1. EXPLORING THE IMPACT OF BEHAVIOURAL FINANCE ON INVESTMENT DECISION MAKING: INVESTIGATING PSYCHOLOGICAL FACTORS IN FINANCIAL MARKETS
Authors: Dr. HIMANSHU GUPTA1, Dr. ANURADHA CHAURASIA2 and Dr. SHIVAM AGARWAL3
Abstract
The paper provides an in-depth analysis of behavioral finance investment to give a precise understanding of the way psychological aspects influence investment decision making. This paper examines how psychological factors influence the investment decisions through the exploration of the behaviorial finance as the branch of study that helps understand how actual investors’ behavior deviates from the perfect rationality assumed in the neoclassical finance theory. Subsequently, the research explores the main cognitive and motivational biases that affect decision making at mostly migrant stages: confirmation bias, overconfidence, loss aversion, herding behavior etc., It also includes examples associated with real life examples to demonstrate practical bearings of the abovementioned notions in investing systems and money related markets. It discusses self-inflicted bias that investors bring into and applies to portfolio decision-making, risk assessment, and the existence of inefficiencies in the market. In addition, this paper looks at the consequences for the individual investors, fund managers, and the financial industry in general. Further, this work used Exploratory Factor Analysis, Principal Component Analysis with the help of SPSS 26.
Keywords: Behavioural Finance, Psychological Factors, Financial Markets.
2. EVOLVING STRATEGIES FOR CLEAN ENERGY IN PUBLIC TRANSPORT IN INDIA: A CASE OF BLUSMART
Authors: RAKESH GUPTA
Abstract
This article focuses on the key challenges to the electric vehicle adoption for public transport in India. While looking at the challenges, it also examines few examples of successful models running on EV, in the field of private players in public transport especially the cab rental companies. People in India are becoming increasingly aware of the benefits of going green for family road-trips, daily commuting, business meetings etc., which helps in reduction in carbon footprints. So, renting an EV in India is gaining popularity nowadays as there is a need of environmentally friendly and sustainable transportation options. Electric vehicles do not have engines or tail pipes since they are running on batteries that powers the electric motor. The harmful air pollution as well as greenhouse gas emission can be reduced with this transformation, which can ultimately help prevent global warming. For introducing cleaner alternatives to fossil fuel in public transport, we need to develop strategies and incentives to replace them with E-Vehicles and also create awareness among public.
Keywords: Public Transport, E-Vehicles, Fossil Fuel, Environment Sustainability, Air Pollution, Blusmart
3. THE IMPACT OF COVID-19 ON INDIA’S CORPORATE GREEN BOND MARKET
Authors: AMIT BATHIA1, JAGABANDHU PADHY2*, JIGNESH THAKKAR3, Dr. RESHMA GHORPADE4, SUBHASIS PAL5 and PANKAJ KUMAR SINGH6
Abstract
A green bond is a type of fixed income debt instrument where investors can purchase a sizable amount of money from the issuer, who is usually a government agency, business, or financial institution, to fund sustainability related projects. The impact of the COVID-19 pandemic on the Indian green bond market, therefore, finds significance in the understanding of the time-series changes in investor behavior and the market dynamics during adverse economic times. The changes in corporate credit spreads over the period from 1 January to 31 December 2020 were analyzed using daily data emanating from Thomson Reuters' Refinitiv. The analysis demonstrates that green bond credit spreads increased sharply to react to a rise in the spread of the pandemic. However, while news of new vaccines reduced worries, green bond spreads weakened, sometimes even below conventional bond spreads. The results provide evidence that, besides having a higher risk exposure and being more limited in their ability to absorb shocks during distress episodes, green bonds are also outperformers in episodes of recovery. It is the first evidence that there is a variance in the Indian corporate green bond market resulting from the COVID-19 pandemic and the vaccine announcements, which would then entail consequences for investors and issuers writhing under these very special challenges caused by this pandemic.
Keywords: COVID-19 Pandemic, Green Bond Market, Corporate Credit Spreads, Economic Instability, Investor Behavior, Vaccine Impact, Financial Resilience, Credit Risk.
4. ACCOUNTING PROCEDURE FOR HUMAN RESOURCES AND THEIR EFFECT ON MANAGERIAL EFFECTIVENESS
Authors:
ARUP ROY CHOWDHURY1, RAVI KUMAR BOMMISETTI2*, SREE LAKSHMI MOORTHYGARI3, SUMI AM4 and K.S. CHANDRASEKAR5
Abstract
Every organization’s human resources are valuable asset that contribute significantly to both business and economic growth. Human resources accounting (HRA) is relatively new idea, and in order to get the significance of financial statement preparation. Because there are no laws governing the practice of HRA has failed to establish a position comparable to that of other accounting specialties. There has been a gradual increase in the use of HRA practices in addition to traditional accounting as industries have come to recognize the value of people and view human resources as strategic assets. The purpose of this study is to ascertain how HRA practices affect management metrics. Analysis of 100 responses from HR professionals employed by a reputable Bhubaneshwar company.
Keywords: Human Resource Accounting, Managerial Enactment, Models and Methods.
5. THE EFFECT OF DIGITAL MARKETING AND PSYCHOLOGICAL FACTORS ON CONSUMER DECISION-MAKING: A STUDY OF PUNJAB AND HARYANA
Authors: SUMANPREET KAUR1 and Dr. RAKESH KUMAR SHARMA2
Abstract:
Background: The existing studies in digital marketing have been conducted in the developed markets except a few which have been conducted in the emerging markets. Hence, the present study is an attempt to fill this research gap.
Purpose: Digital marketing is the avenue of electronic communication that is used to endorse goods and services in the marketplace. Nowadays companies are using digital marketing channels to publicize information about their brands and have a momentous impact on customers' preferences and purchase intentions. The main purpose of this paper is to scrutinize the impact of digital marketing channels and behavioral elements on purchase lead and product inclination.
Design/methodology/approach: A questionnaire-based survey was conducted in Punjab and Haryana to gauge consumers' responses to find out the impact of digital marketing channels and behavioral factors on purchase intentions and product preferences. Partial Least Square-structural equation modeling (PLS-SEM) is adapted to interpret the link between different indicators. Further, importance-performance map analysis (IPMA) has been employed to assess the significant and effective dimensions of digital marketing channels.
Findings: The results assert that digital marketing tools and psychological factors have a remarkable impact on consumer purchase intention and hence purchase decisions. IPMA concluded that the behavioral factor has the highest performance, and the usability of digital marketing channels has the lowest.
Conclusion: The obtained results conclude that purchase intentions and product preferences can be created and reinforced using digital marketing channels.
Contribution: Companies with online presence should beautify their digital marketing channels to improve sales. The findings provide valuable insights for policymakers.
Originality: Most of the studies existing in this area have been conducted in the developed markets except a few which have been conducted in emerging markets. Hence, this present study is an attempt to fill this research gap.
This paper investigates global greenhouse gas (GHG) emissions trends from 2010 to 2023, with a specific focus on India's role. Using data from various sources, including quarterly and annual GHG emissions, the study analyzes regional emissions, the impact of economic activities, and the effectiveness of mitigation strategies. The findings highlight significant trends and correlations, providing insights into global and regional climate policies
Keywords: Digital Marketing, Digital marketing channels, Product preferences, Purchase intentions, Structural equation modeling, Emerging markets.
6. CAUSE-RELATED MARKETING STRATEGY: A SYSTEMATIC LITERATURE REVIEW THROUGH BIBLIOMETRIC AND META ANALYSIS USING VOS VIEWER
Authors: ANJALI K1 and Dr. RETHY B MENON2
Abstract:
This study performs a systematic review of Cause-Related Marketing (CRM) research to analyze document publication trends alongside dominant scholars and research group formations. The paper focuses on researching important studies, thematic trends, and vacant areas for future investigation. This study uses a bibliometric and meta-analytic method which relies on both VOS viewer and MS Excel to generate data visualizations and statistical analysis results. The analysis provides three main sections which consist of publication trend research over time, author and journal rankings, and national research connections through bibliographic coupling. This research utilized Meta-analysis tools like Total Variance Explained and Scree Plot together with Rotated Component Matrix to extract research dimensions from the data. Research on CRM produced 22 main terms that clustered into three groups and saw continuous growth after 2010. The Journal of Business Ethics maintained the highest position as an influential journal with 16 countries establishing dominance in the research field. The meta analysis demonstrated nine substantial research components that identify unique themes in CRM research. The research analysis works only with bibliographic publications from selected databases while citation-based analysis may fail to precisely measure the true impact of research output. The study delivers important knowledge points that researchers and practitioners can use as foundations for their ongoing work and new research development. The paper identifies that CRM research continues to develop while showcasing the necessity of academic interaction between different countries and disciplines. Research cluster knowledge enables marketers and policymakers with corporate strategy specialists to create socially responsible consumer-oriented marketing campaigns. The paper creates a link between bibliometric analysis and meta-analysis to present an integrated view of CRM research. The established structure guides researchers to explore existing literature sources while enabling them to advance the CRM discipline better.
Keywords:
Cause-Related Marketing Strategy, Sustainability, Meta-Analysis, Corporate Social Responsibility, Research Clusters, VOS Viewer, Bibliometric Analysis, Systematic Literature Review.
7. THE ROLE OF SENIOR LEADERSHIP IN DRIVING AGILE SOFTWARE DEVELOPMENT SUCCESS DURING DIGITAL TRANSFORMATION IN INVESTMENT BANKS
Authors:
Dr. VIVEK SINGH1, TANISH LALWANI2, VEER CHAUHAN3, ZOHAIR SIAWALA4, ARYAN CHINDALIA5, MANVEER SHARMA6 and MRIGANK BANSAL7
A DAS3
Abstract:
Purpose: This study investigates how senior leadership influences the success of Agile software development initiatives within the context of digital transformation in investment banks. It aims to understand the role of leadership in driving Agile adoption and its impact on achieving successful digital transformation. Design/Methodology/Approach: The study services a qualitative methodology to analyze and synthesize existing research on senior leadership’s role in Agile software development within investment banks. Findings: The findings reveal that senior leadership is pivotal in fostering a conducive environment for Agile practices by aligning Agile methods with strategic objectives, driving cultural change, and addressing obstacles such as resistance to change and inadequate training. Key success factors include strong leadership commitment, effective communication, & the ability to adapt Agile methodologies to the banking industry's specific needs. The study also identifies a gap in understanding the effects of different leadership styles and the long-term impacts of Agile methods, suggesting areas for further research. Practical Implications: For practitioners, the study underscores the significance of strategic investments in Agile training and team restructuring. Investment banks can leverage these insights to develop leadership programs focused on Agile competencies and implement organizational practices that enhance collaboration and innovation. Originality/Value: The research contributes to the theoretical understanding of Agile adoption by integrating leadership theories with Agile methodologies, extending existing frameworks on leadership and organizational change. It also provides practical insights for investment banks seeking to implement Agile approaches are highly effective in highlighting the crucial role of leadership in facilitating successful digital transformation.
Keywords:
Digital Transformation, Leadership, Agile Methodologies, Investment Banking, Operational Efficiency, Technology Integration.
8. ANALYSING IMPACT OF FACTORS AFFECTING EXPORT DYNAMICS OF UNITED KINGDOM
Authors: Dr. VIVEK SINGH1, TANISH LALWANI2, VEER CHAUHAN3, ZOHAIR SIAWALA4, ARYAN CHINDALIA5, MANVEER SHARMA6 and MRIGANK BANSAL7
Abstract: This research examines the contribution of PESTEL (Political, Economic, Social, Technological, Environmental, and Legal) factors in influencing the UK's export dynamics. As Brexit reshapes trading policies and economies, this research examines how these external factors influence the UK's standing in global trade. Using an in-depth examination of political stability, economic indicators, population, technological advancements, environment, and law, this research unveils UK exporters' greatest challenges and opportunities. A quantitative analysis is conducted, with statistical analysis and hypothesis testing being applied in analyzing political stability and expansion in trading, inflation and performance in exporting, technological investment and expansion in revenues, environment and economic growth, and legal frameworks and competitiveness in business. Findings indicate that political uncertainty post-Brexit have eroded investor confidence and volumes in trading, and technological advances in fintech and manufacturing have strengthened the competitive stance of the UK. Inflation management plays an important role in maintaining competitiveness in exporting, and environment policies have increasingly become an integral part of economic planning.
Keywords:
Export Dynamics, PESTLE Factors, United Kingdom Trade, Economic Planning, Global Trade.