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Open Access
Article
Publication date: 4 July 2023

Stutee Mohanty, B.C.M. Patnaik, Ipseeta Satpathy and Suresh Kumar Sahoo

This paper aims to identify, examine, and present an empirical research design of behavioral finance of potential investors during Covid-19.

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Abstract

Purpose

This paper aims to identify, examine, and present an empirical research design of behavioral finance of potential investors during Covid-19.

Design/methodology/approach

A well-structured questionnaire was designed; a survey was conducted among potential investors using convenience sampling, and 200 valid responses were collected. The research work uses multiple regression and discriminant function analysis to evaluate the influence of cognitive factors on the financial decision-making of investors.

Findings

Recency and familiarity bias are proven to have the highest significant impact on the financial decisions of investors followed by confirmation bias. Overconfidence bias had a negligible effect on the decision-making process of the respondents and found insignificant.

Research limitations/implications

Covid-19 is a temporary phase that may lead to changes in financial behavior and investors’ decisions in the near future.

Practical implications

The paper will help academicians, scholars, analysts, practitioners, policymakers and firms dealing with capital markets to execute their job responsibilities with respect to the cognitive bias in terms of taking financial decisions.

Originality/value

The present investigation attempts to fill the gap in the literature on the intended topic because it is evident from literature on the chosen subject that no study has been undertaken to evaluate the impact of cognitive biases on financial behavior of investors during Covid-19.

Details

Arab Gulf Journal of Scientific Research, vol. 42 no. 3
Type: Research Article
ISSN: 1985-9899

Keywords

Article
Publication date: 30 September 2014

Atul Gupta, Ipseeta Satpathy, B. Chandra Mohan Patnaik and Niharika Patel

Health is an important issue in our life. A person with good health will have peace of mind and will be able to contribute to nation-building. We cannot expect performance from an…

1000

Abstract

Purpose

Health is an important issue in our life. A person with good health will have peace of mind and will be able to contribute to nation-building. We cannot expect performance from an ill person with a low morale. In the present paper, the authors tried to understand the ground realities of health-care facilities provided in India and more specifically in Odisha, India.

Design/methodology/approach

This empirical paper used a non-experimental design to test a proposed model based on a review of relevant literature. In this paper, an initial pilot study was conducted by taking 44 various variables; however, after the study and taking the expert opinion, the variables were restricted to only 30. For the purpose of study, only state-sponsored hospitals were considered on a random sampling method.

Findings

The analysis of data is conducted on a simple percentage method with closed-end options. It is found that even after 67 years of independence, people do not have access to basic medical care facilities in the rural areas and to some extent in semi-urban areas also. The major stumbling block is inadequate infrastructure in these hospitals.

Research limitations/implications

While this study offers some insight into the status of healthcare infrastructure in rural India, the sample was limited to respondents in state-sponsored hospitals, which may not represent the views about private hospitals.

Practical implications

It seems that in some interior areas of Odisha, people rely more on their fate than then these health-care services.

Social implications

Various governments claim that they are spending millions of rupees on health-care service, but the benefits are not being felt by the masses. We are sure that our attempt to highlight the scenario of health-care services in the state of Odisha will be an eye opener and will compel the various stake holders to introspect their involvement in the health-care services provided in these areas.

Originality/value

A considerable amount of research has been done evaluating the status of healthcare in India, but this is the first empirical research study to date based on respondents from the rural parts of the state of Odisha in India. Some of these areas are not reachable to researchers due to the poor infrastructure. This contribution is also of special importance amid the recent criticism of the healthcare infrastructure in India by prominent management scholars.

Details

Journal of Technology Management in China, vol. 9 no. 3
Type: Research Article
ISSN: 1746-8779

Keywords

Book part
Publication date: 14 October 2024

Abhiraj Malia, Aurodeep Kamal, Biswajit Das, Ipseeta Satpathy and Pooja Jena

This book chapter examines how the evolution of the tourist and hospitality industries has been impacted by digital technologies. Digitalisation makes it possible to implement…

Abstract

This book chapter examines how the evolution of the tourist and hospitality industries has been impacted by digital technologies. Digitalisation makes it possible to implement resilient infrastructure in all applications to achieve sustainability. The hospitality and tourism sector is known to be information-rich due to its diverse commercial interactions with shareholders and constant evolution of managerial processes, modification of tourist and hotel services, advancements in technology and an intensely competitive atmosphere. It has been recognised that growth of tourism and hospitality industry becomes impossible without the applications of modern digital technologies that enable integration and communication, boost service quality and transmit a sizeable amount of information. In the context of the tourism sector, the establishment of resilient infrastructure that relies on digital technologies is vital in order to obtain optimal consumer feedback pertaining to the provision of high-quality service. The utilisation of digital technology has demonstrated its capacity to enhance hospitality services through the facilitation of real-time data-driven decision-making. The objective of this study is to emphasise the importance and practical uses of the internet of things (IoT), artificial intelligence (AI), cloud computing and big data in the context of consumer quality and satisfaction. This study also addresses the significance of various technologies and their applications in attaining consumer quality and pleasure in the digital realm. Additionally, it might help company owners, managers and marketers in any field to achieve and improve high business performance by executing the right plans to use AI that fulfil the demands and expectations of both customers and staff.

Book part
Publication date: 22 November 2024

Abhiraj Malia, Aurodeep Kamal, Bhubaneswari Bisoyi, Biswajit Das and Ipseeta Satpathy

This chapter explores into the understanding of poverty and mitigating the challenges by revisiting for a sustainable alleviation of the scales of economy. Eventually insufficient…

Abstract

This chapter explores into the understanding of poverty and mitigating the challenges by revisiting for a sustainable alleviation of the scales of economy. Eventually insufficient income and spending is the bastion of natural deprivation for household problems. Effective measures are critically examined to redefine the obstacles that are key to upliftment and eradication of poverty. It essentially aims to bridging the gap, analysing the SDG goals through a trend analysis for a time period. These strategies will introspect into overcoming the emerging areas of concern with a futuristic development. Evidently global challenges in the social, economic, political and cultural ecosystem require newness of intervention and initiatives to achieve the triple bottom line, revisiting the dimensions of poverty. Essentially it will anatomise into the causes and consequences of poverty through certain measuring yardsticks in the context of different economies globally. These social, economic, political, legal and technological interventions through their novel strategies can empower and create inclusion for the sharing of equitable wealth distribution, ensuring justice and supporting human rights, providing social security to the poorest of the poor. This study shall innovatively scan through the new entrepreneurship models to understand the skillsets across the globe in order to foster good governance in a win-win environment. Nevertheless, the aspects of poverty alleviation and sustainable order for mitigating the challenges of poverty shall be addressed in the spectrum of climate change and volatility, uncertainty, complexity and ambiguity (VUCA) environment. Basically, in review of the aforesaid dimensions, this study shall vividly examine on the Sustainable Developmental Goals (SDGs) pertaining to poverty alleviation worldwide to adjust for the seamless and uninterrupted continuation trend analysis of the periodic plans of action. It shall adjudge into the befitting global trend admissible under the uncertain future.

Details

Creating Pathways for Prosperity
Type: Book
ISBN: 978-1-83549-122-5

Keywords

Book part
Publication date: 22 November 2024

Ankita Nayak, Ipseeta Satpathy, B. C. M. Patnaik, Sukanta Kumar Baral and Durga Prasad Samontaray

Efforts and initiatives aimed at poverty reduction are motivated by the ultimate objective of reducing the prevalence of people living in poverty. The primary goal of such efforts…

Abstract

Efforts and initiatives aimed at poverty reduction are motivated by the ultimate objective of reducing the prevalence of people living in poverty. The primary goal of such efforts is to ensure that individuals and families living in low-income households have fair access to basic essentials such as food, vital resources and critical services. According to the World Economic Forum, poverty is a significant loss of well-being that can appear in a variety of ways. Two instances of this are low wages and the difficulty of accessing the necessities for daily living in the form of goods and services. Poor physical and mental health, insufficient access to sanitary services, lack of a voice and a lack of resources to improve one's situation are all characteristics of poverty. The goal of this study is to provide insight into the various poverty eradication programmes undertaken in India and the Middle East, i.e. Yemen. This exploratory study aims to give an overview comprising an analysis of more than 52 published research articles on this topic. The evaluation covers papers from prominent publications as well as general management journals with significant links to the topic. This chapter makes a significant contribution to theory by understanding different challenges leading to poverty, giving insights into the various programmes taken to eradicate poverty and suggesting measures to mitigate poverty through various literature reviews; this study is a general review in the context of the paper type. This study will give discernment for academicians and executives of different organisations.

Details

Understanding the Multi-Dimensional Nature of Poverty
Type: Book
ISBN: 978-1-83753-293-3

Keywords

Content available
Article
Publication date: 30 September 2014

Shawn Carraher

1189

Abstract

Details

Journal of Technology Management in China, vol. 9 no. 3
Type: Research Article
ISSN: 1746-8779

Content available
Book part
Publication date: 22 November 2024

Abstract

Details

Understanding the Multi-Dimensional Nature of Poverty
Type: Book
ISBN: 978-1-83753-293-3

Content available
Book part
Publication date: 22 November 2024

Abstract

Details

Creating Pathways for Prosperity
Type: Book
ISBN: 978-1-83549-122-5

Content available
Book part
Publication date: 14 October 2024

Abstract

Details

Sustainable Tourism, Part A
Type: Book
ISBN: 978-1-83797-980-6

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