Investors Behavioural Bias and Trading Behaviour - A Systematic Review

Abstract

A systematic review of literature has been conducted on investor’s trading behaviour, andscientific literature until the year 2020 has been reviewed. It comprises research articles, reviews, and research reports. Appropriate keywords have been used, and each chosen literature has been assessed for itsquality. Based on the quantitative and qualitative research, evidence has been made, and a multi-dimensional framework has been developed, which is the basis for further research.The review examinesthe factors influencing women investors trading in thestock market and the behavioural biases affecting women in due course of investment and trading.Findings from research evidence have been integrated through thematic synthesis. The findings broadly indicate that there is less participation by females trading inthe stock market, and the behavioural biases explored by past researchers have not explored on females alone. Hence, this study can be further used for analyzing thebehavioural biases inherent in women investors trading inthe stock market.