Analysis of the Relationship between Financial Behavior and Short- and Long-Term Returns among Moroccan Investors: A Behavioral Finance Approach

Authors

  • EL GHMARI Omar Faculty of Legal, Economic and Social Sciences Sidi Mohamed Ben Abdellah University Fez, Morocco Author
  • EL GHMARI Imad Faculty of Legal, Economic and Social Sciences -Souissi, Mohamed V University, Rabat, Morocco. Author
  • TRID Sabah Faculty of Legal, Economic and Social Sciences Sidi Mohamed Ben Abdellah University Fez, Morocco Author
  • M’HAMDI Mohamed Faculty of Legal, Economic and Social Sciences Sidi Mohamed Ben Abdellah University Fez, Morocco Author

DOI:

https://doi.org/10.56294/sctconf20241016

Keywords:

Rationality, Behavioral Finance, Behavioral Biases, Profitability

Abstract

The efficient market hypothesis (EMH) theory has been vigorously challenged for its inability to explain certain anomalies, stimulating the development of behavioral finance. This discipline, emerging over the past thirty years, provides a new perspective on the analysis of financial markets, highlighting the behavioral biases of investors. Faced with this issue, our study aims to evaluate the impact of behavioral biases on Moroccan financial markets by testing the hypothesis that these biases influence investment decisions and short- and long-term performance. Thus, we seek to understand how the behaviors of Moroccan investors, influenced by psychological biases, can affect financial returns in a context where the efficient market hypothesis is being questioned

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Published

2024-01-01

How to Cite

1.
EL GHMARI O, EL GHMARI I, TRID S, M’HAMDI M. Analysis of the Relationship between Financial Behavior and Short- and Long-Term Returns among Moroccan Investors: A Behavioral Finance Approach. Salud, Ciencia y Tecnología - Serie de Conferencias [Internet]. 2024 Jan. 1 [cited 2024 Dec. 12];3:1016. Available from: https://conferencias.ageditor.ar/index.php/sctconf/article/view/805