ABSTRACT
THE INFLUENCE OF BEHAVIORAL FINANCE ON INVESTMENT CHOICES
This research explores the influence of behavioral finance on investment choices, focusing on: (1) the impact of cognitive biases on investment decisions; (2) the strategies for mitigating the effects of behavioral biases; (3) the challenges in understanding investor behavior. A survey research design is utilized to collect quantitative data. Taro Yamane's formula is used to derive a sample size of 310 respondents from Lagos, representing a mix of retail and institutional investors. An investment advisory firm is selected as the case study due to its focus on investor behavior. The reliability coefficient score for the survey instrument is 0.86. Findings indicate that cognitive biases, such as overconfidence and loss aversion, significantly influence investment choices. Techniques such as investor education, decision aids, and behavioral coaching are highlighted. It is recommended that investors increase their awareness of behavioral biases, seek unbiased advice, and implement systematic decision-making processes to improve investment outcomes.
ABSTRACT
This study was carried out to examine the impact of emotional intelligence on academic performance of senior secondary school st...
ABSTRACT: Exploring the role of early childhood education in promoti...
Abstract
The broad objective of this study is to examine the impact of formal education on community development in Ored...
ABSTRACT
This study examined the relationship between labour productivity and economic...
Background of the Study
Non-Governmental Organizations (NGOs) in Nguru Local Government Area rely on do...
Background of the Study
Health awareness is essential in addressing public health challenges, especially in rural and un...
ABSTRACT
The Yorubas are composed of several clans of which the chief are the Oyos, the Egbas, the Ifes and the Ijebus,...
Background of the Study
The adoption of International Financial Reporting Standards (IFRS) has become a significant feat...
Background of the Study
Accurate financial reporting is essential for ensuring transparency, accountabi...
1.1 Background of the Study
Social responsibility initiatives in eve...