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Investor Behaviour towards Various Capital Market Information

Author

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  • V. Shanmugasundaram

    (Asst. Prof of Business Administration DDE, Annamalai University, India)

Abstract

Investing may offer expressive benefits like status and feelings of social responsibility besides utilitarian benefits like low risk in combination with high returns. Investor behaviour is characterised by overexcitement and overreaction in a volatile market. Investors get carried away by the financial magazine ratings, media impact, tips from share brokers, friends and others and the sources of information were not adequately tapped. The goal of financial independence and wealth drive millions of investors to seek out vehicles by which success may be achieved through any investment avenue. Investors have more socially oriented needs, which can have important implications for their decision making process. In this paper investor behaviour is analysed whether they behave rationally or irrationally towards various capital market information like bonus issue, rights issue, dividend declaration etc and the result show that investors behave rationally towards specific capital market information.

Suggested Citation

  • V. Shanmugasundaram, 2011. "Investor Behaviour towards Various Capital Market Information," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 2(7), pages 40-45, November.
    • Handle: RePEc:aii:ijcmss:v:2:y:2011:i:7:p:40-45
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    References listed on IDEAS

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    1. Nelson Maina Waweru & Evelyne Munyoki & Enrico Uliana, 2008. "The effects of behavioural factors in investment decision-making: a survey of institutional investors operating at the Nairobi Stock Exchange," International Journal of Business and Emerging Markets, Inderscience Enterprises Ltd, vol. 1(1), pages 24-41.
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