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Impact of Behavioral Elements on Investment Decisions of Financial Managers An empirical Investigation From Financial Sector of Pakistan

Thesis Info

Author

Muhammad Ihsaan

Department

Department of Management Sciences

Program

Mphil

Institute

National University of Modern Languages

Institute Type

Public

City

Islamabad

Province

Islamabad

Country

Pakistan

Thesis Completing Year

2015

Subject

Management Sciences

Language

English

Added

2021-02-17 19:49:13

Modified

2024-03-24 20:25:49

ARI ID

1676728791777

Similar


The most crucial stage in the life of financial managers is to take investment decisions. So it is important to understand all the factors necessary for making investment decisions. With the advent of behavioral finance it becomes compulsory to study behaviors of investors and the financial managers. Behavior has great impact on investment decisions. The behavioral elements like risk averse attitude, corporate governance effect, use of financial measurement tools and the heuristics need to study. The aim of the study is to find the influence of these behavioral elements on investment decisions of financial managers. The financial sector of Pakistan was our population and the target was financial institutions like investment firms, insurance companies, banks and individual investors. A sample of 200 financial managers was taken. For the data analysis purpose, first of all descriptive statistics was used to calculate the basic characteristics of the data in summarized form. The reliability was checked through Cronbach's Alpha test. The relationship of the variables was assessed by Pearson correlation method. The results were significant and the variables were highly correlated. The significance results clearly defined the significant changes in dependent variable. The null hypothesis is rejected. So this study concluded that there is strong and positive impact of behavioral elements. In spite of various sophisticated financial measuring tools these behavioral elements have great importance for financial decision making. The study is helpful for investor especially taking financial decision and managing portfolios of financial assets.
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احسن مارہروی

احسنؔ مارہروی
احسنؔ مرحوم اردو کے کہنہ مشق شاعر اور قواعد زبان کے بڑے عالم تھے۔ حضرت داغؔ دہلوی سے تلمذ رکھتے تھے۔ یہی وجہ ہے کہ احسنؔ کے کلام میں بھی فصاحت وبلاغت اوریجنلٹی اورروانی داغؔ کے رنگ کی پائی جاتی ہے۔مرحوم کا اصل وطن مارہرہ تھا۔ کئی سال تک مسلم یونیورسٹی علی گڑھ میں اردو کے لیکچرر رہے۔۱۸۹۶ء میں’’ریاض سخن‘‘کے نام سے ایک گلدستۂ اشعارجاری کیا۔ پھر لاہور سے غالباً استادداغؔ کی یادگار میں’’فصیح الملک‘‘نام کا ایک ماہنامہ نکالا۔نثر میں اُن کی تصنیف’’تاریخ نثراردو‘‘بہت مشہور ہے۔اس کے علاوہ ولیؔ دکنی کے ضخیم دیوان کی تصحیح وترتیب بڑی محنت وجانفشانی سے کی اور داغؔ مرحوم کے غیر مطبوعہ کلام کومرتب کرکے’’یادگار داغ‘‘کے نام سے شائع کیا۔موصوف شاعری کے علاوہ صورۃً وسیرۃً بھی طرزقدیم کے بزرگ تھے۔حق تعالیٰ انہیں جواررحمت میں ابرار وصلحاء کامقام عطافرمائے۔آمین [اکتوبر۱۹۴۰ء]

 

سماع و وجد میں مجدد الف ثانی اور امام ابن تیمیہ کے افکار کا تقابلی مطالعہ

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