El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India

La toma de decisiones en el complejo mercado de valores es una tarea exigente dada la enorme cantidad de información disponible y la amplia gama de técnicas de toma de decisiones disponibles. La educación financiera de los inversores juega un papel destacado para influir en su proceso de toma de dec...

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Autores:
Isidore, Renu
Arun, C. Joe
Tipo de recurso:
Article of investigation
Fecha de publicación:
2023
Institución:
Universidad Católica de Colombia
Repositorio:
RIUCaC - Repositorio U. Católica
Idioma:
spa
OAI Identifier:
oai:repository.ucatolica.edu.co:10983/30356
Acceso en línea:
https://doi.org/10.14718/revfinanzpolitecon.v15.n1.2023.8
Palabra clave:
Educación financiera
inversores de capital secundario
mercado de valores
India
toma de decisiones
rendimiento de las acciones
Análisis económico
Financial literacy
Secondary equity investors
Indian equity market
Decision making
Equity returns
Economic analysis
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openAccess
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Renu Isidore, C. Joe Arun - 2023
id UCATOLICA2_7026d82e846e3afe3c22eec65bfa0e26
oai_identifier_str oai:repository.ucatolica.edu.co:10983/30356
network_acronym_str UCATOLICA2
network_name_str RIUCaC - Repositorio U. Católica
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dc.title.spa.fl_str_mv El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India
dc.title.translated.eng.fl_str_mv The Moderating Effect of Financial Literacy on the Relationship Between Decision-Making Tools and Equity Returns in the Indian Secondary Equity Market
title El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India
spellingShingle El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India
Educación financiera
inversores de capital secundario
mercado de valores
India
toma de decisiones
rendimiento de las acciones
Análisis económico
Financial literacy
Secondary equity investors
Indian equity market
Decision making
Equity returns
Economic analysis
title_short El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India
title_full El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India
title_fullStr El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India
title_full_unstemmed El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India
title_sort El efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la India
dc.creator.fl_str_mv Isidore, Renu
Arun, C. Joe
dc.contributor.author.spa.fl_str_mv Isidore, Renu
Arun, C. Joe
dc.subject.spa.fl_str_mv Educación financiera
inversores de capital secundario
mercado de valores
India
toma de decisiones
rendimiento de las acciones
Análisis económico
topic Educación financiera
inversores de capital secundario
mercado de valores
India
toma de decisiones
rendimiento de las acciones
Análisis económico
Financial literacy
Secondary equity investors
Indian equity market
Decision making
Equity returns
Economic analysis
dc.subject.eng.fl_str_mv Financial literacy
Secondary equity investors
Indian equity market
Decision making
Equity returns
Economic analysis
description La toma de decisiones en el complejo mercado de valores es una tarea exigente dada la enorme cantidad de información disponible y la amplia gama de técnicas de toma de decisiones disponibles. La educación financiera de los inversores juega un papel destacado para influir en su proceso de toma de decisiones. Aunque el mercado de valores indio es el tercero más grande de Asia, solo alrededor del 3% de sus hogares invierten en mercados de valores. El nivel de educación financiera del inversor indio debe evaluarse para que haya una mayor participación en el mercado de valores y se obtengan mayores rendimientos. Este estudio tiene como objetivo determinar el efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones obtenidos en el mercado secundario de acciones de la India. Las herramientas de toma de decisiones incluyen el análisis fundamental: (i) análisis económico, (ii) análisis de la industria, (iii) análisis de la empresa, (iv) análisis técnico y (v) recomendación deasesores. Los datos se recopilaron a través del método de encuesta de cuestionario y a través de una muestra válida de 436 cuestionarios, se probó la importancia del efecto moderador. Usando el complemento Process Macro en SPSS, se realizó el análisis de moderación. Los resultados revelan que la educación financiera solamente moderó la relación entre el análisis económico y los rendimientos de las acciones.
publishDate 2023
dc.date.accessioned.none.fl_str_mv 2023-03-23 00:00:00
dc.date.available.none.fl_str_mv 2023-03-23 00:00:00
dc.date.issued.none.fl_str_mv 2023-03-23
dc.type.spa.fl_str_mv Artículo de revista
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dc.type.local.eng.fl_str_mv Journal article
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dc.identifier.issn.none.fl_str_mv 2248-6046
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dc.relation.citationedition.spa.fl_str_mv Núm. 1 , Año 2023
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dc.relation.ispartofjournal.spa.fl_str_mv Revista Finanzas y Política Económica
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spelling Isidore, Renu46b506fc-62a9-4636-9644-8a42c67ca036300Arun, C. Joe25ec500f-c9e1-4817-ba3b-fddfc7acd0113002023-03-23 00:00:002023-03-23 00:00:002023-03-23La toma de decisiones en el complejo mercado de valores es una tarea exigente dada la enorme cantidad de información disponible y la amplia gama de técnicas de toma de decisiones disponibles. La educación financiera de los inversores juega un papel destacado para influir en su proceso de toma de decisiones. Aunque el mercado de valores indio es el tercero más grande de Asia, solo alrededor del 3% de sus hogares invierten en mercados de valores. El nivel de educación financiera del inversor indio debe evaluarse para que haya una mayor participación en el mercado de valores y se obtengan mayores rendimientos. Este estudio tiene como objetivo determinar el efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones obtenidos en el mercado secundario de acciones de la India. Las herramientas de toma de decisiones incluyen el análisis fundamental: (i) análisis económico, (ii) análisis de la industria, (iii) análisis de la empresa, (iv) análisis técnico y (v) recomendación deasesores. Los datos se recopilaron a través del método de encuesta de cuestionario y a través de una muestra válida de 436 cuestionarios, se probó la importancia del efecto moderador. Usando el complemento Process Macro en SPSS, se realizó el análisis de moderación. Los resultados revelan que la educación financiera solamente moderó la relación entre el análisis económico y los rendimientos de las acciones.Decision-making in the complex equity market is a demanding task due to the vast amount of information available and the wide range of decision-making techniques to choose from. The financial literacy ofthe investors plays a prominent role in influencing their decision-making process. Though the Indian equity market is the third largest in Asia, only around 3% of Indian households invest in it. Therefore, the financial literacy level of Indian investor needs to be assessed to increase the stock market participation and earn higher returns. Thisstudy aims to determine the moderating effect of financial literacy on the relationship between the decision-making tools and equity returns in the Indian secondary equity market. The decision-making tools include fundamental analysis: (i) Economic analysis, (ii) industry analysis, (iii) company analysis, (iv) technical analysis, and (v) advocate recommendation. The data was gathered through a questionnaire survey method and via a valid sample of 436 questionnaires, the significance of the moderating effect was tested. Using the Process Macro plugin in SPSS, moderation analysis was conducted. The results reveal that financial literacy only moderated the relationship between economic analysis and equity returns.text/htmlapplication/pdftext/xml10.14718/revfinanzpolitecon.v15.n1.2023.82011-76632248-6046https://doi.org/10.14718/revfinanzpolitecon.v15.n1.2023.8spaUniversidad Católica de Colombiahttps://revfinypolecon.ucatolica.edu.co/article/download/4859/4683https://revfinypolecon.ucatolica.edu.co/article/download/4859/4637https://revfinypolecon.ucatolica.edu.co/article/download/4859/4684Núm. 1 , Año 2023211118515Revista Finanzas y Política EconómicaAbarbanell, J. 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Joe Arun - 2023info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-CompartirIgual 4.0.https://creativecommons.org/licenses/by-nc-sa/4.0https://revfinypolecon.ucatolica.edu.co/article/view/4859Educación financierainversores de capital secundariomercado de valoresIndiatoma de decisionesrendimiento de las accionesAnálisis económicoFinancial literacySecondary equity investorsIndian equity marketDecision makingEquity returnsEconomic analysisEl efecto moderador de la educación financiera en la relación entre las herramientas de toma de decisiones y los rendimientos de las acciones en el mercado secundario de acciones de la IndiaThe Moderating Effect of Financial Literacy on the Relationship Between Decision-Making Tools and Equity Returns in the Indian Secondary Equity MarketArtículo de revistahttp://purl.org/coar/resource_type/c_2df8fbb1http://purl.org/coar/version/c_970fb48d4fbd8a85Textinfo:eu-repo/semantics/articleJournal articlehttp://purl.org/redcol/resource_type/ARTinfo:eu-repo/semantics/publishedVersionPublicationOREORE.xmltext/xml2812https://repository.ucatolica.edu.co/bitstreams/a06573d5-9787-496c-8bca-b5a0c553ed0f/downloadbed899fb095a98bb0e9e9f5e2a23690fMD5110983/30356oai:repository.ucatolica.edu.co:10983/303562023-12-19 14:56:12.661https://creativecommons.org/licenses/by-nc-sa/4.0Renu Isidore, C. 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