Journal of Management Information and Decision Sciences (Print ISSN: 1524-7252; Online ISSN: 1532-5806)


Impact of Financial Styles on Investing Decisions with mediating effect of behavioural biases A Comparative Analysis of Pakistani and UK Firms

Author(s): Mehwish Ali Khan, Iram Naz & Matti Ullah Farooqi

Purpose of the study is to explore the impact of financial styles of top executives on investing decisions and the meditating role of behavioural biases (like status quo and illusion of control) between financial styles and investing decisions. Top executives in business organizations from Pakistan and United Kingdom constitute the population of this study. Considering the nature of study, convenient sampling was chosen for data collection. Questionnaires were emailed to top executives in sample countries. Structural Equation Modelling was used as data analysis technique with help of AMOS 18, SPSS 20. The results show that both status quo and illusion of control act as mediator between financial styles and investing decisions while financial styles significantly impact investing decisions.

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