Investment Intentions Research Articles

Cryptocurrency Investments: The Role of Advisory Sources, Investor Confidence, and Risk Perception in Shaping Behaviors and Intentions

The rapid growth and increasing adoption of cryptocurrencies have reshaped the investment landscape, presenting unique opportunities and challenges for investors. This study examines how advisory information sources influence cryptocurrency investment behaviors and intentions among U.S. investors. Using data from the 2021 National Financial Capability Study, it explores how reliance on financial professionals, media, and social networks shapes investment decisions. The motivation for this research lies in the need to understand the divergent roles of these sources in an era where traditional and emerging financial advice coexist. Findings reveal that reliance on financial advisors correlates with reduced cryptocurrency investment and future investment intentions, reflecting advisors’ cautious stance toward volatile assets. Conversely, reliance on media and social networks significantly increases both current investments and future intentions. The findings also highlight that investor confidence is positively associated with the likelihood and intentions to invest in cryptocurrency. Conversely, heightened risk perceptions associated with cryptocurrency reduce both the likelihood and intentions to invest. The study calls for financial professionals to enhance client education on cryptocurrency risks and for policymakers to strengthen regulations, ensuring accurate information dissemination through media and social networks. By providing a nuanced understanding of advisory influence and investors’ characteristics, this research offers valuable insights for financial professionals, policymakers, and investors navigating the complexities of cryptocurrency investments.

Millennial behavioral intentions toward socially responsible investment: an application of norm activation model in a developing country

Purpose Sustainable financial practices are integral to achieving the United Nation’s development goals that necessitates the collaborative efforts of both corporate and investors. This study focuses on investors’ pro-environmental personal norms (PN) along with hedonic values on socially responsible investment (SRI) intentions, which could help in understanding investors’ responsiveness to corporate Environmental, Social and Governance efforts. Design/methodology/approach The sample for this study included 415 responses from young millennial investors, using a cross-sectional research design. A two-step structural equation model was used to analyze construct reliability and validity and to test the hypotheses and overall model predictability. The mediating role of ascribed responsibility (AR) between the awareness of consequence (AOC) and PNs was investigated. Findings These results indicate that AOC and AR substantially affect PNs. PNs based on AOC and AR was found to be significant but scored lower than hedonic considerations for SRI. In addition, the relationship between AOC and PNs exhibited a full mediation effect on AR. Practical implications These findings suggest that investors are environmentally conscious when aware of the repercussions of their actions. They feel accountable, even when making financial choices. Fund managers might include more environmentally responsible companies in their portfolios and the government could offer tax incentives to attract investors. The active economic participation of an increasing number of pro-environmental investors can improve the macroeconomic climate. Originality/value This is the first study to use the norm activation model for pro-environmental behavior in a financial setting. Most previous studies have focused on social norms to showcase individuals’ obligation and responsibility for a good cause. However, this study demonstrates the importance of personal moral obligation in shaping societal norms. Hedonism is a new dimension in the context of responsible investment.

Unlocking the secrets of stock market investment behaviour: A comparative study among rural and urban investors in an emerging economy

This paper aims to determine how investors’ financial planning and investment intention mediate the relationship between attitude and investment behaviour in the stock market. This research contains two cross-sectional surveys on 386 rural (R) and 392 urban (U) investors through “partial least square-structural equation modelling (PLS-SEM)”. The outcomes exhibited that social influence significantly influences whereas perceived risk insignificantly influences financial attitude in both studies. Further, financial knowledge significantly influenced the financial attitude in Study U; however, it insignificantly influenced Study R. Further, the results exhibited that there is a substantial association exist between financial attitude, financial planning, investment intention and investment behaviour in both studies. Based on cumulative prospect theory, this unique and timely research contributes in the prior literature by delivering an in-depth understanding of why investors are hesitant to invest in stock market. The current article extends the academic literature with new conceptual insights that researchers have not studied earlier in developing nations.

How can Social Media Platforms Usage Support Investors' Green Investment Intention An empirical study

How can Social Media Platforms Usage Support Investors' Green Investment Intention An empirical study

“Extending TPB Framework: Investigating Environmental and Social Influences on Sustainable Investment Intention”

Purpose: The present study has attempted to extend the TPB Framework evaluating factors influencing behavioural intention towards Sustainable investments by adding Environmental concern (EC) and Social Responsibility (SR) in the current model. Methodology: Data has been collected from 425 investors and Structural equation model (SEM) technique has been used for the current Sustainable investment intentions. Findings: The study reveals significant positive impact of ATT, SN, EC, SR and PBC on Sustainable investment intentions. Practical Implications: Investment companies can leverage insights from this study to design and promote tailored ESG investment products that resonate with environmentally and socially conscious investors. The government can use these insights to develop policies that promote sustainable investments, encouraging responsible financial practices. Originality: The study sought to address a critical Gap in the research literature by examining collective impact of EC and SR on the TPB constructs.

From propensity to action: exploring gender and cognitive influences on Informal Investment Intentions

This study explores the factors influencing Informal Investment Intentions among potential investors, focusing on Risk Propensity and Subjective Norms. It examines the mediating effect of Entrepreneurial Alertness and the moderating role of gender, aiming to understand how these elements shape investment decisions among management students in India. A survey-based cross-sectional research design is followed to evaluate a 340 cross-sectional sample. Global Entrepreneurship Monitor (GEM) database, SEM, and the PROCESS macro have been utilized to understand the synchronization between the variables. CFA, RMSEA, GFI, and TLI tests are employed to check the fitness and validity of the model, and CMB, together with PFA, have been applied for variance testing. The study found that Subjective Norms significantly influence Informal Investment Intentions, mediated by Entrepreneurial Alertness. Gender exuberates the relationship between Risk Propensity and Informal Investment Intentions through Self-Efficacy, with stronger effects observed among male students. Findings offer insights for policymakers and educators to design interventions fostering Informal Investment Intentions by enhancing Entrepreneurial Alertness and addressing gender-specific differences, particularly among management students. This study adds to the literature by examining gender's moderating role in the relationship between Risk Propensity and Informal Investment Intentions, providing a nuanced understanding of informal investment behavior in an Indian context.

Energy Audit of an Enterprise for Powder Coating and Blasting Details

An energy audit of an enterprise for powder coating and blasting details was carried out. The production process in an enterprise was examined. A description of technological processes and technological equipment was made. Primary information regarding energy costs incurred in an enterprise for three year period was collected and analyzed. The baseline for energy consumption, depending on the energy consumption in an enterprise for the considered period of the survey was determined. Specific energy costs of an enterprise before and after energy saving measures was calculated and compared. Energy-saving measures, object of investment intention, were presented. Energy and non-energy cost savings from the applied energy saving measures were analyzed. The increase in productivity and competitiveness of the enterprise as a result of the proposed energysaving measures was shown. On this basis an economic and ecological assessment of the proposed energysaving measures was carried out. Energy savings in an enterprise are presented as saved energy in kWh/year and as saved carbon emissions in tons of CO2/year.

Whether words and deeds are consistent or superficial: Will Management Discussions Attract Green Fund Managers?

Based on the text analysis of MD&A intonation of Chinese listed companies in Shanghai and Shenzhen A-share companies from 2008 to 2021, we study the attracting effect of green words in MD&A on the entry of green fund investors. The research finds that the disclosure of green words by management is significantly positively correlated with the entry of green fund investors. It shows that green words can attract green fund investors, and when we divide green words into energy saving and emission reduction, the two kinds of words still have a significant role in attracting green fund investors. Further research shows that when the MD&A of the enterprise is consistent with the action (green invention patent), green fund investors have the strongest investment intention. Otherwise, investors may regard it as a kind of information manipulation and thus be cautious about investment. This study provides new empirical evidence for the study of economic consequences from the perspective of text analysis.

Factors that influence the attitude of young people to participate in crowdfunding campaigns

This paper highlights the factors that influence young people’s attitude to participate in crowdfunding campaigns, and to what extent such factors impact their investment intentions. A quantitative approach is employed using a survey to gather information from Al Maaref University students about the determinants influencing their intentions to invest in crowdfunding and to explain how such factors affect their attitudes towards crowdfunding decisions. This study found that emotions and attitudes as well as attitudes and PBC are statistically and positively related. Moreover, personality types ‘Agreeableness (A) and Neuroticism (N)’ have a positive impact on PBC (with p ˂ 10%), and subjective norms (SN) have a direct influence on engagement intention (EI) (p ˂ 5%). PBC has a positive impact on EI (p ˂ 5%), and risk preferences have a positive impact on EI (with p ˂ 10%). In addition, results show that personality types do not have a positive impact on SN, and personality types Extraversion (E), Conscientiousness (C), and Openness (O), do not have a positive impact on PBC. Subjective norms do not have a positive impact on attitudes (p ˃ 5%). Moreover, PBC does not have a direct influence on SN or behavior, risk preferences do not have a positive impact on EI (p ˃ 5%), and demographic factors do not have a positive impact on EI. The findings of the study shall promote the comprehension of the influences that motivate young entrepreneurs to participate in crowdfunding campaigns. This paper’s findings benefit investors, fintech decision-makers, and policymakers.

Inspection and evaluation of the technical condition of a monolithic frame reinforced concrete structure of a hotel in Borovets resort

Abstract This study examines, the current research endeavours to analyse the results of structural inspection of an existing hotel building situated within the confines of Borovets resort. The structure consists of one basement level, four above-ground levels and one unusable attic level. The building was built site-cast in the period from 1983 until 1985. For the inspection, a series of activities were carried out, and the load-bearing structural elements of the building were established, the strength characteristics of the inserted materials were determined through destructive and non-destructive activities, a geometric survey of the load-bearing vertical and horizontal elements was carried out, existing defects and damages were found, an analysis of the impacts on the structure was made, the results of the structural assessment were summarized and basic recommendations were presented for bringing the building into compliance with the requirements of the current regulatory documents. The purpose of the performed in-situ, analytical, and computational activities is to establish the current technical condition of the load-bearing and non-load-bearing structural elements and to assess the possibilities for ensuring the future operation of the building, according to the construction and investment intentions of the owner.

A Study on the Effect of Investor Characteristics on Investment Intention of Fund Products and the Moderating Effect of SNS Use

A Study on the Effect of Investor Characteristics on Investment Intention of Fund Products and the Moderating Effect of SNS Use

Research on ESG performance and OFDI willingness: Based on the fusion of financing constraints and productivity threshold

This paper constructs a theoretical model on how ESG performance affects enterprise's Outward Foreign Direct Investment (OFDI) intention from the perspective of integrating financing constraints and productivity thresholds, and uses data from Chinese A-share listed companies for empirical testing. The findings indicate a positive correlation between ESG performance and the willingness of corporations to OFDI. Furthermore, the heterogeneity analysis reveals that the impact of ESG performance on OFDI is more significant for enterprises with a high degree of digital transformation, containing foreign equity, operating in industries. The study concludes that better ESG performance bolsters corporate OFDI willingness through two distinct mechanisms. These mechanisms include alleviating financing constraints and lowering the productivity threshold. Additionally, better ESG performance not only increases the scale of OFDI but also fosters the binary marginal expansion of OFDI. This paper offers several solutions for enterprises seeking to expand their global reach, focusing on leveraging their ESG performance. It also provides policy recommendations for government departments seeking to optimize the ESG rating system and OFDI regulatory service system.

Exploring the mediating role of attitude in ESG investment intentions: insights from the Fogg behavior model

PurposeWith the growing global emphasis on environmental, social and governance (ESG) criteria, it is crucial to investigate the factors that influence individuals' intentions to invest in ESG and to understand the underlying mechanisms at play. This study constructs a theoretical model, grounded in the Fogg behavioral model (FBM), and explores the mediating role of ESG investment attitudes in shaping individuals' ESG investment behaviors.Design/methodology/approachA survey was conducted among ESG investors and potential ESG investors in China, resulting in 613 valid responses regarding ESG investment. The partial least squares structural equation modeling (PLS-SEM) approach was utilized to evaluate the proposed model and test the hypotheses.FindingsThe results reveal that future orientation, ESG investment bias and perceived ESG investment performance are significant determinants of ESG investment intentions, with attitude playing a partially mediating role. Furthermore, government support moderates the relationship between perceived ESG investment performance and investment intention.Originality/valueThis study expands the application of the FBM to the context of ESG investment and introduces a novel conceptual framework for understanding ESG investment behavior. The findings provide valuable insights for enterprises and institutions involved in ESG investment, aiding them in identifying and targeting potential investors more effectively. Additionally, the study offers a foundation for policymakers to devise strategies that promote sustainable development.

Beyond blueprints: unveiling sustainable housing ambitions – a TAM and EMGB fusion among paraprofessionals in urban construction landscape

PurposeThis study explores the factors influencing the investment intentions of potential home buyers among paraprofessionals in sustainable housing within urban construction. By combining the technology acceptance model (TAM) and the extended model of goal-directed behavior (EMGB), the research seeks to understand how technological perceptions, personal motivations and behavioral intentions intersect to shape these investment decisions.Design/methodology/approachA quantitative, cross-sectional and descriptive research design was employed in this study. The study surveyed 641 paraprofessionals as potential home buyers in various Indian cities using a multi-stage stratified sampling technique. It incorporated variables from the TAM and EMGB, modifying some aspects to include financial self-efficacy, hedonic motivation and anticipated regret, alongside adding location as a new factor to examine its impact. For data analysis, partial least squares structural equation modeling was utilized. The analysis focused on hypothesis testing to examine the relationships between the constructs of interest. Bootstrap t-values and effect sizes were used to assess these relationships’ significance and magnitude.FindingsThe study found that perceived usefulness and ease of use significantly enhance attitudes toward sustainable homes, while subjective norms have a minimal effect on such investments in India, emphasizing personal rather than societal influences. Financial self-efficacy, anticipated regret and hedonic motivation are key drivers, indicating that economic capacity and the pursuit of a satisfying lifestyle are crucial for investment intentions. Additionally, the importance of location is highlighted, with infrastructural aspects notably affecting sustainable housing appeal. These insights reveal unique dynamics in India’s sustainable housing sector, diverging from trends in developed countries.Originality/valueThe study lies in its unique fusion of the TAM and EMGB specifically tailored to the Indian urban construction context. It introduces financial self-efficacy, hedonic motivation and anticipated regret as novel variables within these frameworks, alongside emphasizing the significant role of location in sustainable housing decisions. This approach offers new insights into the psychological and socioeconomic factors driving sustainable housing investments in developing countries.

Chinese Household Finance Impacted by Climate Change - Evidence from Stock Investment

This paper conducts an empirical analysis using data from a survey of Chinese household finance and prefecture-level data of historical temperature. The results show that the impact of temperature fluctuations on household financial behavior reveals a U-shaped relationship, with the inflection point of temperature fluctuations located at 0.5463°C. The part before the inflection point of the "U" relationship is mainly due to the change in investor mood caused by climate change, which has a negative effect on investment intention. The part after the inflection point is mainly because the rise in temperature significantly increases investors' risk appetite, leading to an increase in investors' willingness to enter the market. The positive effect is greater than the negative one, which leads to an increase in the share of equities in total financial assets. Moreover, we confirm that the household savings level strengthens the inhibition effect of climate change on household financial behavior, while the education level weakens the inhibition effect of climate change on household financial behavior.

INVESTIGATING THE CONNECTION BETWEEN INVESTMENT INTENTIONS AND LAND STATUS

The subject of investigating the connection between investment intentions and land status is analyzing the main procedures for preparation, approval and implementation of development plans with the objective of changing the purpose designation of agricultural land into urbanized territory. By using a project for a Detailed Development Plans – Plan for Regulation and Construction, an examination is performed of the processes related to the preparation and coordination of the plan, including the change of purpose designation of the agricultural land into land for non-agricultural uses, in accordance with the legislation.

Assessing Awareness and Understanding of Gold ETFs Among Residents of Amravati City

This study investigates the level of awareness and understanding of Gold Exchange-Traded Funds (ETFs) among citizens of Amravati City. As a modern investment option, Gold ETFs offer a convenient and secure method for individuals to invest in gold without the physical burden of ownership. Despite their growing popularity, awareness of Gold ETFs remains limited, particularly in smaller urban areas. Using a quantitative approach, this research collects primary data through surveys to evaluate knowledge, perceptions, and investment intentions regarding Gold ETFs among local residents. The findings aim to inform stakeholders about existing gaps in awareness and suggest strategies for enhancing financial literacy and investment participation.

Predictors of investment intention in real estate: Extending the theory of planned behavior

This paper explores the factors affecting the investment intention of individual real estate investors utilizing the extended theory of planned behavior. With the help of self-administered questionnaire, data from 366 individual investors from India was collected. This data was analysed using two-step structural equation modelling. While significant direct effect of attitude, external influence, financial self-efficacy and perceived financial return was found, interpersonal influence, perceived financial risk, facilitating conditions and financial awareness had no significant direct impact on investment intention. Upon checking the mediating effect of attitude on the factors, all factors influenced investment intention through attitude except facilitating condition and financial awareness. It was also observed that attitude stands out as the most important aspect due to strongest influence on intention directly and also providing mediation to all variables except two. The study guides policymakers and investment institutions to develop strategies and utilize resources in a direction that can bring out a positive outcome by strengthening real estate investors’ investment intentions. It brings out the fact that financial confidence should be boosted by enabling investors to handle and manage their finances which can bring in a positive attitude for investing.

Financial Innovation and Crowdfunding: Influencing Investment Decisions in Tech Startups

This study investigates the financial behavior of Thai investors in equity crowdfunding (ECF), focusing on the factors that influence their investment intentions. Drawing upon the Information System Success Model (ISSM), the Theory of Diffusion of Innovations, and the Technology Acceptance Model 3 (TAM3), the research examines the platform quality (PQ), platform characteristics (PC), and social influence (SI) as independent variables, with the perceived usefulness (PU) and perceived ease of use (PEOU) acting as mediators. Data were gathered from 275 Thai investors and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings reveal that the PU significantly influences investment decisions both directly and indirectly through the PEOU, which also directly affects investment intention. Furthermore, SI, PC, and PQ have indirect effects on investment decisions via the PU and PEOU, with SI being the most influential factor. This study provides valuable insights into optimizing ECF platform design, fostering investor trust, and enhancing regulatory frameworks to facilitate financial inclusion and innovation in the Thai crowdfunding landscape.

Analysis of Green Investment Interest Among Millennials and Generation Z Using Theory of Planned Behaviour

The topic of eco-friendly products is a trending topic today, especially among Generation Z and millennials. One of them is about green investment. This investment is here to help answer the issue of our current environmental problems. With this green investment, it is hoped that it can support environmental sustainability and can support companies to be able to switch from environmentally friendly resources to environmentally friendly resources. The purpose of this study is to find out the factors that affect the interest in green investment among the Millennial Generation and Generation Z in Bogor. This research was analyzed using the Structural Equation Model (SEM) through SEMPLS 4.0.0 software. The results of the study show that attitudes towards green investment and behavioral control have a significant influence on green investment interest in Generation Z and millennials. Meanwhile, subjective norms do not have a significant effect on green investment intentions. It can be concluded that generation Z and millennials have a positive and good attitude and self-control towards green investment interest. However, the norms or habits in their environment cannot affect their interest in green investment