2022
DOI: 10.48165/sajssh.2022.3408
|View full text |Cite
|
Sign up to set email alerts
|

Financial Revolution: From Traditional Finance to Behavioral and Neuro-finance

Abstract: The paper aims to study the growth and evolution of finance, as well as how the evolution of  finance theories aids investors in decision-making. The traditional finance model's perfect  mobility and rationality fail to predict the economic events, dot-com bubble, and the European debt crisis. These economic disasters provide the foundation for the development of behavioral finance. Psychology and finance are merged into behavioral finance. It defies the traditional  financial premise. The field provides uniqu… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1

Citation Types

0
2
0

Year Published

2023
2023
2023
2023

Publication Types

Select...
4
1

Relationship

0
5

Authors

Journals

citations
Cited by 5 publications
(3 citation statements)
references
References 45 publications
0
2
0
Order By: Relevance
“…Business organization development studies focused on the perspective based on economic, cultural, social, and environmental sustainability. Because it ensures the continuous development of the organization sustainability places "its attention on a set of values and ethical principles, which guide action responsibly and consistently, with measures integrating environmental and societal outcomes, with economic objectives (Font et al, 2017;Rashid, Ahmad & Tariq, 2022).…”
Section: Literature Review the Strategic Perspective Of A Sustainable...mentioning
confidence: 99%
“…Business organization development studies focused on the perspective based on economic, cultural, social, and environmental sustainability. Because it ensures the continuous development of the organization sustainability places "its attention on a set of values and ethical principles, which guide action responsibly and consistently, with measures integrating environmental and societal outcomes, with economic objectives (Font et al, 2017;Rashid, Ahmad & Tariq, 2022).…”
Section: Literature Review the Strategic Perspective Of A Sustainable...mentioning
confidence: 99%
“…In the cause of time, new rationalisation of anomalies emerged in the form of behavioural finance analysis (BFA) headed by Thaler (1985Thaler ( , 1999Thaler ( , 2015Rashid et al, 2022), which raised much scepticism about the claimed rational investor assumption of EMH. BFA introduced the idea that psychological factors influence investors' investment decisions.…”
Section: Literature Review 21 Theoretical Frameworkmentioning
confidence: 99%
“…Affective, continual, and normative commitment are the three pillars of organizational commitment. The term "affective commitment" describes a worker's strong emotional bond with a company (Sulaiman, Rana, & Shabbir, 2020;Rashid, Ahmad & Tariq, 2022). Employee connection to the organization results from meeting their requirements, and this is known as continuity commitment (Pham, Affiliation, Affiliation, & Phan, 2019).…”
Section: Employee Commitmentmentioning
confidence: 99%