Empirical Analysis of Self‐Efficacy of Investors in Stock‐Market Involvement and Financial Information‐Seeking Behavior

Paper presented at Symbiosis Institute of International Business International Conference on “Emerging challenges in Business for Global Sustainability” on 20th and 21st February 2015.

Posted: 12 Mar 2015

See all articles by Bhavesh Vanpariya

Bhavesh Vanpariya

Independent

Sushil Chaurasia

SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

Harshit Maurya

Symbiosis International University

Date Written: February 21, 2015

Abstract

The decision of why a particular investor or an individual chooses to invest his/her portion of income in financial market or stock market depends on their knowledge of capital markets and their attitude regarding stock-market investing. Also, it’s important to understand how investors seek information regarding their financial decision before they actually invest.

Such an investigation would reveal investors’ behaviour and uncover their cognitive aspect regarding their investment patter. This study explores and examines the role of self-efficacy in stock market involvement and participation and financial information-seeking behavior. Researcher also measures reliability and validity of self-financial efficacy model in Indian typology.

Keywords: Consumer Behaviour, Investment behaviour, Behavioural Finance

JEL Classification: M31

Suggested Citation

Vanpariya, Bhavesh and Chaurasia, Sushil and Maurya, Harshit, Empirical Analysis of Self‐Efficacy of Investors in Stock‐Market Involvement and Financial Information‐Seeking Behavior (February 21, 2015). Paper presented at Symbiosis Institute of International Business International Conference on “Emerging challenges in Business for Global Sustainability” on 20th and 21st February 2015., Available at SSRN: https://ssrn.com/abstract=2576684

Bhavesh Vanpariya

Independent

Sushil Chaurasia (Contact Author)

SVKM's Narsee Monjee Institute of Management Studies (NMIMS) ( email )

V. L. Mehta Road,
Vile Parle (W),
Mumbai, 400 056
India

Harshit Maurya

Symbiosis International University ( email )

SB Road, Lavale
Mulshi
Pune, Maharashtra 411004
India

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