2023
DOI: 10.18311/jbt/2023/33584
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Impact of Behavioural Biases on Investment Performance: A Comparative Analysis of Investors from India, USA and UK

S. Kanojia,
D. Malhotra

Abstract: This study presents evidence towards the existence of behavioural biases while analysing the impact of such biases on the investors’ investment performance in India, the USA, and the UK. Further, the study aims to investigate the moderating role of financial literacy on the relationship between behavioural biases and investment performance. It reveals that behavioural biases like affect heuristic, herding and status quo positively impact the investors’ investment performance amongst Indian investors whereas lo… Show more

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