Papers by Kushal Chandra Shrestha
Even though most investors believe they are rational, behavioral finance theories suggest that in... more Even though most investors believe they are rational, behavioral finance theories suggest that investors have emotional inclinations which cause them to exhibit information processing biases and other biases. We cannot deny the fact that the behavioral biases that come from our emotions and psychology influence our investment decisions and cause us to behave in unpredictable or irrational ways.
The present study investigated whether majority of Nepalese investors investing in secondary market of Nepal (NEPSE) showed Disposition Effect, Overconfidence Bias and Herding Behavior or not. 60 investors of two stock brokers (ABC Securities Private Limited and Sani Securities Company Limited) were taken as sample of the study using judgmental convenience sampling technique. Self-designed questionnaire was used for data collection. So, the study is based on primary data. Since the questionnaire took very short time to fill and it was distributed to investors personally, the response rate was 100%. Data were analyzed using Microsoft Word 2016 and Microsoft Excel 2016. The result concludes that 75% (majority) of Nepalese investors show Disposition Effect and 76% (majority) show Herding Behavior. Only 34% show Overconfidence Bias.
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Papers by Kushal Chandra Shrestha
The present study investigated whether majority of Nepalese investors investing in secondary market of Nepal (NEPSE) showed Disposition Effect, Overconfidence Bias and Herding Behavior or not. 60 investors of two stock brokers (ABC Securities Private Limited and Sani Securities Company Limited) were taken as sample of the study using judgmental convenience sampling technique. Self-designed questionnaire was used for data collection. So, the study is based on primary data. Since the questionnaire took very short time to fill and it was distributed to investors personally, the response rate was 100%. Data were analyzed using Microsoft Word 2016 and Microsoft Excel 2016. The result concludes that 75% (majority) of Nepalese investors show Disposition Effect and 76% (majority) show Herding Behavior. Only 34% show Overconfidence Bias.
The present study investigated whether majority of Nepalese investors investing in secondary market of Nepal (NEPSE) showed Disposition Effect, Overconfidence Bias and Herding Behavior or not. 60 investors of two stock brokers (ABC Securities Private Limited and Sani Securities Company Limited) were taken as sample of the study using judgmental convenience sampling technique. Self-designed questionnaire was used for data collection. So, the study is based on primary data. Since the questionnaire took very short time to fill and it was distributed to investors personally, the response rate was 100%. Data were analyzed using Microsoft Word 2016 and Microsoft Excel 2016. The result concludes that 75% (majority) of Nepalese investors show Disposition Effect and 76% (majority) show Herding Behavior. Only 34% show Overconfidence Bias.