Decoding Investment Trends: A Comparative Study of Faculty Preferences in Government and Private Universities of Himachal Pradesh
DOI:
https://doi.org/10.63682/jns.v14i30S.7003Keywords:
Household savings & personal finance, personal income and wealth distribution, InvestmentAbstract
Investment, is often known as deferred consumption which means the act of buying an object or holding money through bank deposits with the intention of earning forthcoming returns. There are a diversity of investment options, which includes stocks, bank deposits, trades, gold, silver, real estate, life insurance, postal savings, and more. The Present Study entitled “Decoding Investment Trends: A Comparative Study of Faculty Preferences in Government and Private Universities of Himachal Pradesh” was carried out with the help of 120 respondents of universities. The primary objective of the study was to examine the differences in investment preferences between employees of public and private universities while identifying the key factors influencing their choices. The findings revealed that government employees predominantly prefer bank deposits due to their safety, whereas private-sector employees exhibit greater risk aversion when investing in the stock market and commodities. Additionally, the study highlighted that higher returns, lower risk, and tax-saving potential are the key factors shaping investors' preferences across various investment avenues.
Downloads
Metrics
References
Aidoo-Mensah, Daniel. (2018). Savings and Income Relationships among Households: A Review of the Literature. Agricultural Social Economic Journal. 18. 133-143. 10.21776/ub.agrise.2018.018.3.6.
Aït-Youcef, C. (2019). How index investment impacts commodities: A story about the financialization of agricultural commodities. Economic Modelling, 80, 23-33.
Akey, R. P. (2006). Alpha, beta and commodities: Can a commodities investment be both a high risk-adjusted return source, and a portfolio hedge?. The Journal of Wealth Management, 9(2), 63-84.
Amin, H., Ramayah, T., Suhartanto, D., Ali, M., Razak, D. A., & Muhammad, M. Z. (2022). Investing in Islamic Fixed Deposit Accounts: A Technology Acceptance Model Perspective. International Journal of Business and Society, 23(2), 786-801.
Anonymous.(2020). University Grant Comission. University Grants Commission (UGC)-NET | India (nta.nic.in).( 10th January 2023, 1.17 PM).
Asher, M. (2009). Pension plans, provident fund schemes and retirement policies: India’s social security reform imperative. ASCI Journal of Management, 39(1), 1-18.
Atkinson, A., Messy, F. A., Rabinovich, L., & Yoong, J. (2015). Financial Education for Long-term Savings and Investments: Review of Research and Literature. OECD Working Papers on Finance, Insurance and Private Pensions, No. 39, OECD Publishing, Paris, https://doi.org/10.1787/5jrtgzfl6g9w-en
Bessler, W., & Wolff, D. (2015). Do commodities add value in multi-asset portfolios? An out-of-sample analysis for different investment strategies. Journal of Banking & Finance, 60, 1-20.
Bhutto, S. A., Ahmed, R. R., Streimikiene, D., Shaikh, S., & Streimikis, J. (2020). Portfolio investment diversification at global stock market: a cointegration analysis of emerging brics (P) group. Acta Montanistica Slovaca, 25(1), 57-69.
Boldyreva, N. B., Reshetnikova, L. G., Tarkhanova, E. A., Pisarenko, Z. V., & Kalayda, S. A. (2020). The impact of tax preferences on the investment attractiveness of bonds for retail investors: The case of Russia. Journal of Risk and Financial Management, 13(4), 72.
Bruhn, K., & Steffensen, M. (2011). Household consumption, investment and life insurance. Insurance: Mathematics and Economics, 48(3), 315-325.
Chaita, M. V. (2014). The impact of employee attitudes on job satisfaction: A comparative study of university professors in the northwest region of England. International Journal on Global Business Management & Research, 3(1), 2.
Charkha, S. L., Indoriya, R. R., & Khan, M. S. P. S. A Cogitation on Maximization of Wealth and its impact on return on Investment, due to transition in different Fixed Deposit Rates of Selected Public & Private Sector Banks before 10 years and currently, in Pune City. International Journal for Research in Engineering Application & Management (IJREAM).5,8-12.
Dev, R., & Chaubey D. (2016). A descriptive study on saving and investment behavior of investors :Evidence from Uttrakhand. TRANS Asian Journal of Marketing & Management Research. 5, 26-0.
Diacon, S. R. (2001). The efficiency of UK general insurance companies. CRIS Discussion paper Series. Centre for Risk & Insurance Studies. The University of Nottingham, 3(1), 1-32.
Garg, S. (2021). A study of factors influencing investor behaviour towards gold as an investment avenue with factor analysis. Materials today: Proceedings, 37, 2587-2590.
Georgiev, G., Gupta, B., & Kunkel, T. (2003). Benefits of real estate investment. The journal of portfolio management, 29(5), 28-33.
Gupta, A., & Sachdeva, K. (2019). Skin or skim? Inside investment and hedge fund performance (No. w26113). National Bureau of Economic Research. NBER Working Paper No. 26113. 50p.
Harlis, DE & Peterson SP, 1998, ‘Investor behaviour and persistence of poor-performing mutual funds’, Journal of economics behaviour & organization, 37, 257-276. DOI: https://doi.org/10.1016/S0167-2681(98)00093-6
Hillier, D., Draper, P., & Faff, R. (2006). Do precious metals shine? An investment perspective. Financial Analysts Journal, 62(2), 98-106.
Hundal, B. S., Grover, S., & Bhatia, J. K. (2013). Herd Behaviour and Gold Investment: A perpetual study of retail investors. IOSR Journal of Business and Management, 15(4), 63-69.
Jambodekar, M V (1996). Marketing strategies of mutual funds-Current practices and future directions. Indian Institute of management Studies. https://repository.iimb.ac.in/handle/123456789/4323
Kanjanaphoomin, N. (1994). Pension Fund, Provident Fund and Social Security.
Kumari, P. S., & Malekar, S. (2012). A study of Investor Behavior on investment avenues in Mumbai Fenil. TRANS Asian Journal of Marketing & Management Research (TAJMMR), 1(1), 49-70.
Liu, Y., & Ma, J. (2009). Optimal reinsurance/investment problems for general insurance models. The Annals of Applied Probability, 19(4), 1495-1528.
Lutter, J. L., & Soone, I. (2008). Consumer behavior during investment gold purchase in comparison to other investment instruments. Unpublished doctoral dissertation, Tallinn University, Tallinn.
Markonah, M. (2021). Analysis Relates to The Role of Premium Income, Claim Expenses, Investment Result and Risk Based Capital (RBC) Against the General Insurance Companies' Profits Income (Case Study on General Insurance Which Registered in The Indonesia Stock Exchange. Dinasti International Journal of Economics, Finance & Accounting, 2(2), 135-149.
McKinnon, R., Charlton, R., & Munro, H. T. (1997). The national provident fund model: An analytical and evaluative reassessment. International Social Security Review, 50(2), 43-57.
Nainggolan, L. M., & Soemitra, A. (2020). The contribution income, investment results, and claim expenses on sharia life insurance income. Jurnal Ekonomi dan Bisnis Islam| Journal of Economics and Business Islamic, 6(2), 201-220.
Nainggolan, L. M., & Soemitra, A. (2020). The contribution income, investment results, and claim expenses on sharia life insurance income. JEBIS: Jurnal Ekonomi dan Bisnis Islam, 6(2).
Nair, V. R., & Antony, A. (2015). Evolutions and challenges of behavioral finance. International Journal of Science and Research, 4(3), 1055-1059.
Natter, M., Rohleder, M., Schulte, D., & Wilkens, M. (2016). The benefits of option use by mutual funds. Journal of Financial Intermediation, 26, 142-168.
Otu, M. F. (2006). Imperative of national savings: A case for adoption of appropriate benchmark price for crude oil. Bullion, 30(1), 3.
Palanivelu, V. R., & Chandrakumar, K. (2013, March). A study on preferred investment avenues among salaried peoples with reference to Namakkal Taluk, Tamil Nadu, India. In International conference on business and accounting, Thailand (pp. 20-23).
Parker, D. (2012). Global real estate investment trusts: People, process and management. John Wiley & Sons.
Patel, C. Y. P., & Patel, C. C. Y. (2012). A study of investment perspective of salaried people (private sector). Asia Pacific Journal of Marketing & Management Review, 1(2), 126-146.
Patil, S., & Nandawar, K. (2014). A study on preferred investment avenues among salaried people with reference to Pune, India. IOSR Journal of Economics and Finance (IOSRJEF) e-ISSN, 23215933, 09-17.
Prabhu, G., & Vachalekar, N. M. (2014). Perception of Indian investor towards investment in mutual funds with special reference to MIP funds. In 7th International Business Research Conference, India.
Prabhu, G., & Vachalekar, N. M. (2014). Perception of Indian investor towards investment in mutual funds with special reference to MIP funds. In 7th International Business Research Conference, India.
Raco, M., Sun, Y., & Brill, F. (2020). Relational regulation and Chinese real estate investment in London: moving beyond the territorial trap. Territory, Politics, Governance, 1-23.
Ramesh, M. (2005). One and a half cheers for provident funds in Malaysia and Singapore. In Transforming the developmental welfare state in East Asia (pp. 191-208). Palgrave Macmillan, London.
Rehman, M. U., & Vo, X. V. (2021). Energy commodities, precious metals and industrial metal markets: A nexus across different investment horizons and market conditions. Resources Policy, 70, 101843.
Rooij,V M., Lusardi, A., & Alessie, R. (2011). Financial literacy and stock market participation. Journal of Financial economics, 101(2), 449-472.
Samudra, A & Burghate, MA, 2012, ‘A Study on investment behaviour of middle class households in Nagpur’, International Journal of Social Sciences and Interdisciplinary Research, 1(5), 43-54.
Sharma, Y., Mukherjee, K., & Shrivastav, H. (2021). A Study on Factors Impacting the Investment in Life Insurance Policy. International Journal of Management and Human Science (IJMHS), 5(4), 11-15.
Sikidar, S. (1996). Equity and Mutual Funds—A Behavioural Study. Management of financial services, 136.
Spence, M., & Zeckhauser, R. (1978). Insurance, information, and individual action. In Uncertainty in Economics (pp. 333-343). Academic Press.
Sridhar, P. (2017). Financial Analysis on Fixed Deposit versus Stock on Select Bank.
Thillainathan, R. (2000). The employees provident fund of Malaysia: asset allocation, investment strategy and governance issues revisited. Pension Fund Management, Kuala Lumpur, 14-15.
Vanitha, S., & Saravanakumar, K. (2019). The usage of gold and the investment analysis based on gold rate in India. International Journal of Electrical and Computer Engineering, 9(5), 4296.
Vasagadekar, P. (2014). A research paper on investment awareness among Indian working women with reference to Pune region. International Journal of Scientific & Engineering Research, 5(6), 1333-1350.
Yadav, B., & Tiwari, A. (2012). A study on factors affecting customers investment towards life insurance policies. International Journal of Marketing, Financial Services & Management Research, 1(7), 106-123.
Yadav, K., Prajapati, Z., D'Silva, R., Khan, S., & Shetty, A. (2020). A Study on Investor's Perceptions Towards Investment in Fixed Deposit and Share Market. IIBM'S Journal of Management Research.
Yan, L., & Garcia, P. (2017). Portfolio investment: Are commodities useful?. Journal of Commodity Markets, 8, 403-55.
Zain, M. N. M., Yaacob, S. E., Ahmad, A. A., Zakaria, Z., & Ghani, N. A. R. N. A. (2014). Gold investment application through Mudarabah instruments in Malaysia: Analysis of gold dinar as capital. Asian Social Science, 10(7), 173.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
Terms:
- Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
