International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 3 May-June 2024 Submit your research before last 3 days of June to publish your research paper in the issue of May-June.

A Comparative Study on Factors Influencing Investment Decisions of Investors Based on Income Level in Coimbatore

Author(s) Priyadarshini M, Deepa R
Country India
Abstract This research project is a comparative analysis between the levels of income of individuals making investment decisions based on different factors from the Traditional Finance Theory and Behavioural Finance Theory. The study involves data that was collected using quota sampling method from the students and housing community in Coimbatore. There are about 154 responses collected for the purpose of the study. The non-parametric test Mann-Whiteney U Test was done to compare the impact of various variables in the different income groups- Low and High by analysing the statistically significant differences. The findings reveal that the factors of traditional finance and behavioural finance differ amongst the income groups. The perception of financial literacy has no significant difference between the categories. Risk & Return are almost perceived similarly by both the groups. Frame dependence and Herd behaviour have significant difference in its impact on the income groups. Although the findings reveal insightful information regarding the factors of investment decision which can be utilised by various stakeholders like investors and financial advisors, the study has its own limitations of using non-probability sampling method.
Keywords Investment decision, Income level, Traditional Finance, Behavioural Finance, Financial Literacy.
Field Business Administration
Published In Volume 6, Issue 2, March-April 2024
Published On 2024-04-12
Cite This A Comparative Study on Factors Influencing Investment Decisions of Investors Based on Income Level in Coimbatore - Priyadarshini M, Deepa R - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.16573
DOI https://doi.org/10.36948/ijfmr.2024.v06i02.16573
Short DOI https://doi.org/gtqxz3

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