International Journal of Accounting & Finance in Asia Pasific
Vol 7, No 1 (2024): February 2024

Factors Influencing Investment Decisions among College Students: A Comparative Analysis Between India & Nigeria

Karamchandani, Devanshu (Unknown)
Anjali, Anjali (Unknown)
Obinwa, Etoo Emmanuel (Unknown)
Nandana, R Devi (Unknown)
Panda, Kunal (Unknown)
Hui, Gan Kia (Unknown)
Peter, Okwu (Unknown)
Pandey, Rudresh (Unknown)
Aun, Teoh Bak (Unknown)
Huei, Lok Yee (Unknown)



Article Info

Publish Date
20 Feb 2024

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.

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Journal Info

Abbrev

IJAFAP

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

IJAFAP aims to feature narrative, theoretical, and empirical-based research articles within the abovementioned fields. The journal welcomes articles relating to the current issues of financial decision making as well as its impact on society. IJAFAP carries out the mission to feature narrative, ...