positive significant association with investment decisions of 14 and 25%, respectively.

Suggested Citation

  • Arjun Hans & Farah S. Choudhary, 2024. "Analysing the influence of prospect factors on Indian retail investors' investment decisions," International Journal of Behavioural Accounting and Finance, Inderscience Enterprises Ltd, vol. 7(2), pages 193-213.
    • Handle: RePEc:ids:ijbeaf:v:7:y:2024:i:2:p:193-213
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=139369
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbeaf:v:7:y:2024:i:2:p:193-213. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=237 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.