Document details

Relationship between investor’s profile and the level of emotional competence

Author(s): Giehl, Bárbara

Date: 2020

Persistent ID: http://hdl.handle.net/10198/23233

Origin: Biblioteca Digital da UPB

Subject(s): Behavioral finance; Emotional competence; Investor’s profile; Prospect theory; Empathy; Selfmotivation


Description

Over time, the assumptions of traditional financial theories have been questioned, particularly the research área of behavioral finance led to new insights into human behavior in financial matters. Behavioral finance explores the psychological aspects of investors’ behavior and tries to understand how limited rational behavior is in decision making. Withresearch on risk tolerance, that leads to the investor profiles ranging from conservative to aggressive.. The behavioral finance studies are related to the Emotional Intelligence studies, which introduced the Emotional Competence studies. Emotional Competence is divided into five dimensions: Self-Awareness, Emotions Management, Self-Motivation, Empathy, and Social Emotions Management behaves at the time of the decision. This research tries to understand if there is a relationship between the investor's profile and his emotional competence. This investigative study is characterized as qualitative-quantitative exploratory research with specific objectives: (i) To know the sociodemographic characteristics of the sample; (ii) Identify the profile of the individual investor: conservative, moderate, or aggressive; (iii) Identify the level of Emotional Competence of the individual investors (iv) Identify the most relevant Emotional Competence among the sample; and finally (v) Analyze the relationships between the dimensions of Emotional Competence and the types of Investor’s Profile. The results of this research indicate that there is a relation between the investor's profile and his/her emotional competence. It also reveals that empathy is a very important skill and that the motivational variable has great value among the skills. The reseach shows significant results that indicate the correlation between investors’profiles and emotional intelligence. Nevertheless, there is definitely need for further research on this topic.

Document Type Master thesis
Language English
Contributor(s) Biblioteca Digital da UPB; Monte, Ana Paula; Veiga-Branco, Augusta
CC Licence
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