Investment Motives Research Articles

Determinants of Saving and Investment Behavior of Rural People in Chaukune Rural Municipality, Surkhet District

This study determines the saving and investment behavior determinants of rural people in Chaukune Rural Municipality, Surkhet district. The research mainly applied primary sources to collect the data required in the study. Among the population, 180 respondents are selected as the sample size using convenience sampling. The study applied a quantitative research method and is based on positivist philosophy. The entire questionnaire is prepared based on the Likert scale. Collected data is processed using a statistical regression analysis tool. Based on multivariate regression analysis, most independent variables significantly impact the dependent variable, i.e., financial literacy, investment motive, and saving culture, which significantly positively impact saving and investment behavior.

Comparison of the Property Players’ Preferences on Housing Prices in Surabaya

A landed house is a real estate product that is used to fulfill consumption or investment motives. This study was conducted to compare the preferences of developers, consumers, and investors for housing prices in Surabaya on both motives. Respondents were selected by purposive sampling and obtained 417 respondents. Data collection through questionnaires was conducted offline to developers and online to consumers and investors. Test data used Kendall concordance and Kruskal Wall test to analyze the comparison of developer, consumer, and investor preferences. The results showed that the three players had different preference variables on house prices in Surabaya related to physical quality, brand, location concept, location environment, financial condition, and livability. Developers focus on products (physical quality and housing concept) and brands. Consumers prioritize physical quality, location environment, and financial condition. Furthermore, investors prioritize the physical and environmental quality of the location. Physical quality is a key preference among developers, consumers, and investors. These findings indicate that each party has their own prioritized interests, so their preferences differ according to their motives.

Green Hydrogen Policies in the Clean Energy Transition- A Comparative Analysis of Russia and China

Green hydrogen leads energy transition plans to address environmental issues worldwide. As governments seek to cut carbon emissions and improve energy security, green hydrogen from wind, solar, and hydropower appears to be promising. This abstract summarizes an in-depth comparative research of green hydrogen economies and regulatory frameworks in China and Russia, two key geopolitical powers. China, the world's greatest greenhouse gas emitter, and Russia, an energy exporter, shape the global energy landscape. Both nations have pledged to green hydrogen generation as part of their decarbonization efforts. This report examines their green hydrogen efforts' distinctive features and trajectories, including their investment motivations, aspirations, and technology advances. This paper compares China and Russia's green hydrogen development policy frameworks and regulatory processes. It investigates policy levers that drive or hinder growth, public-private partnerships, and worldwide sustainability objectives. The geopolitical consequences of China and Russia's green hydrogen efforts are also examined. It examines how their policies affect regional and global energy, commerce, and diplomatic ties. The research also examines whether these two countries will cooperate or compete in the green hydrogen industry. This study seeks to analyze China and Russia's green hydrogen landscapes via energy policy analysis, environmental studies, and international relations. Policymakers, business stakeholders, and researchers interested in the transition to a sustainable energy future and its geopolitical consequences benefit from its insights into their plans, difficulties, and regulatory settings. This report adds to the worldwide discussion on using green hydrogen as a key component of a decarbonized energy system.

Direct Investment of China in the Russian Automotive Sector as Part of the Global Strategy of Chinese Automakers

This article reveals the main trends of direct investments by China in the Russian automotive industry within the context of the global strategy pursued by Chinese auto manufacturers. Through an examination of the motivations behind Chinese automakers entering into foreign markets, using the eclectic paradigm of J. Dunning, the authors draw conclusions about the prospects of Russian-Chinese cooperation in the automotive sector. It is posited that the success of Chinese automotive corporations in the global arena is primarily linked to their ongoing exploitation of advantages generated in the domestic market, which are also extended outward through foreign investments. The main investment motivations identified for Chinese automakers include market access, technology transfer, cost reduction and global expansion. The authors highlight market access and global expansion as the principal drivers of Chinese direct investments in Russia. The challenges that Russian automotive industry faced recently will not allow fully leverage the benefits of cooperation with Chinese automakers in the short term. However, substantial impact of the cooperation with Chinese partners is expected to be the deeper localization of production in Russia.

საინვესტიციო გარემოს შეფასების აქტუალური საკითხები

საინვესტიციო გარემოს შეფასების აქტუალური საკითხები

Pengaruh Pengetahuan Investasi, Manfaat Investasi, Motivasi Investasi, Modal Minimal Investasi, Dan Return Investasi Terhadap Minat Investasi Di Pasar Modal

This research was carried out to see whether there was an influence on investment knowledge, investment benefits, investment motivation, minimum investment capital and investment returns on investment interest in the capital market. Quantitative methods were used in this research. Determining sample limits using the Slovin formula produced 201 respondents from 405 students who took part in KSPM in Semarang City. The samples for this research were Unissula 15 students, Unisbank 10 students, UIN Walisongo 17 students, Unwahas 5 students, Polines 49 students, Undip 50 students, Unika 10 students, Udinus 28 students, Upgris 10 students, Usm 7 students. This research was conducted using primary data, namely multiple linear regression analysis tests. From the test results, investment knowledge, investment benefits, investment motivation, minimum investment capital and investment returns have an influence on investment interest in the capital market among students who take part in KSPM in Semarang City. The results of the F test show that the significance value is 0.000, which means less than 0.05, indicating that this model can be used for research. Based on the results of the Adjusted R Square test, the value is 0.585 or 58.5%, indicating that the five independent variables have an effect on the dependent variable by 58.5%. Meanwhile, the remaining 41.5% of investment interest among students who take part in KSPM is influenced by other variables that are not in the regression model of this research.

Do ESG ratings and COVID-19 severity score predict stock behavior and market perception? Evidence from emerging markets

PurposeThe purpose of this study is to examine the impact of firm environmental, social and governance (ESG) rating scores on market perception and stock behavior from 2017 to 2021 while controlling for COVID-19 severity score.Design/methodology/approachThe authors used panel regression models with robust standard errors based on cross-country and cross-industry sample of 1,324 ESG firms from 25 emerging countries across four regions. Four separate regression analyses are used. Hausman test is used to determine whether fixed-effect (FE) or random-effect approaches should be used in regression models. Lagrange multiplier test is used to test for time FEs, and F-test for individual effects to choose between pooled ordinary least squares model and FE. Two-unit root tests are conducted to check stationarity. Heteroskedasticity and serial correlation were controlled through a robust covariance matrix estimation.FindingsThe authors provide evidence that the stakeholder theory persists in emerging countries. Overall, the results suggest that firms’ stock behavior is positively associated with the level of environmental and social performance in the region. However, the results do not provide empirical evidence to support the link between ESG performance and stock market perception proxied by the price-to-sales ratio. The results suggest that Refinitiv and Bloomberg ESG rating scores have a positive impact on stock performance in emerging markets, albeit the Bloomberg rating score is insignificant.Practical implicationsFavorable impact of environmental and social performance on stock performance suggests that policymakers should take initiatives to raise awareness toward investments in ESG projects. Evidence shows that ESG stock performance in emerging markets does not insulate firms from the COVID-19 severity. Furthermore, this study highlights the inconsistency in calculating the ESG ratings, therefore, a more standardized approach is recommended to support investors seeking sustainable investments.Social implicationsThe findings have social implications for investors with proenvironmental preferences and nonpecuniary motives for ethical investments. Asset fund managers should develop ESG investment strategies to promote investor preferences that are linked to the proenvironmental and prosocial attitudes by increasing their investments in stocks of firms that behave ethically and support the environment. Furthermore, the findings show that investors pay a price for ethical and socially responsible investments as they are evaluating the environmental and social activities, hence, the firm ESG profile influences equity valuation and risk assessment.Originality/valueThe study extends the literature and provides evidence from the unique setting of emerging markets by analyzing the relationship between ESG rating scores and the COVID-19 severity scores on one hand, and stock behavior and market perception on the other.

Drivers of salespeople engagement: A justice perspective

This paper investigates the impact of distributive and procedural justice, and their effects on salespeople engagement. Based on Social Exchange Theory, we propose a theoretical model positing that salespeople's engagement is influenced by salespeople's perceptions of distributive (fairness in reward distribution) and procedural justice (fairness in organizational processes). We also delve into factors that enhance salespeople's perceptions of distributive and procedural justice, which indirectly affects their engagement. Using investment motives of justice, we propose that salespeople's investment in the organization and their comparison of their current jobs to alternatives, given the comparison favoring their current position, are positively associated with distributive justice. Further, the paper theorizes and tests how sales manager opportunism and conflict resolution approach, as two relational motives of justice, can influence procedural justice perception among salespeople. Finally, we examine the indirect effects of drivers of justice on salespeople engagement. Our analysis of 265 business-to-business salespeople corroborates the proposed theoretical model. Overall, the findings provide insights into how sales managers can enhance salespeople's engagement by promoting distributive and procedural justice.

Motivation for households' investment in photovoltaics in Czechia: An exploratory factor analysis

Photovoltaics (PV) are an integral part of the climate neutrality transition; aside from reducing fossil fuel consumption, they provide additional and impactful private and societal benefits. When purchasing PV, the decision-making of small investors is a complex process. We investigate how households decide to invest in PV on rooftops. From a sample of over 2500 respondents, we found that while personal financial benefits are the primary motivation for acquiring PV plants, other variables, such as production independence and ecological benefits were almost equally important. The factor analysis revealed four latent motivation factors that drive the decision-making: economic, technical, ecological, and surroundings. Additionally, households are not fully homogenous in their decision-making. Education, income, and age influenced the attribution of importance the respondents gave to the specific factors. Conversely, the settlement size was not a strong predictor of the decision-making. The results imply the need for diversified policy design across different groups of investors.

THE EFFECT OF INVESTMENT MOTIVATION, PERCEIVED RISK AND FINANCIAL LITERACY ON INVESTMENT INTENTION

Single investors in the capital market are only 2.73% of the total population of Indonesia. This means that there are still many Indonesians who have not invested, which can be caused by a lack of investment intention. Generation Z in West Kalimantan is still small, and one of the reasons is the attitude, behavior, and consumptive lifestyle of Generation Z, which has an impact on their intention in investing. This study was to determine whether there is an effect of Investment Motivation, Perceived Risk and Financial Literacy on Investment Intention. The research design used in this study is a descriptive research design with a quantitative approach. The sample in this study were generation Z (born 1997-2012), domiciled in West Kalimantan, have an intention in investing in the capital market but have never invested before. The number of samples used in this study were 347 respondents who were selected using a purposive sampling technique. Data analysis was carried out using the Structural Equation Modeling technique. The results of this study show that there is a positive effect of Investment Motivation on Investment Intention, there is a positive effect of Perceived Risk on Investment Intention, and there is a positive effect of Financial Literacy on Investment Intention.

Impact assessment of investment motivation toward mutual funds

Impact assessment of investment motivation toward mutual funds

Transient entrepreneurs?: Chinese migrant small commercial businesses in South Africa

The influx and establishment of Chinese businesses across Africa have attracted considerable research attention in the last decade, focusing primarily on the larger (state-owned) businesses. By contrast, much less is known about small commercial businesses in terms of their investment motivations, operational conditions, and aspirations of the Chinese business owner-managers in the shopping malls that have emerged to serve such enterprises. This study fills this gap by drawing on interviews with 25 owner-managers of small Chinese shops operating in twelve shopping malls in South Africa. We found that most of them are lightly embedded in the country, due to the competitive nature of their business, language barriers, regulatory uncertainty and crime. At the same time, an inability to extricate themselves and find viable outlets for business elsewhere means that they remain negatively committed. However, a minority of enterprises were much more embedded; we explore the reasons behind this. The study contributes to extending the understanding of small-scale migrant entrepreneurs and embeddedness literature with policy implications.

Impact of host country's business environment on China's OFDI in Belt and Road countries: Based on the perspective of investment motives

Impact of host country's business environment on China's OFDI in Belt and Road countries: Based on the perspective of investment motives

Motivational drivers of heavy work investment: intercultural comparison between USA and Egypt

Purpose The purpose is to identify the underlying motives of heavy work investment (HWI) types (i.e. workaholism and work engagement) based on self-determination theory, while controlling for job demands and resources. The role of four cultural differences (i.e. individualism, power distance, uncertainty avoidance and masculinity) in moderating the motivational correlated relationships is also explored using data retrieved from two distinct cultures (i.e. the USA and Egypt).Design/methodology/approach Full-time employees (N = 595) in the USA and Egypt were surveyed. Multiple regression analyses were used to test the associations between the two HWI types and four types of motivation (i.e. intrinsic, extrinsic, introjected and identified motivations). Furthermore, moderation analyses were conducted to explore potential effects of four cultural dimensions (i.e. individualism, power distance, uncertainty avoidance and masculinity) on the motivationalcorrelated relationships.Findings Workaholism positively relates to the controlled types of motivation (i.e. extrinsic and introjected regulation), while work engagement positively relates to the autonomous ones (i.e. intrinsic and identified regulation) and negatively associates with extrinsic motivation. Moreover, cultural masculinity moderated the relationship between work engagement and extrinsic motivation, as well as the association between workaholism and extrinsic motivation.Practical implications A clear differentiation of motivation behind both types of HWI is required by occupational health practitioners to design interventions that stimulate employee engagement rather than fuel workaholism. Multinational organizations could also benefit from understanding the interaction between cultural dimensions, motives and HWI, thereby planning more effective work engagement strategies among different cultures.Originality/value This is the first study to investigate the motivational correlates of HWI types across two contrasting cultures.

Decoding the dynamics of BIM use practice in construction projects

Over the past two decades, thought leaders positioned Building Information Modeling (BIM) as a driver to change the Architecture, Engineering, and Construction (AEC) industry. However, instances of unexpected BIM use have surfaced, with projects often shifting from BIM to hybrid or even solely 2D practices midway. What technology use conditions cause these practice-based rejections of BIM use and how these happen have not been fully explored and make BIM cannot fully play its role in a project. To fill this gap, we use structuration theory as a theoretical lens to analyze the interactions between BIM and project teams and explore how three technology use conditions, (interpretive, technological, and institutional), impact the interactions, which finally shape technology use practices. Specifically, a case study method has been selected. The research team attended a project for two years, collected meeting observations, and conducted surveys and interviews to track the emergent and situated BIM use practice in an integrated project setting with technology use conditions that changed over the course of the project. We analyzed how the three technology use conditions impacted the interactions between BIM and project teams in different ways and how these impacted change in different project phases. We conclude that the sustained use of BIM requires the alignment of project organizations with BIM features and alignment with both top-down and bottom-up investment in practice change, which includes motivation for senior management investment in a sustained project team, in individual capability training, and in early planning.

Governance, Investors Motivations and Foreign Direct Investment Inflow in Selected African Countries: Does John Dunning’s Eclectic Paradigm Matters?

Abstract Over the years, studies have focused on the implications of institutional quality as a key factor of FDI inflows into Africa and how it influences the economic processes of various African countries. However, in the studies on Africa, investors’ motivations as determinants of foreign direct investment inflows into African regions are grossly understudied and yet determined. As a result, there is a need to investigate the impact of FDI inflows on African countries, as well as the implications of home and host country investment phenomena. The study employs ex-post-facto research using panel data obtained from different World Bank publications; world development indicators, and the Transparency Index database from 1997 to 2022. The System Generalized Method of Moments (SGMM) was used to examine the data. The results reveal that governance and investor motivations have a negative impact on each other; the effect of the interacted variables is less than the total of the impacts of governance and investor motivations separately. Therefore, FDI in the selecte3d African countries will decline by 7.5 points for every unit increase in the level of poor governance and investor motivations, and this validates the locational assumption of John Dunning Eclectic Paradigm with the proposition that FDI inflows is a function of the home and host investment phenomena As a result, we recommend that African governments implement Regulatory reform, market reform, complete streets policies, and contingency-based planning that are FDI inflow induced.

자기선물 구매동기가 심리적 웰빙과 재구매의도에 미치는 영향

This study aims to investigate the impact of consumers’ self-gift purchase motivation on their psychological well-being and repurchase intention in the context of the consumption trend of pursuing self-healing and small happiness for themselves and to verify whether there are differences in the relationship between these research concepts by product type. To this end, hypotheses and research models were derived from the theoretical background, and a survey was conducted among Chinese consumers who had purchased utilitarian or hedonic products as self-gifts, and the results were tested using a structural equation model. The research findings are summarized as follows. First, the investment motive, consolation motive, and imitation motive of self-gifting had a positive effect on psychological well-being after self-gifting, and the investment motive had a positive impact on the repurchase intention of self-gifting. Second, psychological well-being after self-gift purchase positively affected repurchase intention. Third, the moderating effect of product type was significant in the relationship between all consumption motives and psychological well-being except for the self-gift imitation motive. In particular, psychological well-being had a positive effect on repurchase intentions after self-gifting hedonic products for reward and comfort motives, and psychological well-being had a positive effect on repurchase intentions after self-gifting utilitarian products for investment motives. These results suggest that companies should focus on consumers’ preferences for self-gifting, develop differentiated products, and establish differentiated marketing strategies based on consumers’ purchase motives, such as developing communication messages appropriate to their product types.

Investment motivation, investment knowledge, investment risk perception on investment decisions mediated by investment interest

This research aims to identify the relationship between the variables observed in this group of subjects. The main data source was obtained by collecting data from respondents using questionnaires online or in person when meeting students at Bunda Mulia University on the Ancol campus and Serpong campus, and subordinate data sources were obtained from the literature study. The results of processing respondent data found that the investment motivation variable has a negative and significant effect on students' investment decisions in the capital market. The second hypothesis is that investment knowledge is a factor that influences investment decisions in the Theory of Planned Behavior (TPB). It can be interpreted that investment interest acts as a mediating factor that bridges the relationships between the independent variables and dependent variables. Therefore, it is hoped that students will be able to provide education about investment to the public as well as advance the Indonesian capital market, especially for students at Jenderal Soedirman University, so that the number of new investors among students continues to increase and increase.

PENGARUH PENGETAHUAN INVESTASI, MOTIVASI INVESTASI, LOCUS OF CONTROL, DAN RISK TOLERANCE TERHADAP KEPUTUSAN INVESTASI MAHASISWA ADMINISTRASI BISNIS UNIVERSITAS 17 AGUSTUS 1945 SURABAYA

Investing entails laying away a particular amount of money in the anticipation of future financial reward. Some of the factors that impact students' investing decisions include investment motivation, investment knowledge, locus of control, and risk tolerance. The goal of this study is to see if investing knowledge, investment motive, locus of control, and risk tolerance impact the investment decisions of Business Administration students at the University of 17 August 1945 Surabaya. This study employed the quantitative research approach. This research included 109 Business Administration students from the University of 17 August 1945 Surabaya. In this investigation, random sampling was used. According to the findings of the study, financial knowledge, locus of control, and risk tolerance all have a substantial partial influence on investment decisions. However, investing motive has little impact on investment decisions. As a result, investment knowledge, investment motive, locus of control, and risk tolerance all have a large influence on investing decisions.

Corporate motivations and co-benefit valuation in private climate finance investments through voluntary carbon markets

Companies can prioritize diverse types of sustainable investment finance to reflect their concerns about climate change and carbon emissions. One such investment avenue is voluntary carbon offset (VCO) projects, in which companies invest to offset their carbon footprint. However, despite growing research into what and how these companies are doing in VCO markets, much remains to be learned about the motivations for such investments. In this paper, we utilized two datasets with a natural linkage to conduct a mixed-method analysis for a group of 186 companies globally with 534 carbon offset projects in 2017. This allowed us to assess motivations that drive companies to invest in the offset projects, and how different motivations map on to specific purchase decisions which then channel into larger financial flows. We identified three corporate motivations for carbon offset investment and found that companies using carbon offsets to achieve carbon neutrality has been coupled with some companies highlighting the importance of using offsets to contribute to “company values” and “market competitiveness.” Our study uncovered two contrasting trends in offset investment. Companies driven by values and market competitiveness demonstrated a willingness to invest in high-cost projects that provide significant local co-benefits. On the other hand, companies motivated by carbon management and efficiency showed a preference for lower-cost projects, particularly those related to renewable energy.