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All Journal International Journal of Accounting & Finance in Asia Pasific
Panda, Kunal
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Factors Influencing Investment Decisions among College Students: A Comparative Analysis Between India & Nigeria Karamchandani, Devanshu; Anjali, Anjali; Obinwa, Etoo Emmanuel; Nandana, R Devi; Panda, Kunal; Hui, Gan Kia; Peter, Okwu; Pandey, Rudresh; Aun, Teoh Bak; Huei, Lok Yee
International Journal of Accounting and Finance in Asia Pasific (IJAFAP) Vol 7, No 1 (2024): February 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v7i1.2897

Abstract

Investment is done for the purpose to gain profitable returns. Investing in a well-diversified portfolio offers a multitude of benefits, including capital appreciation to grow wealth over time. As a student, managing finance can be challenging, but exploring opportunities for passive income can make a significant difference in financial stability and independence. This study endeavors to comparatively analyze the factors influencing investment decisions among college students in India and Nigeria. Demographics play a pivotal role in shaping investment choices, and understanding the differences in the attitude of these countries is vital for effective financial education initiatives. The study reveals that there is a positive relationship between different factors that students consider when making these decisions. Factors such as financial security, return on investment (ROI), and risk minimization are found to have a significant impact on their choices.
Co-Authors Anjali, Anjali Aun, Teoh Bak Huei, Lok Yee Hui, Gan Kia KARAMCHANDANI, DEVANSHU Nandana, R Devi Obinwa, Etoo Emmanuel Pandey, Rudresh Peter, Okwu