Investment Motives Research Articles

Factors Affecting Investment Decisions in Nepali Stock Market: A Systematic Review

The study examines factors influencing investment decisions in the Nepali stock market. It employs a thorough review methodology, drawing on past research across various stock market conditions. By analyzing relevant concepts, findings, and conclusions from these studies, it provides insights specific to the Nepali context. Key factors identified include market environment, investment motives, information availability, third-party opinions, the company's reputation, and herding behavior. The study highlights the importance of aligning investment strategies to achieve both long-term gains and short-term profits. Additionally, it emphasizes the need for diversification by building an investment portfolio to mitigate risks and enhance returns in the Nepali stock market.

Exploring the impact of economic and environmental target constraints on and the green investment efficiency of firms: The moderating role of anti-corruption

As the main body of economic activity and technological innovation, enterprises’ investment motivation and efficiency in environmental protection directly affect the process of national green development. Based on data from A-share listed firms from 2012 to 2021, this study investigates the impact of economic and environmental targets set by local governments on the green investment efficiency of firms and the moderating role of anti-corruption. Our findings suggest that economic growth target constraints inhibit the green investment efficiency of firms and that environmental target constraints facilitate the green investment efficiency of firms. Anti-corruption weakens the negative relationship between economic growth target constraints and the green investment efficiency of firms, and strengthens positive relationship between environmental target constraints and the green investment efficiency of firms. In the heterogeneity tests, we find that these relationships are influenced by the region and intensity of the target constraints. The results are consistent with a series of robustness checks. This study is helpful for understanding how government policies and the political environment affect the green investment behavior of enterprises.

To What Extent Does Blind Box Marketing Affect Peoples Consuming Behavior?

Blind boxes, as an emerging industry, have gradually opened the Chinese market in recent years, and are sought after by consumers and various industries. It is a unique box that contains toys or other commodities, and people don't know what's inside until they open it. Meanwhile, continuous innovation has created a unique blind box marketing strategy, which uses consumers different motivations effectively to promote purchasing behavior. Based on the theory of consumer behavior and the strategy of blind box marketing +4p marketing theory (combined with AISAS model), this paper takes psychological motivation, demand motivation and investment motivation as intermediary paths to explore the impact on consumer purchasing behavior. Through the analysis of literature, questionnaire and tools such as SPSS25.0, the conclusions of relevant research are drawn: the effective combination of blind box marketing and product strategy can have a significant positive impact on consumers' purchasing behavior. The tremendous positive impact of price strategy on consumers' purchasing behavior is based on the consideration of different age groups. Place strategy and promotion strategy can only serve as the intermediary path between consumers' purchasing behavior, but cannot have a significant positive impact on them. Finally, through the above research, some suggestions for blind box marketing are provided.

Impact of behavioral factors on the investor’s intention in peer-to-peer lending

PurposePeer-to-peer lending has emerged as a promising alternative investment avenue globally. This study explores the variables influencing investors' intention in peer-to-peer lending. Studying these factors is crucial for inspiring investor motivation, which leads to the growth of peer-to-peer lending platforms in India.Design/methodology/approachThe research utilizes information gathered from 293 investors of the Rang de platform through a questionnaire. It employs ordinal logistic regression to assess how demographic characteristics, investor experience, social projects and investment factors influence the study’s outcomes.FindingsThe research indicates that the education qualification and income level of the investors are significant demographic variables in their investment decisions. Moreover, social projects, the experience of the investors and investment factors affect their intent to invest more in peer-to-peer lending projects.Research limitations/implicationsIt helps stakeholders and borrowers of crowdfunding platforms think about these aspects when creating plans to bring in and keep investors. This approach also enhances the openness and dependability of lending processes.Originality/valueThis research sheds light on Indian investors' behavior toward peer-to-peer lending platforms and includes new investment factors like project categories and impact partners that other researchers did not identify.

Influence of financial inclusion and industrial robots on the efficiency of China's OFDI: A heterogeneous spatial stochastic frontier analysis

Enhancing the efficacy of China's outward foreign direct investment (COFDI) constitutes a significant avenue for realizing the sustainable development of China's economy. This study analyzes panel data from 63 countries from 2010 to 2021 to create a heterogeneous spatial stochastic frontier model to examine how financial inclusion and industrial robotics in host nations affect COFDI efficiency. The findings are as follows. To begin with, COFDI manifests positive spatial spillover effects across countries. Moreover, from a spatial perspective, financial inclusion diminishes COFDI efficiency, whereas the interaction between financial inclusion and industrial robots increases its efficiency. Industrial robots, thus, counteract the diminishing impact of financial inclusion on COFDI efficiency. Additionally, concerning the heterogeneity of location choice and investment motivation in COFDI, the interaction between financial inclusion and industrial robots in developed economies augments COFDI efficiency as opposed to emerging market economies. Conversely, technology-seeking investment mitigates the adverse effects of financial inclusion on the efficacy of COFDI when juxtaposed with resource-seeking investment. This study provides theoretical insights and practical recommendations for improving the efficiency and guiding the destination selection of COFDI.

Motivations for ESG Investment Among Leaders in the MICE Industry

The Meetings, Incentives, Conferences, and Exhibitions (MICE) industry faces mounting pressure to address environmental, social, and governance (ESG) concerns over its environmental impact. This research investigates the driving forces behind ESG investment decisions among MICE industry leaders. Employing a mixed-methods approach, the study begins with an exploratory expert interview, followed by targeted questions for focus groups involving senior industry figures. Insights from the focus group discussions inform the development of a comprehensive questionnaire, capturing key motivators identified by participants. The survey was subsequently distributed to a broader cohort of MICE industry leaders, resulting in responses from 76 individuals. The findings highlight that leadership responsibility and the desire to inspire others are pivotal motivators for ESG investment, transcending company size and revenue. Simultaneously, external pressures—such as talent attraction and reputation enhancement—also play a significant role. However, the presence of opaque and localized regulations poses a formidable obstacle, hindering genuine commitment from all MICE industry leaders. This research contributes unique insights to this industry, and further investigation is warranted to understand motivators for ESG investment not only in the MICE industry but also in comparable growing sectors. Keywords: Sustainability, MICE (Meeting, Incentive, Conferences, Exhibition) Industry, ESG (Environmental, Social, Governance), Motivation, Responsible Leadership, Attracting Talent, Sustainable Reporting, Client expectation,

A Review of Renewable Energy Investment in Belt and Road Initiative Countries: A Bibliometric Analysis Perspective

Since the proposal of the “Belt and Road” initiative (BRI) in 2013, China’s renewable energy investments in the countries along the route have shown rapid growth and diversification. These investments have shifted from initial product exports and engineering contracts to deeper equity investments and financing cooperation. They not only promote a global energy structure transformation towards green and low-carbon development but also bring significant economic growth and social progress to the participating countries. This study aims to systematically review the research status and trends of renewable energy investments in “Belt and Road” countries through comprehensive bibliometric analysis. Utilizing the Web of Science database and VOS viewer 1.6.17 software for visualization, this research reveals the publication trends, high-impact articles, institutional collaborations, and author networks in this field. Additionally, through keyword co-occurrence network analysis, three core research themes are identified: investment motivations, synergy effects, renewable energy consumption, and international cooperation. This systematic bibliometric analysis not only outlines the current research landscape but also provides important insights for identifying emerging research directions, thereby supporting more in-depth investigations into renewable energy investments within the “Belt and Road” initiative.

The Impact of Sustainability Considerations on Investment Intentions—The Case of Generation Y

When investing, the investment motives of return, liquidity, and risk play a role in decision-making. However, due to the increasing relevance of environmental and social issues and the higher availability of sustainable investments, sustainability is an additional investment motive. The attitude of an individual toward sustainability has implications for other investment motives. This paper examines the interplay between the established financial investment motives of return, liquidity, and risk on the one hand and sustainability considerations on the other hand, with a view to the Generation Y cohort. A questionnaire approach was used to collect data from randomly selected Generation Y retail banking customers from Germany. The data were analyzed using correlation and regression methods. The findings of the paper confirm that there is a negatively directed relationship between the profit maximization motive and the green tradeoff intention. Furthermore, education moderates the relationship between the risk minimization motive and the green tradeoff intention. The paper contributes to different stakeholders. Practical implications result for retail banks and investment firms, which could continue to motivate Generation Y customers for sustainable investments and generate stronger financial education through targeted marketing and information campaigns.

Mitigating managerial short-sightedness in green technology innovation and corporate financial performance: The role of “National Team” shareholding

The potential for green technology innovation (GTI) to enhance corporate financial performance continues to be the core motivation for sustained investment by companies. However, the micro-mechanisms to enhancing financial performance have not yet received sufficient attention in the academic literature. Internal corporate governance and corporate management constitute crucial factors that affect the process in which GTI contributes to corporate technological progress, and to the enhancement of corporate financial performance. Specifically, this paper will examine the role of “National Team” shareholding in corporate governance in mitigating managerial short-sightedness in GTI. A two-way fixed effects panel OLS model will be applied for individual-time on 618 listed companies with consistent R&D activities from 2015 to 2022. The results show that corporate GTI promotes corporate financial performance via technological progress. Through the conditional process analysis, it shows that the interaction of CEO narcissism and the “National Team” shareholding proportion together moderate the relationship between corporate GTI and technological progress, with the “National Team” shareholding proportion contributing to the impact of technological progress on corporate financial performance. From a corporate governance point of view, the presence of institutional investors helps mitigate the negative impact of managerial short-sightedness in technological progress.

Advanced Regenerative Medicines for Rare Diseases: A Review of Industry Sponsors Investment Motivations.

Despite regulatory changes designed to stimulate investment in therapies for rare diseases, many of these conditions lack government-approved treatments. Advanced regenerative medicines, which are therapies and clinical interventions aimed at healing or replacing damaged or defective human cells, tissues, and organs, offer great promise for addressing many rare diseases. A major challenge facing advanced regenerative medicines for rare diseases is securing financial support to assist in bringing a therapy to market. This paper describes the factors cited by pharmaceutical industry players globally for sponsoring the development of advanced regenerative medicines for rare diseases. The paper examines the motivations of 53 sponsors that meet the latter criteria. The motivations behind investments were broadly similar amongst sponsors and map closely onto regulatory requirements for clinical development and marketing authorization of advanced therapeutic products, including the presence of accelerated or attenuated pathways for regulatory approval, use for indications with high unmet medical needs, and/or that have advantages over existing therapies, and robust preclinical data. Other factors include availability of investment incentives and opportunities for off-label use in the post-approval stages.

Pengaruh Motivasi Investasi dan Pengetahuan Investasi Terhadap Minat Investasi Mahasiswa Fakultas Ekonomi dan Bisnis di Pasar Modal Melalui Galeri Investasi Universitas Nusa Nipa

This research aimed to investigate how Investment Motivation and Investment Knowledge affect the Investment Interests of students from the Faculty of Economics and Business in the capital market, using the Investment Gallery of Nusa Nipa University. The study utilized an associative approach with a causal relationship form and a quantitative approach. The population for this study comprised students from the Faculty of Economics and Business of Nusa Nipa University, with a sample size of 94 respondents. The data analysis involved multiple linear regression analysis using the Statistical Package for the Social Sciences (SPSS) version 23. The research results showed that (1) investment motivation positively influenced students' interest in the capital market through the investment gallery, (2) investment knowledge also had a positive influence on students' interest in the capital market through the investment gallery, (3) both investment motivation and investment knowledge simultaneously influenced students' interest in the capital market through the investment gallery.

Motivasi Investasi dan Pengetahuan Investasi: Kunci Penting dalam Mendorong Minat Investasi Mahasiswa Manajemen di Pasar Modal

This research aims to investigate the influence of investment motivation and investment knowledge on investment interest in the capital market (a study on Management students at the Faculty of Economics and Business, Universitas Negeri Gorontalo. The sample size consists 93 studets. The sampling method employs the slovin method, and the data type is primary. Date are collected using questionnaires and surveys. The research analysis testing employs multiple regresssion analysis, then analyzed using the SPSS 16 application The results indicate that, partially, investment motovation has an effect on investment interest, as shown by the Tcount of 5.047 > 1.986. Similarly, investment knowledge also influences investment interest, with an Fcount of 39.930 > 3.10. This means that investment motivation and investment knowledge simultaneously affect student’s Interest in investing in the capital market. The R Square value in this research is 0.470, indicating that the variables investment motivation and investment knowledge explain 47% of the investment interest variable, while the remaining 53% is influenced by other variables not explained in this research.

A study to explore the motives of investors to invest in derivative markets: A PLS-SEM approach

A study to explore the motives of investors to invest in derivative markets: A PLS-SEM approach

Understanding Investment Motivation in the Young Generation Using Self-Determination Theory

This study aims to analyze the investment motivation of students using the Self-Determination Theory (SDT) framework. SDT emphasizes three basic psychological needs that influence motivation: competence, relatedness, and autonomy. Data were collected through a survey involving students from various disciplines at Universitas Negeri Makassar (UNM). The findings reveal that fulfilling the need for competence through investment training programs and seminars, fostering relatedness through investment communities and discussion groups, and supporting autonomy in investment decision-making significantly enhance students' investment motivation. The conclusion of this study highlights the importance of institutional support in the form of education, community building, and the provision of investment platforms that empower students to make independent decisions. These findings have practical implications for universities and other educational institutions, suggesting the need for effective strategies to boost financial literacy and encourage investment participation among students. By addressing these psychological needs, educational institutions can play a pivotal role in shaping the investment behaviors of the young generation.

Analysis of green energy-oriented sustainable development goals for emerging economies

Countries should focus on the improvements to achieve sustainable development goals. However, taking these actions create some operational costs. Thus, it is appropriate for rising nations to prioritize sustainable development objectives. Due to this condition, more critical sustainable development goals should be identified. Accordingly, this study evaluates green energy-oriented sustainable development goals for emerging economies. Within this context, a model is generated by considering the golden cut and bipolar q-rung orthopair fuzzy sets (q-ROFSs). The novelty of this study is to identify key green energy-oriented sustainable development goals for the improvement of emerging economies by an original model based on the golden cut and bipolar q-ROF decision making approach. All results are similar, indicating the proposed model's validity and coherency. It is concluded that increasing renewable energy is the most significant target with a weight of 0.235 regarding green energy-oriented sustainable development. Cooperation and efficiency are other significant issues for this condition, with weights of 0.198 and 0.196. It is also identified that Turkey and Mexico are the most successful countries in reaching green energy-oriented sustainable development goals. Increasing the share of renewable energy in total energy production and consumption is important for emerging countries. For this situation, governments should provide subsidies for renewable energy investors to provide a cost advantage. In this context, issues such as tax cuts and loans with low-interest rates can increase the motivation of clean energy investors.

The effect of shadow economy on foreign direct investment: Empirical evidence in emerging market economies 1988-2018

This paper aims to examine the effect of shadow economy on foreign direct investment (FDI) in emerging market economies (EMEs) starting from 1988 to 2018. The error-correction model (ECM) is applied to estimate the dynamic panel data in the short run model, and for the long run model, this study applied ordinary panel data approach to both the fixed effect model (FEM) and the random effect model (REM). This study considers the global financial crisis of 1998 by dividing the estimation into three periods, i.e., pre-crisis, post-crisis, and all periods. The results show that shadow economy had a significantly negative effect on FDI inward both in the long run and the short run during the pre-crisis period, while economic growth, trade openness, policy rate, population, and infrastructure had various significant effects on FDI inward. The long-run estimation revealed that economic growth, policy rate, inflation, and the human development index (HDI) were all significant factors. Only the exchange rate, as one of efficiency-seeking motives and macroeconomic factors, has a significant role in FDI in EMEs. This analysis suggests that policymakers need to consider shadow economy along with investor motives and macroeconomic variables to provide more FDI, while investors need to consider the country’s advantages that could potentially provide a rate on return on investment.

What Do Shareholder Want? A Systematic Literature Review on Investment Motives

What Do Shareholder Want? A Systematic Literature Review on Investment Motives

The Importance Of Knowledge, Investment And Motivation For Gen-Z Interested In Investing

This study aims to empirically prove investment knowledge, investment benefits and investment motivation on Gen-Z's investment interest in the capital market. This study is quantitative research. The population of this research is Gen-Z who are studying at universities in the city of Semarang. Primary data by distributing questionnaires to Gen-Z who are studying at universities in the city of Semarang, Indonesia using accidental sampling is the data source for this study. So there were 199 respondents obtained. Data processing using WarpPLS. The findings of this study show that investment knowledge, investment benefits, and investment motivation have an influence on the investment interest of Gen-Z who are studying at universities in the city of Semarang, Indonesia in the capital market. The implications of this study show that understanding and motivation is important for Gen-Z to invest in the capital market to gain additional income and investment experience.

One size does not fit all: Responsible investor motivation and investment performance

AbstractMost research in socially responsible investing is about how it influences financial performance. Hardly any study investigates how it affects responsibility. We investigate how different motives of responsible investors affect portfolio design and financial and nonfinancial performance of investments. We study financial, deontological, consequentialist, and expressive motivated responsible investors. The first seek to achieve financial outperformance by relying on environmental, social, and governance (ESG) information. The second avoid investing in controversial issues. The third seek to influence the most sustainable firms. The fourth try to enhance their own social identity by investing responsibly. We find that the specific motivation for socially responsible investing does not significantly affect financial performance. However, the motivation does have a substantial influence on the responsibility score of the portfolio. In particular, deontological portfolios underperform the universe regarding responsibility performance. This might reflect the origin of responsibility scoring where controversial firms usually invest more in responsibility than less controversial ones. The other portfolios all outperform the market. This has important lessons for responsible investment funds: they will need to find out about the motives of their investors to modify portfolio design when investing responsibly. “One size for all” is no option when targeting responsible investors.

Navigating Islamic Investments: The Role of Islamic Financial Literacy, Religiosity, and Motivation using PLS-SEM

Along with the increasing number of investment transactions which continued to soar until the end of 2023, the Islamic Capital Market is additionally playing its role in improving the economy in Indonesia, especially for Muslims who want to carry out investment transactions within the Sharia corridor. This research aims to find out whether Islamic financial literacy, religiosity, and investment motivation significantly influence on investment intention in the Islamic Capital Market with a case study of Muslims in Bogor. The object is chosen Bogor is one of the largest Muslim regions in West Java, as the province itself is the top ten largest Muslim community in Indonesia. The results of research using SEM-PLS (Structural Equation Model Partial Least Square) show that Islamic financial literacy has no significant effect on investment intention in the Sharia Capital Market as the T-Statistic is being rejected (0.524 > 0.05), but religiosity (0.001 < 0.05) and investment motivation (0.000 < 0.05) are proven to have a significant influence on investment motivation in Sharia Capital Market as the T-Statistics are being accepted. However, this study complements previous research differentiating the research scope and summoning some variables that was used in the previous research. Religiosity is measured by the respondent's consideration of Islamic law in investment institutions, while investment motivation means the respondent's desire to fulfill their physiological needs, sense of safety needs, social needs, esteem needs, and self-actualization needs.