An Impact of Mobile Trading Apps on Investment Decision of Individual Investors

Authors

  • Dr. R. Amudha Associate Professor, School of Management, SASTRA Deemed University, Thanjavur, Tamilnadu, India
  • Kavin Mugil. E MBA Scholar, School of Management, SASTRA Deemed University, Thanjavur, Tamilnadu, India

Keywords:

App recommendation, Ease of use, Investment decision, Investors, Mobile trading apps, Perceived information, Personalization, Ratings.

Abstract

In recent years, the investors have increasingly turned to Mobile trading apps for making investments in shares, Bonds and Mutual funds. It is significant to know, whether these Apps affect the investor decision. The study aimed to understand the impact of Mobile trading apps on investment decision of individual investors. This study examined the influence of App recommendations, Ratings, Ease of use, Personalization and Perceived information on investment decision. The Purposive sampling technique is utilized to collect the data from 200 respondents and analysed using Percentage analysis, Chi square analysis, Correlation and Regression analysis. Results indicated that the Mobile trading apps influence the investor decision. The findings will be helpful for prospective investor to use mobile trading apps and assist companies involved in making application to understand the investor preference.

References

Y. Zhang, "Three essays on mobile financial technology: From the perspective of financial knowledge, financial stress, and financial well-being" (Order No. 30489163), ProQuest One Academic, 2861140458, 2023.

A. N. Tahir and D. N. Danarsari, "App-Based Investment Platform and Investment Decision Making: A Study of Retail Investor Behavior in Indonesia," Eduvest-Journal of Universal Studies, vol. 3, no. 7, pp. 1258-1272, 2023.

M. Briere, "Retail Investors’ Behavior in the Digital Age: How Digitalization is Impacting Investment Decisions," Available at SSRN, 2023.

A. Johri, M. Wasiq, H. Kaur, and M. Asif, "Assessment of users' adoption behaviour for stock market investment through online applications," Heliyon, vol. 9, no. 9, 2023.

R. K. S, "Investment Decision Making Behaviour of Individual Investors in the Indian Stock Market An Exposition of Psychological and Attitudinal Precedents," 2022.

L. Peng, S. Hao, and X. Tang, "Do Online Platforms Provide Valuable Information for Individual Investors? An Examination of Platform Recommendations," 2022.

K. Sharmeen, "Stock Market Trading through Mobile Application: An Analysis of Reaction to COVID-19," 2022.

L. Doyenne, "THE SELF-DIRECTED INDIVIDUAL INVESTOR AND ONLINE INVESTING PLATFORM DECISION SUPPORT" (Doctoral dissertation, Université de Lausanne), 2022.

M. Anand and V. S. Abhilash, "Behavioural Intention of Investors Regarding Trading Apps in India with an Implication of UTAUT Model," Management Dynamics, vol. 22, no. 1, pp. 1-10, 2022.

R. Sari, K. Kusnanto, and M. Aswindo, "Determinants of Stock Investment Decision Making: A Study on Investors in Indonesia," Golden Ratio of Finance Management, vol. 2, no. 2, pp. 120-131, 2022.

A. Guddati and D. Bhat, "Analysis of Pre-Existing Investment Behavior and Influence of Trading Apps," Journal of Student Research, vol. 10, no. 4, 2021.

X. Cen, "Smartphone trading technology, investor behavior, and financial fragility," Investor Behavior, and Financial Fragility, June 25, 2021.

S. Chaudhry and C. Kulkarni, "Design patterns of investing apps and their effects on investing behaviors," in Designing interactive systems conference 2021, pp. 777-788, June 2021.

S. Malhotra, "Study of features of mobile trading apps: A silver lining of pandemic," Journal of Global Information & Business Strategy (JGIBS), vol. 12, no. 1, pp. 75-80, 2020.

B. P, "A comparative study on investors attitude in online share trading and trading through intermediaries in tirunelveli district," 2020.

Downloads

Published

2024-04-09

How to Cite

Amudha, D. R., & Mugil. E, K. (2024). An Impact of Mobile Trading Apps on Investment Decision of Individual Investors. International Journal of Innovative Research in Engineering and Management, 11(2), 45–49. Retrieved from http://ijirem.irpublications.org/index.php/ijirem/article/view/15

Similar Articles

1 2 > >> 

You may also start an advanced similarity search for this article.